Answer:
Option (b) is correct.
Explanation:
Correct amount of inventory to be reported:
Amount of inventory as per physical verification = $320,000
Cost of goods under consignment to Herschel Corporation = $47,000
Value of inventory to be reported:
= Amount of inventory as per physical verification + Cost of goods under consignment to Herschel Corporation
= $320,000 + $47,000
= $367,000
Answer:
Decrease by $6100
Explanation:
Any gain or loss adjustment on an investment in available-for-sale securities is accounted for under the title Other Comprehensive Income in the Statement of Profit and Loss and Other Comprehensive Income. Thus, the effect of this loss on comprehensive income will be a Decrease by $6100.
Answer:
The correct option is <u>C. intuition</u>
Explanation:
Intuition can be described as a quality in which a person thinks of something to be right due to his/her instinctive feeling. There is no logical reason for that thing to be right but still, a person understands or believes it to be true. For example, in the above question, Madelyn does not have any conscious reasoning for her being a veterinarian yet it just feels right to her. Hence, this is her intuition.
the property being appraised is a one-unit property that will be used as an investment property, Fannie Mae requires that the appraiser must prepare a Form 1004, Form 1007.
Although Grounding has always been a unit of property that is available, it has never been linked as a unit that is compatible with Retirement in the job management system. Property Unit The AICPA advises giving an example to demonstrate how a taxpayer might be able to consider all section 1250 leasehold improvements that are a component of the same building as a single unit of property (or "UOP").
The Board of Directors approves the annual disposal of physical assets after an inventory is completed. Workshop Report: Meaningful Engagement of Indigenous Peoples and Communities in Marine Activities (MEMA), September 17, 2016, Brunswick, Maine, Bowdoin College.
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Answer:
Operating Activities
Received cash payments from customers.
Purchased inventories with cash.
Paid cash interest on outstanding notes.
Paid accounts payable with cash.
Investing Activities
Sold stock investments for cash.
Received cash from sale of equipment.
Received cash dividends from investments.
Financing Activities
Received cash from short-term debt issuance.
Paid cash dividends.
Received cash from long-term debt issuance.
Explanation:
Operating Activities consist of trading activities of the business.
Investing Activities consists of acquisition and sale of investments
Financing Activities costs of sourcing and repayments of sources of finance
