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on 1st January 1988 red of quetta consigned to blueof Karachi goods for sale blue is entitled to commission of 6% oninvoice price and 20% of any surplus price realized. Goods costingRs.18000 were consigned to blue of Karachi at invoice price ofRs.22500. the expenses of consignment amounted to Rs.1800 wereincurred by red. On 1st march, an account saleswas received from blue showing that he had affected sales ofRs.18500 in respect of 75% of the quantity of goods consigned tohim. His actual out of pocket expenses were freight in Rs. 180 ,fire insurance Rs.90 and other expenses Rs.230, blue accepted abill drawn by red for Rs.10000 and remitted the balance incash.
Reuired: prepare the consignment account in the books of consigner.
Using information, complete the worksheet on the subsequent page for Mann's Copy Shop for the month of September you have to prepare for the month ending 30 th September, 2008:
Write a personal reflection journal on the recorded Employability / Career Development Toowoomba campus presentation provided on the ACC1101 course homepage.
Determine the predetermined overhead rate that will be used during the year and determine the unit product cost of one pound of the Kenya Dark coffee and one pound of the Viet Select coffee.
What are the equivalent production units for materials, labor, and overhead, respectively, what is the total cost to be accounted for and what are the unit costs of materials, labor, and overhead, respectively?
How might this change influence their company brand or the customer's perception of their brand? Will they be appealing to a different market by offering yacht anchors?
Compute the predetermined overhead rate, using direct labor dollars as the allocation base and record the entries for all costs and revenues in T accounts and verify the ending balance in the Work in Process Inventory account.
Evaluate the amount of income assigned to the noncontrolling and controlling interest
Evaluate that the degree of operating leverage is 2.90. The output rises to 78,000 units - Find what will the percentage change in operating cash flow ?
There were no other errors or corrections. Ignore any tax considerations - evaluate the total net effect of errors on Mystical's 2013 net income?
What is the balance in Dowell's lease liability? An amortization schedule will be helpful in determining this amount.
Create a bank reconciliation dated 30 th June, 2012 and prepare any entries required to make the books correct and complete.
Cost-volume-profit analysis cannot be used if which of the following occurs and eveluate the margin of safety expressed as a percentage of sales?
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