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Andreas93 [3]
3 years ago
11

if a business purchases items to sell during the year, the cost of any items that are not used or consumed are reflected

Business
1 answer:
kirza4 [7]3 years ago
4 0

Answer:

"On the end of the year balance sheet" is the right response.

Explanation:

  • If a company is buying goods to sell and even certain merchandise remains unsold might become a component of storage again for the corporation.
  • That balance of supply remains displayed on either the reserves side underneath current assets on what's on the ending accounting records and then this amount will be carried forward to that day.
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1
NISA [10]

Answer:

Point C

<em>Diagram is available online but cannot be imported due to its format</em>

Explanation:

A reduction in the cost of inputs means that suppliers will avail more fish in the market. An increase in supply caused by other factors other than price shifts the supply to the right. A shift of the supply curve outwards or the right makes the equilibrium point to move to capture an increase in supply.

In the diagram, the new equilibrium point will be at point C. The supply will increase due to a reduction in input costs.

8 0
3 years ago
Barton, Inc. is a corporation with ordinary net business income of $130,000, dividends of $2,000, a long-term capital gain of $5
Levart [38]
Business net income $130,000
Dividends $2,000
Long-term capital gain $5,000
Short-term capital loss $10,000
$130,000 + $2,000 + $5,000 = $137,000
$137,000 - $10,000 = $127,000

Based on my these figures, Barton’s taxable income is $127,000.
5 0
3 years ago
Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might th
Oksana_A [137]
North Korea Nuclear testing. Since China is doing nothing to stop it, sanctions can be placed on China (maybe) and aid provided to Japan's defense department as well as south koreas.

7 0
3 years ago
Read 2 more answers
The trial balance of ABC Co. does not balance. АВС CO. TRIAL BALANCE JUNE 30, 2019 Debit Credit Cash 0 5740 Accounts Receivable
Vika [28.1K]

Answer:

ill do it of you make it more readable

Explanation:

4 0
4 years ago
the present value of a cash flow will never be greater than the future dollar amount of the cash flow. t or f
svlad2 [7]

The following statement "the present value of a cash flow will never be greater than the future dollar amount of the cash flow" is true.

Cash flow is the net balance of money coming into and going out of a firm at a certain moment in time. A firm continuously has cash coming in and going out. For instance, money leaves the company and goes to its suppliers when a retailer buys inventory.

The expenses made as part of daily operations are included in the cash flow from operations. These cash outflows include things like rent, utilities, wages, and the cost of products sold. When a corporation operates heavily on the seasonal cycle, cash outflows might vary greatly.

To know more about Cash Flow here

brainly.com/question/24179665

#SPJ4

4 0
2 years ago
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