9.Identify the true statement. a. Transportation-out is a product cost. b. Sales allowances increase net income. c. A purchase discount decreases the book value of inventory under the perpetual inventory method. d. FOB shipping point designates the seller as the party responsible for freight costs.
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Business, 22.06.2019 08:30
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Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na
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Business, 22.06.2019 22:40
Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.
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Business, 22.06.2019 23:20
Suppose you manage an upscale restaurant in new york city. would involve writing employee schedules and a list of things to do for the chef and other kitchen staff
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9.Identify the true statement. a. Transportation-out is a product cost. b. Sales allowances increase...
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