Will should be able to claim all of these deductions.
The current or checking account typically has very high liquidity, low or no interest, and low minimum balance. The current or checking account usually used for the daily transaction and they have a similar trait like the e-cash<span>. The current or checking account is one of three types of the bank deposit account.</span>
Answer:
b.$77
Explanation:
beginning inventory 5 units
purchase september 4th 8 untis
sale for 6 units:
<u>inventory after first sale: (available at second sale)</u>
beginning used.
purchase september 4th 7 untis at $6
September 25th Sale of 12 units
<u>inventory used for second sale:</u>
September 4th 7 untis at $6
September 15th 5 units at $7
total COGS for the sale: $77
Answer:
c. Cost of goods sold is recorded with each sale.
Explanation:
In the perpetual inventory system, the inventory is recorded. It helps to keep the inventory records during the particular period.
The examples are purchase, purchase return, sales and sales return and sales discounts and purchase discounts
After each transaction, the inventory and the costs of goods sold are updated after each sale
Answer:
C
Explanation:
An investment can be financed using debt. Investment isn't only financed by retained earnings.
There are a different array of investments available to a firm. The firm would have to choose investments based on its objectives and the most profitable investment based on its NPV, IRR, payback period or profitability index.
There is usually uncertainty about the stream of cash flows from an investment.
