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3 years ago

Difference between perpetual and periodic inventory system

Business

1 answer:

likoan [24]3 years ago

5 0

Answer:

In a perpetual inventory system, the cost of goods is recorded at the time of sale. With a periodic inventory system, it's updated periodically.

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Ula purchased stock in Purple, Inc., six years ago for $150,000. Purple has assets with a value of $225,000 ($175,000 basis) and

elena55 [62]

Answer:

$15,000 gain

Explanation:

Assets with a value of $225,000

Remaining asset (cash) to Ula ($25,000)

Purple liabilities ($60,000)

Balance $140,000

Balance Brought forward $140,000

Remaining asset (cash) to Ula $25,000

Ula purchased stock ($150,000)

Balance $15,000 gain

$225,000-$25,000-$60,000=$140,000+$25,000-$150,000=$15,000 gain

Therefore we have $15,000 gain.

3 0

3 years ago

A software company conducted a study about stress in the workplace for it administrators. which questions result in data that is

Luba_88 [7]

The questions which would result in data that is categorical are:

Is your job as an IT administrator stressful?
What is your biggest source of stress?
How has your job impacted your personal life?
Have you ever considered switching careers because of on-the-job stress?

<h3>What is a numerical data?</h3>

A numerical data is also referred to as a quantitative data and it can be defined as a data set that is primarily expressed in numbers only. This ultimately implies that, a numerical data refers to a data set consisting of numbers rather than words.

<h3>What is a categorical data?</h3>

A categorical data can be defined as a type of statistical data that is used to group information that are having the same attributes or characteristics.

In Science, some examples of a categorical data include the following:

Age
Gender
Race
Religion
Class

In conclusion we can infer and logically deduce that the questions above would result in data that is categorical.

Read more on categorical data here: brainly.com/question/20038845

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7 0

2 years ago

Bay City uses the purchases method to account for supplies. At the beginning of the year the City had no supplies on hand. Durin

Rasek [7]

Answer:

Supplies Expenditure $600,000

Supplies Inventory $200,000

Explanation:

Calculation for the appropriate account balances related to supplies expenditures and supplies inventory :

Supplies Expenditure will be $600,000 because during the year purchased of $600,000 supplies were made.

Therefore Supplies Expenditure will be $600,000

Supplies Inventory will be:

Purchased supplies $600,000

Less used supplies $400,000

Balance =$200,000

Therefore Supplies Inventory will be $200,000

6 0

3 years ago

List the reasons for the near collapse of government finances in france.

DochEvi [55]

Answer:

the future of our games are based on the

Explanation:

wgvsgshshhs you have any questions or concerns you yyyay you have any questions or concerns please visit the plug-in settings please log in to resume watching tv you are not the intended recipient you are not the intended recipient you are not the intended recipient you are not the intended recipient you are not the intended recipient you are not the intended recipient you are notikaussjshshshshgsgsggggggagsggggßdfçghgffcvvvbhhhbbhjjnnnbvczqertuopqwerttyuuiioppojjfdaasfghjklbuhhvbnnmmnvccffff you have any questions or concerns

4 0

3 years ago

An independent movie producer with a modest but loyal fan base is short of funds for her next movie. Knowing that a bank loan is

Tresset [83]

Answer:

Crowd funding is a strategy to raise small money from a large number of people. This is mainly suitable when large funding is required for a project.

Explanation:

The filmmaker is planning to make a short web series which will be available online for the viewers. The producers might hesitate to finance such small short movie as they will be unsure whether the movie will be able to make money. There can be crowd funding option considered for raising finance for the movie. These small creators and new filmmakers should be supported as they can have better ideas than the rich filmmakers. Crowd funding will be able to raise money and people will pay for the content they want to watch. The movie will create curiosity in the audience before its release and there are high chances that this small content can be a big hit.

3 0

3 years ago