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3 years ago

Under perpetual inventory system, in addition to making the entry to record a sale, an entity would

Business

1 answer:

kolezko [41]3 years ago

5 0

Answer:

record a decrease in inventory and an increase in cost of goods sold for the cost of the merchandise sold.

Explanation:

The perpetual inventory system maintains records of inventory movement and changes at the time of an inventory transaction, purchase, sale, or return using the inventory and cost of goods sold accounts instead of purchases account used under the periodic inventory system. An inventory purchase increases the value of inventory while a sale reduces it, and adjustments are made for returns. When goods are purchased or returned by customers, the inventory account is debited. When goods are returned to suppliers or sold, the account is credited.

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Which statement below best answers the economic question "How to produce"?

FromTheMoon [43]

Answer:

An artisan uses local wood from a sustainable tree farm to make products.

(third option listed)

Explanation:

Producing is the actual making of something, and so the question of "How to produce?" can be best answered by an explanation of the production process.

So, "An artisan uses local wood from a sustainable tree farm to make products." describes the process of production--how the artisan is making their products.

read more about production at brainly.com/question/1462676

hope this helps!!

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2 years ago

A restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer. How would the u

VARVARA [1.3K]

Answer:

b. The money spent is worth the boost it gives to corporate image.

Explanation:

A restaurants charity can be known as the activities related to the corporate social responsibility. Here the activities can be considered over and above what the law related to the land has prescribed and normally it is motivated to represent the company really care for the society also not the profit is only the purpose and in return the society helps the company to increased the profits

Therefore the option b is correct

4 0

3 years ago

Management in the News In April 2010, the explosion of British Petroleum’s (BP) Deepwater Horizon oil drilling rig and the accom

Firlakuza [10]

Answer:

Event Dimension BP stock prices falling 25% during the first month after the oil spill. ECONOMIC.

The Economic dimension of the environment deals with production in the economy which means that it deals with business entities and the financial system. Dimension BP stock price falling therefore falls under her.

Using deep-se submersibles to take pictures of the oil leak a mile below the surface of the water. TECHNOLOGICAL.

The Technological dimension of the environment refers to anything related to the use of technology and using deep-sea submersibles to take pictures of the leak below the surface of the water will definitely fall under technology.

People moving from Louisiana to Oklahoma to avoid the effects of the spill. SOCIOCULTURAL.

Sociocultural dimension deals with human beings and how they relate with themselves and the environment around them. People therefore moving from Louisiana to Oklahoma will fall under here.

3 0

3 years ago

A country is said to have a _______ exchange rate when the government keeps the exchange rate against other currencies at or nea

77julia77 [94]

Answer:

Fixed

Explanation:

The government keeps the exchange rate FIXED the the same rate.

3 0

3 years ago

What information does a target cost-per-acquisition (cpa) bid strategy need in order to find the optimal cost-per-click (cpc) bi

Butoxors [25]

They would need historical conversion data because using this allows you to find the optimal equivalent bid each time your ad is eligible to appear. Even though you pay per click, you don't need to continuously adjust the bid to reach your conversion target

7 0

3 years ago