When merchandise that was sold on account is returned, which accounts are affected? a. cash, accounts receivable, cost of goods sold, and customer refunds payable b. customer refunds payable, accounts receivable, purchases, and estimated returns inventory c. customer refunds payable, accounts receivable, merchandise inventory, and estimated returns inventory d. customer refunds payable, accounts receivable, purchases, and merchandise inventory
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Business, 21.06.2019 20:30, Juniyahodge
He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.
Answers: 2
Business, 22.06.2019 05:20, RichardKing2376
What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
Answers: 3
Business, 22.06.2019 15:40, brookekolmetz
As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
When merchandise that was sold on account is returned, which accounts are affected? a. cash, accoun...
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