« previous next »

Author Question: The amount of ending merchandise inventory appears in the Balance Sheet Debit column of the work ... (Read 74 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
on: Jul 6, 2018
The amount of ending merchandise inventory appears in the Balance Sheet Debit column of the work sheet.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

For a transaction to be classified as a special item it must be
 
  A. Unusual in nature or infrequent in occurrence but not under the control of management.
  B. Unusual in nature and infrequent in occurrence.
  C. Unusual in nature or infrequent in occurrence and under the control of management.
  D. Unusual in nature or infrequent in occurrence.


dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Cane toad merchandise Cane toad merchandise
In the communication technique of collaborating, the nurse sends the message that the nurse and pati In the communication technique of collaborating, the nurse sends the message that the nurse and pati
Typical Work Settings for Massage Therapists Typical Work Settings for Massage Therapists
It’s Easy To Look Sharp When You Haven’t Done Any Work It’s Easy To Look Sharp When You Haven’t Done Any Work
Arguments take place when partners are home from work Arguments take place when partners are home from work
Prove the following arguments using the two-column format. Prove the following arguments using the two-column format.
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library