Tamara is a managerial accountant at everything new. everything new manufactures furniture. tamara purchased leather to be used on some of the furniture. into which inventory account should she record the purchase?
a. finished goods inventory
b. raw materials
c. merchandise inventory
d. goods-in-process
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What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
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On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.âs 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
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Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
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Tamara is a managerial accountant at everything new. everything new manufactures furniture. tamara p...
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