If the inventory shows an actual count of $385 and the perpetual inventory according to the records shows $415, the adjusting entry for the $30 would:
A) debit Cost of Goods Sold; credit Inventory.
B) debit Cost of Goods Sold; credit Purchase Returns and Allowances.
C) debit Inventory; credit Cost of Goods Sold.
D) debit Inventory; credit Purchase Returns and Allowances.
A) debit Cost of Goods Sold; credit Inventory.
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If the unadjusted trial balance on the work sheet contains an amount in Cost of Goods Sold, the company is using the periodic inventory method
Indicate whether the statement is true or false
At the ________ level of listening, the listener actively tries to hear what the prospect says but does not make an effort to understand the intent.
A. active B. transitional C. intermediate D. marginal E. evaluative
Data that has been collected for some other purpose than to answer the question at hand is called ________
A) primary data B) secondary data C) mined data D) experimental data E) ethnographic data
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