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KIM [24]
2 years ago
14

a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?

Business
1 answer:
ella [17]2 years ago
5 0
Debited to the inventory account.


Hope this helps!
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If the price level is fixed and autonomous expenditures rise by $40, then the multiplier model would predict that the aggregate
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Explanation:

If the price level is fixed and autonomous expenditures rise by $40, then the multiplier model would predict that the aggregate demand curve would:

SHIFT OUT BY MORE THAN $40 IF THE MPE IS BETWEEN 0 AND 1

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Juli2301 [7.4K]

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The total sum that your company spent on expenses directly associated with the selling of goods is known as the cost of goods sold. Depending on the nature of your firm, this could also include raw materials, packaging, direct labor involved in making or selling the product, and items bought for resale.

First In First Out (FIFO), Last In First Out (LIFO), and the Average Cost Method are the three techniques that a business might employ when tracking the amount of inventory sold over a given time period.

Learn more about cost of goods sold here

brainly.com/question/17205761

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5 0
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