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Inventory costing methods place primary reliance on assumptions about the flow of (Points : 1) good. costs. resale prices. values.
Inventory costing methods place primary reliance on assumptions about the flow of COSTS.
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Asked 11/16/2015 1:01:49 PM
Updated 12/14/2017 10:06:33 PM
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Inventory costing methods place primary reliance on assumptions about the flow of COSTS.

Added 12/14/2017 10:06:33 PM
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Questions asked by the same visitor
A company that receives money in advance of performing a service debits cash and credits prepaid fees. debits unearned fees and credits accounts payable. debits cash and credits unearned fees. debits cash and credits accounts receivable.
Question
Updated 11/9/2015 11:14:42 PM
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A company that receives money in advance of performing a service debits cash and credits unearned fees.
Added 11/9/2015 11:14:42 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/10/2015 12:47:24 AM]
Sales revenues are usually considered earned when (Points : 1) cash is received from credit sales. an order is received. goods have been transferred from the seller to the buyer. adjusting entries are made.
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Not Answered
Updated 9/18/2018 3:54:13 AM
1 Answer/Comment
Sales revenues are usually considered earned when goods have been transferred from the seller to the buyer.
Added 9/18/2018 3:20:40 AM
This answer has been confirmed as correct and helpful.
Confirmed by matahari [9/18/2018 3:54:07 AM]
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