This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following items would not affect the cost of merchandise inventory acquired during the ... (Read 80 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jul 5, 2018
Which of the following items would not affect the cost of merchandise inventory acquired during the period?
 a. quantity discounts
  b. sales discounts
  c. freight-in
  d. sales commissions

Question 2

The three basic elements of the balance sheet are ________.
 
  A) operating activities, investing activities, and financing activities.
  B) assets, liabilities, and shareholders' equity
  C) revenues, expenses, and net income or loss
  D) retained earnings, net income, and dividends


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

B


KWilfred

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jul 5, 2018
Thank you


makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Inventory of the Universe Inventory of the Universe
The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag
A child in an orphanage in Juba, Sudan. The treatment of this child is likely to affect his ability ... A child in an orphanage in Juba, Sudan. The treatment of this child is likely to affect his ability ...
A software inventory log. A software inventory log.
Typical Startup Cost Categories Typical Startup Cost Categories
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Peptide Bond Formation Animation

For a complete list of videos, visit our video library