« previous next »

Author Question: When merchandise sold is assumed to be in the order in which the purchases were made, the company is ... (Read 65 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Jul 5, 2018
When merchandise sold is assumed to be in the order in which the purchases were made, the company is using
 a. first-in, last-out
  b. last-in, first-out
  c. first-in, first-out
  d. average cost

Question 2

Which of the following assets will NOT be depreciated?
 
  A) inventory
  B) buildings
  C) equipment
  D) computer


sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

A phage cross made by doubly infecting the host cell with parental phages A phage cross made by doubly infecting the host cell with parental phages
In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ... In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ...
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
1.6 Organisms are made up of cells, each of which contains an identical set of genes. 1.6 Organisms are made up of cells, each of which contains an identical set of genes.
Test of Yanofsky’s Proposed trp Operon Gene Order Test of Yanofsky’s Proposed trp Operon Gene Order
Video: Hormonal feedback loop components & Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library