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Question - Employees of Robert and Jesse Company are entitled to two weeks of paid vacation leave. In 2018, the employees earned 100 weeks of vacation leave and used 70 weeks. On the average, the employees are paid P 2,000 per week and the salary is expected to increase by P 200 per week next year.
1. If the benefits were accumulating and vesting, the vacation pay expense and liability shall be?
2. If the benefits were NONaccumulating and NONvesting, the vacation pay expense and liability shall be?
Discuss the importance of a cash budget and how it can be used to assess the financial viability of this capital expenditure. Explain the term working capital
Prepare the journal entry to record the impairment loss, if any, and indicate where the loss would be reported in the income statement
Both budgeted and actual revenues and expenditures are closed to the fund balance. Prepare journal entries to close the accounts.
Home office acquires branch furniture for P41,000 cash. The said fixed asset is carried on Branch Books. What is the adjusted balance of Branch Current account
jm company leased equipment from kp company on july 1 2004 for an eight-year period expiring june 30 2012. equal annual
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1. Determine the current ratio and working capital. 2. Kapinski appears to have a positive current ratio and a large net working capital. Why would it have trouble paying bills as they come due?
kaffen company a ski tuning and repair shop opened on november 1 2013. the company carefully kept track of all its cash
What is the effect of a stock dividend on a corporation's stockholders' equity accounts? Which would you rather receive as a stockholder-a cash dividend or a stock dividend? Why?
Does Angela have a contract of service or a contract for service with Stenbach Service Centre As the company's Payroll Supervisor
The Brock's spend $350 each month in support of William. This support is limited to food and utilities. William spends $850 per month on medical expenses, clothing, and tuition for a community college where he is taking classes toward a degree in ..
The cost of this policy was $3,000. What is Towson's 2018 accrual basis net income or loss? Enter a loss as a negative number.
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