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ABC 103 CINDAMENTALS OF ABM 1 ST. ANTHONY'S COLLEGE Business Education Department San Jose de Buenavista, 5700 Antique ARTIBUR Tel. No. (036) S409238; 5400898; 5409971 Tel. No.: (036) 5409196 Website: www.sac.edu.ph Email: Info@sac.edu.ph; bused@sac.edu.ph In SAC, we carel Covid Repair Shop Worksheet Unadjusted Trial Balance Deblt Adjustments Credit Adjusted Trial Balance Debit Income Stateme C Debit Account No. Account Titles Credit Debit Credit 33,450 1,200 15,000 2,000 33,450 1,200 8,500 2,000 1,200 30,000 Cash Accounts Recelvable Repair Supplies Prepaid Rent Prepaid Advertising Repair Tools Accumulated Depreciation-RT Fumiture & Fixtures Accumulated Depreciation-F&F Service Equipment Accumulated Depreciation-SE Accounts Payable Notes Payable Accrued Interest Expense Accrued Salaries Expense Accrued Rent Expense Unearned Repair Revenues Covid, Capital Covid, Drawings Income Summary Repair Revenues Advertising Expense Rent Expense Salaries Expense Utilities Expense Interest Expense…

Sheffield Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $430,800 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,864. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,864, prepare the adjusting journal entry for bad debt expense.

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6:41 + Module1_PPE... Tel Nos.: (+63 43) 980-0385; 980-0387; 980-0392 to 94; 425-7158 to 62 loc. 1546/1822 Email Address: president@g.batstate-u.edu.ph Website Address: http://www.batstate-u.edu. Problem 23-15 (AICPA Adapted) On December 31, 2020, Bart Company purchased a machin, in exchange for a noninterest bearing note requiring eight payments of P200,000. The first payment was made on December 31, 2020 and the others are due annually on December 31. At date of issuance, the prevailing rate of interest for thi, type of note was 11%. PV of an ordinary annuity of 1 at 11% for 8 periods 5.146 PV of an annuity of 1 in advance at 11% for 8 periods 5.712 1. What amount should be recorded as initial cost of the machine? a 1,600,000 b. 1,029,200 c. 1,400,000 d. 1,142,400 2. What is the discount on note payable on December 31, 2020? a. 657,600 b. 457,600 c. 570,800 d. 3. What is the interest expense for 2021? a. 125,664 b. 103,664 c. 113,212 d. 176,000 4. What is the carrying amount of note…

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Class Collaborate-AC-163-44 P x CengageNOWv2| Online teachin X + 2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignments... A Determine the following measures for 2018. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital Г 2,790,000 2. Current ratio 4.1 3. Quick ratio 2.5 4. Accounts receivable turnover 16 5. Days' sales in receivables 22.8 days 6. Inventory turnover 7. Days sales in inventory 8. Debt ratio days % 9. Ratio of liabilities to stockholders' equity 10. Ratio of fixed assets to long-term liabilities 11. Times interest earned times times 12. Times preferred dividends earned Check My Work 8 144 0 P Previous Email Instructor Save and Exr Submit Assignment for Grading pri se…

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issis.com/FEL X - Unit Activity: Mathematical Mo x + lelivery//ua/69158/45467532/aHR0cHM6Ly9mMS5hcHAUZWRtZW50dW0uY29tL2xlYXJuZXItdWkvc2Vjb25kYXJ5L3VzZXIt nit Activity: Mathematical Models and Consumer Finance Task 7 Financing Transportation Respond to each question below in two to three complete sentences. Each question is worth four points. Space used (includes formatting): 0/15000 Part A Lydia makes a down payment of $1,600 on a $11,000 car loan. How much of the purchase price will the interest be calculated on? Explain how you arrived at the final answer. BIUX² X₂ 15px Part B AV king a down payment on a car loan help a car buyer? 11 of 12 = Print 11:58 O PI ☐ Save &

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Palestine Technical University - Kadoorie A Dashboard My courses 20202 الفرع الرئیسی الأعمال والاقتصاد انظمة معلومات محاسبية المحاسبة المتقدمة نظري - طولكرم General الامتحان النصفی المحاسبة المتقدمة نظري - طولكرم Under the parent company concept of consolidated financial statements, the minority interest in net assets of a subsidiary is displayed as a liability Question 22 Not yet answered Select one: Marked out of True 1.00 False P Flag question Previous page Next page Return to: General ENG ) T-rv-E/TV

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When a researcher shows respect to the audience who read and use research study information. This is considered as a/an……………… in conducting researchعندما يظهر الباحث الاحترام للجمهور الذي يقرأ ويستخدم معلومات البحث فان هذا يعتبر ..........في القيام بالبحث   a. Ethical Issue قضية اخلاقية   b. Cultural Issue قضية ثقافية   c. Skill مهارة   d. Curiosity Issue ف

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of Airtnership Midterm Inbox (768)- jessaleabarrios@gr x Upload Documents for Free Acce x e/1FAlpQLSctM20fzOIEJA7oGJS1BlmgjYr2Q6OPF4-1C00695E8VXL-ag/viewform?hr_submission=ChklqlzPrh 31-40* Rules for the Distribution of Profits or Losses In January 2012, Nick Marasigan and Dems Asacta agreed to produce and sell chocolate candies, Marasigan contributed P2,400,000 in cash to the business. Asacta contributed the building and equipment, valued at P2,200,000 and P1,400,000, respectively. The partnership had profits of P840,000 during 2012 but was less successful during 2013. when profit was only P400,000. Required: 1. Prepare the journal entry to record the investment of both partners in the partnership. 2. Determine the share of profit for each partner in 2012 and 2013 under each of the following conditions: a. The partners agreed to share profit equally b. The partners failed to agree on a profit-sharing arrangement. The partners agreed to share profit according to the ratio of their…

13   Transactions include which two types of events?   Multiple Choice   Direct events, indirect events   Monetary events, production events   External exchanges, internal events   Past events, future events

education.wiley.com/was/ui/v2/assessment-player/index.html?launchid=81efd2b2-d564-4eeb-b011-67c54ee7e2bb#/question/16 Ch12 Homework Question 17 of 20 > 0/1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Elkins and Landry are partners who share income and losses in the ratio of 3:2, respectively. On August 31, their capital balances were: Elkins, $149000 and Landry, $116000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $98000 in the partnership, what is Landry's capital balance after Neumark's admittance? O $121000 O $104800 O $116000 O $106800 eTextbook and Media Attempte: 1 of 2uced VO 10:27 !!