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Questions -
Q1) Give and explain the answer: If the owner's equity is P150,000 which is 40% of the total assets, how much is the total liabilities of the business?
Q2) Explain the message below ''Accounting is a systematic process''.
Q3) Explain the message below ''Accounting is an art''.
Q4) Explain the message below ''Accounting is a service activity".
fullerton waste management purchased land and a warehouse for 640000. in addition to the purchase price fullerton made
The firm carries an average inventory of $4,800 and has an average accounts payable balance of $4.400. What is the inventory period
Giacomo Poretti lives in Milano with his wife, Chiara, in a house that they jointly own. He has worked as a professor at a well-known university.
Units Beginning Work in Process 20,000 Ending Work in Process 60,000 Total units to be accounted for 120,000. How many units were started into production
What is the difference between the sales journal and the accounts receivable master file? Why are they both important
a. Which company has the higher profit margin? b. Which company has the higher investment turnover? c. Based solely on the data given, in which firm would you prefer to invest
Patti deposits $1,500 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in 4 years?
Desired stock level is 1500 units. This stock level was in hand initially. What is optimal number of orders to be placed in the year
What competition does the company have in the current market. What filings does the company make annually and quarterly to the SEC? Why are these important
Prepare the journal entry to record the impairment loss, if any, and indicate where the loss would be reported in the income statement
On December 15, 2020, What is the petty cash fund balance to be reported in the statement of financial position as of December 31, 2020?
Calculate the annualized rate of occurrence (ARO) and annualized loss expectancy (ALE) for each risk
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