Calculate the Debit and Credit for the Goods Issue Step

question 49

Multiple Choice

Calculate the debit and credit for the goods issue step in the fulfillment process,based on the following data.Note: You need to pick the right price for this calculation.) Materials sold trading goods) : Printers
Quantities sold: 100
Price for customer: $120.00
Current average moving price: $85.00
Price from vendor: $84.00
Average price 30 days before customer order was placed: $86.00

• A)$12,000
• B)$8,500
• C)$8,400
• D)$8,600
• E)$0.00

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Definitions:

Welding Symbol

Symbols used on blueprints and technical drawings to indicate the type, size, and length of welds used in the fabrication of metal parts.

Reference Line

A line on a drawing that serves as a basis or guide, commonly used to reference dimensions or to anchor annotation symbols such as those for welding.

Leg

A supporting structure or component of an object, typically extending downwards to provide stability or support.

Root Opening

The gap between the parts being joined before welding.