Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 8- the following are the data extracted from the b

8- The following are the data extracted from the books of a commercial enterprise consisting...

90.2K

Verified Solution

Question

Accounting

image
8- The following are the data extracted from the books of a commercial enterprise consisting of three sections (1) (2) (3) for the year ending on 12/31/2012, where the production of section (1) is transferred to section (2) and section (2) To Section (3), the cost base plus 25% of the permissible wind rate for the transferred section is followed in the transfer: the statement is a division, a division in which a division: purchases, sales, purchases expenses, the goods (end of term) 60,000 100,000 360,000 16,000 20,000 5,000 8,000 150,000 What is required: preparing the necessary accounts To show the result of the work of Sections (1), (2), (3) above, as well as extracting the value of unrealized profits in the goods at the end of the period.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Identify an investment that you could reduce Exchange Rate risks through spreading. Carefully explain why this would...

Accounting
1.2K views

The Typhoon Company uses straight-line depreciation. It lowers an estimated salvage value, resulting in a depreciation...

Biology
1.2K views

Which sentence uses the 12 underlined vocabulary word incorrectly A Only the elite of the...

Physics
1.2K views

Estimate how long it might take for ethyl alcohol to be detected 6 cm from...

Geometry
1.2K views

In 11 16 For each regular polygon calculate the measure of 11 12 each angle...

Statistics
1.2K views

Frequency 10 8 6 2 1 5 9 13 data 17 21 25 a Based...

Accounting
1.2K views

calculatw free cash flow The following is...

Accounting
1.2K views

3.3 Dividends Allocation of Earnings and Profits On January 1, 20x8, Tree Corporation...

Accounting
1.2K views

Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and...

Accounting
1.2K views

Current Position Analysis The following data were taken from the comparative balance sheet of Icon...

Finance
1.2K views

Question 3 of 8 -/12.5 E View Policies Current Attempt in Progress Cullumber, Inc, is...