The Stapel scale is usually presented horizontally

Merchandise Inventory increased $28,000 and Accounts Payable decreased $19,600 during the year

Accounts Payable relates only to the acquisition of merchandise inventory. Sales were $796,000 and Cost of Goods Sold was $549,700. Compute the payment made to the suppliers. A) $577,700 B) $569,300 C) $597,300 D) $47,600

Shelving and racks used in business and installed by the tenant are generally considered to be which type of the following?

A. Real property B. Trade fixtures C. Ostensible property D. Property of the landlord