Define an adjusting journal entry. Multiple choice question. An adjusting journal entry is made at the end of an accounting period to reflect a transaction or event that is not yet recorded. An adjusting journal entry is made at the end of an accounting cycle to update the fair market value of land, equipment and building accounts. An adjusting journal entry is made at the beginning of an accounting period to reflect a transaction or event that is not yet recorded. An adjusting journal entry is made to Cash and cash equivalent accounts to recognize outstanding checks.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?