Answer: This is a lot to read , and I dont feel like reading it , plus im in 8th grade I dont understand this tbh :(
Explanation:
Answer:
A. Discretionary responsibility
Explanation:
A discretionary responsibility is also known as philanthropic responsibility, involves organisations making donations, that will contributes to the development of the community in which its operates
It has to do with a generous efforts carried out by an organization that assist in contribution of resources to community in which is operates for a better quality of life.
Therefore Jim& Jenny Inc donating to the non profit organisation is a discretionary responsibility
I believe it is commas but let me verify real quick
Answer:
A. $10,000
Explanation:
We know that :
cost of goods sold = opening inventory + purchases - ending inventory
hence,
Ending Inventory = opening inventory + purchases - cost of goods sold
therefore,
Ending Inventory = $15,000 + $45,000 - $50,000
= $10,000
The ending inventory must equal: $10,000
