Answer:
c.Payment of freight costs for goods shipped to a customer
Explanation:
In the inventory account management using the perpetual system, whenever there is an event that may result in a change in the carrying value of inventory, the quantity of the change is immediately determined and adjusting entries are posted.
Examples of such events include purchase of merchandise inventory, return of merchandise inventory to the supplier, .Payment of freight costs for goods received from a supplier (this forms part of the cost of inventory).
From the options given, the only entry that will not result in an adjustment to inventory is c.Payment of freight costs for goods shipped to a customer. This will form part of the selling and distribution cost under operating expenses.
A because capitalism is FREE enterprise and public companies don’t relate to either of them
Improperly capitalizing a repair and maintenance expense item as a fixed asset will result in an <u>overstatement of profit in the current year and an understatement in future years</u>.
Fixed assets seek advice from long-term tangible assets which can be used inside the operations of an enterprise. They offer long-term monetary advantages, have a useful existence of a couple of yr, and are labeled as assets, plants, and equipment on the balance sheet.
Fixed assets, additionally called lengthy-lived assets or property, plant, and the system is a term utilized in accounting for assets and belongings that can't effortlessly be transformed into cash. Fixed assets are unique from the contemporary property, which includes coins or bank accounts because the latter are liquid property.
Fixed assets are capitalized. It really is due to the fact the advantage of the asset extends past the year of buy, not like different costs, which might be length expenses benefitting handiest the duration incurred. constant assets should be recorded at a price of the acquisition
Learn more about Fixed assets here brainly.com/question/20289326
#SPJ4
Cognitive dissonance, which is the mental discomfort between two contradictory ideas. Customers may experience cognitive dissonance when they spend a lot of money and feel regret even for a purchase that they enjoy.
Answer:
Explanation:
Let y amount be invested in bonds
Let x amount be invested in money account
Let x amount be invested in stocks
x = y + 3x
10,000 = 12/100(y+3x) + 8/100*y + 4/100*x
10,000 = 12(y+3x) + 8y + 4x / 100
10,000 * 100 = 12y+36x + 8y + 4x
2500 * 100 = 3y + 9x + 2y + x
250,000 = 5y + 10x
50,000 = y + 2x.......................(1)
x + y + z = $100,000
y + 3x + y + x = $100,000
2y + 4x = 100,000
y + 2x = 50,000.......................(ii)
y = 50,000 - 2x
x = 50,000 + x
z = z
<u>2 Options are</u>
{(x,y,x), (x2,y2,z2)}
= (50000, 50000) (60000, 30000, 10000)
