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Author Question: The _______ method of inventory generally results in the matching of current costs with current ... (Read 115 times)

mikaylakyoung

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on: Jul 6, 2018
The _______ method of inventory generally results in the matching of current costs with current revenues and therefore produces higher-quality earnings.
 
  Fill in the blanks with correct word

Question 2

Accompanying the bank statement is a debit memorandum for an NSF check for 120 . This item would be included on the bank reconciliation as a(n)
 a. addition to the bank statement balance.
   b. deduction from the bank statement balance.
   c. addition to the ledger balance of cash.
   d. deduction from the ledger balance of cash.
   e. addition to a revenue account.


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kristenb95

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Reply #1 on: Jul 6, 2018
Answer to Question 1

LIFO

Answer to Question 2

d


mikaylakyoung

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Reply #2 on: Jul 6, 2018
Thank you


kristenb95

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Reply #3 on: Jul 6, 2018
No problemo


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