The basic business model shows:
financing is used to generate revenue that is invested in assets that
produce net income.
financing is used to invest in assets that generate revenues that
produce net income.
revenue is produced from net income that is invested in assets to repay
financing.
assets are used to generate financing that produces revenue and net
income.
W*****Y 发帖数: 433
2
外行再请教个问题：
Which of the following statements regarding the recording of merchandising
journal entries is true?
A periodic inventory system does not track the cost of goods sold during
the accounting period.
Merchandise inventory for sale is recorded in the same account as
supplies for internal use.
A perpetual inventory system does not track the change in the inventory
account as a result of a sale.
Inventory sales are recorded by entries made to the gross profit account.
包子感谢，呵呵
repay
【在 W*****Y 的大作中提到】 : The basic business model shows: : financing is used to generate revenue that is invested in assets that : produce net income. : financing is used to invest in assets that generate revenues that : produce net income. : revenue is produced from net income that is invested in assets to repay : financing. : assets are used to generate financing that produces revenue and net : income.
