As the accounting consultant for Wood Company, a merchandising company, you have been asked to assist management in determining the proper accounting for items related to merchandise inventory.
Required:

For each of the following four items, determine whether or not each would be included in the cost of ending merchandise inventory.

Included or not incuded?

1. Sales commissions

2. Cost of taking physical inventory

3. Cost of goods in transit, purchased, terms: FOB Shipping Point

4. Sales Discounts

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

answer; institution based;