I need help with questions 1 and 2

Q: Central Plains Power Company is considering an investment in wind farm technology to reduce its use…

A: Net present value of the project = 6.81086 annuity factor *  annual cost savings  - Initial…

Q: 4. What is the company's net credit sales in 2021?_ 5. What is the bad debts expense for 2021?

A: Solution: Net Credit Sales = Gross sales - Cash sales - Sales returns and allowances - Sales…

Q: 2 For the tangible and Intanglble assets acqulred In the preceding transactions, determine the…

A: Depreciation and amortization is a decrease in the value of assets on account of their use in…

Q: 1. Present entries to record the following for a business that uses the Allowance Method: a) Record…

A: Accounts receivable balance as of Dec. 31, 2019 = 100,000-610+610-610 = 99,390 Allowance for…

Q: QUESTION 2 Anzalna now needs RM20,000 to start from a bank for 3 years at 6.8% bank discount rate.…

A: solution Question 2 has been solved as per your requirement given Present value needed 20000…

Q: A partial adjusted trial balance of Zaylo Company at December 31, 2019, shows the following. Zaylo…

A: Unearned revenue is a revenue that is not generated but received in advance. It is treated as…

Q: Required a) Björn is having some trouble crunching the numbers and has asked for your help…

A: 1. There are four ethical standards of professional conduct as developed by the Institute of…

Q: If I remember correctly, the DuPont equation breaks down our ROE into three component ratios: the…

A: Dupont Equation: Return on equity = Net profit margin * Total asset turnover ratio * Equity…

Q: 1. On July 31, 2019 the balances of the accounts appearing in the ledger of Pedroni Interiors…

A: Journal entry: Journal entry is the book of original entry where first transactions are recorded in…

Q: Julio buys a koi fish pond (and fish to put in it) for his wife on their anniversary. He pays $8,000…

A: For an add-on interest loan, the interest paid on the loan is simply the simple interest on the…

Q: Weston Products manufactures an industrial cleaning compound that goes through three processing…

A: Since you have specifically asked for part 1 & 2, so we have solved the same for you.   Material…

Q: Jonathan donated a vacant lot held as capital asset to his brother in law. The assessed value and…

A: Donors Tax Donors Tax which are applicable in Philippines whether any kind of donation or gift which…

Q: A rotary engine powers a vertical takeoff and landing (VTOL) personal aircraft known as the Moller…

A: Since the amount of $105 million is to be spend in equal installments over a period of 21 years,…

Q: Please help me to answer Question 1.

A: a.) For bank reconciliaton, we shall first prepare the following tables-1.Deposits made in bank to…

Q: Khanyi is currently considering the possibility of setting up her own health spa in Greenpoint. She…

A: Here discuss about the details of revenue and expenses which are incurred in the hospitality…

Q: 3. Pedroni Enterprises issues a $260,000, 45 day 5% note to Zorzi Industries for merchandise…

A: Note means an instrument acknowledging as debt due from one party to another party. Interest bearing…

Q: During Heaton Company's first two years of operations, it reported absorption costing net operating…

A: The basic difference between absorption costing income statement and variable costing income…

Q: Interest receivable of P12,500 was not recorded on December 31, any for Case 3-Effects of The…

A: Error include clerical error,ommisions . For rectification of errors ,adjustment entries are…

Q: 10. Analyzing ratios One of the most important applications of ratio analysis is to compare a…

A: Income statement is prepared to calculate net income after tax. Net income is calculated by…

Q: Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal…

A: 1. Working capital = current assets - Current liabilities Working capital = $23,490 - $20,610…

Q: 12. Revenue from operations $960.000; Gross Profit Ratio 25%; Opening inventory $100.000, Closing…

A: Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory  Average inventory=  (Opening…

Q: May 10, 20Y4, Gruden Bancorp Inc. purchased trading securities of Carroll Inc. for $25,655.…

A: Securties -Financial instruments are known as securities, and they generally refer to any…

Q: Calculating the Yield Variance Mangia Pizza Company makes frozen pizzas that are sold through…

A: Note: Only requirement 4 has been answered as requested.   4. Yield ratio = 18 pizzas30 lbs.=0.6…

Q: 2. Using the equity method, what is the investment income and the balance sheet investment account…

A: Assets are the resources or rights held by the business. These can be current assets or non-current…

Q: Task 2: Parcel BLUE Step 1: Enter the following information into the highlighted cells associated…

A: Loan refers to amount borrowed from outside for definite period of time for consideration as…

Q: Case 5 You are auditing the financial statement of Pasig Company for the fllst tume You have…

A: Accrued salary-decrease income Accrued interest income-increase income

Q: a. Match each of the principles and phases in the development of an accounting system with the…

A: Assets are any resource owned by an entity which provide future benefit. Tangible assets are those…

Q: In need of answer for question number 3.

A: Expense payable is the liability for the business.

Q: 2. Prepare the Income statement for the year ended December 31st, 2007 3. Prepare the Statement of…

A:

Q: QUESTION 1 RM3,500 was deposited into an account on 12 July 2020. If the simple interest rate was…

A: Simple interest is the method which helps in calculating the interest for a principal amount for a…

Q: $1 20. Κ 21. Μ 22. Τ

A: The amount withheld by the company whenever the employee receives a check is referred to as the tax…

Q: Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 350 units at…

A: c. Inventory on October 31 = Inventory * Weighted average unit cost

Q: Monthly operating expenses for the company are given below: Variable: Sales commissions Fixed:…

A: Note: As per Bartleby guidelines if a student asked multiple sub-questions in the primary question…

Q: 1) Alpha Company signs a contract to sell the use of its patented manufacturing technology to Delta…

A: The present value factor of the annuity at an appropriate rate of interest provides the sum of all…

Q: which plan, if any, should it adopt?

A: 2. Mutually Exclusive alternatives are the alternatives available for a particular investment. When…

Q: 2. The Jeremy Company's fiscal year ends on December 31st. On July 1, 2021, Jeremy authorized…

A: Bonds payable are defined as long-term debt securities to raise capital for the company. These bonds…