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7nadin3 [17]
3 years ago
5

When changing from the average cost method to FIFO, the company: rev: 11_13_2020_QC_CS-240633 Multiple Choice Revises comparativ

e financial statements. Records a journal entry to adjust the book balances from their current amounts to what those balances would have been using FIFO. Provides a disclosure note explaining why the change to FIFO is preferable. All of these answer choices are correct.
Business
1 answer:
Nata [24]3 years ago
3 0

Answer:

my number is 678-918-5374

Explanation:

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A good reason for cutting meats and poultry into thin slices for sandwiches is that
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<span>A good reason for cutting meats and poultry into thin slices for sandwiches is that thin cuts are more delicate, a sandwich produced using dainty cuts is less demanding to eat and many thin cuts make a thicker sandwich than maybe a couple thick cuts of a similar aggregate weight.</span>
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3 years ago
Clemente Co. owned all of the voting common stock of Snider Co. On January 2, 2012, Clemente sold equipment to Snider for $125,0
bonufazy [111]

Answer:

$60,000

Explanation:

Sales Price $125,000

Less BV $140, 000

Loss on Sale $15,000

Equipment transferred at BV (Cost $140,000

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For 2012

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3 years ago
utilizing the models of marketing communication-- tactic used in the one-to-one model which is a more personal level of marketin
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Direct marketing tactic.

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6 0
3 years ago
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During most of the Soviet rule (and certainly after 1934), any form of experimental art was considered dissident and, therefore,
QveST [7]

The statement, "During most of the Soviet rule (and certainly after 1934), any form of experimental art was considered dissident and, therefore, could only exist as a part of underground culture" is True

Option a

<u>Explanation: </u>

All across the 1920s, the creation of Soviet Art was followed by an era of severe ideological competitiveness among artistic groups, which each tried to ensure that their views were given a priority for the determination of the shapes and instructions under which soviet art will also grow.

The increasing crisis of radical left wing artwork done this fight even more angry, In the late 1930's, several avant-garde movements that emerged in the 1910s had become tired and began depicting artifacts in real life, as they sought to return to the traditional model of drawn pictures.

6 0
3 years ago
A gift shop signs a three-month note payable. The note is signed on November 30 in the amount of $50,000 with annual interest of
aliina [53]

Answer:

the gift shop must recognize 31 days of accrued interest payable, total interest = principal x interest rate x time passed

= $50,000 x 12% x 31/365 days = $509.59

the adjusting entry should be:

December 31, accrued interest on note payable

Dr Interest expense 509.59

    Cr Interest payable 509.59

5 0
2 years ago
Read 2 more answers
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