With the designation of FOB Sweet Store, Tasty Candies is liable for all damages in transit until the product reaches Sweet Store.
Answer:
$740,000
Explanation:
LIFO assumes that the recent goods bought will be sold first. The Cost of Goods Sold is then calculated on the cost of the recent goods bought.
Cost of Goods Sold = 200 x $1,100 + 300 x $1,000 + 200 x $900 + 50 x $800
= $740,000
Therefore,
Cost of goods sold using the LIFO is $740,000.
Because if there is no sources or limited recourse the they can not properly provide
Answer:
The answer is A.
Explanation:
a. subtract the balance of Allowance for Doubtful Accounts from Accounts Receivable
, because
the account receivables is an asset account, so must be subtracted the allowance of doubtful receivables, which functions as a regularizing account of the asset.
Option B is not appropriate since it subtracts the expense recognized in the period and not the total forecast
.
and option C and D <em><u>add </u></em>the receivables that are considered doubtful or uncollectible, so it is not appropriate either.
Reactive is not a type of creativity in the context of types of creativity.
The phenomenon when something is seemed valuable and new is formed, it is creativity. It can be either a physical object or intangible.
Creativity can be based on either cognition and emotion, and it can also be deliberate or spontaneous.