The balance in Ashwood Company's Accounts Payable account at December 31, 2016, was $1,200,000 before any necessary year-end adjustment relating to the following: Goods were in transit from a vendor to Ashwood on December 31, 2016. The invoice cost was $85,000, and the goods were shipped FOB shipping point on December 29, 2016. The goods were received on January 2, 2017. Goods shipped FOB shipping point on December 20, 2016, from a vendor to Ashwood were lost in transit. The invoice cost was $40,000. On January 5, 2017, Ashwood filed a $40,000 claim against the common carrier. Goods shipped FOB destination on December 22, 2016, from a vendor to Ashwood were received on January 6, 2017. The invoice cost was $20,000. What amount should Ashwood report as accounts payable on its December 31, 2016, balance sheet? a. $1,345,000 b. $1,325,000 c. $1,260,000 d. $1,285,000

$1,325,000 is the amount to be recorded as accounts payable on Ashwood's report of 31 December, 2016 balance sheet

Explanation:

Here, we want to calculate the amount that Ashwood should report as accounts payable on its December 31, 2016 balance sheet.

The correct answer to this is adding together : The balance in Ashwood Company's Accounts Payable account at December 31, 2016 + Invoice cost of goods in transit from vendor on  December 31, 2016 + invoice cost of goods lost in transit

From the question, we can identify the following;

Balance in Ashwood Company's Accounts Payable account at December 31, 2016 = $1,200,000

invoice cost of goods in transit from vendor on  December 31, 2016 = $85,000

invoice cost of goods lost in transit = $40,000

Plugging these values into the equation, we have;

1,200,000 + 85,000 + 40,000 = $1,325,000

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.