Accounting Question
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A: The selling price of closing stock £175,000 Less: Mark up [£175,000 ×30130] (£40,385) Total Cost...
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A: Given, Marginal tax rate is 24% Income increases by $30,000
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A: Journal entries are prepared to record the financial and non-financial transactions of the business ...
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A: Solution:-1 Calculation of Receivables turnover ratio in 2021 as follows under:-
Q: A. On July 1, 2026, ABC purchased 5,000 of the P1,000 face amount, 8% bonds to yield 10% per annum. ...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any...
Q: On January 1, 2014, Trenten Systems, a U.S.-based company, purchased a controlling interest in Grant...
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Q: The following information was taken from the books of Haniqa Manufacturing Company for the month of ...
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Q: corpor. 1s distribution of additional shares of its own stock to its stockholders without the receip...
A: The Dividend is paid by the corporation to the existing shareholders.
Q: ABC just issued US$200 million 10 year bond at PAR with an annual coupon of 2% attached with a 3-yea...
A: Theoretical market price of bond=Rv×Pvf (4%,3) +C× Pvaf(4%,3)=10,000×0.888+200×2.771 (c=10,000×2%=20...
Q: A new compressor for a refrigerator costs $141.40. An 8% discount is given.Find to the nearer whole ...
A: A new compressor for a refrigerator costs $141.40. An 8% discount is given. Required Find to the ne...
Q: INCOME AND BUSINESS TAXATION Jacqueline Cruz generated annual compensation income of ₱ 455,000, net ...
A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you. ...
Q: Accountants refer to the period of time from October 1 - December 31 as "busy season." True False
A: Fiscal year: The year from the beginning of January to December is referred as fiscal year in accou...
Q: 11-04: Ivanhoe Company had these transactions during the current period. June 12 Issued 86,500 ...
A: given that, 1) issued 86500 shares and par value per share = $1 2) issued 3100 shares of $103 par va...
Q: Estimated unit sales for the first quarter of 2021 is 40,000 units and expected to increase 10% quar...
A: NOTE : As per BARTLEBY guidelines, when multiple questions are given, then first question is to be s...
Q: 9. At year-end, Julie Company reported ending inventory at P3,000,000, and the allowance for invento...
A: NRV:-Net Realisable Value is the value of 1assets that gets realized at the time of sales of assets....
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A: The majority of business seek to increase profits, which can be accomplished by lowering production ...
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A: The question is multiple choice question and is related to Consolidated Financial Statements. Requir...
Q: Accounting Question
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Q: Accounting Question
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A: T-score: A t-score is calculated from a similar formula, with important differences: t = \dfrac{\b...
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A: NOTE : As per BARTLEBY guidelines, when multiple questions are given then first question is to be so...
Q: PROBLEM 34 On January1, 2020, Edelyn Corporation acquired 10,000 shares of JKL Company for P500,000....
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Q: The partnership of C, A, and G named BREAKEVEN decided to liquidate their partnership on May 31, 202...
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Q: Let Company owns 80% of Tam Corp.’s common stock. During October 2019 Tam sold merchandise to Let fo...
A: The question is multiple choice question and related to Consolidated Financial Statements.
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A: An unrealized profit or gain is that gain which is not realized yet because it is estimated by deduc...
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A: Given that, Cash = $61000 Building = $120500 land = $201500 Liabilities = $126500
Q: Only #7. Thank you
A: Rent is an expense of the business which is incurred to run the business.
Q: A) Received P11,500 cash advance from RM C. for the design of an extension. B) Received P5,550 cash ...
A: Cashbook is used to record all the transactions that involve cash payments or receipts.
Q: ABC acquired 70% of EFG on June 30, 2021. Based on EFG's acquisition-date fair value on intangible o...
A: An acquisition is the process of acquiring more than 50% of share capital of one company by the othe...
Q: The following information has been taken from the job order cost system, used by SALEEM CORPORATION:...
A: Step 1 Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for yo...
Q: "Canadian National Railway" Annual Report 2017 and 2016 a) Discuss each of the ratios for two years ...
A: Answer: As the ratios are already calculated its interpretation is as follows: (1). Profit Margin = ...
Q: Select a manufacturing organization for justifying the following quote “Companies with labor incenti...
A: Relevant cost is the cost which enables decision making. This means when there are two alternative c...
Q: In general terms, financial assets appear in the balancesheet at:a. Face value.b. Current value.c. C...
A: Financial Assets : It doesn't have any physical form or physical worth, their value can be driven fr...
Q: 11-03: On June 1, Marin Inc. issues 1,200 shares of no-par common stock at a cash price of $5 per sh...
A: The organization can raise fund for the operation song integrity by issuing common stock, preferred ...
Q: EC 4 Q2 Please help with part d
A: we know that, ending balance of Raw materials = Opening stock of raw materials + Purchases of raw m...
Q: Capital budgeting would use which of the following costs: a. Budgeted costs – even though they would...
A: Following is the answer to the given question
Q: Select a manufacturing organization for justifying the following quote “Companies with labor incenti...
A: Labor costing is important when it comes to incremental and avoidable labor costs that are installed...
Q: what is the attributes of determining the far value of intangible assets.
A: A non-physical asset is referred to as an intangible asset. Intangible assets contain goodwill, name...
Q: Answer #1 only
A: The cost of debt which is known as a kd in the terms of finance is the cost of purchasing the debt b...
Q: Macy's sells a product for $20, and has variable costs per unit of $12. Fixed costs are $12,000. How...
A: Break-even point is the point where the company earns normal profit that is no profit and no loss.
Q: Prepare the entries to record the following independent transactionswith explanations.1.On Jan 4, 20...
A: Journal is the recording of financial transactions as per the dual entity concept.
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