Tom Inc. performs a physical inventory count on 12/31/2021 and accidentally double counts a room that has $35,000 of inventory in it (so the inventory in this room gets counted twice)! This mistake is not repeated when they perform the physical inventory count at the end of the following year (12/31/2022), which is done correctly. Assuming that Tom Inc. reports the following information on their 2021 and 2022 financial statements:   As reported:                                             12/31/2021                  12/31/2022 Ending Inventory                                      $200,000                     $300,000 Cost of Goods Sold                                  $500,000                     $450,000 Net Income                                               $140,000                     $170,000 Retained Earnings                                     $500,000                     $670,000   Please indicate what the corrected 2021 Cost of Goods Sold total would be if the mistake had not been made?

On 1/1/2023 ABC, Inc. sells some equipment in exchange for 5 annual payments of $5,000 per year due at the end of each year (so ABC will be receiving the first payment on 12/31/2023). ABC uses a 7% rate for discounting future cash flows. What is the journal entry(ies) that ABC (they are the seller!) would record on 1/1/2023 (you can ignore the cost of goods sold and inventory impact related to the cost of the equipment for this exchange and just focus on the revenue related accounts)?

AG Inc. made a $25,000 sale on account with the following terms: 2/10, n/30. If the company uses the net method to record sales made on account, what is (are) the debit(s) in the journal entry to record the sale?

Tom Inc. performs a physical inventory count on 12/31/2021 and accidentally double counts a room that has $35,000 of inventory in it (so the inventory in this room gets counted twice)! This mistake is not repeated when they perform the physical inventory count at the end of the following year (12/31/2022), which is done correctly. Assuming that Tom Inc. reports the following information on their 2021 and 2022 financial statements:   As reported:                                             12/31/2021                  12/31/2022 Ending Inventory                                      $200,000                     $300,000 Cost of Goods Sold                                  $500,000                     $450,000 Net Income                                               $140,000                     $170,000 Retained Earnings                                     $500,000                     $670,000   Assuming they uncover this mistake on 1/1/2023, what journal entry would Tom Inc. need to report to correct this error? 

Tom Inc. performs a physical inventory count on 12/31/2021 and accidentally double counts a room that has $35,000 of inventory in it (so the inventory in this room gets counted twice)! This mistake is not repeated when they perform the physical inventory count at the end of the following year (12/31/2022), which is done correctly. Assuming that Tom Inc. reports the following information on their 2021 and 2022 financial statements:   As reported:                                             12/31/2021                  12/31/2022 Ending Inventory                                      $200,000                     $300,000 Cost of Goods Sold                                  $500,000                     $450,000 Net Income                                               $140,000                     $170,000 Retained Earnings                                     $500,000                     $670,000   Please indicate what the corrected 2021 Retaining Earnings total would be if the mistake had not been made?

Tom Inc. performs a physical inventory count on 12/31/2021 and accidentally double counts a room that has $35,000 of inventory in it (so the inventory in this room gets counted twice)! This mistake is not repeated when they perform the physical inventory count at the end of the following year (12/31/2022), which is done correctly. Assuming that Tom Inc. reports the following information on their 2021 and 2022 financial statements:   As reported:                                             12/31/2021                  12/31/2022 Ending Inventory                                      $200,000                     $300,000 Cost of Goods Sold                                  $500,000                     $450,000 Net Income                                               $140,000                     $170,000 Retained Earnings                                     $500,000                     $670,000   Please indicate what the corrected 2022 Retained Earnings total would be if the mistake had not been made?

On 1/1/2023 ABC, Inc. sells some equipment in exchange for 5 annual payments of $5,000 per year due at the end of each year (so ABC will be receiving the first payment on 12/31/2023). ABC uses a 7% rate for discounting future cash flows. What journal entry would ABC record on 12/31/2023 (first payment)?

A patient address is an example of _________ data.​

Which of the following statements is true regarding the evolution of the HIM career field?​

What is the brand name for Arformoterol? A. Xopenex B. Performist C. Brovana D. Asthmanefrin