Accounting question and answers for August 17, 2023
- Q This assessment is based on online research. Find 2 academic articles related to(Accounting)major and write an annotated bibliography for each (approximately 150 words each). You should include: Introduction Methodology Findings...
- Q Differentiate between direct taxation and indirect taxation. Please explanation in details with example
- Q Company Headquarters belongs to which level of organization?
- Q Read the requirements. Requirement 1. Prepare an effective-interest amortization table for the bonds through the first three interest payments. (Round your answers to the nearest whole dollar.) ...
- Q Discuss four "stakeholders" in accounting information. Who is the most important of a businesss stakeholders?
- Q What managerial accounting concept or procedure did you find most interesting? Most challenging? How do you see yourself using managerial accounting in the future?
- Q At a volume of 16,673 units, Ducati reported total sales revenues of $1,048,113, total variable costs of $294,868, and fixed costs of $410,953. What is the company's operating leverage? Write...
- Q A Marketing Manger has 4 subordinates and 4 tasks. The subordinates differ in efficiency. The tasks also differ in their intrinsic difficulty. His estimates of the time each...
- Q One-time-only special orders should only be accepted if
- Q Cul de las siguientes no se considerara una motivacin para cometer fraude? A. Problemas financieros personales B. Programas de compensacin de acciones C. Controles internos deficientes D. Acuerdos de deuda...
- Q Johnny Pickles Brewing Co. brews craft beer for distribution to local taverns and retail outlets. In October, the company earned $20093 and incurred the following operating costs to brew 599...
- Q Which of the following is a penalty tax that may be levied on a corporation, particularly a closely held corporation, that does not pay dividends and does not establish a...
- Q SMC, Inc. Balance Sheet December 31, 2017 Assets Cash ......................................................................................................... $34,500 Accounts receivable ................................................................................ 25,000 Inventory .................................................................................................. 10,000 Supplies ................................................................................................... 200 Total assets.............................................................................................. $69,700 Liabilities and Stockholders Equity Liabilities: Accounts...
- Q Sales total $500,000, and fixed costs total $300,000. The contribution margin ratio is 68%. Profit = $_____
- Q Pronghorn Corporation wishes to exchange a machine used in its operations. Pronghorn has received the following offers from other companies in the industry. 1. ...
- Q Make closing Entries with the given informations above.
- Q Mean Beans, a local coffee shop, has the following assets on January 1, 2023. Mean Beans prepares annual financial statements and has a December 31, 2023 year-end. The companys depreciation...
- Q 3. A gain on sale of a debt investment is the excess of the selling price over the bonds a. market price ...
- Q I started this problem but I'm not sure if I'm doing it right. Also I left some blank because I was not sure how to do them. Can you...
- Q Which of the following is one of the main factors that contribute to fraudulent activity? Financial pressure. Excessive spending Exclusivity Inefficiency
- Q South Bend Repair Service Company keeps its records without the help of an accountant. After much effort,...
- Q Crane Company makes three models of tasers. Information on the three products is given below. \table[[,Tingler,Shocker,Stunner],[Sales,$298,000,$502,000,$200,000 Citw Folcith Current Attemptin Prentrata Crane Compary makas threa models...
- Q A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to...
- Q a. 14. StartupAndFly is authorized to issue up to 5 million shares. At the formation of the company, before any of the three founders contribute money to the...
- Q Sorry about all the screenshot uploads this is the first sheet that I have done. Palisade Creek Co. Unadjusted Trial balance ...
- Q Mario and Claudia deposit $150 into their joint account at the end of each month. If their account earns 6% per year compounded quarterly, how long will it take them...
- Q AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) Year Ended December 31, 2015 2014 14.557 $ 8,658 $ 2013 8.084 $ 596 (241) 274 6,281 2,119 4,746...
- Q At the beginning of Year 1 Ms. Mushroom, an individual, purchased a 20 percent interest in Fungi Partnership for $22,000. Ms. Mushroom's Schedule K-1 reported that her share...
- Q Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses...
- Q For the year ended December 31, 2021, Norstar Industries reported net income of $655,000. At January 1, 2021, the company had 900,000 ordinary shares outstanding. The following changes in the...
- Q C4-3 Recording Transactions (Including Adjusting Journal...
- Q Durante 2018, su primer ao de operaciones, Hollis Industries registr ventas por $10 300 000 y experiment retornos por $850 000. El costo de los bienes vendidos totaliz $6,180,000 (60%...
- Q how would you define ethics? what are three factors that might affect good ethical conduct? conduct research and provide an explanation of why the Sarbanes-Ocley Act was created and how...
- Q On January 1, Year 1, Major Inc. purchased 60% of the outstanding common shares of Minor Ltd. for $105,000.On that date, Minor Ltd.s shareholders equity consisted of common shares $15,000...
- Q a. Use the spreadsheet to calculate as many of the companys profitability, turnover-control, and leverage and liquidity ratios as you can for these years (2017-2022) (See Table 2.4 on the...
- Q Un auditor concluye que existe una duda sustancial sobre la capacidad de una entidad para continuar como negocio en marcha durante un perodo de tiempo razonable. Los estados...
- Q Based on CapitaLand Investment Limited annual report 2021, how the board structure/ risk committee/ executive compensation and audit committee had executed their roles during Post covid era.
- Q of-output method. What is the amount of depreciation for the second full year, during which the machine was used 3,602 hours? Do not round your intermediate calculations. $23,431.67$11,715.83$13,565.64$14,609.86
- Q Problem 20-8 (Algo) Accounting changes; six situations [LO20-1, 20-3, 20-4] Described below are six independent and unrelated situations involving accounting changes. Each change occurs during 2021 before any...
- Q I need the incorrect balance sheet (left side) to be corrected. Can I get help walking me through this? AutoSave CA H CH 19 case study TEMPLATE FAP -...
- Q Two products, QI and VH, emerge from a joint process. Product QI has been allocated $17,300 of the total joint costs of $38,000. A total of 2,400 units of product...
- Q I need help Volkswagen AG had sales of 113,808 million, total assets of 167,919 million, and total debt of 69,380 million. Requirement 1:...
- Q Please, put all the calculation and correct solution. I need to know where you find all the number. Assessment requirements: ABC Manufacturing Limited makes one product, the Ultra2020....
- Q The accounting term that refers to copying transaction information from the journal to the ledger is termed: A. increase C. debit B. decrease D. credit
- Q Check out the table below for current minimum wages: US federally mandated hourly minimum wage = $7.25, (totals $15,080 for 52 weeks) California mandated hourly minimum wage = $9,...
- Q The balance of the Allowance for Doubtful Accounts at the beginning of the period was $17,000. Uncollectible accounts of $8,000 were written off during the period Based on sales during...
- Q Assignement Showtime Company's ending inventory at December 31, 2017, includes the following items: Product BB FM MB SL Units on Hand 22 15 36...
- Q Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year Units sold...
- Q In 2017, the Dugan Co. had net credit sales of $1,500,000. On January 1, 2017, Allowance for Doubtful Accounts had a credit balance of $32,000. During 2017, $60,000 of uncollectible...
- Q Section 2: After-Tax Analysis of the New Equipment (i.e., Challenger) Table Column Headings A: Before-Tax Market Value of the equipment. B: Annual Depreciation C: Book Value D:...
- Q A segment of a company reports the following loss for the year. All $189,000 of its variable costs are avoidable, and $95,000 of its fixed costs are avoidable....
- Q The earned income credit is a refundable credit? True or False
- Q The Saint Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of Saint Lucia. The blood bank has just finished its...
- Q Problem 3-12 Splish Company has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presented below. SPLISH COMPANY Worksheet For The Month...
- Q Why are ERP systems important to organizations? What are the typical components of an ERP system?
- Q The tax base in the Canadian income tax system is net income. True False
- Q E8-8 (Algo) Recording and Reporting Allowance for Doubtful Accounts Using the Percentage of Credit Sales and Aging of Accounts Receivable Methods [LO...
- Q The following is an excerpt from a conversation between Evan Eberhard, the warehouse manager for Greenbriar Wholesale Co. and its accountant, Marty Hayes. Greenbriar operates a large regional...
- Q Direct Materials, Direct Labor, and Factory Overhead Cost Vanance Analysis Mackinaw Inc processes a base chemical into plastic. Standard costs and actual costs...
- Q Please show working Date Activity Units Purchase Price (per unit) Sale Price (per unit) Oct 01 Beg. inventory 800 $30 Oct...
- Q Question 1 Shoe Shock Innovations manufactures athletic shoe inserts that cushion the foot and reduce the impact of exercise on the...
- Q The accounting equation is assets = liabilities + owners equity. Please explain the relationship between economic resources and claims to economic resources. Why must this equation always balance? What transactions...
- Q Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for portable DVD players are as follows: Apr. 1 Inventory 52 units @ $56 10 Sale 36 units 15 Purchase...
- Q E12-7 The following are comparative balance sheets for Mitch Company. Whomever is doing this Problem can you kind of explain how you are getting the answers for the indirect cash...
- Q How does a flexible budget based on two cost drivers differ from a flexible budget based on a single cost driver?
- Q Which of the following is true of a Premium on Bonds Payable account? a. It is added to the Bonds Payable balance and shown with long-term liabilities on the balance...
- Q Current Attempt in Progress Crane Incorporated factored \$141,100 of accounts receivable with Engram Factors Inc. on a with recourse basis. Engram assesses a 2%...
- Q Arthur, Barnett, and Cummings form a partnership. Arthur contributes $250,000 cash and Barnett contributes $230,000 in cash. Cummings contributes equipment worth $255,000. Prepare the single journal entry to record the...
- Q 44. In ne case can "market" in the lower-of estimated selling price in the ordinary eounse of ictable costs of completion and disposal ely normal profit magin. B)...
- Q Choco-Delite Cookies Company (Choco) declared a $1,600,000 cash dividend on December 15, Year 2, payable to all stockholders on record the following month. On December 31, Year 2, the company...
- Q What is net Income and why is it important?
- Q Martinez Company uses a special payroll account to pay employees. The gross amount of the payroll this week is $5,500; the net amount is $4,750. Journalize the transfer...
- Q LaRoe Lawns inventory increased during the year by $4.6 million. Its accounts payable increased by $8.5 million during the same period. What is the amount of cash LaRoe paid to...
- Q Please help me answer this question. Just give me the answers. From the list below, select the items that are classified as contributed Capital or Capital accounts...
- Q This is my last question i can post for the month so please help with all of them and ill like your response!! thank you!!! ...
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