The purchases journal of a business that uses the periodic inventory system will include a column titled​ ________. A. Merchandise Inventory DR B. Accounts Payable DR C. Purchases DR D. Cost of Goods Sold DR

Answers

Answer 1

Answer:

C. Purchases DR

Explanation:

Based on the information given the purchases journal of either a business or company which makes use of PERIODIC INVENTORY SYSTEM

will include a column that is titled PURCHASES DR reason been that PERIODIC INVENTORY SYSTEM is a type of inventory system in which inventory are be updated only on periodic basis

which simply means that their is no inventory record that are up to date when a business or a company makes use of PERIODIC INVENTORY SYSTEM.

Therefore the purchases journal of a business which makes uses of periodic inventory system will include a column titled​ PURCHASES DR


Related Questions

Marit Brunsell deposited $50,000 at Bank of America at 8% interest compound quarterly. What is the effective rate (APY) to the nearest hundredth percent?

Answers

Answer:

EAR = 8.24%

Explanation:

EAR = (1+APR/n)^n-1

Where  n is number of compounding per year = 4

EAR = (1+8%/4)^4 - 1

EAR = (1 + 0.02)^4

EAR = (1.02)^4

EAR = 1.08243216 - 1

EAR = 0.08243216

EAR = 8.24%

Let's take a look at precipitation over the course of a year in High Springs ( a small town north of Gainesville, near the Sante Fe River). (Please note that they start the year at O - October.) Which statement best describes the center for the boxplots?

Answers

Answer:

- The medians for the summer months of June, July, August, and September are higher than for the other months.

Explanation:

The statement prescribing 'the medians within the months of summer June, July, August, and September are higher in comparison for the other months' correctly describes the halfway for the boxplots. This displays that the precipitation during these months due were higher due to the high temperature and intense water cycle.

Read the sentence.

Because of the presence of many _[blank]_, California is a leader in entrepreneurship and innovation.

Which best completes the sentence?

A)court battles
B)wealthy investors
C)hardships
D)frontier people

Answers

Answer:

D) frontier people

Answer:

the correct answer is  wealthy investors

Explanation:

I got a 100% on the test and answer D was icorrect the first time I took it.

Audra recently earned her associate’s degree and is looking for a job. Her resume lists her strengths in a separate section. Some of these strengths are outlined below:

Strong math skills



Computer skills including spreadsheet programs



Attention to detail



Critical thinking skills



Background in economics





Which career is Audra best suited for?

Accountant
Data Entry
Marketing Manager
Auditing Clerk

Answers

Answer: D, Auditing Clerk.

Explanation:

             Edge 2020.

The auditing Clerk career is Audra's best suitable. Thus option A is correct.

What is a job?

Body of reporting, particularly a particular task carried out as part of one's daily duties or for a set fee. As a means of generating income and gaining access to a variety of crucial and – anti-goods, systems, and exercises, work plays.

Auditing clerks verify the correctness and proper coding of numbers, posts, and documents. They might rectify their own mistakes for little ones, such as transcribing mistakes. All the details and the things that are mentioned are related to the position of auditing Clerk.

They often alert senior staff, notably the accounting profession, in the event of significant inconsistencies. Therefore, option A is the correct option.

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what does the fox say​

Answers

Answer:nenenesnene

Explanation:

Answer:

"Ring-ding-ding-ding-dingeringeding!

Gering-ding-ding-ding-dingeringeding!

Gering-ding-ding-ding-dingeringeding!"

"Wa-pa-pa-pa-pa-pa-pow!

Wa-pa-pa-pa-pa-pa-pow!

Wa-pa-pa-pa-pa-pa-pow!"

Tiffany's Dilemma ​ Tiffany graduated from college and needed to decide where she wanted to work. She had several options. Her aunt Martha owned and operated a small business that she started about twenty years ago. Martha, an individual owner of her business, informed Tiffany that she could work for her. On one hand, Tiffany thought it would be a great opportunity to be able to work for her aunt, learn the business, and then run the business when her aunt retires. On the other hand, she also felt that she wanted something a little more challenging; a job where she could really use her education. Her other option would be to work for a company that a friend and her husband had started and jointly owned. It was a rapidly growing company with plenty of opportunity for advancement. However, Tiffany had some reservations about this choice because she was not sure she wanted to work for friends. Her last option was to work for a large retail company, headquartered in Maryland, which had s

Answers

Answer: that's a hard one lol let me try

Explanation:

one sec

Vedantika Industries produces a wide variety of beauty products. Their range of skin polishing scrubs, shampoos, face washes and acne masks, and health drinks aids in promoting natural beauty is very promising and impressive. Since they were new in the market, they decided to sell their products through wholesalers. They appointed one wholesaler in each district and promised them that they will remain the exclusive dealers in that area. After few years, during one of the general meeting Sophia , newly appointed sales manager suggested that if they sell the product directly to retailers they will be able to offer competitive prices which will increase the sales turnover and eventually the profits. Sophia was directly supporting the elimination of whole sales.Do you agree with Sophia's suggestions? Give reasons in support of your answer.

Answers

Answer:

Currently, most companies are not only trying to eliminate wholesalers, they are also trying to eliminate retailers. Every level of the supply chain increases a product's price, and online retailing is making it more difficult to charge customers higher prices just because you are a local retailer. E.g. I even bought Coke online because they offered a great promotion that included free Christmas glasses.

If Vedantika wants to survive, they will need to first eliminate wholesalers and then eventually try to eliminate retailers (or at least minimize their number). The world has changed, for more than 50 years, Sears was king of retail. Now, they are barely surviving by selling real estate. It is just a matter of time before the vast majority of brick and mortar retailers close, they are dinosaurs trying to outlive extinction. The question should be, "How fast should Vedantika eliminate intermediaries?", not if they should eliminate them.  

The key to successful online retailing is offering a low price, and the only way to do it is by selling directly to your customers. It is reasonable to expect that groceries will still be sold at supermarkets or grocery stores, but makeup and other beauty products? Companies must adapt, and that is not something new. How many typewriters are sold nowadays? Soon, we might wonder how many PCs are sold.

Which Annotation tool provides the ability to convert the mouse icon when giving a presentation to better focus the
audience attention?
Arrow
O Ink Color
O Eraser
O Laser Pointer

Answers

Answer: I think it’s laser pointer. I’m taking the test right now.

Explanation:

Answer:

It's D laser pointer

Explanation:

4. List and explain the reserve requirements for banks in 2019 for checking accounts and savings accounts.

Answers

Answer:

love the points

Explanation:

What is location analysis

Answers

Answer:

Location analysis is a technique for discovering, assessing and specifying the optimal placement of an organization's people, information, activities, and materials.Location models are key in performing location analysis by providing a well-documented common vision of current and desired location arrangements.

While it's not possible in every situation, what is the safest solution to protect yourself from chemical hazards in the work environment?
Select the best option.

Wear PPE


Use ventilation


Remove the chemical hazards


Only use the chemical hazard for limited amounts of time

Answers

Answer:

A. Wear PPE

Explanation:

The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.

According to the Occupational Safety and Health Administration (OSHA), safety precautions such as wearing a personal protective equipment e.g masks (respirators), ear plugs, safety boots, gloves, helmet, etc. are very important and essential to be used by workers while working in a hazard prone environment or industries.

Hence, while it's not possible in every situation, the safest solution to protect yourself from chemical hazards in the work environment is to wear personal protective equipment (PPE).

The best and safest way to keep away from chemical hazards in the work environment is to use PPE kits. So, the correct option is A.

PPE kits are the safest solution to stay away from chemical hazards as they are made from disposable materials. They are like single use products specially made for chemical environments.

PPE kits are definitely helpful in the safeguarding of the workers working in chemically exposed environment so as to save the workers from getting exposed to the chemicals.

PPE kits can also be helpful in treating patients during any virus outbreak or a pandemic which is fatal for the life of person in contact to such patient and can be worn by the doctors, nurses and hospital staff.

There are multiple uses of PPE kits and they are one of the most smartest way to continue working for long hours without any risks of getting exposed to hazardous substances.

Hence, the correct option is A that the safest way to protect self from chemical hazards in a work environment is by wearing PPE kits.

To know more about PPE kits, click on the link below.

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The focus on traditional financial statements is -Select- data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, corporate decision makers and security analysts need to modify accounting data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the accounting statements, even more important than net income. The equation for free cash flow is:

Answers

Answer:

The focus on traditional financial statements is ACCOUNTING data rather than cash flow.

Free cash flows = (EBIT x (1 - tax rate)] + non-cash expenses (depreciation and amortization) - capital expenditures - increases in net working capital

Explanation:

Cash is KING. A company might b extremely profitable from an accounting point of view, but if it doesn't have enough cash to keep running, it will go bankrupt. E.g. many companies increase their sales revenue by handing out long credit terms to most or all of its customers including some that may not be able to pay them back. That increases accounts receivables and net income, but until the cash is collected, this is useless. The other option that a company has is to factor their accounts receivables but factoring companies are not dumb and they will pay a very low amount for them.

Companies and stocks are always valued based on cash flows, never on accounting records. Accounting records might be deceiving, but cash never lies. Either the company has or doesn't have cash. A company's cash flow tells investors how well managed a company is.

E.g. Remember that during the Great Recession both GM and Chrysler went bankrupt and the government had to bail them out. If you looked at their accounting records of the previous year, they were both profitable, so why did they burst in just a few months? They didn't have cash. Cars and SUVs are useless unless you sell them and collect the cash. Ford didn't go bankrupt because it had billions of dollars in cash, not because they were doing great. Ford was actually the company that performed worst form an accounting point of view. But out of the 3 car companies, it was the only one properly managed. Accounting records are great for the IRS but are meaningless to an investor.

By establishing property rights, governments provide _______ for people to create new goods and services.

1.thefts
2.incentives
3.Intangible assets

Answers

Answer:

2.incentives

Explanation:

There are many local, state, and federal government incentives available at the moment which are directed towards the home buyer, especially first home buyers of new homes. 

hopefully, that helps!

1
12. The social audit is:
a. A company report that always include a net social contribution
b. A government mandated report required of all firms who have a business license
c. A company report that measures the firm's social contributions inside and outside
the firm
d. A recent development that creates a ratio to compare a firm's corporate
philanthropy to its profits

Answers

Answer: C. A company report that measures the firm's social contributions inside and outside the firm

Explanation:

Answer:

c.

Explanation:

Definition. Social auditing is a process for evaluating, reporting on, and improving an organization's performance and behavior, and for measuring its effects on society. ... The social audit may be performed routinely by internal or external consulting groups, as part of regular internal audits.

State four ways in which the post office helps traders communicate to one another.​

Answers

Answer:

The post office helps traders to keep in touch with each other quickly. The Post office also provides express delivery by local urgent mail.

Answer:

he

Explanation:

Would be much appreiacted if you could please take a look at my recent question and see fi you could be of any use:)

Tell me ten different things a person would need a credit score for? WILL MARK BRAINLIEST DUE TODAY PLEASE HELP 50 POINTS

Answers

Buying a home, renting a car, credit card, bills, pulling out a loan, Renting a home , buying a car

when is subsidy necessary in comodity supply​

Answers

Answer:

A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.

Explanation:

help plz
Which of the following would be included in the U.S. gross domestic product
(GDP) measure?
O A. The value of Apple products made in Canada
B. The value of Levi jeans made in Malaysia
C. The value of Toyota cars made in California
D. The value of Nike shoes produced in China
SUBMIT

Answers

The correct option is C. The value of Toyota cars made in California would be included in the U.S. gross domestic product (GDP) measure

Gross domestic product (GDP) is the accepted unit of measurement for the value added produced by the production of goods and services in a nation over a specific time period.

Why is GDP measured?

The term "gross domestic product," or "GDP," refers to the total monetary value, or "market value," of finished products and services produced inside a nation over a specific timeframe, usually a year or quarter. In this regard, it serves as a gauge of domestic output and a tool for assessing the state of an economy.

The quantity of all commodities and services produced is multiplied by their prices, and the resulting amount is used to calculate GDP. GDP can be calculated using either the total amount of goods and services purchased or the amount of production.

Thus, As a result, it also accounts for income generated from that output or total expenditures on finished goods and services and fewer imports.

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ill mark brainiest for the correct answer

The table shows a schedule of Evita’s payment plan for a used car.


Evita’s Payment Plan for the First Three Years

Year

Balance

Monthly Payment

End of Year

Balance

1


$356.82


2


$356.82


3


$356.82

$8,563.39


Evita paid $2,408.91 in interest. What was the selling price of the car?

A> $12,845.52

B>$17,127.07

C>$19,000.00

D>$21,408.91

Answers

Answer:

the answer is C. $19,000.00 at 25.36% interest

Explanation:

25.36 percent interest each year for 5 years

Answer:

It is actually B 14,719.80

Explanation:

In an answer of at least two well-developed paragraphs, define the terms shortage and surplus and explain how each impact the prices of goods in the marketplace.
I will make you brainliest and you'll get 25 points


Thank youuu. I know its a lot but I really need help. ​

Answers

a surplus is a market condition existing at any price where the quantity supplied is greater than the quantity demanded. a shortage is a market condition existing at any price where the quantity supplied is less than the quantity demanded. a shortage occurs when the quantity demanded is greater than the quantity supplied at current price. consumer surplus is the difference between the maximum price consumers are willing to pay for a product and the market price of the product.

forces of surplus and shortage guarantee that all other prices are temporary. each of these definitely impact the economy and the prices of goods. if there is a shortage, most likely the price is going to go up. if there is a surplus, the price most likely will go decrease

sorry if this didn't help!!!

..................................................................................................................................................................................................is ......................................................................................................................................................................... anyone here

Answers

Answer:

yuh :)

Explanation:

if you could redo any event from your life, what would it be?

Answers

Answer: being dumb don't ask why :-D

When the survey results come back employees indicated that the lighting in the building was too low. They are 50 lights in the building. It will cost $50 to replace the light. The new lights are LED lights that are brighter and more efficient and last 10 years. It can save the company $350 per year in energy cost, plus make a brighter more productive work space making employees happier. How many years will it take for the new lights to pay for themselves? (round to the nearest year)

Answers

Answer: 7 years

Explanation:

There are 50 lights and it will cost $50 to replace each light.

Total replacement cost is therefore;

= $2,500

The company gets to save $350 per year if they use LED bulbs.

= 2,500/350

= 7.14 years

= 7 years

The number of years for the new lights to pay for themselves is 7 years.

The calculation is as follows:

There are 50 lights and it will cost $50 to replace each light.

Total replacement cost is  

= $2,500

Now  

The company gets to save $350 per year if they use LED bulbs.

= 2,500 ÷ 350

= 7.14 years

= 7 years

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IS THE BRAIN REAL? BRAINLIEST FOR BEST ANSWER

Answers

Answer:

yuh

Explanation:

21  100% right

Explanation:

!!!!!PLEASE HELP I NEED TO PASS !!!!
Which of the following are meant to store money which is NOT intended for daily expenses?
O Checking accounts
O Savings accounts
O Loan accounts
O Credit accounts

Answers

Umm I’m not quite sure but it gonna have to be Loan accounts

Answer:

You put money in saving accounts and don't usually use it for daily expenses. checking accounts are for daily expenses loans are for investments and credit catds are the banks money so it has to be a savings account

Is cereal soup or no?

Answers

Answer:

no its a candy acid

Explanation:

What are the functions and duties of a commission agent?

Answers

A commission agent works for businesses of all sizes as a middleman between companies and vendors. A person in this role can work in many industries, from real estate to sales and entertainment, and in many parts of the world. A commission agent can also work for more than one business at a time.

what things should be considered while running a business?​

Answers

Answer:

-::Bussiness ii Dea

-::CusTomers

-::Competition

-::LocaTiion

-::CompeTiTiion

-::STaff

-::sTarT up CosT

CapiiTaL and Fiinance

Explanation:

-::The firsT Thiing as First-Your CusTomer.Yes,they are mosT imporTanT parT of Your entrepreneurial Life,and TheY are The Person who WiLL TeLL You WhT You need To do FoR Them.That's The basic FormuLa To Succes.

-::SuppLiiers-iidenTify PotenTiaL SuppLiiers needed To Produce The Service or Goods You WanT To SeLL.

-::After considering all the capital and expense requirement, before you start operating, make sure you have the registrations needed to legalize your business.

Identify which account would be debited and credited to record each transaction occurred at Forever Green Lawn Service. The first transaction has been completed as an example. Transactions Debit Credit Ex. Issued a check for monthly rent. Rent Expense Cash 1. Purchased supplies on account. Supplies Accounts Payable 2. Purchased new equipment, issuing a check for a down payment, with balance due in thirty days. Equipment Cash, Accounts Payable 3. Provided services on account. Accounts Receivable Fees Income 4. Purchase supplies for cash. Supplies Cash 5. Issued a check to pay a creditor on account. Accounts Payable Cash 6. Collected payment from credit customer. Cash Accounts Receivable 7. Issued checks to pay employees their monthly salaries. Salaries Expense Cash 8. Performed services for cash. Accounts Receivable Fees Income 9. Received cash for damaged supplies returned. Cash Supplies 10. Issued a check to pay the telephone bill.

Answers

Answer:

Forever Green Lawn Service

1. Purchased supplies on account.    

Supplies         Debit  

Accounts Payable   Credit

2. Purchased new equipment, issuing a check for a down payment, with balance due in thirty days.                

Equipment     Debit

Cash, Accounts Payable Credit

3. Provided services on account.      

Accounts Receivable    Debit

Fees Income    Credit

4. Purchase supplies for cash.          

Supplies          Debit

Cash     Credit

5. Issued a check to pay a creditor on account.

Accounts Payable    Debit

Cash    Credit

6. Collected payment from credit customer.

Cash   Debit

Accounts Receivable Credit

7. Issued checks to pay employees their monthly salaries.

Salaries Expense   Debit

Cash   Credit

8. Performed services for cash.

Accounts Receivable    Debit

Fees Income   Credit

9. Received cash for damaged supplies returned.

Cash    Debit

Supplies    Credit

10. Issued a check to pay the telephone bill.  

Telephone Expense  Debit

Cash   Credit

Explanation:

Every business transaction  at Forever Green Lawn Service involves two or more accounts.  One or two are debited or credited as the case may be.  The general journal is used to record transactions as they occur while the general ledger records details about each account and summarizes the balances at the end of each accounting period into the trial balance.  Accounting records are based on the double-entry system and follow the accounting equation of Assets = Liabilities + Equity.

QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire?

Answers

Answer:

21 security workers

Explanation:

Calculation for how many security workers that was hire

First step is to calculate the amount earned by each employee

Amount earned=80 hours x $14

Amount earned=$1,120

Last step is to calculate how many security workers that was hire

Using this formula

Numbers of Security hired=Security workers labor cost /Amount earned

Let plug in the formula

Numbers of Security hired=$23,520/$1,120

Numbers of Security hired=21 security workers

Therefore the numbers of Security workers that was hired will be 21

Other Questions
Compare and contrast: How is the way we celebrate Thanksgiving different from the history that we have learned. What can you conclude about prevailing winds from their name?A. They blow from west to eastB. They blow all the timeC. The air they contain is very warmD. The air they contain is very cool Volume of 120 grams divided by 480cm3 a department store credit card advertises no payments for 2 years on purchases what they do not advertise is the interest is compounded continuously for those two years at an annual rate of 19.7 %if you make a purchase for 550 and make no payments for 2 years how much would you owe at the end of those two years The population of a certain town is growing at a constant rate. Suppose the population is 1900 initially, and after 4 years the population is 2212. Which of these expresses the rate at which the population is increasing? How do you name the median of this triangle? QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire? is 12x+6y=18 parallel or perpendicular to 9x-3y=4 Two girls, Sienna and Lexi, are walking laps on a path that goes around the pond at a local park. They start at the same place on the path, and at the same time. They plan tocontinue to walk laps until they are both at the starting point at the same time. Sienna can complete a lap around the pond every 4 minutes. Lexi can complete a lap every 6minutes.If both Sienna and Lexi keep walking at these rates, they will first be at the starting point at the same time afterminutes.When they meet at the starting point, Sienna will have completedB laps around the pond, and Lexi will have completedlaps. Is this a complete sentence? If so. Add its correct punctuationImagine what could happen in the future ^IWould help a lot :D Tick the correct "Kinds of Clauses", if it is a 'Independent Clause' tick ' I C ' and if it is a 'Dependent Clause' tick 'D C'. 1. If you give me a reason. I C D C 2. After months of research. * I C D C 3. I enjoy ice cream. * I C D C 4. John hit the base ball. * I C D C What is the removal of water by the joining of monomers called 1) If a bottle of olive oil contains 1.3 kg of olive oil, what is the volume, in milliliters, of the olive oil? Express your answer to two significant figures and include the appropriate units. 2) A cannon ball made of iron has a volume of 116 cm^3. What is the mass, in kilograms, of the cannon ball? Express your answer to three significant figures and include the appropriate units. 3) A balloon filled with helium has a volume of 6.1 L. What is the mass, in grams, of helium in the balloon? Express your answer to two significant figures and include the appropriate units. How many nitrogen atoms are there in 5 molecules of N,H? Hint: The symbol for nitrogen is N. I NEED HELP ASAP is this right? only answer if ur positive pls! Explain who was given the right to vote and who was not u set the progressive acts placed in the Oklahoma constitution. Also include any provisions that helps to exclude populationPlease help ASAP Anybody help me! Ill mark you brainly There are approximately 7.5 x 10^18 grains of sand on earth. There are approximately 7x10^27 atoms in and average human body. Are there more grains of sand on earth or atoms in a human body? If an element has an atomic number of 12 how many protons does each atom have? What is the impact of traditional dances in the Philippine culture and how can we enrich such dances?