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The following items were purchased by the agency: January 5 - 10 computer sets for P15,000/set from ABC store ; 2 sofa set for P50,000/set from Tiongsan; 50 mini calculators for P100/pc; To avoid from getting any stains, sofa covers were purchased for P50,000. All items were used upon delivery the following day January 10- due to growing health awareness, computer screens were purchased for P500/computer.
How much is the balance of RAOD-CO?
How much is the balance of RAOD-MO?
The sales and collection process generates revenues, accounts receivable, and cash flow information for a firm's financial statements. What other information do you think manager would like to collect?
Calculate the amount of sales revenue generated by Product A that would make ABC Company economically indifferent between dropping Product A
scott has 4800 that he wants to invest for 3 years. he can invest this amount at his credit union and earn 4 percent
Prepare the journal entries necessary in 2021 to correct the books, assuming that the books have not been closed. Disregard effects of corrections on income tax
Koopman Company began operations on January 1, 2009 and uses the FIFO inventory method for financial reporting and the average cost inventory method for income taxes. At the beginning of 2011, the company decided to switch to the average-cost invento..
Post the journal entries to the ledger. Make sure and fill out posting references in both the journal and the ledger. Post the adjusting entries to the ledger
The existence of this opportunity is not known to outsiders and is not reflected in the current share price. Should Sophie Pharmaceuticals make new investment
Assuming in the first year that the partnership makes a profit of $53,300, show how this profit would be allocated to partners
Prepare a memorandum to the audit manager (dated October 1) describing the audit team's options with respect to evaluating control performance for the period.
Identify a business which is an LLC and list their website in the threaded discussion. Discuss what potential legal liability the company could be avoiding by h
One of your wealthy clients, Cecile, invests $100,000 for sole ownership of an electing S corporation's stock. The corporation is in the process of developing a new food product.
Describe the approach BA uses to determine goodwill impairment losses. (Hint: see Note 19.) How does this approach differ from U.S. GAAP?
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