If a customer happens to pass the account must be shut down. Nothing can be done until found appropriate by someone showing proper documents which would then transfer the account into the name of an executor. The documents can be a death certificate, the will, or inheritance tax waivers
Answer:
b. the offeror.
Explanation:
The offeror is the person who offers something while the offeree is the person who accept the offer provided by the offeror
Now in the case of acceptance, the proper mode of offer up and the till the offer would be accepted is created by the offeror as without offering the offer could not accepted
Therefore as per the given situation, the option b is correct
Answer: Option (D). Cost of Good Sold
Explanation: Cost of goods sold is the carrying value of goods sold during a particular period of time. Furthermore, Cost of goods sold refers to the cost of acquiring or manufacturing the products that a company sells during a particular period of time and Costs of goods can include material, labor, and allocated overhead.
Cost of Goods Sold accounts would be closed at the end of the year using the perpetual inventory system.
