1. Under the perpetual inventory method, a. assets increase when inventory is purchased on account. b. ignoring the effects of revenue recognition, assets decrease when inventory is sold. c. ignoring the effects of revenue recognition, equity increases when inventory is sold. d. both a and b.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.