Q: A/C Name Belvidere Pharmaceuticals F-Town Division Trial Balance as of December 31, 2021 Cash…
A: Explanation - There are statements of the organization which show different accounting financials.…
Q: onj on june 15, 2013 , ioleal faremitura eoquipment discardend that Rad a cont d lo, o00$ amd was…
A: Fixed asset: It is a long-term asset used in the business for long period and is depreciated for its…
Q: A e d Duge
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: redits of 3/15, n 45 the 3 represents that
A: Answer: In Credit term of 3/15, n/45 , the "3" represent the percentage of Cash discount. It means…
Q: for Julu that includor reveDue and spending variances and activity variances. (Indicate
A:
Q: AGSESSIVENT POST EACH JOUENA L ENTEY T0 IR dOR RESPDDILIe LED GER (CRITE YOUR ANSUER S N SE PARATE…
A: T accounts are used for posting accounting journal transactions in order to classify them into…
Q: how did you get 9,288 for number 7
A: Lets understand the basics. Adjustment entry is required to make to record correct amount of revenue…
Q: The following details relates to the operations of a company for budgeted output of 10000units;…
A: Break even:- Break even is the point where the company will be in the position where it has…
Q: The raludion that manukactureu Should not market a new frodeet that il i legally Simikar ta that of…
A: Patent is an exclusive right to a product or a process that generally provides a new way of doing…
Q: Mngen S Can ca ansacten of Mchgan Ss Cen s unpion pan ery iont then oe S he pl Jan 22 Michiqan S…
A: Transactions are journalized in chronological order with a brief narration to give effect to the…
Q: None
A: Given:- A supplier manufactures a type of rubber mat.- The supplier claims the defect rate is 5%…
Q: Perez, Inc. recently completed 45,000 units of a product that was expected to consume five pounds of…
A: Standard price =$5.50 per poundStandard quantity =5 pound per unitActual output=45000…
Q: How did you get 588.64 I am getting 1/12 = .0833 1/7*1.5 = .2143 and if you muliply that by…
A: Depreciation refers to the reduction in the value of the fixed asset recorded in the books in a well…
Q: (Annuity payments) To pay for your child's education, you wish to have accumulated $14,000 at the…
A: The PMT function or concept can be used to determine the periodic payments required to accumulate a…
Q: Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Inspection…
A: Variable cost per unit using high-low method = (Highest Cost - Lowest Cost) / (Highest Activity -…
Q: Which entity is most likely to be part of both the payroll cycle Pand the expenditure cycle اختواحد…
A: Cash disbursement represents the distribution of cash from one party to another. It is the cash…
Q: Ajit and Preena are married. Ajit is 63 years old; Preena is 60 years old. Ajit retired earlier this…
A: Answer :- Ajit's RRIF withdrawals The pension income splitting provision is only applicable in the…
Q: Zor the Cagsh Flow showon, the value of A Cachen 1-15, és. 10000 A 2 A $ 1633.9 26 23.9 erelolo 16…
A: The present value analysis refers to the analysis of cash flows. The cash flows can be inflows and…
Q: AR prior balance AR current balance 42 252 77 330 42 439 9 119 Find the AR turnover
A: Compute credit sales as shown below:
Q: Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,900 of…
A: The cost of goods manufactured includes the cost of goods that are finished during the period. The…
Q: C = ? S = $1.73/£ E = $1.65/£ u=1.15_d=1/u i$= .03 i = .01 FIRPS (1+is)/(1+ig) $.0945/£ O $.1766/£ O…
A: The question is based on the concept of Interest Rate Parity (IRP), a fundamental principle in…
Q: The tree diagram in figure below describes the uncertain cash flows for an engineering project. The…
A: Answer) The tree diagram shows a starting node (A) showing a value of -$27,000 and gives rise to…
Q: Based on the chart below which data points indicate a rule of seven?
A: In the question there has been given a chart in which either the sales or the costs or there can be…
Q: Q.3.5 Complete the following table by calculating the missing amounts (indicated as A- E). Round to…
A: Amount Excluding VAT VAT Amount Amount Including VAT R1304.04 R1499.65 - R1304.04 = R195.61…
Q: b. Substitute and Solve i. Find the Value of I/PTif I=63 P-840 and t 219/365 ii. Find the Value of…
A: I/PT: I = 63 P = 840 t = 219/ 365 Fv(1-rt) FV = 1200 r = 0.175 t = 256/365
Q: Better Health Company has two service departments distribution of each service department's efforts…
A: The cost represents the expenses incurred by the company on the production process of the company.…
Q: Covid Repair Shop Worksheet Adjusted Trial Balance Debit Income Statem Unadjusted Trial Balance…
A: Statement of financial position is one of the financial statement of the business which shows all…
Q: FV $1 PV $1 FVA $I PVA $1 FVAD $1 Submit PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 2…
A: Periodic Deposit = 3300 Interest Rate = 3% Time Period (N) = 9 years Beginning of period deposits…
Q: The VAT amount (charged at 15%) included in R 684, amounts to: OA. R684 OB. R600 OC. R102.60 OD.…
A: Answer:- VAT meaning:- A value-added tax (VAT), is a sort of incremental tax. It is basically…
Q: Africa Traders' bank statement for the month ending on 28 February 2020, reflected interest received…
A: Interest received from bank is an income for the company. Also, it will increase the bank balance of…
Q: Cash \table[[Dr., Cr.]. [,610, 10, 640,], [,980, 605.]. [, 10,880,,], [,6,535,,], [Bal. vv, 12,…
A: In double-entry bookkeeping, every transaction is recorded in at least two accounts: as a debit in…
Q: Forfeiture of at Par (Ans. Money : App. 30,000; I II & Call 18,000; Share forfeiture 6,200] 30.…
A: As per our protocol and our guidelines we solution to one question only but as you have asked two…
Q: The following amounts summarize the fihancial position of Little BDlack Dog inc. on May ST, 2021.…
A: Journal entries:- Journal entries are the first step to record the transaction of business. From…
Q: Compute the arithmetic mean of the following numbers. (Round your answer to two decimal places.)…
A: Given: Numbers: 84, 44, 56, 73, 42, 16, 26, 51
Q: windeur Co. purdiad cyuipmenL fu ao.uD wlist a alimslad lu hurs e uaclul ile uf 10 yeara wilh…
A: Annual depreciation = (cost of the assets - residual value)/ Life of the assets = (535600-10800)/10…
Q: Question 3 Listen Given 0 478°, which quadrant contains 8? A Quadrant I B Quadrant II C Quadrant III…
A:
Q: am. 176.
A: Step 1NPV = Sum of Present Value of Cash Flows.IRR = Rate at which NPV of a project is zero. a-1)…
Q: AC 1101 If equity is 250,000SR and liabilities are 180,00OSR then assets equal: 400,000 018ce33…
A: Basic tool of accounting is the accounting equation i.e., Assets=Liabilities + Stockholder’s equity.
Q: If the difference between current assets and curren is 88.7, bill payable 166.5, creditors 30,…
A: The correct answer is D As given, Current assets - current liabilities = 88.7 Current liabilities =…
Q: Thomas' direct-labor rate variance was:
A: Direct Labor rate Variance is the Variance for the difference between Actual rate and Standard Rate…
Q: The balance sheet of Cattleman's Steakhouse shows assets of $104,400 and liabilities of $30,000. The…
A: Goodwill or capital reserves arises on acquisition of business
Q: INSTEATRINDANN~~~~~≈¦¦¦¦¦¦¦++744 1 2 3 5 6 8 9 10 11 12 13 14 15 16 18 19 20 21 17 Year Payment…
A: The objective of the question is to compare two financial options, Option A and Option B, in terms…
Q: If the difference between current assets and current liabilities is 67.2, bill payable 147.7,…
A: Current assets minus current liabilities is working capital
Q: Mocha Company manufactures a single product by a continuous process, involving three production…
A: Journal entries refers to the official book of a firm/company which is used to record the day to day…
Q: Republic Industries decides to price delivery services according to the results of a recent…
A: Activity-based costing is one wherein the costs are allocated based on specific cost drivers rather…
Q: Yonnie lent 100,000 pesos today each to Junel, JV and Jhom. JV agreed to repay this by 10 monthlt…
A: General annuity is one in which the number of compounding periods in a year is not the same as the…
Step by step
Solved in 2 steps
- On January 1, 2021 Tractor Company will acquire a new asset that costs $390,000 and that is anticipated to have a salvage value of $34,000 at the end of four years. The new asset: qualifies as three-year property under the Modified Accelerated Cost Recovery System (MACRS) • will replace an old asset that currently has a tax basis of $96,000 and that can be sold on this date for $76,000 (net of selling costs) • will continue to generate the same operating revenues as the old asset ($130,000 per year). However, it is predicted that savings in cash operating costs will be experienced as follows: a total of $130,000 in each of the first three years, and $91,000 in the fourth year. ● Tractor is subject to a combined income tax rate, t, of 40% and rounds all computations to the nearest dollar. Tractor's fiscal year coincides with the calendar year. Assume that any gain or loss affects the taxes paid at the end of the year in which the gain or loss occurs. The company uses the net present…i 1:50 O O *UN 40 80% 5 The company dseouteda P10.000, 0 ay, 6 ne on November 15, 2019, Orgnal entry Adisting ertry PHACTICAL EXERCISE testruction: Lung the ecerse mettod tis tare, p te ongral entry ot the tregoing ransations and the neonsary adjuing ery at the end of the acrting pered. Der. 31,201a Protiem Tha trai talance ot the Mabils Fapar Shop appean below at the and f in calondar penad MABLIS REPAR SHOP Trial Balance Decenter 31, 2019 Cash an tand Accounta Recevable Estnand Uncotectbie Accourta 10.000 25.000 P. 1.000 30.000 750 Ns Receivatie Shop Equohert Actumuuted Depreciafen-Shep Egipmert Furte and Fature Acrumuuted Deorsaton-Fuinture ard Fatue Accourts Poyable tows Payable Lenes Capits Leynes, Driwing Service ncome Salares Expanse Rant Expense Suopies Erper Tann and Liman Ligt and Water Expenua 2000 .000 5.000 11.000 12.000 44.750 1.000 30 D00 8000 4000 1.500 1000 105.500 105.S00 A4ssoral ielomation 1. Urpad taxes P600 2 Acorued satarien P1000 1 Acortued interst on netes…Find the sum of the terms: 26 O 74.23 69.38 O 71.12 O 70.29 O 72.97 (1+0.04)² + 26 (1 +0.04)³ 26 (1+0.04)4 (Round intermediate calculations to 5 decimal places, e.g. 5.27525 and your final answer to 2 decimal places, e.g. 52.75.)
- Nous sommes le 31 décembre 2024. La société Endétente inc. fabrique et commercialise du mobilier de jardin confortable et résistant aux intempéries. Elle a pour projet d'agrandir ses installations afin de répondre à la forte demande. Pour ce faire, un financement de 15 millions de dollars serait requis pour le 1er janvier 2025. Deux structures de financement sont envisagées : Structure de financement A: • Une émission de 210 000 actions ordinaires à 36 $ par action, soit le prix du marché en date du 31 décembre 2024. • Un prêt bancaire à long terme pour la balance qui porte intérêt à 8,10 % par année. Le capital serait remboursable annuellement, sur 8 ans, en montants égaux, à partir du 31 décembre 2025. Les intérêts seraient payables le 31 décembre de chaque année. Structure de financement B: Un prêt bancaire à long terme de 15 000 000 $ qui porte intérêt à 9,5 % par année. Le capital serait remboursable annuellement, sur 10 ans, en montants égaux, à partir du 31 décembre 2025. Les…Access taskA company that was to be liquidated had the following liabilities: Income Taxes Notes Payable secured by land Accounts Payable $ 15,000 120,000 48,000 Salaries Payable ($18,000 for Employee #1 and $5,000 for Employee #2) Administrative expenses for liquidation The company had the following assets: 23,000 Current Assets Land Building Saved 25,000 Book Fair Value Value $130,000 $115,000 60,000 100,000 175,000 220,000 Total liabilities with priority are calculated to be what amount? Multiple Choice О $106,650. $38,000.
- A) 7,800 B) 4,800 C) 6,800 D) 5,800Please answer two question. I will give upvote117 For B.A/B.COM apter - 4 Day:. Questions @Nat The prabability that. the Lumy Date: 20 athod: vchicle anledng Cavens has Canadian. ligense plates is 0, 12; the probability that it is Camper is 0,28; and the probability that iš a Camper with . aqual to Canadian license plates is 009. What is the piobability Hat 1 iJe A Campe betta enfering the Lumy Cavens has Canadian license.
