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 - The big pen store supplies pens to the public. The following transactions took place during the month of May 2021:
14 May: Sold goods on account to Susie's pen store for $3,600, terms 2/10, n/30. The cost of goods sold was $2,800.
16 May: The business forwarded a credit note for $280 to Susie's pen store covering part of the goods sold on 14 May which cost $250, and were returned by Susie's pen store as a wrong title.
22 May: The big pen store received a cheque from Susie's pen store in full settlement for the above transactions.
Required -
1. Using the perpetual inventory system, record the above transactions in the general journal of The big pen store. Narrations are not required.
2. Discuss the advantage of a perpetual inventory system over the periodic inventory system.
1.Bavarian Bar and Grill opened for business in November 2013.
jacobs inc. sold 5 year bonds having a face value of 100000 and a coupon rate of 7 when the market rate was 9. the
thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing
Detail one (1) relevant practical internal control that would mitigate the risk in relation to the assertion at risk as identified in b) above.
How would you estimate the value of "intellectual" property or comparable intangible assets? How would the type of industry affect your valuation approach
baxter corp uses a normal job order costing system with manufacturing overhead applied to products on the basis of
Which of the followings regarding stock option plans is NOT correct? Effective stock option plans could motivate employees and retain talent.
(Salary payment and accrual) During the fiscal year ended June 30, 2013, Harmon School District) paid salaries of $2,160,000, chargeable to the instruction.
Evaluate the company's short-term and long-term credit worthiness based on financial performance and trend (comparing this year to last year)
A capital gains deduction (CGD) of $50,000 was claimed in 2018 against a $50,000 taxable capital gain from QSBC shares. What is the maximum CGD in 2020
Prepare the operating activities section of the statement of cash ?ows for 2015. Use the indirect method.
The company tax rate was 30%. What is the consolidated worksheet entry on 1 July 2018, 30 June 2019, 30 June 2020
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