1. Review the following scenario: Scenario: Hart Nance and Jason Symington operate gift boutiques in shopping malls. The partners split profits and losses equally, and each takes an annual drawing of
$80,000. To even out the workload, Nance travels around the country inspecting their properties Symington manages the business and serves as the accountant. From
time to time, they use small amounts of store merchandise for personal use. In preparing for his daughter's wedding, Symington took inventory that cost $10,000 He
recorded the transactions as follows:
Debit Credit
Cost of Goods Sold $10,000
10,000

i will pick c put check it over to be sure

step-by-step explanation:

step-by-step explanation:

what grade level is this? need to know so i can look in my old textbooks!

step-by-step explanation:

what is the figure? attach a picture.

d. $180

step-by-step explanation:

if the dimensions of the room is 9ft by 12 ft, we have the area of the floor as,

so the area of the floor is 108 square feet, converting that into square yards we get,

the cost of carpet is $15 per square yard, therefore the cost of carpet for 12 square yards is,

hence, the cost of carpet is $180.

assuming the dimensions of the room be,

15 ft by 12 ft

so, the area of the floor of that room is,

we can convert 180 square feet into square yards, we know that,

1 sq ft = 0.111 sq yard

so, 180 square feet is,

so the area of floor is 20 square yards.

now, the cost of carpet is 15 dollars per square yard, therefore the cost of carpet for 20 square yards is,

so, it will cost $300.