Answer:
In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.
Answer:
9.11
xplanation:㏒
The coinsurance amount is 9.11.
Birthday of the dependent child is 1939-1945.
Date to play a claim is 1914-1918
Primary and secondary policy holders is 7/11.
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Answer:
Office Equipment (Debit) 96,000
Accounts Payable (Credit) 96,000
Explanation:
Buffalo Corporation should have made the above stated entry. As the equipment is supposed to start depreciation from the date of purchase (when the asset is available for use as intended by management). Since the corporation intended to take the discount by paying early within the number of days allowed so upon payment the following entry should be made.
Accounts Payable (Debit) 96,000
Purchase Discount Income (Credit) 9,600
Cash (Credit) 86,400
