Answer:
Ace Incorporated
The cost of inventory as of June 30 is:
= $4,000.
Explanation:
a) Data and Calculations:
June 1 Beginning Inventory $0
June 3 Purchased goods for $4,100
June 5 Returned goods costing($1,100)
June 6 Purchased goods for $1,000
June 30 Total available $4,000
b) The cost of inventory is made up of the cost of purchasing the inventory minus purchase returns. In this instance, there were no sales during June. This would have reduced the cost of the inventory available as of June 30.
It should be Joe and ISADORA and it should be ISADORA 37 and Joe 48
Answer
The note must be reported on the balance sheet as of December 31 for the total outstanding value, since the refinancing does not change the value to be paid only affects the terms and interests, also the financing will only be made in January of year 2
Answer:
The correct answer would be option C, 3.
Explanation:
There are three types of grants offered by the Federal Government.
These are as follows:
1) Federal Pell Grants
2) Federal Supplemental Education Opportunity Grants
3) Work Study Programs
Federal Pell Grants provides financial aid to the students, not exclusive to their family income, serves as the prized resource among students. There are certain conditions whom a student must fulfill in order to be eligible for this grant.
Federal Supplemental Education Opportunity Grants are the financial aids given to the students who have a very low expected family contribution towards their studies.This grant is given to the most needy students.
Work Study Programs also provide the financial aid to the students by providing them part time job opportunities to meet their financial college expenses.
Answer:
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Explanation:
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