subject
Business, 05.07.2019 13:00 jason8093

Sylvia records the purchases of inventory in the current accounting period even though she will actually pay for the inventory in the next accounting period. which accounting principle does she comply with? a)business entity concept b)cash based accounting principle c)accrual basis of accounting d)going concern concept

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:20
The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?
Answers: 3
question
Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
question
Business, 22.06.2019 17:30
Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $
Answers: 2
You know the right answer?
Sylvia records the purchases of inventory in the current accounting period even though she will actu...
Questions
question
Mathematics, 07.01.2021 18:50
question
Mathematics, 07.01.2021 18:50
question
Mathematics, 07.01.2021 18:50
question
English, 07.01.2021 18:50
question
Mathematics, 07.01.2021 18:50
question
History, 07.01.2021 18:50
Questions on the website: 13722367