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Question - A company laptop has 3 years asset life. Determine the present book value of a laptop bought in 2019 for 35,000 if the depreciation cost is php2,000.00.
Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 30 June 2019
company makes 30000 motors to be used in the productions of its power lawn mowers. the manufacturing cost per motor at
healthy products inc. uses a traditional product costing system to assign overhead costs uniformly to all products. to
The building and machinery will cost $800,000 and be depreciated over 10 years using the straight-line method with no salvage value at the end of the equipment-life.
Perry company had no short-term investment prior to year 2011. Prepare journal entries to record preceding transcations and events
Ditka must then repay the balance of the loan plus interest to GMCC. How should Ditka report the acquisition and repayment transactions in its Statement
Motivated to structure leasing agreements so that they are not recorded as capital leases. Discuss this motivation in terms of agency theory.
The Ford Motor Company employed fewer people in 2013 than it did in 1980. Is this decline in employment frictional, structural, cyclical, or some combination of these factors? What information would you need to arrive at a definite answer?
What assertions relating to trade receivables would need to tested through audit procedures. What risk are associated with internal controls
The company had owner drawings totalling $35,000 during the period. Prepare the entries to close Income Summary and the Owner's Drawings account
What would have been the desired service level if an order quantity of 142 rolls were placed when the stock on hand is 30 rolls? (Assume: amount on order
What will be the double entry if customer cancelled order which already paid through credit card but order was damaged and delivered to the customer?
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