1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksano4ka [1.4K]
2 years ago
8

The journal entry for the purchase of inventory on account using the perpetual inventory system is:.

Business
1 answer:
Solnce55 [7]2 years ago
7 0

The journal entry for the inventory purchased will be to record the sale and another one to record the cost of the sale.

<h3>What is a journal entry?</h3>

It should be noted that a journal entry is used to record the financial activities of a company.

In this case, the journal entry for the purchase of inventory on account using the perpetual inventory system is to record the sale and another one to record the cost of the good.

Learn more about inventory on:

brainly.com/question/24868116

You might be interested in
City residents were recently surveyed about issues of importance in their neighborhoods. Most agreed that crime was a big concer
Feliz [49]
<span>
Having more police around would decrease the crime rates because the criminals would either be scared of getting caught or would attempt and get caught.
--------------------------------------------------------------------------------------------------

Therefore, your answer would be
--------------------------------------------------------------------------------------------------
</span><span>
D. City residents will support mayoral candidates who propose increasing the size of the police force.</span><span>
--------------------------------------------------------------------------------------------------

Hopefully, that helped!
</span>


8 0
3 years ago
Read 2 more answers
Justice Enterprises is evaluating the purchase of a new computer net system would cost $24,000 and have a useful life of Syears.
Sergeeva-Olga [200]

Answer:

closest to: B) $7777

Explanation:

NPV ( net presetn value) cashflow - investment

<u>cost savings present value (ordinary annuity):</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C   $8,500

time         5 years

rate  0.12

8500 \times \frac{1-(1+0.12)^{-5} }{0.12} = PV\\  

PV $30,640.5977  

salvage value present value:

\frac{salvage}{(1 + rate)^{time} } = PV  

Salvage  $2,000  

time   5

rate  0.12

\frac{2000}{(1 + 0.12)^{5} } = PV  

PV   1,134.85  

NPV: 30,640.60 + 1,134.85  - 24,000 = 7,775.45

4 0
3 years ago
Fall protection, confined space entry procedures, controlled noise levels, and protection from chemical hazards are some of the
Kruka [31]

The answer is: A.Healthful

A workplace would be categorized as 'healthful'  if it is designed to ensure the health and wellness of the people that work on the site.  

In united states, all of the safety requirement in the workplace is being overlooked by an organization called Occupational Safety and Health Administration. They create list of requirements that must be followed by employers and conduct daily investigation to ensure that all workplaces that operate maintain a healthful standard.

4 0
3 years ago
Read 2 more answers
How can you estimate the total sales volume you can expect in your location?
kirill115 [55]

How can you estimate the total sales volume you can expect in your location? You can forecast your sales by figuring out your market. Depending on your market you can estimate how mant people are likely to purchase your product and how often. By using market trends and product testing it allows for a forecast of total sales over time and can let a business know how much to produce so that they are meeting demand.

4 0
3 years ago
Hunt Advertising is collaborating on an initiative with the Odessa Arts Council, a nonprofit organization, by providing public-r
natita [175]

Incomplete question. The options:

a.  green marketing

b.  effect-related marketing

c.  cause-related marketing

d. relationship marketing

Answer:

<u>c.  cause-related marketing</u>

Explanation:

Note, a marketing effort that is centered primarily on making an impact or a said cause; usually, it involves a mutually benefiting agreement, in which a corporation would collaborate with a non-profit such that

  1. the corporation benefits (maybe in terms of sales), and
  2. the non-profit benefits in terms of fulfilling a cause.

The idea is that consumers would be drawn if they see that when they pay for a particular service or product, they will be contributing to a good cause.

6 0
3 years ago
Other questions:
  • Which is true of someone with a low credit score? I. They probably make on time payments. II. They may not be able to rent the a
    9·1 answer
  • The attempt to create and defend markets that satisfy the needs of consumers and business customers is the basic thrust of:
    10·1 answer
  • Is stuedent loan debt funded by us government?
    13·1 answer
  • Mortgages, loans taken to purchase a property, involve regular payments at fixed intervals and are treated as reverse annuities.
    14·1 answer
  • What makes government contracts unique?
    14·2 answers
  • Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th
    14·1 answer
  • Sharon knew that her established customers liked her product much better than the competitors. She was planning to expand into n
    9·2 answers
  • Firms use cost data to make decisions about how many units to produce based on their – costs. Increasing production may not alwa
    14·1 answer
  • The fed’s efforts to manage interest rates and thus the availability of credit is known as:__________
    10·1 answer
  • serena invents a new, unique, long-life battery. a grant from the government that gives serena the exclusive right to make and s
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!