Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer all the questions immediately the n

PLEASE ANSWER ALL THE QUESTIONS IMMEDIATELY The net earnings an employee or worker will...

90.2K

Verified Solution

Question

Accounting

image

imageimage

PLEASE ANSWER ALL THE QUESTIONS IMMEDIATELY

The net earnings an employee or worker will actually receive. * (1 Point) Take home pay Payroll Union Dues O SSS 5 A merchandiser will earn an operating income of exactly zero when * (1 Point) O Net sales equals cost of goods sold O Cost of goods sold equals gross margin O Operating expenses equals net sales O Gross margin equals operating expenses Under the perpetual Inventory system, in addition to journalizing the sales transaction, a business would record an entry that will update the inventory balance, this entry includes (1 Point) O Debit to Merchandise inventory Credit to Merchandise inventory Debit to income summary O Credit to cost of goods sold A trial balance may prove that debits and credits are equal, but * (1 Point) an amount could be entered in the wrong account. a transaction could have been entered twice. a transaction could have been omitted. all of these

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students