Answer: Option D
Explanation: Matching principle is an accounting standard which states that the expenses incurred in a period should be recognized in the period in which the revenue relating to that expense is earned regardless of the fact when the cash exchange has been done.
.
So, as per the given problem option D is the right answer.
Answer:
Export.
Explanation:
When a company sells its assets to a buyer in another country it is considered an export as the company is no longer considered an asset of the country of origin.
So when Anhueser Busch InBev sold Budweiser beer made in St. Louis, MO, to Germany, it carried out a United States export to Germany.
Answer: 1.621
Explanation:
The old charge per student was $678 per month
The new charge is $1,099.
The percent of the new charge compared to the old according to the question methodology is:
= New charge per student / old charge per student
= 1,099/678
= 1.621
Answer:
the cost of goods sold is $5,940
Explanation:
The computation of the cost of goods sold is shown below:
As we know that
Cost of goods sold is
= beginning inventory + purchase made - ending inventory
= $4,860 + $10,080 - $9,000
= $5,940
Hence, the cost of goods sold is $5,940
We simply applied the above formula so that the correct value could come
And, the same is to be considered
