Accounting question and answers for March 18, 2024
- Q Susans salary is 44,000 and she received dividends of 600. She recieved a statement from SJ partenership indicating that her share of the partnership's income was 4,000. The partnership distributed...
- Q The following items were selected from among the transactions completed by ODonnel Co. during the current year: Jan. 10. Purchased merchandise on account from Laine Co., $390,000,...
- Q this is about spotify not Amazon. thank you. What is the decision facing Spotify? What factors are important in understanding this decision situation? What are the...
- Q Summarize the internationalization process of accounting! What are the advantages and disadvantages of this process? Discuss from the business aspect.
- Q Required information [The following information applies to the questions displayed below] Professor John Morton has just been appointed chairperson of the Finance Department at...
- Q A clothing store sells good to customer who use the store's proprietary (captive) credit card. The store estimates that 2% of the cloth will be returned
- Q what is Krogers dividend policy? why did Kroger choice this dividend policy? calculate the dividend rate over the past 5 years, why has it changed or not changed?
- Q Check my work Arctic Cat sold Seneca Motor Sports a shipment of snowmobiles that have a fair market value of $35,700. Seneca paid for the snowmobiles on January 1,...
- Q Shamrock Corporation issued the following statement of cash flows for 2022 . Shamrock Corporation Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash flows from...
- Q You are working as a subcontract bookkeeper and have been approached by a home maintenance service, to maintain financial records. What are the communication techniques you can use to reach...
- Q 7. What is the Present Value of a two year, $200 ordinary annuity, given a discount rate of 5%? * O 410 430.5 371.88 390.48
- Q calculate the present value of the note receivable suing a 15 % interest rate. ( 5 years).Using the present value of the note as the only economic benefit received, recalculate...
- Q 1 EurAverage Closing NGN206.37206.06 USD1.311.32 We have a diesel consumption in December 2022 of 2 534 000 NGN in our P&L. Could you please give us the equivalent in USD
- Q An investor purchases a 5-year, $1,000 par value bond that pays semiannual interest of $50. If the semiannual market rate of interest is 6%, what is the current market value...
- Q Kelley, inc. peovided the followhy accoumt balances for 2024 : A. 164 A1 days B. 12457 days C. 64.69 days 0. 2433 don
- Q The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts expense reports the following selected amounts: ...
- Q Zeta Corporation reports taxable income of $500,000 on its tax return. Given the following information from the corporation's records, determine Zeta's net income per its financial accounting records. Deduction for...
- Q I cannot figure out the percentage VERTICAL ANALYSIS ...
- Q Ptarmigan Company produces two products. Product A has a contribution margin of $20 and requires 4 machine hours. Product B has a contribution margin of $18 and requires 3 machine...
- Q What is the total of Tims assets if he has recorded $9,000 in liabilities and $3,000 as equity on a balance sheet?
- Q Exercise World began January with merchandise inventory of 90 crates of vitamins that cost a total of $5,850.00. During the month, Exercise World purchased and sold merchandise on account as...
- Q Question #2 You are the controller of a firm whose CEO believes that debt should always be used to finance long-term expenditures because interest is tax deductible. List and describe...
- Q Which ONE of the following is NOT taxable as employment income if received by an employee? Golf clubs received from a customer in appreciation for excellent customer service Payment by...
- Q Dual journal transactions are another form of communications. Dual entry explains how an asset was aquired, and the offset setting entry of how the asset was financed. Example: Assets maybe...
- Q On the first day of the fiscal year, a company issues a $2,000,000, 6%, 10-year bond that pays semiannual interest of $60,000 ($2,000,000 6% ), receiving cash of $2,155,893. Journalize...
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