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just olya [345]
3 years ago
7

Which amount does not change during the period and is added to purchases when computing the cost of goods available for sale?

Business
2 answers:
Temka [501]3 years ago
6 0

D.) Beginning Inventory is the correct answer.

Alex Ar [27]3 years ago
5 0
Hello
the best answer is c
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At the end of the first month of operations, the Lamar Company's accountant prepared financial statements that showed the follow
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Answer:

Assets = $87,350

Liabilities = $30,450

Stockholders' Equity = $56,900

Net Income = $7,900

Explanation:

The correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month can be determined as follows:

Assets = Recorded asset value - Depreciation + Unbilled service revenue = $90,000 - $4,500 + $1,850 = $87,350

Liabilities = Recorded liabilities + Unpaid wages = 30,000 + 450 = $30,450

Stockholders' Equity = Recorded Stockholders' Equity - Depreciation + Unbilled service revenue - Unpaid wages = $60,000 - $4,500 + $1,850 - $450 = $56,900

Net Income = Recorded net income  - Depreciation + Unbilled service revenue - Unpaid wages = 11,000 - $4,500 + $1,850 - $450 = $7,900

Note that from the above calculations, we can obtain:

Liabilities + Stockholders' Equity = $30,450 + $56,900 = $87,350

This therefore confirms the accounting equation that:

Assets = Liabilities + Stockholders' Equity = $87,350

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Which of the following statements is correct?
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A

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If a group of farmers who grow oranges helps fund a university-based research project to determine the amount of vitamin c conta
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For 2018​, Pompi marketing managers project monthly sales of 460 comma 000 ​12-ounce bottles and 200 comma 000 ​1-gallon contain
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Budgeted total revenue = $424,000

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<em>The revenue budget shows the expected amount sales income projected for the next coming accounting period for a business. It contains data about the expected ales volume for different products, their prices and the estimated sales revenue.</em>

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Ounce             0.40             460,000               184,000

Bottles             1.20             200,000                <u>240,000 </u>

Total revenue                                                     <u>424,000 </u>

Budgeted total revenue = $424,000

           

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Has a _____ percent of chance of being schizophrenic.
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