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On January 7, 2015 Agency A acquired goods for sale for P 100,000, including a P5,000 refundable purchase taxes. In acquiring the goods, transport charges of P2,000 were incurred.
Problem 1: What is the cost of purchase?
In recent years, companies have reduced what they offer for retiree health benefits, eliminated them, or reduced their contributions toward these benefits. Why
Consider the following information for YumYum Inc. as of December 31, 2015: YumYum has a service contract with a maintenance company. The contract is for cleaning services at a rate of $3,000 per month. At January 1, 2015, the Vacation Payable accoun..
Accompany is considering considering and investment proposal,Calculate payback period average rate of return and PV profitability index @ 10% discounted rate.
Capital Asset Disclosures. Carmel County has prepared the following schedule related to its capital asset activity for the fiscal year 2017. Carmel County has governmental activites only, with no business-type activities.
Journalize the entries to record (a) the issuance of the note on January 1 and (b) the payment of the note at maturity, including interest
Should Jill's Company accept this special order? Explain why and show your calculations. By how much will profit increase or decrease?
A sporting equipment store expects to purchase $8,000 of ski boots in October. The store had $4,000 of ski boots in merchandise inventory at the beginning of October, and expects to have $3,000 of ski boots in merchandise inventory at the end of Octo..
Annual sales average at $187,400. His commission on sales is 30% and his annual base salary is $40,000. On average what is his annual gross income?
On January 15, 20 times 4, Violet Muir valued her inventory at cost. $41,000. Her statements are based on the calendar year, so you find it necessary to establish an inventory figure as of January 1.20 times 4. Calculate the inventory cost as of Janu..
on 1st april 2012 seminole company sold 21600 of its 11 percent 15-year 1000 face value bonds at 97. interest payment
Compute the current and quick ratios for each of the three companies. (Round calculations to two decimal places.) Which firm is the most liquid? Why?
What controls must have been lacking at White Electric Supply to enable the bookkeeper to steal nearly $416,000 before being caught?
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