Accounting question and answers for October 18, 2023
- Q why a good manager may not be a good leader? explain in 3 paragraphs
- Q Answers pls Problem 6-19 Variable Costing Income Statement; Reconciliation [LO6-2, LO6-3] During Heaton Company's first...
- Q Assume you are planning to start a new online business. Which form of business should you prefer to have a complete control on its management and profit/loss? What might be...
- Q Are all distributions from a ETFs to their investors taxable? If not, please explain. If a non-taxable distribution from an ETF is paid to the unitholders, how does the payout...
- Q FILL OUT A SCHEDULE A FORM WITH THE FOLLOWING Profit & Loss January 1 June 30,2024 Ordinary Income/Expense Income ...
- Q Capture Co. was organized to sell a single product that carries a 45-day warranty against defects. Engineering estimates indicate that 7% of the units sold will prove defective and require...
- Q Question 8 How can information improve decision-making in organizations? Give examples
- Q minibikes inc identified the following selected transactions
- Q Accounting for Shares Waterport Sales' corporate charter authorized the firm to sell 800,000 shares of $10 par common stock. Waterport sold 241,700 shares and reacquired 1,650 of those shares. The...
- Q Exercise 5-8 (Algo) Compute the Margin of Safety [LO5-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget...
- Q Magic Realm, Incorporated, has developed a new fantasy board game. The company sold 44,500 games last year at a selling price of $61 per game. Fixed expenses associated...
- Q Before embarking on a sustainability journey, what are some questions that Petronas should ask/address?
- Q M11-8 Calculating Profitability Index [LO 11-6] Cullumber Corp. is considering three projects. Project A has a present value of $265,000 and an initial investment of $110,000....
- Q help nesrest cent
- Q Which receipt fields should be completed when entering a non-person receipt? (Select the two that apply) A. Property B. Unit C. Payer D. Non-Person Payer
- Q discuss the role of Venture Capitalists in formation nation building and economic activities. Please answer at least five lines.
- Q Prepare a multiple-step income statement for the year ended December 31, 2016, concluding with earnings per share. In computing earnings per share, assume that the average number of common shares...
- Q Why is it important for companies to analyze revenue and accounts receivable? How can these areas lend themselves to fraud when left with lack of segregation of duties, weak controls...
- Q wheadon, davis, and singer formed a partnership with wheadon contributing 72,000, davis contributing 60,000 and singer contributing 48,000. THeir partnership agreement called for the income(loss) division to be based on...
- Q A company provided $12,000 of consulting services and was immediately paid in cash by the customer. Identify the journal entry below that properly records this transaction. Question...
- Q La Corporacin Winterland emiti bonos por un total de $300,000.00 a 10 aos, al 8% y 98. La venta debe registrarse el 1ro. Marzo 2017. Preparar los asientos de diario...
- Q A company acquired a building, paying a portion of the purchase price with available cash and issuing a mortgage note payable to a third party to obtain cash for the...
- Q Under a partnership agreement, Sarah is tot receive 25% of the partnership income but not less than 12,000. The partnership net income for this year was 32,000. What amount can...
- Q Cash Flow Issues Explain cash-flow issues relevant to reimbursement of providers. Compare the risks to payer and provider of each reimbursement methodology. Examine the concept of positive cash flow...
- Q Buy Right Market recorded the following events involving a recent purchase of inventory: Received goods for $120,000, terms 2/10, n/30. Returned $2,400 of the shipment for credit. Paid $600 freight...
- Q In New Jersey, brokers are allowed to complete standard approved sales contracts for one-family to four family residences and vacant lots and to A) complete tax reports. B) draft promissory...
- Q 1. Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement...
- Q Gabrielle Inc. and Lucci Company have an exchange. The asset (old equipment) given up by Gabrielle has a book value of 120,000 and a fair value of 135,000. In addition,...
- Q Explain with examples FIVE (5) principles that Best Point Savings and Loans have to consider in developing their marketing campaigns to retain customers. with referencing from a book.
- Q TRUE OR FALSE Answers Scoring 1.For a merchandising business, purchases refers to the merchandise acquired for resale to customers. ____ _____ 2.When merchandise is received, a purchase invoice...
- Q Use the Product Rule or Quotient Rule to find the derivative. g(t)=(7+t36)(t3+2t+1)
- Q kre ind itat in areige in . Ghother kre ind itat in areige in . Ghother
- Q Ruby Company produces a chair that requires 3 yards of material per unit. The standard price of one yard of material is $12.00. During the month, 5,200 chairs were manufactured,...
- Q ABC Company exchanged a number of used trucks plus cash for a semi-truck. The used trucks have a combined book value of $40,000 (cost $61,000 less $21,000 accumulated depreciation). ABCs...
- Q Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below: Division Queensland New South Wales Sales $ 2,176,000 $...
- Q Cul de los siguientes no es un equivalente de efectivo? A. inversiones a corto plazo B. inversiones en el mercado monetario C. inversiones en letras del Tesoro del Gobierno...
- Q Boyd Company has an investment in bonds issued by Milad Industries that are classified as available-for-sale securities. At December 31, Year 1, the amortized cost of the Milad bonds was...
- Q which sub-account should I use for the following: Martin agrees to pay you $ 30 per hour for the 10 hours you worked on his accounting. You consider this a...
- Q On November 1, 2012, XYZ Products borrowed $48,000 on a 5%, 10-year note with annual installment payments of $4,800 plus interest due on November 1 of each succeeding year. Journalize...
- Q A rotational molding operation has fixed costs of $7,000 per year and variable costs of $47 per unit. If the process is automated via conveyor, its fixed cost will be...
- Q CP9-2 Recording and Interpreting the Disposal of Long-Lived Assets [LO 9-5] During the current year, Martinez Company disposed of two different assets. On January 1, prior to their...
- Q 13. Please complete the following table. Facts: fixed cost is $151; and the price of labor
- Q Una empresa quiere evaluar los efectos de una reduccin en el costo de material de7% y un aumento en las ventas de11% sobre un producto con las siguientes...
- Q true mean 99 percent of the time. Calculate the percentage increase in sample size for the higher precision to Use the following information from the Arkade...
- Q What does full disclosure mean? How does full disclosure affect financial reporting? Are there any ethical implications to what must be reported in order to comply with full disclosure? Explain....
- Q Exercise 2-1 Compute the Predetermined Overhead Rate [LO2-1] Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of...
- Q Partners are taxed on their withdrawals, not on their share of partnership income. TRUE OR FLASE
- Q Internal Controls Ramona's Clothing is a retail store specializing in women's clothing. The store has established a liberal return policy for the holiday season in order to encourage gift purchases....
- Q Nigel purchased a blending machine for $150,000 for use in his business. As to the machine, he has deducted $32,200 of depreciation, maintenance costs of $5,200, and repair costs of...
- Q Please answer using excel
- Q Paula receives a liquidating distribution from Pell Corporation. Paulas basis for her Pell stock is $10,000. In exchange for her stock, Paula receives real estate with an $8,000 basis and...
- Q outline and explain the process of conducting a communication audit to solve the petty conflict
- Q To ensure that transactions have not been changed or that an amount field in an EDI (Electronic Data Interface) communication of financial transactions _____ could be used to ensure integrity
- Q Journalize the following transactions. Do not include descriptions. Mar. 1 Issued $10,000 of 2 year bonds, 2% interest receiving cash of $9500. The bond pays interest rate semiannually. The market...
- Q . Prepare a multiple-step income statement for the year ended December 31, 2016, concluding with earnings per share. In computing earnings per share,...
- Q An increase in the inventory turnover indicates: a) the company is selling its inventory more frequently. b) the companys cost of goods sold has decreased. c) the companys average inventory...
- Q Using Apples 2019 balance sheet how do you perform a vertical and horizontal analysis?
- Q A company issued 9%, 5-year bonds with a par value of $75,000. The market rate when the bonds were issued was 10%. The company received $72,103 cash for the bonds....
- Q A bank fraudster was able to steal millions by diverting fractions of a cent during rounding computations of interest. This is an example of: A. reversing transactions B. altering...
- Q Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to...
- Q Adams Corporation acquired 90 percent of the outstanding voting shares of Barstow, Inc., on December 31, 2016. Adams paid a total of $603,000 in cash for these shares....
- Q Based on the following data, what is the amount of working capital? Accounts payable $66560 Accounts receivable 118560 Cash 72800 Intangible assets 104000 Inventory 143520 Long-term investments 166400 Long-term liabilities...
- Q Which of the following legal expenses are deductible for AGI in 2019? Select one: 0 a. Only a. and b. qualify. O b. Choices a., b., and c....
- Q Blossom Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $173,000,...
- Q Exercise 3-2 Adjusting and paying accrued wages LO P3 Pablo Management has nine employees, each of whom earns $180 per day. They are paid on Fridays for work...
- Q On 1/1/2020, Nicky Co issued 1 million dollars, 10%, 5 year bonds with interest payable every January 1. The bonds were issued for $1,081,105. On this date, the market rate...
- Q Read the reguirements. Data table Requirements 1. Prepare a perpetual inventory record for the merchandise inventory using the FIFO inventory costing method. 2. Propare a perpetual...
- Q The elimination of an unprofitable product line will never decrease net income. True False
- Q Rusty Co. sells two products, X and Y. Last year Rusty sold 5,000 units of X's and 35,000 units of Y's. Related data are: What was Rusty Co.'s sales mix...
- Q Name and define the four costs of quality. Identify the specific costs that would be included in each of the four costs of quality (see p. 381)
- Q Required information The following information applles to the questions displayed...
- Q Los siguientes eventos se aplican a Lewis and Harper, una firma de contadores pblicos, para la contabilidad de 2016 perodo: 1. Realiz $ 70,000...
- Q Discuss how to distinguish between the accounting for capital expenditures and revenue expenditures.
- Q A company purchased a piece of equipment by paying $8,000 cash. A shipping cost of $550 to get the equipment to its factory was also incurred. The fair value of...
- Q You have entered into an agreement for the purchase of land. The agreement specifies that you will take ownership of the land immediately. You have agreed to pay $31,000 today...
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!