Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Unrelated to the above, on August 15, 2020 Burnaby Company consigned 100 treadmills, costing $200 each to Costco Company. The cost of shipping the treadmills amounted to $800 and was paid by Burnaby Company. On December 31, 2020, an account sales report was received from the consignee, reporting that in 2020, 90 treadmills were sold for $450 each. The consignee remitted the amount due after deducting a commission fee of 10% and advertising costs of $500.
1. Calculate the inventory value of the unsold units remaining on the consignee's property at December 31, 2020.
2. Calculate the consignor's profit on the units sold in 2020.
Smiley, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of $100,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value..
Question - A 90-day, 10% note for $10,000 dated March 15 is received from a customer on account. Compute the face value of the note
A process began the month with 3,000 units in the beginning work in process inventory and ended the month with 2,000 units in the ending work in process. If 12,000 units were completed and transferred out of the process during the month, how many ..
Prepare the appropriate journal entries for December 31, 2017, and December 31, 2018.(Round answers to 0 decimal places, e.g. 5,275.)
Analyze how the financial statements (the income statement, statement of retained earnings, balance sheet and statement of cash flows) are interrelated.
Compute basic and diluted earnings per share for 2011. What is meant by dilution of earnings per share? What is the "if converted method"?
List the barriers that prevent financial markets from becoming completely integrated and then critically review the motives for investing
Calculate the CASH AMOUNT of the Interest Payments each time a payment is made and the INTEREST EXPENSE we would record each payment
Create the journal entries that the company's accountant would prepare in 2020, assuming that the errors are discovered while 2020 books are still open.
The unrealized loss of $61,650 previously recognized as other comprehensive income and as a separate component of stockholders' equity is now determined to be other than temporary. That is, the company believes that impairment accounting is now a..
Discuss the pricing history of Square and the current financial (ratios) history - particularly a profitability analysis along with a liquidity analysis.
Accountants that have a Certificate in Public Accounting (CPA)
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd