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konstantin123 [22]
3 years ago
5

Merchandise inventory: A. Is a long-term asset. B. Is a current asset. C. Includes supplies. D. Is classified with investments o

n the balance sheet. E. Must be sold within one month.
Business
1 answer:
Keith_Richards [23]3 years ago
7 0

Answer:

<h2>Merchandise inventory <u>is a long-term asset.</u></h2>

<h2><u>hope </u><u>this</u><u> </u><u>answer </u><u>helps</u><u> you</u><u>.</u><u>.</u><u>.</u><u>.</u><u>!</u><u>!</u><u>!</u></h2>
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Garrett’s Tea Corp. plans to increase profits by providing custom tea blends to the various countries it sells to. The company w
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Answer:

The correct answer is Localization.

Explanation:

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3 0
4 years ago
On September 12, Vander Company sold merchandise in the amount of $8,200 to Jepson Company, with credit terms of 3/10, n/30. The
Ne4ueva [31]

Answer:

                                     Debit                                     Credit

Accounts Receivable      8,200

Merchandise sold                                                         8,200

Cost of goods sold         5,200

Inventory                                                                      5,200

The first entry is the recording the sale by crediting the merchandise being sold and debiting accounts receivable as the sale is on credit

The second entry is recording the costs of good sold by debiting it and the decrease in inventory of 5,200 by crediting it

Explanation:

5 0
3 years ago
At an open house the listing agent begins giving advice to a prospective buyer regarding how much to offer for the house, withou
lukranit [14]

Answer:

d. The agent has not violated any duties, because she is not performing real estate services for the buyers

Explanation:

Here, at the open house, the agent, without proper introduction and without explaining that she represents the seller, started giving advice to a prospective buyer regarding the amount to offer for the house. By offering advice to the buyer and not disclosing who she represents, the agent is now acting as an undisclosed dual agent, also she has breached the loyalty duties to both parties. The agent is also not acting in accordance with her agency status.

Therefore the incorrect option is option D.) The agent has not violated any duties, because she is not performing real estate services for the buyers

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