Where should the following items be shown on thebalance sheet, if shown at all? (a) allowance for doubtful accounts.(b) merchandise held on consignment.(c) advances received on sales contract.(d) cash surrender value of life insurance.(e) land.(f) merchandise out on consignment.(g) franchises.(h) accumulated depreciation of equipment.(i) materials in transit—purchased f. o.b. destination.

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.