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Questions -
Q1. Describe four of the accounting principles and assumptions and provide an example for each principle and assumption you describe.
Q2. In this course, we covered journal entries.
A. What is a journal entry? Why is it important?
B. Give two examples of business transactions that require recording a journal entry, and write the journal entry for each transaction.
Q3. What is the difference between accrual basis and cash basis in accounting? Give an example.
company a started the year 2013 with following balances on 112013.cash 380000accounts
In 2010, the cost of a market basket of goods was $2,000. In 2012, the cost of the same market basket of goods was $2, 100. Use the price index formula.
Prepare the journal entries for the issuance of the bonds. Assume the bonds are issued for cash on
The employee contributes 5% of their regular wages to a Registered Retirement Savings Plan each pay cycle. Calculate the net pay for this employee
Determine the direct labor rate, direct labor time, and total direct labor cost variance for the Cutting Department and Sewing Department
Evaluate the financial risks associated with operating internationally. If your chosen company does not operate internationally, evaluate what the financial risks could be if they were to expand internationally
Question - How of calculate return on equity ratio of year 2017 and 2016? Calculate Return on equity ratio for both the years separately
the following data were obtained from a project to design a new software package activity duration predecessors
at the end of its first year of operations on december 31 2012 lad companys accounts show the following. partner
On September 10, the invoice was paid when the exchange rate was $1.75 = 1 pound. What is the entry for payment of the invoice
After the incorporation of a private limited company, its Board of Directors, primarily busy in proper functioning of the company.
During the past two years the following selected transactions occurred for Bass Boats Inc.
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