ACCOUNTS Ex. Accounts Payable Accounts Receivable Cash Interest Payable Acain, Capital Notes Payable Notes Receivable Prepaid Rent Property and Equipment Raw Materials Salaries Payable Supplies Utilities Payable Cash in Bank Finished Goods ELEMENT CLASSIFICATION Current Liability

Q: Prepare the following a. Direct method  b. Step-down method (allocate MR first)  c. Step-down…

A: Part a: Direct Method: Workings:

Q: explain the direct allocation method.

A: The objective of this question is to understand the concept of the direct allocation method in…

Q: Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

A: Decision tree: A decision tree is a method of arranging a set of consecutive decisions, which is…

Q: The following information is for Lawrence company, who uses the LIFO method

A: PLEASE LIKE THE ANSWER, YOUR RESPONSE MATTERS    Inventory valuation using Lower of Cost or…

Q: Briefly explain last-in, first-out (LIFO)

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: Describe the differences between a formula and a function?

A: A formula is an equation or expression that, when entered into a spreadsheet or other application,…

Q: What is the graphical representation of the distribution of a dataset? A) Histogram B) Pie Chart C)…

A: The incorrect answers are:B) Pie ChartPie charts are circular charts with slices reflecting…

Q: Can you please explain the formula for row 9,10,11?

A: Using CAPM  formula:Rf+Beta * Risk premium for the market index return

Q: Write two examples of SWOT analysis

A: 2. SWOT analysis for Sedibeng Breweries Strength: Capital stock: A strong capital base has been…

Q: What is the mode for the following data set: 99,100,99, 100,8,9,8,7,8? Show all works.

A: WE HAVE TO FIND MODE OF THE DATA  OBSERAVTIONS: 99,100,99, 100,8,9,8,7,8

Q: What do you mean by Count Data? When it arises?

A: Count data:  Count data is a kind of statistical data, in which the observations might only consider…

Q: Briefly explain on Salam and Parallel Salam.

A: Salam and Parallel Salam are modes of Islamic financing which are useful for traders and small…

Q: explain hoe blockchains are structured using a block based structure.

A: Deep Dive into Blockchain's Block-Based StructureBlockchains have revolutionized data storage and…

Q: Give an example of each.

A: Cost standard example: The estimation to regulate the entire direct material cost standard and…

Q: Explain how to link tables in a 1:1 association. Why may this be different in a 1:0,1 association?

A:

Q: A set can contain: a) Duplicate elements b) Only numbers c) Unordered elements d) None of…

A: In computer science and mathematics, a set is a fundamental data structure used to store unique…

Q: put these numbers in T form

A: T-Account A collection of financial records that employ double-entry accounting is referred to…

Q: Describe the Scatterplot Method

A: The objective of the question is to understand the Scatterplot method, which is a graphical…

Q: What are the three general problems associated with data redundancy?

A:

Q: can step one be structure differently using P=p( r/n)/1-(1+r/n)

A: Here, The interest rate is r. The maturity period is n. The compounding frequency is m.

Q: Define Single-step format

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: Explain how a separate linking table works in a many-to-many association.

A: Database Management: Database management refers to management of databases held within an…

Q: Which of the following is an option for consolidating data into one table or worksheet?

A: The CONSOLIDATE function in Excel is used to combine and aggregate data from multiple worksheets or…

Q: Define common size analysis

A: Financial statements are analyzed to determine the profit earning capacity of the business and also…

Q: confused on how the number for D is calculated

A: Bad debt is calculated on the value of sales receivable during the period.Bad debt is an expense…

Q: Fill out the missing column

A: Net revenue = Gross profit + Cost of goods sold = 511000+673400 = $1184400 Operating expense = Net…

Q: All the following are reporting views found in Tableau, except: O a. Dashboard. O b. Story. O c.…

A: Tableau is a powerful and versatile data visualization and business intelligence tool that empowers…

Q: Define Double-entry system.

A: Double entry system: Double entry system is a way of accounting or bookkeeping which implies that…

Q: The first amount was inccorect

A: Solution:- When equal amount is paid each period at end of period, it is called ordinary annuity.…

Q: can you show this problem using a two way data table?

A: Two way data states a way or the method of displaying the relative frequencies for the categorical…

Q: Which excel formula is this

A: Solution:- When an equal amount is withdrawn each period, it is known as annuity.

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is