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Question - Neeta and Sumita are partners sharing profits and losses in the ratios of 2:1. They admit Reeta as a partner for 1/4th share. Reeta pays Rs. 50,000 as capital but does not bring any amount for goodwill. The goodwill of the new firm is valued at Rs. 36,000. Give Journal entries.
What is the equipment net present value?A piece of equipment has a cost of $25,000. The equipment will provide cost savings of $4,500 each year for ten years
The price per unit is P4,250, the variable cost per unit is P3,060. The firms required return. What is the cost of marginal bad debts under the proposed plan?
Management accounting, Explain in what ways management accountants can adapt the services they provide to the new environment?
What Total indirect costs are? Osborne Ltd manufactures a wide range of leather suitcases. The costs are expected to be incurred
Identify audit evidence that must be collected in this test above (like an example, physically evidence (mention it), or documents evidence, or etc)
What factors might affect the cost accountant's choice of process costing method? Explain. process cost report using the weighted average method
Identify the company-specific factors in point form that are absolutely critical to the success of the organization. Prepare the budget submission to Kevin.
1. A car dealer acquires a used car for $ 14,000, terms FOB shipping point.
The budgeted beginning cash balance, The desired ending cash balance is $60,000. How much will be the excess of cash available over disbursements for January?
Record the necessary adjusting entries at December 31, 2012, for Hurricane Company for each of the situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded.
Describe the major points of the article, and the reaction should demonstrate your interpretation of the article and how you can apply that knowledge.
Estimate the direct cost for Solomon Corporation. Solomon Corporation estimated its overhead costs would be $23,600 per month except for January
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