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irina [24]
3 years ago
13

Is carriage inward debit or credit​

Business
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer:

From the buyer's point of view, the delivery charge would he referred to as “carriage inwards”. Any such carriage charges should be debited to the carriage inwards account in the general ledger. The carriage inwards account is written off to the trading account at the end of the accounting period.

Explanation:

Carriage inwards refers to the transportation costs required to be paid by the purchaser when it receives merchandise it ordered with terms FOB shipping point. Carriage inwards is also known as freight-in or transportation-in. Carriage inwards is considered to be part of the cost of the items purchased.

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During the current tax year, Paul came down with a serious illness. Paul's uncle paid many of Paul's expenses during the period
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Answer:

Neither Paul nor his uncle can deduct the expenses.

Explanation:

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A _____ is formed when two or more companies share resources, risks, and profits without actually merging, to pursue specific op
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A joint venture is formed.
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Which company has the highest level of sales ($) at the beginning of the simulation? Allstar B & B Curall Driscol Ethik
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6 0
3 years ago
Describe what fixed costs and marginal costs mean to a company. Choose the correct answer below. A. The number of units at which
steposvetlana [31]

Answer:

B) Fixed cost is the constant for a particular product and does not change as more items are made. Marginal cost is the rate of change of cost​ C(x) at the level of production x and is equal to the slope of the cost function at x.

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Fixed costs do not change when the quantity of goods or services produced changes, that is why they are fixed (they do not move).

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6 0
4 years ago
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
madreJ [45]

Answer:

Answer is $50.94 or $50.9

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The present value of a stock along with the continuous growth is one of the formulas that are being used in the dividend discount model, particularly as it relates to stocks that the speculation assumes will increase perpetually.

Please find the detailed answer as follows:

Current Value

= 1.25/(1+.12)^3 + 1.25*(1+75%)/(1+.12)^4 + 1.25*(1+75%)^2/(1+.12)^5 + 1.25*(1+75%)^2*(1+7%)/(1+.12)^5*(12%-7%) = $50.94 or $50.9

Answer is $50.94 or $50.9

Thanks.

6 0
3 years ago
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