Accounting question and answers for September 09, 2023
- Q Describe the principle of seggregation of duties and give at least two examples of each of the functions that need to be separated.
- Q La nica inversin de capital requerida para un proyecto pequeo es la inversin en inventario. Las ganancias de este ao fueron de $9,800 y el inventario aument de $5,100 a...
- Q Las siguientes cantidades se informan en el libro mayor de Mariah Company: Activos $78,000 Pasivo 44.000 Ganancias retenidas...
- Q Based on what we know about so far about job order costing vs. process costing, do you think the organization can implement a hybrid costing system? This is where the...
- Q Events Affecting the Year 1 Accounting Period Acquired $61,000 cash from the issue of common stock. Purchased $1,400 of supplies on account. Purchased land that cost $20,000 cash....
- Q Casey borrowed $2500 from the bank for 11 months. The bank discounted the loan at 5%. How much was the interest? $ State your result to the nearest penny. How...
- Q Define the three basic business organization structures (sole proprietorship; partnership; and corporation) and discuss advantages and disadvantages as to taxation, protection from legal liability and access to capital. Specifically comment...
- Q 2. The Precision Door Company sold 2,200 doors during 2018 at $160 per door. Its beginning inventory on January 1 was 130 doors at $56. Purchases made during the year...
- Q Betsy Company sells a single product. They want to make a profit of $53,398 Unit Variable costs = $18 Unit selling price is = $21 Fixed costs = $15,683 How...
- Q For requirement 2 use data of COMFY PILLOWS. Disregard the fact it says fluffy pillows %) 9endsum2 (similar to) Question Help The following...
- Q On January 31, a SAR 2 per share cash dividend is declared on Ibrahim, Inc.s 10,000 common shares outstanding. The dividend will be paid on March 30 to stockholders of...
- Q A car costs $30,000, and you have the option to pay upfront or take a 4-year loan at an interest rate of 5%. Calculate the loan payments and compare the...
- Q ABC and XYZ are identical except that ABC uses the first-in-first-out (i.e., FIFO) cost-flow assumption when accounting for its inventory whereas XYZ uses the last-in-first-out (i.e., LIFO) cost-flow assumption. In...
- Q Hilton Inc. sells a product for $48 per unit. The variable cost is $32 per unit, while fixed costs are $23,552. Determine (a) the break-even point in sales units and...
- Q On February 28, 2020, Alpha Corporation acquired 90% of the outstanding common stock of Bita Company for $500,000 cash. Out-of-pocket costs of the business combination paid byAlpha on February 28,...
- Q When a lessee makes an entry at the beginning of a lease, which of the following are included in the amount that will be recorded as both a right-of-use asset...
- Q is arbatse compari plen to serit in Qcticter! 12sinmen senxan 112in ment marevin
- Q Winter Sports manufactures snowboards. Its cost of making 1,880 bindings is as follows: (Click the icon to view the costs.) Read the
- Q The standard unqualified report is issued when the auditor has gathered sufficient evidence, the audit has been performed in accordance with PCAOB standards, and the financial statements conform to GAAP....
- Q Thomas Martin receives an hourly wage rate of $24, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the...
- Q Comparative inancial statements of incollow The cow the income Click the cow the balance sheet...
- Q When can life insurance proceeds be excluded from gross income? Short Answer Toolbar navigation B I S ==
- Q Ginobili has forecast sales to be $112,200 in February, $154,500 in March, $160.200 in April, and $178,500 in May. The average cost of goods sold is 70% of...
- Q Cules de estas son etiquetas personalizables que los clientes pueden asignar a las transacciones de su eleccin? Patas Etiquetas Puntos Grupos
- Q Verizone, T- Mobile, AT&T 2. state their fortune 500 ranks for the years 2016, 2015, 2014. with citations/references 3. describe each company briefly in two sentences. 4. obtain their S&P...
- Q Providing employees a name badge with a photo and access cards to gain entry to the facility is an example of a(n) ...
- Q if contribution margin per unit decreases selling price per unit and total fixed cost remain constant break even point in units will a. constant b. increase c. vary d. decrease
- Q CDPHP is interested in analyzing social media to find out about the most recent trends corresponding contagious diseases. 1. identify the stakeholders (at least 5 stakeholders) with a short description...
- Q Splish has the following inventory data: Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July
- Q Following are account balances (In millions of dollars) from a recent FedEx annual report, followed by several typical transactions. Assume that the following are account balances on...
- Q Current Attempt in Progress Sunland Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available \table[[,Units ,Unit...
- Q The Saint Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of Saint Lucia. The...
- Q The comparative balance sheet of Cromme Inc. for December 31, 2016 and 2015, is shown as follows: 1 Dec. 31,...
- Q P.L. and O are partners with capital balances of $50,000, $30,000 and $20,000 and who share in the profit and loss of the PLO partnership 30%,...
- Q En un mnimo de 175 palabras: Describa una situacin que requerira que un auditor emitiera una opinin no modificada sin un informe estndar. Describa una situacin que hara...
- Q Bonita Industries had 302000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January 1, 2021, Bonita issued 402000...
- Q Discuss the assumptions and predictions that are made during the budgeting process, specifically outlining two (2) that a company needs to consider when preparing the budget.(example) Discuss under...
- Q Anchor Machining experienced the following events during 2016 1. Started operations by acquiring $100,000 of cash from the issue of common stock 2. Paid $12,000 cash...
- Q Exercise 16-3 The ledger of American Company has the following work in process account. Work in ProcessPainting 5/1 Balance 3,790 5/31 Transferred out ? 5/31 Materials 5,790 5/31 Labor 2,830...
- Q Los gastos generales presupuestados para Harrington Company a una capacidad normal de 30 000 horas de mano de obra directa son de $4.50 por hora variable y $3 por hora...
- Q Products cost can refer to expenditures necessary to finish products and to the administrative support during the time period. True or False
- Q do the onces that have "x" in it 20. Update the Departmental Budget Comparison 2021-2025 combo chart in the range A15:G36 as follows: a....
- Q P5-1A Kern's Book Warehouse distributes hardcover books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. At the...
- Q 1) In January 2012, Pasqual Enterprises purchased a two-year insurance policy costing $1,000. It debited Insurance Expense, and credited Cash. The company made no adjusting entries at the end of...
- Q describe the federal government's response to Civil Rights Movement
- Q Keating Co. is considering disposing of equipment with a cost of $52,000 and accumulated depreciation of $36,400. Keating Co. can sell the equipment through a broker for $35,000...
- Q In what circumstances is the IRS method for allocating expenses between personal use and rental use for second homes more beneficial to a taxpayer than the Tax Court method?
- Q On July 5, Fat Tires Ltd. borrowed $11,000.00 with an interest rate of 4.3%. The loan was repaid in full on October 2, with payments of $2900.00 on August 6...
- Q please tell answer
- Q Frankie's Chocolate Co. reports the following information from its sales budget: Expected Sales: July $ 92,140 ...
- Q Derricks Donuts wanted to determine the Static Audpet Variance for his company. The budgetary information is as follows: Master Budget: 5170,000 Flexible Budget $210.000...
- Q Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine...
- Q 12:10 PM Sun Feb 21 48% bbhosted.cuny.edu ---Private Question 2: 30) Journalize the following transactions for Malone Custom Furniture Manufacturing (omit explanations): Post the entries (Debit...
- Q If a partner who retires from a limited liability partnership receives an amount of cash less than the partner's capital account balance: a. Bonuses should be allocated to the continuing...
- Q AMP Corporation (calendar-year-end) has 2023 taxable income of $1,900,000 for purposes of computing the 179 expense. During 2023, AMP acquired the following assets: (Use MACRS Table 1, Table...
- Q Cullumber T Corporation is comparing two different options. Cullumber T currently uses Option 1, with revenues of $81,000 per year, maintenance expenses of $6,200 per year, and operating expenses...
- Q complete t accounts with correct ending balance ...
- Q d. is equal to zero. A stock's beta equal to 2 would imply that Select one: a. buying the company's shares is less risky than buying...
- Q On January 1, Canglon, Inc., issues 10%, 5-year bonds with a face value of $150,000 when the effective rate is 12%. Interest is to be paid semiannually. Assume Canglon uses...
- Q The tax liability of a corporation with ordinary income of $ 1500,000 is _____ Range of taxable income marginal rate 0 to $ 50,000 15%...
- Q Berg Dry Cleaners has determined the following about its costs: Total variable expenses are $41,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $50,000.Determine...
- Q Samsung Electronics' sales have fallen. To analyze the problem, select two accounting subjects from the financial statements you want to look at and explain why.
- Q Perform a horizontal analysis for Mazzic Inc. Use 2020 as the base year. Do not enter dollar signs or commas in the input boxes....
- Q i need total profit and total required. Additional Constraint 1: Additional Constraint 2
- Q The risk-free rate of return Select one: a. is made up of the time preference rate and the expected inflation rate. b. is determined by the...
- Q Submit a thread of at least 400 words on an accounting estimate made by management and how a fraud could be a risk in making this estimate.
- Q 1. Discuss the following terms as they relate to the presentation of cash-flow information: i. Liquidity ii. Solvency iii. Financial flexibility
- Q UMET Co. purchased equipment on January 1, 2020, at a cost of $600,000. The equipment is expected to have a service life of ten years, or 50,000 hours, and a...
- Q A manufacturer presents the following partial records for its current accounting period: actual direct materials costs 32100 and actual direct manufacturing labour costs 26500. The actual manufacturing overhead costs incurred...
- Q CHINESE TO PINYI... 16 &... W Do Androids Drea... [The...
- Q How is the 2,615,000 in purchases (part 2) determined? https://www.chegg.com/homework-help/questions-and-answers/exercises-income-statement-balance-sheet-relationship-exercise-1-mason-s-incorporated-000s-q54289348
- Q help!!!thanks Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hours per night, plus...
- Q example situations of physical barrier physiological barrier psychological barrier
- Q Question 1921 pts On 6/1/2021, Julian took out a $100,000 cash-out refinance mortgage loan on his primary residence. He used the $100,000 to go over a vacation and buy an...
- Q which stakeholders directly benefit from an operations profit and how? (500 words)
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