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Question - Christopher has a monthly commission plan where he receives 2% commission on all his sales for the month. If his sales exceeds Php 40,000.00, a bonus of 1% of everything over Php 40,000 is given to him. For sales more than Php 80,000.00 an additional 1% of everything over Php 80,000.00 is received. How much is his total commission during a month when he had total sales of Php 96,500.00?
Record the entry of daily for each of the transactions that occurred. Charged a $3,100 outstanding bill for services made last month.
Conroe is currently working on a case for Stacie Olivgra. During the first three months of 2013, Conroe logged 95 hours on the Olivgra case
List three types of goods that are classified as inventory. What characteristics will automatically exclude an item from being classified as inventory?
Han Corporation issues a bond which has a coupon rate of 9.40%, a yield to maturity of 7.75%, a face value of $1,000, and a market price of $990.
On the first day of the fiscal year, a company issues a $1,200,000, 9%, 5 year bond that pays semi-annual interest of %54,000, Journalize the bond issuance
Interest computed on the average accumulated expenditures for the warehouse construction was $50,000. What amount of interest should Liddy expense for the year?
identify which of the following are tax preferences a seven percent of the exclusion associated with gains on the sale
Discuss the accounting treatment of the depreciation on the equipment. Calculate depreciation for each year of the asset's eight-year life.
When should variances be investigated? Who should be responsible for correcting a negative variance? Why? What are some factors that can lead to variances? How can variances be corrected?
Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold
Prepare all the journal entries necessary to record these transactions in the appropriate governmental type fund(s) and identify the fund(s) used.
Pet Joy Wholesale Inc., a pet wholesale supplier, was organized on March 1. Prepare a schedule indicating cash collections from sales for March, April, and May.
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