Entries by davie

Leaves have air spaces to allow for carbon dioxide and oxygen

October 10, 2020 in /by

Leaves have air spaces to allow for carbon dioxide and oxygen to move into and out of cells for photosynthesis, which causes water to evaporate and creates greater tension on the mesophyll cells. How do xylem vessels and tracheids prevent collapse in these conditions? – A. photosynthesis is reversed at times to bring together oxygen […]

A firm that sells a single product had a beginning inventory of 4,000 units with a total cost of $16,000 Early in the year, 8,000 units were purchased at $6 each. Using LIFO, what is the value of the ending inventory of 2,000 units? A. $24,000 B. $10,000 C. $12,000 D. $8,000

October 10, 2020 in /by

A firm that sells a single product had a beginning inventory of 4,000 units with a total cost of $16,000 Early in the year, 8,000 units were purchased at $6 each. Using LIFO, what is the value of the ending inventory of 2,000 units? A. $24,000 B. $10,000 C. $12,000 D. $8,000

A firm that sells a single product had a beginning inventory of 4,000 units with a total cost of $28,000. Early in the year, 10,000 units were purchased at $9 each. Using FIFO, what is the value of the ending inventory of 3,000 units? A. $24,000 B. $36,000 C. $27,000 D. $21,000

October 10, 2020 in /by

A firm that sells a single product had a beginning inventory of 4,000 units with a total cost of $28,000. Early in the year, 10,000 units were purchased at $9 each. Using FIFO, what is the value of the ending inventory of 3,000 units? A. $24,000 B. $36,000 C. $27,000 D. $21,000

You are designing a museum exhibit to teach people about cells.

October 10, 2020 in /by

You are designing a museum exhibit to teach people about cells. In the entrance to the exhibit, visitors riding a moving walkway under flashing lights will gradually “shrink” down in size. To create the illusion, visitors will pass giant models of various biological parts, accompanied by scale bars. Match each model to the appropriate scale […]

The entry to record a purchase of merchandise on credit using a perpetual inventory system Includes A. a credit to Merchandise Inventory and a debit to Accounts Payable. B. a debit to Purchases (COGS) and a credit to Accounts Payable. C. a debit to Accounts Payable and a credit to Purchases. D. a debit to Merchandise Inventory and a credit to Accounts Payable.

October 10, 2020 in /by

The entry to record a purchase of merchandise on credit using a perpetual inventory system Includes A. a credit to Merchandise Inventory and a debit to Accounts Payable. B. a debit to Purchases (COGS) and a credit to Accounts Payable. C. a debit to Accounts Payable and a credit to Purchases. D. a debit to […]

A firm appropriately wrote a check for $78 but entered the amount as payment of $87. On a bank reconciliation statement this error would be shown as A. deduction of $9 from the book balance. B. a deduction of $9 from the bank statement balance. C. an addition of $9 to the book balance. D. an addition of $9 to the bank statement balance.

October 10, 2020 in /by

A firm appropriately wrote a check for $78 but entered the amount as payment of $87. On a bank reconciliation statement this error would be shown as A. deduction of $9 from the book balance. B. a deduction of $9 from the bank statement balance. C. an addition of $9 to the book balance. D. […]

To arrive at an accurate balance on a bank reconciliation statement, outstanding checks should be A. deducted from the book balance. B. added to the book balance. C. added to the bank statement balance. D. deducted from the bank statement balance.

October 10, 2020 in /by

To arrive at an accurate balance on a bank reconciliation statement, outstanding checks should be A. deducted from the book balance. B. added to the book balance. C. added to the bank statement balance. D. deducted from the bank statement balance.