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Associated Dry Goods was created in 1916.

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What is Freight In and Freight Out?

Freight in is the transportation cost associated with the delivery of goods from a supplier to the receiving entity.Freight out is the transportation cost associated with the delivery of goods from a supplier to its customers. This cost should be charged to expense as incurred and recorded within the cost of goods sold classification on the income statement.


Goods that are created and used domestically are?

Goods that are created and used domestically are referred to as "domestic goods" or "local products." These items are produced within a country's borders and are intended for consumption by its residents. This contrasts with imported goods, which are made in other countries and brought in for sale. Supporting domestic goods can foster local economies and promote sustainability.


To purchase goods and services on account is to create what?

The correct answer is - an A/P liability.Accounts payable are liabilities (obligations) created by buying goods or services on account.


What is a tarrif?

A tariff is a duty imposed on goods when they are moved across a political boundary. They are usually associated with protectionism, the economic policy of restraining trade between nations. For political reasons, tariffs are usually imposed on imported goods, although they may also be imposed on exported goods.


What is wet market and dry market?

wet market sells raw food which need alot of washing this making the floor of the area of the market always wet. Dry market sells dry goods/ food may range from snacks, clothes, cooking utensils, accessories and etc