Explain the perpetual inventory system
When a credit customer returns merchandise to the seller, under a perpetual inventory system, the seller would debit Sales Returns and Allowances and credit Accounts Receivable and also debit Merchandise Inventory and credit Cost of Goods Sold.
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I want you to wriet a literature review about Tobacco Use Among Children and Teenagers.
Under a periodic inventory system, purchases, purchases returns and allowances, purchase discounts, and transportation in transactions are recorded in separate temporary accounts?
Howard Company stock has a beta 1.69 and a required rate return of 13.4%. According to CAPM, determine the return on the market portfolio.
31 The petty cash fund has $29 in cash and $284 in petty cash tickets that were issued to pay for Office supplies ($104) and Entertainment expense ($180). Replenished the fund with $271 of cash and recorded the expense.
Doughboy Bakery would like to buy a new machine for putting icing and other toppings on pastries. These are now put on by hand. The machine that the bakery is considering costs $93,000 new.
What would be the price if comparable debt yields 8% and the bond matures after five years? What are the current yields and the yields to maturity in a and b?
Feeling anxious is a reflective emotion which has its evolutionary benefits. Can you give examples to illustrate when anxiety is normal or beneficial and when it is abnormal or unhelpful?
Do you agree with the "Efficiency Expert" that, in order to make peanut operation profitable, the operating costs in the restaurant should be decreased and selling price of the peanuts should be increased? Give reasons.
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