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Problem - AB Corporation has a contract to sell 50,000 boxes of chocolate to a customer for P 20 million or P 400 per boxes over a three-month period. After the delivery of 30,000 boxes, AB modifies the contract by promising to deliver additional 10,000 boxes of Chocolate for an additional P 3.6 million or P 360 per boxes. AB regularly sells the products separately. How much revenue is to be recognized if AB delivered 15,000 boxes of chocolate to satisfy the original obligation?
Financial Statement Analysis" Please respond to the following:From the first e-Activity, compute the percentage difference between the two companies with respect to operating, investing, and financing activities, and interpret the results. Discuss ho..
How much is the total liabilities, How much is the total equity
In the chapter, two stories about the deficit are told: "the great place to invest" story and the "foolishly saving too little" story.
A. James whose accounting period ends on 31st March each year has the following transactions in Government Stocks. (1) "A" Government 6% Stock.
Please help with study guide from accounting II, discuss the development of standard costs, static versus flexible budgets
On March 1, 2019, Abbey and John Formed a partnership. Prepare the journal entry to record the contribution of each partner. Prepare the Balance Sheet
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Explain how MMPL will recognise the revenue arising from Annie's purchase of this promotion package using the five-step model from FRS 115 Revenue
PC, Inc. is a parent company of two subsidiaries, BMS, Inc. (BMS) and CYT, Inc. (CYT). Calculate the flexible budget variance for sales revenue
Estimate the value of the inventory destroyed in the fire using the gross margin method
Salaries and wages earned - $69,350, Employee income taxes withheld - $11,437 and FICA taxes withheld - $5,180. What is the total labor cost
Develop three strategies to promote productive, innovative practices. How would such strategies cater to innovative engagement and the development of new ideas?
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