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!
Your mother, who is an OFW, is coming home in six months. The last time you spoke to her via online video call, she asked you to suggest three small businesses to invest in. She said that she has allotted P500,000 as capital that would be divided between the three businesses that you will recommend. You scribbled some possible businesses and came up with the following options: Possible Business 1. Barbershop Estimated Initial Capitalization P 180,000 2. Beauty parlor 3. Buy and sell of ready-to-wear clothes 140,000 75,000 4. Carinderia 90,000 5. General merchandise store 150,000 6. Milkshake business 75,000 7. Pizza stand franchise 8. Siomai stand franchise 120,000 9. Small bakery 10. Small grocery store Draft an e-mail for your mother containing the following:
1. The top three recommended businesses that you would recommend to your mother.
2. Give at least three reasons as to why you chose the business you have recommended, which include your opinion on which you think would be most profitable, feel free to quantify your opinion if you wish but this is not necessary.
3. Give at least two disadvantages for each business recommended.
Prepare adjusting entries required of financial statements for the year ended (date of) December 31, 2018. (Assume that prepaid expenses are initially recorded)
How each of the items listed would be handled when preparing a bank reconciliation as at June 30, 2021. Outstanding checks from the current month amounted
Compute the annual depreciation expense for each year until this equipment becomes fully depreciated under each of the depreciation methods
Identification of Current Liabilities, Contingencies and Commitments LO3 P 1. Listed below are common types of current liabilities, contingencies, and commitments: For each of the following statements, identify the category above to which it gives ri..
What is the present value 30 years from now (when the couple retires at age 65) of the $200,000 yearly payments received during retirement?
Prepare a statement of comprehensive income for the year ended 31 December and a statement of financial position at that date
Which describe Madison's misconceptions regarding consideration of fraud in audit of Fortitude's financial statements that are contained in the conversation
Markham Corp., Interest is payable semi-annually on April 1 and October 1. How much did Markham receive from the bond issuance?
Make the entries incidental to the admission of Dennis who invests P30,000 for 1/3 interest in the partnership with total capitalization of P150,000.
Bill and Darlene plan to go into business together. They anticipate losses in the first two or three years, which they would like to use to offset income from other sources. They also are concerned about exposing their personal assets to business lia..
$300 of merchandise received from PW Co. is damaged, Sauk returns the goods. What entry is written to recognize the return?
Analyze the above transactions in terms of their effect on the elements of financial statement and Prepare financial statements for the business for the month
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