Solution:
Activity Units Units cost Cost of Goods Available
Beginning Inventory 11 $65.00 $715
1st week purchase 11 $66.00 $726
2nd week purchase 11 $67.00 $737
3rd week purchase 11 $70.00 $770
4th week purchase 11 $75.00 $825
Units available for sale 55
Cost of goods available for sale $3,773
When accounting for the general fund, the encumbrances control account is credited when: purchase order is filled or canceled.
<h3>
What do you mean by general fund?</h3>
A general fund is defined as the fund which is known as the primary operating fund of a governmental unit. Most of the usual activities are supported by general fund.
On the other hand, the encumbrance control account is defined as settlement under which the some amount of money keep aside to meet the anticipated expenses.
For example, the reserve is used for maintaining the contract or purchase order.
Learn more about general fund, refer to the link:
brainly.com/question/24020252
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Answer:
they keep trying hard
They maybe exercise or keep playing basketball
Answer:
B. Liquidate some inventory to increase cash flow.
Explanation:
Inventory refers to the items meant for sale. Liquidating is converting assets into cash. Liquidating inventory means selling some inventory to generate cash. The business has enough inventory to last for months. Since the firm needs cash now, its best option is to sell some of its inventory.
Having inventory that can last for months is tying up resources that could be used in other ways. Keeping high levels of inventory is not prudent. It is not an investment that can generate more income. There is also the risk of theft and damages.
