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What is meant by convinience goods?

Widely distributed and inexpensive products, purchased frequently with low effort, because they are available everywhere contrasting with specialty goods which are more expensive.


What are public goods and private goods?

Public goods are goods meant for everyone to share. Private goods are goods meant for one person or one small group of people.


What is the journal entry goods purchased?

[Debit] Goods Purchased xxxx [Credit] Cash / bank / accounts payable xxxx


How did the Egyptian's purchase goods?

Egyptians purchased goods through trade


What are goods purchased from other nations?

imports


Beginning inventory plus the cost of goods purchased equals?

Cost of goods sold.


Are Cd's taxed as ordinary income?

The interest from CDs (Certificates of Deposit) is taxes as ordinary income. In the unlikely event that you are trading transferable CDs on the secondary market, it would be theoretically possible for them to generate capital gains as well as ordinary income. This would apply to CDs purchased from securities brokers, not to ordinary CDs purchased at a bank.


Why should you take actual bill for goods purchased?

no


Which of these describes a use tax?

type of sales tax imposed on goods purchased from another state A+


What is meant by the term provide a services?

goods


What do you mean by goods?

These Goods are purchased for the manufacturing of further goods. It may include all raw materials, capital goods, plant & machinery , and all the goods used to produce finished goods.....


Since Egyptians had no money how were goods purchased?

They bartered and traded goods to get those items they needed.