marketing

Q: Give the journal entries of the following: Noelle Company began operations on January 1. Authorized...

A: Preference share are issued by a company to raise fund. These shares carry the following two prefere...

Q: From the information below, prepare a complete statement of cash flows for 2020 using the indirect m...

A: There are three types of activities shown on the statement of cash flows: Operating Investing Finan...

Q: How much should be recorded as cost of the new equipment acquired and as gain (loss) on exchange? *

A: In exchange for the asset, the cost of the new asset will be the carrying the value of the old asset...

Q: 6)Concord Corporation thinks machine hours is the best activity base for its manufacturing overhead....

A: Overhead costs refer to the costs which occur in operating activity in a business. It also termed as...

Q: In 2015, Charm Company purchased a P5,000,000 life insurance policy on its president, of which Charm...

A: Insurance Expenses:-It is an amount which company pays in order to ensure its assets or granting the...

Q: Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included ...

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost, a...

Q: How would I do this?

A: Working Capital=Current Assets-Current Liabilities

Q: A owes B. B assigns the credit to C. B is in good faith. It was agreed that B would be responsible f...

A: As per article 1629 of the civil code, Philippines, If the assignor has made himself liable for the ...

Q: what would the entry be to close it if the salary expense account has a debit balance of $1400

A: Journal entry: It is the duty of the accountant to record business economic and non-economic transac...

Q: PILAK Mining Company has a copper mine in Marinduque. The company is subject to the pronouncements o...

A: Journal: It is the first step of recording financial transactions. It is used to prepare the financ...

Q: Dahlia Company purchased a P2,000,000 12% face value bonds, 10 years, on April 1, 2019 for P1,964,60...

A: Lets us make journal entries to find the amortization amount. April 1st, 2019 Bond investment Dr. 19...

Q: Benoit Manufacturing Company manufactures and sells parts for various musical gadgets. The following...

A: Solution: Introduction: Contribution margin is the incremental Profit earned for the units sold by t...

Q: ABC Company uses a job-order costing system and applies manufacturing overhead based on machine hour...

A: Financial statements are statements which states the business activities performed by the company . ...

Q: At the end of the year, the owners' equity in Scott Mfg. amounted to $845,000. During 2018, the asse...

A: The accounting equation describes the basic principle of accounting as follows: Assets = Liabilities...

Q: An entity issues shares as consideration for the purchase of inventory. The shares were issued on Ja...

A: Any transaction entered into by an organization with an outside party for the purchase of goods or s...

Q: FRAUD SCHEME – PURCHASING AGENT A purchasing agent for a large hardware retailer has sole discretion...

A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...

Q: 1)Coronado Industries reported the following year-end information: beginning work in process invento...

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost, a...

Q: Scenario:   The 2020 comparative balance sheet and 2020 income statement of Maple Group Ltd, have ju...

A: There are 2 methods to calculate cash flow from operating activities:- Direct method; Indirect meth...

Q: If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $198,900, w...

A: Solution: Introduction: In Variable costing method, only variable costs are included as product cost...

Q: help

A: Bonds are described as those securities which represent the amount of debt lent to the borrower. Usu...

Q: Please assist with questions d, e and f

A: Workings: Total Contribution=Total fixed cost+Operating profit=$215,000+$65,000+$160,000+$220,000=$6...

Q: On January 1, 2017, Holland Corporation paid $8 per share to a group of Zeeland Corporation sharehol...

A: Consolidated Financial Statements - It is statements of company which have multiple subsidiaries or ...

Q: Ayayai Corporation purchased machinery on January 1, 2022, at a cost of $252,000. The estimated usef...

A: Fixed asset: It is a long-term asset used in the business for long period and is depreciated for its...

Q: Which one of the following is not true concerning the treatment of investment properties under IAS 4...

A: IAS 40 Investment Property IAS 40 Investment Property applies to the accounting for property (land a...

Q: Good day, may I have some help with requirements D,E and F in the attached picture

A: Formula Margin of Safety (in $) = Actual Sales - Break even Point Sales Margin of Safety (in unit) =...

Q: An employee earns $25 per hour and 2 times that rate for all hours in excess of 40 hours per week. A...

A: Payroll accounting involves records of calculation, recording and analysis of employees compensation...

Q: d) Calculate the margin of safety in units and in sales dollars. e) The President of Benoit is under...

A: Margin of Safety -  Margin of safety is the reduction in sales which can occur before the break even...

Q: QUESTION 4 Damian's statement of financial position shows the following totals Current asset 38,444 ...

A: Accounting equation: Assets = Capital + Liabilities  

Q: Dream Limited is engaged in the production of olive oil. Subtotals of the budgeted overheads for the...

A:   Particulars Harvesting  pressing        Direct material  80000 600000 Variable O.H 2970000 5...

Q: The interest method of amortizing discount provides for   a. Increasing amortization and decreasing ...

A: Interest Method:-It is a method where accounting standards are used to amortize or discount the valu...

Q: Which of the following formulae is used to calculate the cost per equivalent unit of production (EUP...

A: Equivalent units of production = Fully and partially completed units expressed as , % of fully compl...

Q: Gilbert Company manufactures cell phones. The conversion costs to produce cell phones for November a...

A: Formula: Equivalent units of production for conversion costs = ending Work-in-process inventory unit...

Q: Tacloban Company incurred the following costs at the beginning of the current year: cost of land, P1...

A: Step 1 If any Property, Plant and Equipment is acquired , then the following three expenses should b...

Q: Discuss the relative objectivity of the measurement process of accrual versus cash (pay-as-you-go) a...

A: Pension is the regular payment allowed for an employee after their active working life. It is a fixe...

Q: Is Red subject to the business interest limitation in 2020?

A: Business interest can be defined as the expense being paid by the business operator for the funds ta...

Q: A business has Building worth RO 5000, Cash RO 2500, Accounts payable RO 2000, unearned revenue RO 2...

A: As per accounting equation: Assets = Liabilities + Owner's Equity

Q: Zest Airlines Philippines  (FTG)                   FTG & CO. an accounting and auditing firm was...

A: The points to note from the above information. Zest Airlines contracted with LIPAD Aircraft to cons...

Q: QUESTION 3 Acompany bought a machine for £3,200. It is to be depreciated at a rate of 25% per annum,...

A: Depreciation: It can be defined as a monetary fall in the value of the asset because of continuous u...

Q: In Year 1, T, a calendar year taxpayer, decided to move her insurance business into another office b...

A: Step 1 In the United States, the adjusted accelerated cost recovery mechanism is a depreciation syst...

Q: b. If the margin of safety for Beartooth Company was 15%, fixed costs were $9,180,000, and variable ...

A: Contribution margin ratio = 100 - variable costs % = 100 - 60 = 40%

Q: The 2020 comparative balance sheet and 2020 income statement of Maple Group Ltd, have just been prep...

A: 1) The main intention of preparing cash flow statement is  to know the exact inflows and outflows of...

Q: I just need part 4 answered. Thank you!

A: Fixed Manufacturing Overhead = Manufacturing Overhead - Variable Manufacturing Overhead Fixed Manufa...

Q: Alcuin, Langwith and Halifax are firms involved in the production and sale of high-quality technical...

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...

Q: Esinam ltd has borrowed GHS2.4m to finance the building of a factory. Construction is expected to ta...

A: Answer

Q: help

A:                                                Inventory schedule (FIFO method)       Date       ...

Q: You are the new CFO of Risk Surfing Ltd, which has current assets of $7,920, net fixed assets of $17...

A: The balance sheet is the statement that shows the resources controlled by the entity and liabilities...

Q: Sky Company provided the following information at year-end: 2020 2019 Accounts receivable Allowance ...

A: Sales: Sales include a number of goods and services sold by the organization during their accounting...

Q: 76. Gannon Company had the following information at December 31:Finished goods inventory, January 1$...

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost, a...

Q: Give the last two entries (drawings and profit share).

A: Partnership is described as that kind of business under which multiple people mutually decide to ope...

Q: A cash paid for a borrowing made earlier affects which of the following accounts? a. Cash and Note...

A: Increase in cash = Cash received = Debit to cash account Decrease in cash = Cash paid = Credit to ca...