A company manufactures a range of products one of which, product Y, incurs a total cost of $20 per unit. The company incurs a total cost of $600,000 each period and the directors wish to achieve a return of 18% on the total capital of $800,000 invested in the company. Required: Based on this information the selling price of one unit of product Y should be $

Q: post journal entries to t account

A: T-Account: A key teaching tool in double entry accounting is the T account, which shows how one side…

Q: Explain open accounts and notes.

A: Open account: It is a sale transaction in which the goods are shipped and delivered before payment…

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: how do you format a journal entry.

A: Journal entry is the primary recording of any transaction which is entered in the financial…

Q: Post to the ledger accounts.

A: The process of recording business transactions in the books of accounts for the first time is…

Q: How would the T Account look?

A: T account is the account which is made by the company for each account in which all the transactions…

Q: Explain an example of post the journal entries to the T-accounts.

A: Journal entry: It is a set of economic events that can be measured in monetary terms. These are…

Q: can you please type out the equation

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Can I have the Journal Entry for the above questions?

A: Journal entries - It is the act of keeping or recording the financial and non-financial transactions…

Q: How is QuickBooks organized?

A:

Q: Would you mind sharing a secondary example please?

A: Allowance Method - Under allowance method company make provision of uncollectible accounts at the…

Q: Write out the journal entry that is created once an entry is made in Invoice Window.

A: Invoice: It implies to a document of commercial nature that has details related to what reflects on…

Q: Complete the remaining sub-parts

A: Adjusted journal entries made at the end of an accounting period to adjust some accounts to ensure…

Q: Describe the purpose of caash receipts journal.

A: The cash receipts journal is a special section of the general journal specifically used to record…

Q: After a receipt is uploaded into QBO, the user will need to ______ the data and ensure the receipt…

A: Quickbooks is very popular accounting software that is used for accounting and recording…

Q: how to prepare journal entries

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for…

A:

Q: journal entrie for website expenses

A: To record a website expense the journal entry would include a debit to website expense and credit to…

Q: Explain an example of source documents.

A: Source documents: The documents which contain evidence of accounting data to record the transactions…

Q: where in quickbooks will i enter it

A: In the Quickbooks, entry as per solution has to be done but the process of recording is as below:

Q: Please respond via a memo on your thoughts of the GAAP article bellow:

A: Accounting Principles- Accounting principles are the principles that are to be followed by an…

Q: prepare journal enteries

A: Income tax is defined as the payment obligation of the taxpayer earning income for each year. It is…

Q: al entry to write off any over under

A: Over (Under) Applied over head is the excess or short applied overhead compared to actual overhead…

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.