PROBLEM 15. Desiree Company provided the following data: COST SELLING PRICE Inventory, Jan. 1 500,000 770,000 Purchases 3,070,000 4,300,000 Transportation in 70,000 Purchase returns 25,000 40,000 Sales return 80,000 Sales discount 20,000 Purchase discount 45,000 Markup 100,000 Markdown 350,000 Cancellation of markup 30,000 Cancellation of markdowns 10,000 Sales 4,000,000 REQUIRED: Compute the ending inventory using the conservative and average cost retail method.?

Q: Please help thanks

A: Equivalent units: This is one of the processes costing methods, under this method the uncompleted…

Q: Write short notes on: IP Security Email Security

A: The Answer :

Q: Could you please finish the remaining questions?

A: The breakeven point (break-even price) of a transaction or investment is determined by comparing the…

Q: IF YOU ARE GIVEN OPPORTUNITY TO CHOOSE TO OPEN AN ACCOUNT, WHICH WILL YOU PREFER AND WHY?

A: A bank account is the account in which a person can deposit and withdraw his or her money. In order…

Q: I'd like the 1st question answered please for problem 23

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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: Please read your answer once again

A: Bonds are safe investments and annual coupons are paid on that as per the rate mentioned and the par…

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: Billed customers for delivery services rendered what would be debited?

A: Billing to Customers - When company provide service to customer either in cash or on account both…

Q: journal entries required

A: Journal entries are the starting step towards the accounting cycle. It is the initial recording of…

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: Could you please help with part c now?

A: Quantitative Easing  (QE): It is a form of monetary policy. Under quantitative easing , the central…

Q: can you solve letters i and j manually with formulas? thank you!

A:

Q: can you provide me more clear info

A: There are five special journals namely, cash receipt journal, cash disbursement journal, sales…

Q: How is QuickBooks organized?

A:

Q: Write a research paper explaining how the T Account process works

A: T accounts are visual representations of individual accounts that looks like a "T" and is used to…

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: You purchase a T-Bill which is selling at a discount of 12 TL. The maturity of this T-Bill is 255…

A: There are 2 questions, so according to our guidelines, we can answer the first one. Please resubmit…

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

A:

Q: Please tell answer as soon as possible

A: The closing entries refer to the journal entries passed at the end of the reporting period to…

Q: Hi can u post this transaction for me please ( the current Answers are wrong)

A: Journal entry refers to an entry that records all the transactions which are financial in nature. It…

Q: a. Prepare a common-sized income statement comparing the results of operations for Sorenson…

A: Common size income statement is used for vertical analysis wherein each item in the income statement…

Q: What is an invoice?

A:

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: Describe the elements of an e-mail address.

A: Internet:   Internet is the means of communication which connects one smart device with any other…

Q: kindly post the solution to the question thanks

A: Total cost of the product comprises of material cost, direct labor cost, variable as well as fixed…

Q: In what format can you distribute T4, T4A, T5, or T4FHSA slips by email or electronic portal without…

A: Before answering the question, it's important to understand the context. T4, T4A, T5, and T4FHSA are…

Q: Clicking Generate at the bottom of the A/P Create Payment Batch form creates a payment batch. Group…

A: The objective of the question is to verify the functionality of the 'Generate' button in the A/P…

Corporate Ethics

Ethics refers to the moral values and principles that guide an individual. Corporate ethics refers to the moral behavior of a company and its employees while conducting business. Business ethics is another name for corporate ethics. Business ethics reflects the purpose of doing the business. Business ethics is the distinction between what is right and wrong in the workplace and the selection of the right set of actions. Every corporate entity follows business ethics to a large extent in order to survive and compete successfully in the market. Corporate entities that strictly adhere to business ethics gain the trust of their stakeholders and thus gain more customers. An organization follows compliance, i.e., following certain business policies, rules, procedures, and practices to deal with the problem arising from the business environment. Business ethics also ensures that they meet compliance requirements as it was connected with the activities of an organization.