When production is completed on a job, finished goods are transferred to the ????????????????????????????????????????????? account


Finished Goods Inventory

Business

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Members of successful partnerships actively work to create win-lose relationships by making commitments to the relationship.

Answer the following statement true (T) or false (F)

Business

Jack holds an ownership interest of 63% and Teresa holds an ownership interest of 37% in the J and T Partnership. This year, in order to further develop the business, Jack contributes an additional $6800 and Teresa contributes an additional $3200 to the partnership. Which of the following is TRUE of this scenario?

A) Either the total contribution of $10,000 or the contribution in relationship to the ownership interest ratio will be recorded. B) Only the total contribution of $10,000 will be recorded. C) Individual contributions of $6800 by Jack and $3200 by Teresa will be recorded. D) 63% of Jack's contribution and 37% of Teresa's contribution will be recorded.

Business

U.S. GAAP and IFRS do not require firms to disclose the fair value of long-term notes and bonds in notes to the financial statements

Indicate whether the statement is true or false

Business

Explain a metacommunication and kinesic communication. What are the characteristics of nonverbal messages?

Business