Accounting question and answers for January 20, 2024
- Q Receipts of income from share transfer Rs.200 Provision made for Income tax Rs.48500 Profit as per cost accounts 1,45,000 950 cxcess depreciation in cost...
- Q b) Calculate the annual depreciation for the machine. [4 Marks] c) Prepare the necessary journal entries to reflect the purchasing, depreciation and disposal of the...
- Q Question 5 of 9 ./11.1 View Policies Current Attempt in Progress Waterway, Inc. uses the dollar value LIFO method of computing its inventory Data for the...
- Q Glassworks Inc. produces two types of glass shelving, rounded edge and squared edge, on the same production line. For the current period, the company reports the following data....
- Q QUESTION 2 (30 marks) Forever Fit (Pty) Ltd is a chain of fitness studios situated in the Western Cape. You have been presented with the trial balance of Forever Fit...
- Q On January 1, 2017 Global Manufacturing purchased a machine for $940.000 The company expected the machine to remain useful for ten years and to have a...
- Q 1. Given the following data, calculate total product costs, and total period costs, respectively? Direct Materials (DM) cost, $300,000; Direct Labor (DL) cost, $280,000; Factory Depreciation...
- Q subject -Income taxation( please do the calculation and get the correct answer for 1-3) show works. please note marked answer possibly wrong. thank you Questions...
- Q Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] Viking...
- Q Income Statements under Absorption Costing and Variable Costing Fresno Industries Inc. manufactures and sells high-quality camping tents. The company began operations on...
- Q need help please Jan 17 Sold inventory to Randy Viller, \$700, on account. Ignore cost of goods sold. Jun 29 Wrote...
- Q Which of the following costs should be capitalized as a betterment Replacement of the engine for the company's transport truck Installation costs for a new roof...
- Q QUESTION 2020 Marks) From the following information relating to...
- Q View Policies Current Attempt in Progress Concord Corporation's accounting records reflect the following inventories: Dec 31, 2020 Dec 31, 2019 $310000 $260000 Raw materials Inventory Work...
- Q question 12 An aging of a company's accounts receivable indicates that $5150 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a...
- Q Listed below are selected transactions of Cheyenne Department Store for the current year ending December 31 1. On December 5, the store received...
- Q On July 1. 2019. Farm. Fresh Industries purchased a specialized delivery truck for $225.000. At the time, Farm Fresh estimated the truck to...
- Q The Harding Company manufactures skates. The companys income statement for 20XX is as follows I need help finding the answer for c-2. Using your answers to a. and b. calculate...
- Q Question is very clear, my instructor solved it P12.13A (LO 2, 3, 4, 5, 6) AP On March 2, 2020, Zoe Moreau, Karen Krneta, and...
- Q Units sold Sales Variable costs Fixed costs Actual 35,000 $ 400,000 230,000 148, 125 Master Budget 40,000 $ 460,000 275,000 140,000 Required: 1. What was the actual operating...
- Q 18. (1 point) Camden Company reported a favorable direct labor rate variance of $1,443 and an unfavorable direct labor efficiency variance of $968 in July. During...
- Q Clear my choice [The following information applies to the questions displayed below.) an The financial statements of Seldin, Inc. provide the following information...
- Q Pratt Company acquired all of the outstanding shares of Spider, Inc., on December 31, 2021, for $488,900 cash. Pratt will operate Spider as...
- Q nment: Assignment: Chapter 15 Marketing Communications Assignment Score: 0.001 Save Submit Assignment for Grading Lions la9mc13h.Ch15.08m Question 8 of 25 Check My Work (2 remaining) Verizon...
- Q HW12#12: RATIO ANALYSIS USE RATIO TO EVALUATE COMPANIES SOLVENCY: Financial Information, for Nike Corporation and New Balance Corporation is presented from their 2017 annual...
- Q During the past year, United Memories sold 150,000 units. Each of these units was sold at a price of $75. At the end of the year, the accounting...
- Q help asap!!! On January 1, Year 1, Bacco Company had a balance of $69,600 in its Delivery Equipment account. During Year 1. Bacco purchased delivery...
- Q I'm trying to figure out the NPV using 10 percent discount rate. Added the table I've filled out already to help. Thank you! nformation...
- Q Q. No.5: You are working for M/s Sunshine Textile Industries, In the current scenario of covid19, international market (Buyer) is totally unstable and back off their already committed...
- Q Hello, In the following question, I am unsure of how to calculate the paid-in capital for the common stock questions when the stocks are no-par. Would you help me with...
- Q Question 4 [50 points] w Gulf Corp. began operations on March 1, 2014. The transactions for the first month follow. a. A shareholder paid...
- Q Exercise page 20 PT. Sumber Sandang is a producer of men's shirt which is located in Bandung. In order to make a company budget for year...
- Q The financial statements of Culver Ltd. include the following items at December 31, 2025. The financial statements of Culver Ltd. include the following items at December 31, 2025....
- Q Question 3. Meat material (15% protein, 20% fat, 64% water and 1% inert, insoluble solid),5 times the mass of fat it is attached with solvent. In...
- Q Upon review of Make Your Mark, Inc.'s Statement of Cash Flows, the following was noted: Cash Flows from Operating Activities $15,000 Cash Flows from Investing Activities...
- Q repairs requiring $170 of parts and $95 of labor
- Q Initial sale price of common stock Hudson-Perry Recordings Inc has one issue of preferred stock and one issue of common stock outstanding. Given their stockholders' equity account...
- Q Sheridan Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per...
- Q The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. The entries for the first transaction are labeled...
- Q The conceptual framework Indicates the desired fundamental and enhancing qualitative characteristics of accounting information Several constraints impede achieving these desired characteristics. Answer...
- Q Sophco Inc sells products that come with a warranty. In the past management has found that 2% of the products have been returned for replacement. In the month...
- Q please , I need help ! Thank you Patrick Corporation acquired 100 percent of O'Brien Company's outstanding common stock on...
- Q Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor...
- Q Nelson Company experienced the following transactions during Year 1, its first year in operation. 9 & 003525 1. Acquired $9,600 cash by issuing common...
- Q Required information [The following information applies to the questions displayed below.] In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara...
- Q Question 6 of 16 0.67/1 Bridgeport Construction Company began work on a $418.500 construction contract in 2020. During 2020, Bridgeport incurred costs of $285,500,...
- Q Problem 16-71 (Static) Find Actual and Budget Amounts from Variances (LO 16-5, 6) J&W Corporation manufactures a new electronic game console. The current standard cost sheet for a...
- Q Depreciation Methods On January 1, 2023, Loeffler Company acquired a machine at a cost of $554,000. Loeffler estimates that it will use the machine for 4 years or...
- Q Below is a partial adjusted trial balance for Cooper, Inc. at December 31, 2017. Cooper, Inc. December 31, 2017 Debit Credit Sales revenue 700,000 60,000 110,000 Interest...
- Q At Gems in the Rough, a jewelry company, the engraving department is a bottleneck. The company is considering hiring an extra worker, whose salary will be $55,000 per...
- Q Sigmund's share of assets of a partnership are as follows: The partnership has no liabilities and Sigmund's tax capital account is the same as the basis of his...
- Q Paul's Pool Service provides pool cleaning. chemical application, and pool repairs for residential customers. Clients are billed weekly for services provided and usually pay 70 percent...
- Q On January 1, 2021, Byner Company purchased a used tractor. Byner paid $5,000 down and signed a noninterest-bearing note requiring $32,000 to be paid on December...
- Q The Shirt Works sells a large variety of tee shirts and sweatshirts, Steve Hooper, the owner, is thinking of expanding his sales by hiring high school...
- Q -ELP (FL/TXI Northwest Linema. 4 Wildwood Travel Trailers Forest River RV - Manufacturer of Yr M Connect ework Saved Help Save & Exit Check my reyn...
- Q please be surr to make it where I can see it all! Thank you! The stockholders' equity section of the balance sheet for...
- Q Please find the missing numbers in the chart, thank you! I'll make sure to give it a thumbs up! Fixed Costs Total Costs Profit a. Total Revenues Variable...
- Q a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $112,000 cash for...
- Q Gateshead Industries manufactures a single product and started the year with no inventories. Selected information about results for the period just ended include the following: Actual...
- Q a.r starting balance 3245.77 c. Fetruacy 15, depoint of 1397.30 e. February 22 , deposit of $20.00 9. March 3, debe card purchase-tires, $235 io
- Q Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Department Total Linens Sales Variable expenses Contribution...
- Q 5. KMVX corporation declared two types of Dividends to its shareholders. On July 1, 2022 it declared cash dividends of 50 Cents to be paid to...
- Q 6. Below is the slope field of a mystery 1" order DE. 4pt a. Is this the slope field of an autonomous DE or a non-autonomous...
- Q On January 1, 2018, Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, a stated interest rate of 3 percent paid annually on December 31, and a...
- Q To ofler scholarships to children of employees, a company irvests $11,000 at the end of every three months in an annuty that piys 115% compounded quarterly...
- Q ILL UPVOTE 100%!!!!! Incorrect Question 1 0 / 2.5 pts Genovia Corp. had the following on December 31, 2020: Cash on hand (physical bills in a safe): $9,000...
- Q Why did Altria report a loss in the third quarter? Schedule 1 ALTRIA GROUP, INC. and Subsidiaries Consolidated Statements of Earnings For the Quarters Ended September 30, (dollars...
- Q K,L M THANKS! k) The bonds were issued at a discount of $15,000 and the effective rate is 2%. 1) Each $1,000 bond can be...
- Q Required Information (The following information applies to the questions displayed below.] Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 95,000 Preferred stock-5% cumulative, $__ par...
- Q pls answer Solar Question 2 (30 points) Yosa Ltd manufactures chocolate products and sells through a number of wholesalers. You are given the following information:...
- Q eco 59 Which of the following is NOT a characteristic of nontariff measures? O A. Nontariff measures are relatively rare and do not have a significant...
- Q Credit Losses Based on Accounts Receivable Hunter, Inc., analyzed its accounts receivable balances at December 31, and arrived at the aged balances listed below, along with the...
- Q Brief Exercise 11-14 Metlock Ltd. is a publicly listed company following IFRS. Assume that on December 31, 2017, the carrying amount of land on the statement of financial...
- Q Despite the increased effort for businesses to create both a Code of Conduct and a Code of Ethics for business decisions Multiple...
- Q Total Sales (31,000 units) $186,000 Variable expenses 93,000 Contribution margin 93,000 Fixed expenses 41,000 Net operating income $ 52,000 Per Unit $6.00 3.00 $3.00 What is the revised...
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