q(34 +38)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer. 34Beginning inventory plus the cost of goods purchased equalsO a. Cost of goods soldO b. Cost of goods available for saleO c. Net purchasesO d. Total goods purchased38The accounting principle that requires assets to be recorded at acquisition cost is called:O a. Historical costO b. Going-ConcernO c. Full disclosureO d. Matching

34. Beginning inventory + Cost of goods sold = Cost of goods available for sale Cost of goods sold =…

Beginning inventory plus the cost of goods purchased equals O a. Cost of goods sold O b. Cost of goods available for sale O . Net purchases O d. Total goods purchased The accounting principle that requires assets to be recorded at acquisition cost is called: O a. Historical cost O b. Going-Concern O. Full disclosure O d. Matching

Beginning inventory plus the cost of goods purchased equals O a. Cost of goods sold O b. Cost of goods available for sale O . Net purchases O d. Total goods purchased The accounting principle that requires assets to be recorded at acquisition cost is called: O a. Historical cost O b. Going-Concern O. Full disclosure O d. Matching

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter5: Accounting For Retail Businesses

Section: Chapter Questions

Problem 40E: Identify items missing in determining cost of goods sold For (a) through (e), identify the items...

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