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Accounting
Page 10
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1. If GameStop Corp chose to issue another round of corporate bonds in 2009, how much interest rate should they offer?
1 answer
asked by
BonnieB
455 views
I got this part: Briefly describe and discuss the differences between for-profit organizations and NPOs.
I'm not sure how to
1 answer
asked by
Miss Patte
419 views
Aunt Rhea Corporation
Income Statement For the Year Ended December 31, 2015 Service Revenue $ 900,000 Operating Expenses 700,000
1 answer
asked by
Daniel
834 views
Please explain how I would go about doing this.
Indicate which of the following transactions require entries to accounts used
1 answer
asked by
Miss Patte
642 views
variable cost, fixed cost, total costif .10 per min long dist calling based on 100 min, 240 min, and 540 min
1 answer
asked by
LALA
430 views
Please help
(Revenue Classification) Clark County had the following revenue sources in 2011: General property taxes $8,000,000
1 answer
asked by
Patte
409 views
The accounts payable account is a/an _______, and it has a normal ________ balance.
A. revenue; debit B. expense; credit C.
3 answers
asked by
No
2,500 views
When M. Landis invests $20,000 in the corporation in return for shares of stock, is the Retained Earnings account affected?
1 answer
asked by
Stella
391 views
The first entry to liquidate a partnership would probably include
A. a debit to Cash and a credit to Individual Assets Sold. B. a
2 answers
asked by
quick help please
809 views
Which of the following is not generally written into the articles of partnership agreement?
A. Rights and responsibilities of
1 answer
asked by
quick help please
734 views
How do i prepare a work sheet?
1 answer
asked by
Debby
371 views
Value of $40000 compounded at 5% annually for 35 years
1 answer
asked by
Roger
308 views
First, you have to categorize each transaction as financial, operating, or investment. THEN, determine if the total assets
2 answers
asked by
Char
550 views
The company rents office space and on December 1 had paid 7200 to the landlord for 12 months' rent in advance.
1 answer
asked by
Danielle
419 views
In its first month of operation, Kuhlman Company purchased 130 units of inventory for $6, then 230 units for $7, and finally 170
2 answers
asked by
Ann
540 views
On September 1, 2011, Fast Track, Inc. was started with $30,000 invested by the owners as contributed capital. On September 30,
1 answer
asked by
Jake
903 views
What is the annual capital loss deduction?
How does it apply to worthless securities?
1 answer
asked by
Patte
351 views
Can someone please help me with this?
Compare and contrast the primary purpose of the generally accepted accounting principles
1 answer
asked by
Patte
617 views
during 2016 bava corporation sold merchandise for a total of 600000 the cost of merchandise to bava was $450000 bava offers
1 answer
asked by
Larry Burton
451 views
AJNB Company purchased equipment costing 500,000 paying 20% down payment with the balance paid by the issuance of promissory
1 answer
asked by
Normie Escalante
450 views
On December 1,2016, AJNB Company commences its operation. The following transactions occured for the month of December 2016.
a.)
2 answers
asked by
Normie Escalante
699 views
How can a flexible budget answer questions about what variances are saying?
1 answer
asked by
Patte
310 views
Rented an office and paid three months rent in advance to property Management check #001 $4,500. How would this journal entry be
2 answers
asked by
Maria
581 views
Rented. An office and paid three months rent in advance to property management check $4,500.
1 answer
asked by
Anonymous
479 views
Rented an office and paid three months rent in advance to property management check $4500, how would this journal entry be
2 answers
asked by
Anonymous
537 views
Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and
1 answer
asked by
Kimmie
924 views
Herring Wholesale Company has a defined benefit pension plan. On January 1, 2016, the following pension related data were
3 answers
asked by
Ben
1,460 views
In january, a group of investors contributed $140,000 in the company in return for $70,000 shares of capital stock(no par value)
1 answer
asked by
Shaymaa
324 views
7. If the net present value of a project equals zero _______________. (Points : 1)
the project should be considered the project
2 answers
asked by
Jenny
609 views
What equation was used to get the answer in requirement 3?
Consulting to control costs. Requirement 1. Compute Draper's
3 answers
asked by
Peter
2,278 views
Davis Company was started on January 1, 2012. During the month of January, Davis earned $4,600 of revenue and incurred $3,000 of
2 answers
asked by
sammy
601 views
On 2015 January 1, Jackson Company purchased equipment for $440,000. The equipment has an estimated useful life of 10 years and
2 answers
asked by
Jala
804 views
Cupid Co. has total assets of $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of
3 answers
asked by
Anon
448 views
Cash $10,000 Accounts Payable $7,000
Accounts Receivable $6,400 Mortgage Payable $65,000 Supplies $1,500 Long-term Debt $36,000
1 answer
asked by
Veronica Salas
656 views
X has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis. In 2017, X
2 answers
asked by
Tim
730 views
Jim Hurley is an accountant for a local manufacturing company. Jim’s good friend, Mike Kotowski, has been operating a retail
1 answer
asked by
Carla
893 views
Cost flow assumptions for FIFO and LIFO using a periodic system.
Question 1. Sales during the year were 700 units. Beginning
1 answer
asked by
boonie
676 views
Is it wise to manage a company's debts by consultants or by foreigners and why?
1 answer
asked by
Meera
325 views
ABC Corp Ltd has 10 million shares and $600,000 of debt (issues bonds @ 7% p.a.). EBIT is projected to be $3 million. The
2 answers
asked by
Virlesh
534 views
1) What does the accounting profession has to offer (besides salary)
2) What are some facts/enticing details about the accounting
1 answer
asked by
Anonymous
404 views
Zell Company had sales of $1,800,000 and related cost of merchandise sold of $1,150,000 for its first year of operations ending
4 answers
asked by
Schwanna
2,673 views
A company's 25 year bonds have 6 years to maturity and currently have a market price of $1,050. Its coupon rate is 8 percent and
1 answer
asked by
Lyra
430 views
What is the value of a stock that grows at a supernormal rate of 18% for the first four years, and then slows down to a constant
3 answers
asked by
Lyra
421 views
How can I find the supernormal growth rate and constant growth rate of a stock?
V = D1/k-g V = the value of the stock D1 = the
2 answers
asked by
Lyra
513 views
What is the value of a company stock if it grows at a supernormal rate of 18% for the first four years, and then slows down to a
2 answers
asked by
Lyra
557 views
A company operates an arcade place where customers put money into game membership cards and they also accumulate points for
3 answers
asked by
Mark
453 views
I find a lot of definitions on the internet, but still confused. What is difference between
-carrying value -book value -fair
1 answer
asked by
Sana
419 views
Sections of income statement and brief explanation for each
1 answer
asked by
khanyisa
457 views
Sandhill’s shareholders’ equity consists only of common shares and retained earnings. Using the change in total
1 answer
asked by
Maya
753 views
Hiroole Supply Corp. has the following selected transactions for notes receivable.
Nov. 1 Lent $114,000 cash to A. Bouchard on a
1 answer
asked by
Maya
972 views
A company is considering replacing an old machine which had an initial cost of $100,000 and has $75,000 of accumulated
1 answer
asked by
Mike
763 views
Fender Company had the following data for four months.
Total Cost Production Units January $50,000 1,000 February$53,750 1,150
1 answer
asked by
Mike
514 views
Based on the current economic situation, what economic factors should the company analyse to improve its sustainability in the
1 answer
asked by
Susan
441 views
Assuming in ur business, d cost per oder for ur product is 4000 naira and it carry cost is 400 per unit per annum ur business
2 answers
asked by
kunfayakun
483 views
Can equipment, wages payable, and accumulated depreciation be used to prepare adjusting entries?
1 answer
asked by
Anonymous
318 views
18. What could an expanded version of the accounting equation be?
A. A + Rev = L + OE – Exp B. A – L = Paid-in Capital –
2 answers
asked by
Anonymous
558 views
How do I calculate shareholders equity from the following data?
htt ps://i mgur.c om/a/SkMTpBV I added equity share, preference
1 answer
asked by
Cookie
381 views
Determine the sections of the income statement and give a brief explanation for each section
1 answer
asked by
Ashley
343 views
Sales
September-60,000 October-60,000 Novemver-65,000 Decemver-68,000 The staffs are paid commission of 5% on all montly sales
2 answers
asked by
Rose
531 views
The entry to record Red’s purchase of 10,000 shares of its common stock at $75.00 per share includes a
A. debit to treasury
1 answer
asked by
tbell4ever
1,158 views
Rhubarb corporations outstanding stock is 100 shares of $100, 11% cumulative nonparticipating preferred stock, and 2000 shares
2 answers
asked by
Deb
864 views
Average total assets for 2009 are predicted to be $8,000,000.
(a) If management desires a 11 percent rate of return on total
2 answers
asked by
Anonymous
547 views
Jack Smith, a baker, has been working at his friend’s bakery a part time basis for the past 3 years. As of January 1, 2018,
2 answers
asked by
Kelia Kelly
995 views
Dunkin Donuts vs. Starbucks
Analyze and report on these two companies. Recommend which company’s stock you would buy and fully
1 answer
asked by
student
412 views
Accounts receivable will appear on which of the following financial statements?
Statement of changes in stockholders’ equity
2 answers
asked by
Taylor
1,358 views
Rutta company records its allowance for doubtful accounts based on 1.5% of annual credit sales. if credit sales for the current
1 answer
asked by
Joseph
691 views
Schmaltz, Inc. records its allowance for doubtful accounts based on an analysis of receivables. The current, unadjusted balance
1 answer
asked by
Joseph
454 views
Purchased inventory on credit from Horn Trading, R34 275.
Deposited cash sales for the first week, R9 000. Inventory is marked up
2 answers
asked by
Andrea
485 views
Journal Entry Help
GST rate 15% MMT Ltd. completed the following transactions and events in the first month of its operation.
2 answers
asked by
Jade
662 views
Please help me journalize the following entries.
1. On 1 July 2017 the balance of Vehicles at cost amounted to R180 000 and the
1 answer
asked by
Kagiso Relebogile Letlhatlhe
394 views
A company that uses the perpetual inventory system purchased $8,500 on September 25. Terms of the purchase were 2/10, n/30. The
3 answers
asked by
Olga
1,025 views
Find the amount of money gain from man investment of birr 800 for 3years at 8% per anum compound interest?
1 answer
asked by
Mumme Ahmad
391 views
Which of the following is a reconciling item on the bank side of a bank reconciliation?
a. both "outstanding checks" and "NSF
3 answers
asked by
Bill
1,538 views
How will the customer's bounced checks be handled on a bank reconciliation?
a. add to the balance from the company records b. add
1 answer
asked by
Bill
653 views
Could someone please help me journalize this one? I have been stuck on it all day!
Business Ltd took out a loan of $10,000 from
1 answer
asked by
Milli
422 views
On June 3, a company borrows $200,000 cash by giving its bank a 90-day, interest-bearing note. On the statement of cash flows,
2 answers
asked by
Brooke
872 views
Which of the following errors in the journal entry will not be detected by trial balance?
A:Credits are understand and debits are
2 answers
asked by
honey
1,164 views
Given the following information, calculate, in order, the amount credited and the outstanding balance.
Invoice: $1,000 Terms:
1 answer
asked by
Anonymous
1,254 views
A man invested a total of $50,000 in two companies.if these companies pay dividend of 6% and 8% respectively.How much did he
2 answers
asked by
Robotic
520 views
what is section of income statement and explanation for each section
1 answer
asked by
sbairo
269 views
On March 1, 2018, Master wear industries issued 5 years, sh 1000000 of 12% bonds, dated 1 Jan 2018, effective interest was 16%
1 answer
asked by
Sian
453 views
List the sections of the income statement and give a briefly explanation for each
2 answers
asked by
Snegugu
483 views
How would you appropriately put this in a journal entry?
Purchased a used computer (three years old) at Bestbuy. When new,
1 answer
asked by
sarah
325 views
The following information relates to Years 1 and 2 of a company that produces a single product. Actual information for those
1 answer
asked by
James
476 views
Charles, the CFO of Troy, Inc., received the following information from various experts within the company. He has asked for
1 answer
asked by
Amity
385 views
Calculate the total bid we should offer for a project with below info:
Construction material: $30/lb Material needed: 10000 lb PM
1 answer
asked by
Tim
299 views
Can someone please explain why the sales for dresses and accessories will be sold for $294,582.5? IN THE FOLLOWING LINK
I been
1 answer
asked by
Urgent Help
345 views
Purchased goods from Neupane worth Rs 30000 and partial payment of Rs 20000 was made.
Prepare ledger account.
1 answer
asked by
Baarish
408 views
Define the following;
Variable production cost per unit variable cost per unit Full cost per unit Full absorption cost per unit
1 answer
asked by
IVO TICHA
439 views
You are a new staff accountant in your first year of training within a small practice. An in-charge accountant with 2.5 years of
1 answer
asked by
Amity
390 views
1- Credit sale to shyam ₹6000 were not recorded.
2- Credit purchase from ram ₹900 were not recorded. 3- Goods returned from
1 answer
asked by
KARAN
310 views
A company's ______ include the financial statements and notes to the financial statements as well as management's extensive
1 answer
asked by
Anonymous
466 views
Which of the following is a true statement regarding interest calculation methods?
A. If a borrower receives a loan on a discount
1 answer
asked by
Anonymous
749 views
Reutter Company manufactures a single product and uses process costing. The company’s product goes through two processing
1 answer
asked by
Tomi mathew
743 views
Krollon Company uses the FIFO method in its process costing system. The following data are for the most recent month of
4 answers
asked by
Toni sanbi
2,385 views
QualCon, Inc., produces wine bottles for vintners in a process that starts in the Melt and Mold Department. Data concerning that
2 answers
asked by
Toni sanbi
815 views
Solex Company produces a high-quality insulation material that passes through two production processes. Data for June for the
1 answer
asked by
Toni sanbi
591 views
Papyrutech Corporation produces fine papers in three production departments—Pulping, Drying, and Finishing. In the Pulping
1 answer
asked by
Toni sanbi
651 views
Please check my answer and let me know how I can improve it thanks so much for your help.
1. Explain what accounting is, and why
2 answers
asked by
Lu
513 views
debited J.stols with commission for services rendered on this behalf for R200
1 answer
asked by
nono
306 views
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