CourseLover

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About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago, 4 Days Ago
Questions Answered: 27237
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 10 Dec 2017 My Price 10.00

to income summary at the end of the fiscal year

Which of the following accounts should be closed to income summary at the end of the fiscal year? A.) Dividends B.) merchandise Inventory C.) accumulated depreciation D.) cost of merchandise sold 15.) who is responsible for the freight cost when the terms are FOB destination? A.) the buyer B.) either the buyer or seller C.) the seller D.) the costumer 16.) Bontiful company had sales of $650,000 and cost of merchandise sold of $200,000 during the year. The total assets balance at the beginning of the year was $175,000 and at the end of the year walls 167,000. Calculate the ratio of sales to total assets. A.) 0.29 B.) 3.00 C.) 3.80 D.) 0.26

Answers

(12)
Status NEW Posted 10 Dec 2017 09:12 AM My Price 10.00

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