Author Question: The main advantage of a two-column account is that it maintains a running balance. a. True b. ... (Read 53 times)

evelyn o bentley · **on:** Jul 5, 2018

The main advantage of a two-column account is that it maintains a running balance.
a. True
b. False
Indicate whether the statement is true or false

Question 2

How many mattresses need to be produced in January 2016?

Furniture, Inc., estimates the following number of mattress sales for the first four months of 2016:

Month Sales
January 22,000
February 30,800
March 28,600
April 35,200

Finished goods inventory at the end of December is 6,600 units. Target ending finished goods inventory is 20 of the next month's sales.

A) 15,400 mattresses
B) 21,560 mattresses
C) 28,460 mattresses
D) 34,160 mattresses