Services at a reverse logistics facility might include all of the following EXCEPT this:
a. Sorting
b. Repairing
c. Recycling
d. Composting
d. Composting
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Identify all the infinitives in the following sentence: Edwin wanted to take his new girlfriend to see the movie at the local theater
What will be an ideal response?
In the current year, Borden Corporation had sales of $2,120,000 and cost of goods sold of $1,260,000. Borden expects returns in the following year to equal 5% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $18,000, and the unadjusted balance in Sales Refund Payable is a credit of $22,000. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales returns and allowances | 84,000? | |
| Sales | 84,000? | |
| Cost of Goods Sold | 45,000? | |
| Inventory Returns Estimated | 45,000? |
B.
| Sales Refund Payable | 84,000? | |
| Accounts receivable | 84,000? |
C.
| Accounts Receivable | 2,120,000? | |
| Sales | 2,120,000? |
D.
| Sales Returns and Allowances | 84,000? | |
| Sales Refund Payable | 84,000? | |
| Inventory Returns Estimated | 45,000? | |
| Cost of goods sold | 45,000? |
E.
| Sales | 2,120,000? | |
| Sales Refund Payable | 106,000? | |
| Accounts receivable | 2,014,000? |
After dissolution, the corporation must cease carrying on its business except as is necessary to wind up
a. True b. False Indicate whether the statement is true or false
10. ______ are assets converted into cash within a year.
a. Cash flow assets b. Current assets c. Intangible assets d. Deferred assets