« previous next »

Author Question: Inventory shortages are debited to a. Merchandise Inventory b. Cost of Goods Sold c. Inventory ... (Read 316 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Jul 6, 2018
Inventory shortages are debited to
 a. Merchandise Inventory
   b. Cost of Goods Sold
   c. Inventory Short/Over
   d. Sales

Question 2

The city's Capital Projects Fund had an excess of expenditures over revenues for the current year. Which of the following explanations for the excess is plausible?
 
  a. The city financed a substantial portion of the project in the previous year.
  b. The city financed a significant portion of the project by issuing long-term bonds during the year
  c. The city financed a significant portion of the project from property taxes transferred from the General Fund.
  d. All of the above are plausible explanations


Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Styles of Coping and Examples from the Brief COPE Inventory Styles of Coping and Examples from the Brief COPE Inventory
Typical Startup Cost Categories Typical Startup Cost Categories
Cost Accounting 14 Cost Accounting 14
question in cost accounting question in cost accounting
Tickets for the school play were $3 for students and $5 for all others. The box office sold 750 ... Tickets for the school play were $3 for students and $5 for all others. The box office sold 750 ...
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library