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allochka39001 [22]
2 years ago
12

Southern Printing Corp. produces high-end booklets for university graduations listing all the participating students at a given

university. What inventory model would Southern use to optimize the amount of booklet inventory produced for each graduation
Business
1 answer:
Troyanec [42]2 years ago
7 0

Answer:

Single period

Explanation:

In the case when the corporation wants to generate the high end booklets for the graduations that listed for the students who participated so here we use the single period inventory model for optimizing the booklet amount of an inventory that generated for each graduation as it is same to be considered and relevant

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The correct word for the blank spaces are: asset; revenue.

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By delivering goods expecting payment at a later date, Norbert Inc. is increasing its <em>accounts receivable</em>. This type of profit takes place when goods or services are provided in credit and the payment is set in the future. In the example, according to the Generally Accepted Accounting Principles (GAAP), the <em>accounts receivable must be debited to an asset account and credited to a revenue account</em>.

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