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!
You are the auditor visiting Brown Machine Co. to review its December 31, 2012 inventory and to prepare the necessary adjustments to the books. Brown has done the book to physical adjustment, but the 2012 books are still open until the audit is complete. You discover the following items. For each situation, tell me what "US" entry you would make. If no entry is needed write "no entry". 1. Inventory in the amount of $10,000 was received on December 31 after the count. The invoice was received and recorded on December 30. 2. Materials costing $28,000, shipped to us fob destination, were not entered into A/P until early January. The materials were in a railroad car on our premises at year end, but were excluded from the count. 3. Included in the count is inventory costing $18,000 that was sold to a customer fob destination on December 31 after the physical count. The customer received the goods on January 5. The A/R dept booked it as a sale for $23,000 on December 31.
From the standpoint of the stockholders of a company, the ratio that measures the overall performance of a company would be calculated using which of the following?
Discuss a possible negative managerial scenario that the regional manager may be sensing. Might the manager of Store 9 be an exceptional manager? What are the ethical implications of the scenario?
five hundred shares of stock were originally purchased for 30 per share and are being held as trading securities. the
In June, the Filbert Company established a petty cash account with a $200 balance. During June, the following expenditures were made from petty cash
Patrice sells a parcel of land for $50,000 cash and the buyer assumes Patrice's liability of $7,000 on the land. Patrice's basis in the land is $40,000. What is the gain or loss she will recognize on the sale?
Spotech Co.'s budgeted sales and budgeted cost of sales for the coming year are $212,000,000 and $132,500,000, respectively. Short-term interest rates are expected to average 5%. If Spotech could increase inventory turnover from its current 8.0 ti..
Explain how both small and large organizations can benefit from budgeting. Explain why a company can show it has a substantial amount of revenue and yet not able to pay its current liabilities?
Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour.
amr corporationnbspparent company ofnbspamerican airlines reported the following for 2009 in millions.service
horton enterprises issued 100000 10-year 6 bonds payable on 11. interest is payable each 6 months 11 and 71. the
Determine the maturity date, interest at maturity, and maturity value for a 90-day, 10 percent, $36,000 note from Archer Corporation dated February 15.
1.on august 31 jenks co. partially refunded 180000 of its outstanding 10 note payable made one year ago to arma state
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