Answer:
the journal entry to record this adjustment would be:
December 31, 202x, adjustment to merchandise inventory
Dr Accounts payable 3,090
Cr Merchandise inventory 3,090
When goods are purchased FOB destination, the title of the goods passes only after the goods have been delivered to the buyer. Also, freight costs should be paid by the seller. When goods are purchased FOB shipping point, the title of the goods passes after the goods leave the seller's dock, they are considered property of the buyer even if they haven't arrived yet. Freight costs are generally paid by the buyer.
The answer is D.10-20 seconds
Answer:
Suppose that you run the central bank of Fredonia. If you were concerned that monetary surprises may destabilize the economy, you would use Active/Passive monetary policy. If you believed that unexpected monetary policy could stimulate the economy, you would use Active/Passive monetary policy.
Explanation:
An active monetary policy regularly considers the current economic situation and comes up with policies to regulate it. Many countries use an active monetary policy.
In the US, the Federal Reserve’s Federal Open Market Committee, the group of people in charge of deciding these policies, meet 8 times a year to decide on policies that stabilize the economy.
By contrast, Passive monetary policy uses a standard set of rules to regulate the economy. These rules do not change in response to a change in the economy. For example there may be a rule for a 2% increase in interest rates for every 2% increase in Aggregate Output.
I believe the answer is: occipital lobes
occipital lobes is a part of our brain that regulates our visual procesing and contain the largest amount of anatomical region for the visual cortex . A damage or impact that happen in this area could make us perceive that we are seeing things that we are not suppose to be seeing.
Answer:
On Joker's separate balance sheet equipment amount would appear
= $470,000
On Velway consolidated balance sheet equipment amount would appear
= $970,000
Explanation:
Given:
Velway Book value of the equipment = $500,000
Velway Fair value of the equipment = $640,000
Joker book value of the equipment = $400,000
Joker Fair value of the equipment = $470,000
Now,
On Joker's separate balance sheet equipment amount would appear
= Fair value of equipment
= $470,000
And,
On Velway consolidated balance sheet equipment amount would appear as
= Book value of equipment of Velway + Fair value of equipment of joker
= $500,000 + $470,000
= $970,000
