subject
Business, 11.11.2021 07:20 kayleerose414

At the beginning of the year, SnapIt had $12,000 of inventory. During the year, SnapIt purchased $39,000 of merchandise and sold $33,000 of merchandise. A physical count of inventory at year-end shows $13,000 of inventory exists. Prepare the entry to record inventory shrinkage.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
Asavings account that pays interest every 3 months is said to have a interest period
Answers: 1
question
Business, 22.06.2019 00:30
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
question
Business, 22.06.2019 10:20
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
question
Business, 22.06.2019 19:10
According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills
Answers: 3
You know the right answer?
At the beginning of the year, SnapIt had $12,000 of inventory. During the year, SnapIt purchased $39...
Questions
question
History, 06.07.2019 14:40
Questions on the website: 13722363