The condensed statement of financial position of the partnership of Buenaflor and Gangoso as of Dec. 31, 2019 showed the following: Total Assets P200,000 Total Liabilities Buenaflor, Capital Gangoso, Capital 40,000 80,000 80,000 On this date, the partnership was dissolved and its net assets transferred to a newly- formed corporation. The fair value of the assets was P24,000 more than the carrying value on the firm's books. Each of the partners was issued 10,000 shares of the corporation's P1 par ordinary share. Required: Prepare the journal entries in the books of the corporation.

Q: Define control decisions.

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Q: What are the scopes of the IPSASs?

A: Financial Accounting- It is the branch of accounting that records events of financial nature that…

Q: describe tools and techniques used in fi nancial analysis, including their uses and limitations;

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Q: Explain Matching Principles?

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Q: Explain Destination principle in relation to VAT.

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Q: How to choose a Benchmark?

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Q: Explain how directmaterials standards and directlabor standards are set

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Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

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Q: Describe WACC and its components.

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Q: Explain

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A:

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Q: How to calculate Specification identification

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Q: explain the requirements for segment reporting, and calculate and interpret segmentratios;

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Q: Match the terms

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Q: Explain the process followed and the result

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Q: Summarize what are the MACRS guidelines?

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Q: Define the term Net method.

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Q: Differentiate between fundamental and technical anomalies.

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Q: explain about functional and non functional requirements

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Q: AN I SEE THE MANUAL WORKING OF THE PROBLEM

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Q: What are the major inputs to the MRP system?

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Procedural Coding: CPT and HCPCS

Computer hardware and accessories nowadays support various types of coding for a variety of purposes. Procedural coding is a straightforward process that combines several steps of a calculative sequence to achieve the desired result. It is a type of medical classification that aids in the identification of specific surgical, medical, or diagnostic procedures. It begins as soon as a patient enters the premises of a healthcare provider. These coding systems have significantly aided the process of insurance claims and billing.