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Problem 1: How much is the input tax from purchases in a month of fixed assets in the following cases:
a. A purchase in May of Php 200,000.
b. A purchase in June of Php 1,200,00, life of the asset is 3 years.
c. Purchases in October of:
Asset No. 1 - Php 300,000 Asset No. 2 - Php 500,000 Total of Php 800,000 d. Purchase in November: Asset no. 1 - Php 900,000, useful life of 5 years Asset No. 2 - Php 500,000, useful life of 6 years Total of Php 1,400,000
On January 1, 2019, Prepare the journal entry on December 31, 2019, to record amortization for the year, assuming the straight-line method
Which produces special-order security products and uses a job order cost accounting system. Compute the Cost of direct materials used
the shoe outlet has paid annual dividends of 0.65 0.70 0.72 and 0.75 per share over the last four years respectively.
Submit your estimate of the inventory amounts immediately preceding the fire
the company cabinets that are sold unassembled through catalogues. the company initiates production of 150 cabinets
Thestockholders' equity section of Kay Corporation at the end of thecurrent year showed. Calculate the average price per share for which the common stock was issued.
Identify one (1) statistic or aspect of the transatlantic slave trade that you find most revealing about the human cost of European expansion into the New World. Slavery has been an accepted part of most societies covered in this course, though in..
Delta Corporation earned $2.50 per share during fiscal year 2008 and paid cash dividends of $1.00 per share. What was Deltas payout ratio for fiscal year 2008
Calculate the gross profit ratio, profit margin, and expenses to sales ratio for the years 2019 and 2020. calculate the inventory turn-over for 2019 and 2020.
The controller of a retail company has just had a $50,000 request to implement an ABC system quickly turned down.
How enter end-of-June adjusting entries for Cain Company. On June 1, 2019, Cain Company, a new firm, paid $4,750 rent in advance for a five-month period.
Record the sale by Balus Company of $ 125,000 in accounts receivable
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