Question: 9) Please solve all the questions, and please write the question number before answering, I just want the answer code please help.I will not forget




Question 41 Not yet answered Marked out of 1 P Flag question In which journal adjusting entries are entered? a. Purchase journal. b. Cash payment journal O c. General Journal O d. Cash receipt journal Question 42 Not yet answered Marked out of 1 Flag question Which journal will get recorded only credit sales? a. Cash disbursement journal. b. Purchases journal c. Sales journal O d. Cash receipt journal Question 43 Not yet answered Marked out of 1 P Flag question Which inventory cost appears in a balance sheet as an inventory asset under LIFO method? O a. None of these b. Market Value O c. The oldest cost d. The most recent cost Question 44 Not yet answered Marked out of 1 P Flag question Which methods of inventory is used when high prices of inventory? a. FIFO method b. Specific purchases Method O c. Weighted average Method O d. LIFO Method Question 45 Not yet answered Marked out of 1 P Flag question The advantage of FIFO inventory method is? O a. It is easy to apply O b. It provides the most precise matching of costs and revenues O c. It leads to a better matches of costs and revenues O d. It recognizes paper profits
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