Answer:
2021 2022
Beginning inventory $20,730 $28,010
Cost of goods purchased <u>$150,450</u> <u>$174,240 </u>
Goods Available for sale $171,180 $202,250
Less :Ending Inventory <u>$28,010 </u> <u>$40,660</u>
Cost of goods sold <u>$143,170</u> <u>$161,590</u>
Note: The ending inventory of 2016 will become beginning inventory of 2017.
Well, Enthusiastic workers take an active interest in their duties and strive to do the best job possible, optimistic workers are necessary because it affects job performance and you are more likely to focus on the positive aspects of a give situation and patients will remain focused on the positive aspects of their conditions. These qualities lead to most likely help the patients out... so having those traits are important for all health care workers.
The cost of repairs on the automobile is $1,437 when the preventative maintenance plan is $896, and the cost of replacing the battery and the starter is $98 and $443.
<h3>What is the meaning of repairs?</h3>
Repairs costs are incurred when the asset is replaced, destroyed, or depreciated after a certain period of time. They are the expenses for the company.
Given values:
Preventative maintenance plan: $896
Replacement cost of battery: $98
Replacement cost of starter: $443
Computation of repairs cost:
Therefore, the cost of repairs amounts to $1,437 on the automobile.
Learn more about the repairs in the related link:
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Answer:
Explanation:
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Answer:
<u>investing activities:</u>
acquisition of land (211,000)
sale of land (101,000)
<u>Operating Activities:</u>
gain on sale: NO EFFECT if direct method is used
adjusting the net income if the indirect method is used.
Explanation:
The cash disbursmenets and cash proceeds fro mthe purhcase and sale of land respectevely will appear as investing activities.
The gain on the sale will adjust the net incoem if the company used indirect method to determinatethe cash from operating activities.
As is a non-monetary term It will be removed.
If the company used the direct method there will be no mention to the gain on sale.
