Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - During the year 2019, Titanic Company started a promotional campaign for the sale of its car wax product. A coupon is attached for each unit of car wax sold. For every five coupons plus P50, a customer can avail of a bottle of tire black which sells for 150. Each tire black costs the company P100. The following information relates to the sale of car wax and coupons redeemed and expected to be redeemed in the future.
2019
2020
Sale of car wax
140,000 units
200,000 units
Coupons redeemed
40,000
90,000
Coupons expected to be redeemed in the future (year-end estimates)
30,000
80,000
Required -
-How much is the transaction price allocated to Car Wax in 2019?
-How much is the transaction price allocated to Coupons in 2020?
-How much is the total revenue recognized in 2020?
-How much is the balance of the provision for unredeemed coupons at December 31, 2019?
-How much is the balance of the provision for unredeemed coupons at December 31, 2020?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd