d gross sales The term "inventory" indicates materials in the process of production or held for production e supplies d. both (a) and (b) MA printed price of a manufacturer or wholesaler that is subject to trade discounts is called net price. b. gross price. c. list price. d. retail price. a.

Q: P3,000 9. Dungeon Company paid the monthly rent, P6,000. The accountant would record the following…

A: A journal entry is a record of a transaction happened in a entity in the the books of such entity…

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A: The subsidiary ledgers are the collections of individual accounts that are of similar nature.

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A: Total Asset Turnover Ratio :— It is calculated by dividing sales by total assets.   Operating Profit…

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A: In case of recognition of bad debt expenses the  Bad debts expenses need to be debited

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Q: please answer

A: Total units available for sale = 301+395+191 = 887 units Ending inventory = 462 units

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A: Under the perpetual inventory system, purchases are directly debited to the "Inventory account". And…

Q: Multiple choice

A: Hi student Since there are multiple questions, we will answer only first question.

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A: Answer - 1   1. Date Account Titles Debit Credit Nov. 30 Allowance for Uncollectible Accounts…

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A: Cost of goods sold = Finished goods beginning + cost of goods manufactured - Finished goods ending…

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Q: question

A: In the Perpetual inventory system, inventory balance is updated every time for every sale or…

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A: Depreciation is an expense which is charged to a fixed asset of a firm. Depreciation is reported on…

Q: Cost of goods sold is P7,400. Beginning inventory is P3,500 and ending what were purchase returns…

A: Since there are multiple questions, we will answer only the first question. If you want the…

Q: counts receivable subsidiary ledger 6. At the begini Accounts Receivable in the general ledger…

A: "We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: breakeven chart i

A: [Note: Since you have asked  multiple questions, we will solve the first question for you. For the…

Q: Selling and Administrative expenses Salaries Advertising Insurance Office Depreciation Other fixed…

A: Your answer is below

Q: The bal . equal to net income or loss for. the period the capital account after all closing entries…

A: Solution: Capital accounts consists of capital introduced by the owner plus net income less any net…

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A: Introduction to Merchandise  Merchandise is referred to as the inventory is a good or product that a…

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A: given, PV = $10,000 N = 15  A= $1000 I=4% N=10 YEARS

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A: Given The Amount inherited is $425000 Rate is 8%

Q: Java Coffee is preparing to pay its fırst dividend. It is going to pay $1, $1.5, and $1.75 a share…

A: Share worth = Dividend1 / ( 1 + Rate )1 + Dividend2 / ( 1 + Rate )2 + Dividend3 / ( 1 + Rate )3 +…

Q: 40. Payment (settlement) of accounts payable Debit Credit a. Inventory b. Cash Accounts payable…

A: >Accounts payable balance is the balance of the suppliers that is owed by the business. Accounts…

Q: question

A: Inventory valuation can be done under different methods like FIFO,LIFO, Weighted Average.To…

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A: current price = annual dividend / dividend yield

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Q: . Net income plus operating expenses is equal to (assume there are no other income and expenses). a.…

A: Solution: 16 Cost of merchandise sold is equal to Net Income minus Gross Profit Cost of goods…

Q: 1. Lucy Sportswear manufactures a specialty line of T-shirts. The company uses a job-order costing…

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

Q: is dated on September 15 with terms of 1/15, net 45. If Zea Co. chooses not to the discount, by when…

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Q: döčument authorizing the issuance of materials from the storeroom is the: materials requisition b.…

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

Q: An n-year, 8%, $1000 par-value bond with semi-annual coupon is sold for $1,084.45. The bond yield a…

A: GIVEN, FV=$1000 PV = - $1084.45 R = 7% COUPON RATE = 8% SEMI ANNUAL COUPON

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A: Present question pertains to preparation of balance sheet. Balance sheet is a statement of affairs…

Q: 12. Viaje Manufacturing incurred P106,000 of direct labor and P11,000 of indirect labor. The proper…

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A: Interest due It represents the amount required to pay the interest cost of a loan for the payment…

Q: journal entry

A: Journal entry is made to update the transactions in the books of accounts. It has two aspects -…

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A: The correct answer for the above mentioned question is given in the following steps for your…

Q: You purchase a ticket to the Austin City Limits music festival, ACL, for $250 on November 1st. Eight…

A: GIVEN, PV = $250 FV = $275 N = 812

Q: LCD Industries purchased a supply of electronic components from Entel Corporation on November 1,…

A: Purchase Price : $24 Million Period : 12 Months Monthly Interest Rate : 12% / 12 = 1% Annuity rate…

Q: 1. e buyer is to pay the transportation costs of delivering merchandise, delivery terms are stated…

A: 1)Option A  is correct FOB shipping point Means free on board at shipping point; buyer incurs all…