Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $89,000. Purchases of inventory on account during the year totaled $314,000. Inventory costing $339,000 was sold on account for $528,000. Required:
Record transactions for the purchase and sale of inventory.

marketing strategies should be established before marketing objectives are decided. t/f

In order to minimize project risk which step comes after the step of identifying risks

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}