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The Vivianne Manufacturing Company received its bank statement for the month ending May 31. The bank statement indicates a balance of P32,400. The cash account as of the close of business on May 31 has a balance of P8,350. In reconciling the balances, the following items are discovered. (a) Collection by bank of note for P1,500 less collection fees of P250. (b)Deposits in transit, P51,000. (c)The bank charged the depositor P800 for overdrafts. (d)Checks outstanding on May 31, P79,100. (e)A canceled check issued to Putty Corp. for P4,500 was not recorded on Vivianne Company's books. Problem 1: Prepare a bank reconciliation statement.
Discuss What are the healthcare administrator for an actual non-profit clinic, home health agency, or outpatient surgery center.
In the Klugman Company, indirect labor is budgeted for $36,000 and factory supervision is budgeted for $12,000 at normal capacity of 80,000 direct labor hours. If 90,000 direct labor hours are worked, flexible budget total for these costs is
If the stock is trading for 30 dollars, N(d1) = 0.5, N(d2) = 0.4, and the risk free rate is0.06, what is the value of the call option?
Ms. Takase is the sole shareholder of Takase Ltd. She owns 2,500 shares with a PUC and adjusted cost base of $400,000, and a fair market value of $1,000,000. Ms. Takase will report a capital gain of $600,000 as a result of her deemed disposition. Th..
For each of the preceding situations, prepare in general journal form the appropriate adjusting entry to be recorded on March 31, 2016
Simultaneously with the capital payments, it also pays annual interest. Find the total amount of interest and capital that the company must pay in fourth year
Solely on the basis of the above information, what is Empire's net cash flow from operating activities? prepare its statement of cash flows.
A complete physical inventory of the company's office furniture has recently been taken. Identify control environment factors that affect the company's internal control
What is your assessment of The Walt Disney Company's financial and operating performance using 3 Key Financial Ratios and the contribution
Break-even-analysis - Contribution Break-even and Margin per unit margin ratio in Units
Zero Coupon Bonds [LO2] Suppose your company needs to raise $ 45 million and you want to issue 30- year bonds for this purpose. Assume the required return on your bond issue will be 6 percent, and you're evaluating two issue alternatives: a 6 percent..
In 1988 the US gross domestic product (GDP) increased to $4.90 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the escalated (current) dollar percent increase in GDP? What was the..
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