Accounting question and answers for January 08, 2024
- Q Spring Semester MBA Accounting & Management Information System ACCT500811902 Ortiz Co. had the following account balances: Sales revenue $ 120,000 losses due to an earthquake 60,000...
- Q Current Attempt in Progress On June 8, Golden Valley Ltd was incorporated and issued 57,000 common shares for $342,000. On August 19, an additional 14,250 shares were issued...
- Q The trial balance of valdez fashion center contained tge following accounts at november 30, the end of the conpanys fiscal year. ...
- Q Current Attempt in Progress The following accounts appeared on the trail balance of Oriole Company at December 31, 2020. Notes Payable (short-term) Accumulated Depreciation - Bldg. Supplies Salaries...
- Q Phoenix Company is considering investments in projects C and C2. Both require an initial investment of $276,000 and would yield the following...
- Q margin is 5190009 and the Sewark Division's divisional segment margin is 5100000 What is the amount of the commoni fined eopense not traceable to the indinituad...
- Q Luzadis Company makes furnture using the latest automated technology The company uses a job-order costing system and applies manufacturing overhead cost...
- Q Philip inc. incurs costs of $280 per unit ( $180 variable and $100 fixed) to make a pen that nomally sellsfor $420. A foreign wholesaler offers...
- Q Diroct fixod expenses consist of oeprecation and plant supervisery salaries. All drorecietion on the equlpment ia dedicated to the oreduct lines: None of the equipenent can...
- Q Problem 18-1A (Part Level Submission) FireOut, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The...
- Q A company issues a $1,000,000, 6%, 10 year bond when the market rate was 4%. The bond will be issued: A B C D At a premium At a...
- Q One third of employees in corporate America . Speak too quickly B. Cannot create Power Point presentations Oc. Write poorly Listen ineffectively One...
- Q Net Present Value-Unequal Lives Bunker Hill Mining Company has two competing proposals a processing mill and an electric shovel....
- Q PROBLEM 3. Philippine Incorporated's shareholders equity section for its operations ended December 31, 2017 showed the following balances: Preference Share Capital, P 80 par value P3,200,000...
- Q Please help with explaination. Ex 2, and Ex 3. Exercise 2 Loco Company sells 2 products (standard & deluxe) and it identifies the...
- Q Edited to add sub-questions. Please help with (e) and (f). Thank you! Suppose that the following utility function u(x1, x2) = 21nxi +31nx2 represents well the preferences...
- Q Question 7 (2 points) Listen Beverly company placed 800 shares of Sizable Corp.'s common stock in a trust on June 16 for the benefit of her child. On June...
- Q Kingbird Family Importers sold goods to Tung Decorators for $42,600 on November 1,2025 , accepting Tung's $42,600,6-month, 7% note. Prepare Kingbird's November 1 entry. December 31...
- Q Indicate whether the following items are a benefit to be taxed, non-taxable benefit or a section 8 deduction for the employee. A. Taxable...
- Q Please answer this question typed not handwritten IUNIERII 10-lu Question Help Assuming that KXS's market share will increase by 0.29% per year, you determine that the plant will...
- Q what is nike and adidas net profit margin, debt eqity ratio, net profit margin, revenue growth, sg/a revenue for 2019,2020,2021? Nike Company Adidas 34 points 2021...
- Q 3. Prepaid rent had a $1.000 normal balance prior to adjustment. By year end $400 was unexpired. No. Account Titles and Explanation Debit Credit...
- Q The police were called to conduct a well-check on a gentleman who did not show up for his new job. They found that the man had...
- Q Credit Debit $ 7, 700 16,500 6,628 163,000 $ 33,578 46,000 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts...
- Q Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the companys operations in July appear below: Vulcan...
- Q 4) Jackson Manufacturers has provided the following information regarding the two products that it sells: ariable...
- Q Exercise 23-26(Algo) Computing sales variances LO A1 Mia Wiz sells computers. During May, It sold 500 computers at a $800 per unit price. The fixed budget...
- Q The protection of the Amendment against unreasonable searches and seizures has been largely obliterated by the courts in the area of administrative law.First Fourth Fifth Seventh
- Q AZE Real Estate Fund produced a 15.57% annualized IRR. The fund terms were 10% preferred return (Pref), 50/50 catch-up and carried interest split of 80/20. What is the Breakeven IRR...
- Q A $900,000 bond issue on which there is an unamortized premium of $73,000 is redeemed for $775,000. Journalize the redemption of the bonds. If an amount box does not require...
- Q Current Attempt in Progress Restate the following income statement for a retailer in contribution format. Less operating costs: Question 3 of 13 - $ ! ...
- Q A company has set a new policy of acquiring materials from a second hand auction because it is cheaper than market price. Upon further investigations you have discovered that the...
- Q The following financial statements of FinalHeadache Ltd and its subsidiary Solutions Ltd have been extracted from their financial records at 30 June 2019. Reconciliation...
- Q Decp Mines Ltd, of Saskatchewan is contemplating the purchase of equipment to exploit a mineral deposit located on land to which the company has...
- Q Warner Manufacturing had the following unit information for last year: Sales in Units ($20 each) 100,000 Break Even Point in Units 80,000 ...
- Q the collection of 2400 account withint the 2% discount period will result in a credit for 2352, or a credit to adiscounts for 48?ccoutns receivable fo 3252 or debit to...
- Q Calculate the table factor, the finance charge, and the monthly payment (in \$) for the loan by using the APR table, cent.)
- Q Please help with the last question: 2b - Standard hours allowed for the month's production: I got 3,870 but it is WRONG. Problem 10A-8 Applying Overhead; Overhead Variances [L010-3,...
- Q Do a Journal Entries for Wages of $1,652 were paid during October. Of this amount, $125 was for wages recorded as payable at the end of September.
- Q 1. Following is an inventory acquisition schedule for ABC CO. for 2020: Units Unit Cost Beg. Inventory 500 $ 13 Purchases: Feb. 4 300 15 Apr. 12 400 16 Sept....
- Q Which will reduction of D-fructose with NaBH4 yleld pat 11 1 $ $ AMO ho Which will reduction of D-fructose with NaBH4 yleld pat 11...
- Q Apr. 15. Received $1,080 from Joe Brown and wrote off the remainder owed of $4,350 as uncollectible. Aug. 7. Reinstated the account of Joe Brown and received $4,350 cash in...
- Q Schabel Corporation tiene dos divisiones operativas: una divisin de consumo y una divisin comercial. El Departamento de Atencin al Cliente de la compaa da servicio a ambas divisiones. Los costos...
- Q Sheridan Company prepared the tabulation below at December 31,2022. Net Income Adjustments to reconcile net income to net cash provided by operating activities: Net cash provided...
- Q What is the purpose of accounting in society?
- Q On December 31, 2019, Claudine Company issued 5,000 of 8% 10-year P1,000 face value bonds with detachable warrants at 110. Each bond carried a detachable warrant for 10 ordinary shares...
- Q Define why the flexible budget is incorporated into variance analysis. Also explain what would happen if a flexible budget was not prepared
- Q Feedoack Dineck My Work (1) Revenues Expenses WLKT Partners, Member Equity Madison Sanders, Member Equity vv Observer...
- Q Examples of Transactions related to receivables: Zero interest note Kohl Company loaned $66,116 to Hemingway, Inc, accepting Hemingway's 2-year, $80,000, zero-interest-bearing note. The implied interest rate is 10%. Prepare...
- Q Standing plans include Doces bout how to handle mercy stations O Doces bout activities and performance
- Q Question 38 (1 point) The terms and stipulations of financial instruments are enforced by notions of morality and ethics. A) True B) False
- Q Required information \table[[,Job 306,Job 307,Job 308,April Total],[March],[Direct materials,33,000,39,000,,],[Direct labor,24,000,22,000,,],[Overhead applied,14,000,13,000,,],[Work in process, beginning,,,,],[April],[Direct materials,145,000,230,000,110,000,485,000],[Direct labor,89,000,160,000,115,000,364,000],[Overhead applied],[Costs added in April,234,000,390,000,225,000,849,000],[Total costs,5,5,,],[Status on April 30,Finished (sold),Finished (unsold),In process,],[April 30 cost...
- Q Define Project Scope and project success with measurable characteristics
- Q Discuss the importance of legal, ethical, and sustainability considerations in product & service design in Procter & Gamble
- Q Company Accounting Workbook Use accepted accounting principles to follow and record your business transactions for...
- Q Explain how a portfolio manager can eliminate the systematic risk of his stock portfolio over the next month using futures on the S&P 500 index. What return does the manager...
- Q Flow Company has provided the following information for the year ended December 31, 2016: Cash paid for interest, $19,000 Cash paid for dividends, $7,200 Cash dividends received, $5,200 Cash...
- Q Fred is in the 24% federal income tax bracket and the 12% state income tax bracket, He will claim the standard deduction. What is his combined federal and state incremental...
- Q Why must the accounting equation always be in balance?
- Q The allowance for credit losses account has an opening balance of R4 500. The policy requires the allowance to equate 8% of the total accounts receivable. The debtors sub-ledger totaled...
- Q Which variable in regression analysis is sometimes called the explanatory variable? A. Dependent. B. Objective. C. Constant. D. Independent.
- Q Bond Valuation and Yield ...
- Q 1. Una empresa inform que sus bonos con un valor a la par de $50 000 y un valor en libros de $59 500 se retiraron por $63...
- Q Prepaid insurance is reported on the balance sheet as a O a current asset b. current liability c. fixed asset d. long-term liability
- Q The replacement cost of an inventory item is $88. Net realizable value is $97.50. Net realizable value less a normal profit margin is $88.50. The cost of the item is...
- Q 7. The company discounted its notes receivables for $5,000 and collected $4,300. This note is not paid on maturity. (Protest fee $2)
- Q Carla reedemed EE bonds which qualify for the educational exclusion. The reedemption consisted of $14,000 principal and $6,000 interest. The net qualifying educational expenses are $10,000. Her AGI is below...
- Q Review the balance sheet presented above for possioble errors and make any comments about it below. Balance Sheet ...
- Q this answer is incomplete and incorrect. BAE Assets = Equity + Liability if you add up all figures the the answer is invalid.
- Q Define entreprenuership in the 21st century
- Q Major Instrument, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 47 range instruments and 304 pressure gauges were produced, and overhead costs of $80,501 were...
- Q FIFO and LIFO Costs Under Perpetual Inventory System The following units of an item were available for sale during the year: Beginning inventory 21 units at $46...
- Q Budget Preparation Collins Company is preparing its master budget for April. Use the given estimates to determine the amounts necessary for each of the following requirements. (Estimates...
- Q Answer ALL questions below [100 MARKS] QUESTION 1 (20 Marks) The trial balance and additional information given below were extracted from the accounting records of Dysan Limited on 29...
- Q Maple Company provides the following information about its product: What is the total contribution margin
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