If a previously unrecorded expense is recorded when it is paid with cash recording the the transaction will

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

What is the purpose of the us international trade association?