1. According to past experience, 4% of the balance of trade receivables has not been recovered.

2. Credit impairment costs in accordance with the Financial Statements approach? 

And resent the cost of great damage.

5/1 Basic inventory: 60 ($10)

5/7 Purchases: 180 ($13)

5/17 Purchase: 120 ($15)

5/13 Sales: 200

3. Cost of sales in the field inventory method, first-in-first-out method 

4. Cost of sales in the field inventory method and the post-entry and forwarding method

5. Cost of sales in the field inventory method and average method (rounded up to one decimal point)

6. Cost of sales in continuous recording and first-in-first-out method

7. Cost of sales in the continuous recording method and the backward selection method

8. Cost of sales in the method of continuous recording and average method

Answer rating: 100% (QA)

1 According to past experience 4 of the balance of trade receivables has not been recovered 2 The expected credit impairment cost for trade receivable... View the full answer