Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
plz solve quickly Home > My courses > BAAC2100-2021Sem 1-Seci > BAAC2100-2021 Sem1-Sec1-Principles of Accounting -2 > FINAL EX Question 46 Not yet answered Marked
plz solve quickly Home > My courses > BAAC2100-2021Sem 1-Seci > BAAC2100-2021 Sem1-Sec1-Principles of Accounting -2 > FINAL EX Question 46 Not yet answered Marked out of 1.00 p Flag question Which of the following is the most appropriate option relating to specific identification method? a. It is used for lower cost inventories O b. It exactly matches the costs of the inventory with the revenue it creates O c. It reduces record keeping and reduces control over inventory O d. It increases record keeping and reduces control over Inventory Question 47 Not yet answered Marked out of 1.00 p Flag question Fancy Classy firm maintains all types of books of prime entry Choose the most appropriate Journals for the source receivable ledger of the firm a. Sales daybook cash receipt book, and sales returns book OD. Purchase daybook cash payment book and purchase returns book O c. Sales daybook purchase daybook and sales returns book od purchase daybook, purchase returns book and sales retums book
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669cb4504bbd7_807669cb44fd7751.jpg)
plz solve quickly
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started