Answer:
The the value of the ending Finished Goods Inventory $24,628,50
Explanation:
See attached file
The answer is, the Fifth Amendment privilege does not extend to the custodian of corporate records.
<h3>What defines a pharmaceutical company?</h3>
- A pharmaceutical company, often known as a drug company, is a for-profit organization with a license to conduct medication research, development, marketing, and/or distribution, usually in the context of healthcare.
<h3>What is the role of pharmaceutical companies?</h3>
- The pharmaceutical sector creates, produces, and markets pharmaceutical products. Its goal is not to define sickness.
- The majority of drugs created by pharmaceutical corporations are designed to treat conditions that have already been identified as such by the medical community.
<h3>What is an example of pharmaceutical?</h3>
- Pharmacies or prescribed medications are mentioned in the definition of pharmaceutical.
- Prozac is an example of a pharmaceutical drug. (medicine) Of, pertaining to, or involving a pharmacy or pharmacists
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Answer:
A liability account in the balance sheet.
Explanation:
When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;
Debit Cash account
Credit Unearned/Deferred rental revenue
The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.
As such, the collection of rent in advance is A liability account in the balance sheet.
The journal entry is as follows
Unearned ticket revenue Dr $33,700
To Ticket revenue $33,700
(Being the unearned ticked revenue is recorded)
The computation is shown below:
= Number of seasons sold × Price of six events ÷ number of events held
= 3,370 × $60 ÷ 6
= 3,370 × $10
= $33,700
So we debited the unearned ticket revenue and credited the ticket revenue
<span>It is vitally important that all organisations keep a step ahead of their competitors and that they can understand their market and where they fit in it. Complacency is the killer of all businesses. The fact that you have succeeded once does not give you the magic elixir for eternal success. It is a constant struggle of creating new innovations and foresight.
Market research gives you a map of where you have been and where you might want to head. It shows the bumps along the way and the trends that may be cyclical that you must consider. It shows where you are in relation to your competitors and areas that will need improving to maintain competitiveness.</span>
