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!
Hasaz started a business that selling pillows on 1 December 2019. The following are transactions occurred during the month of December 2019: 1. Hasaz brought in RM50,000 cash and office equipment worth RM12,000 into the business. 2. Bought a car for his personal use worth RM112,000 by paying cash (business's money) of RM12,000 and signing a personal loan for the balance. 3. Sold pillows to a client worth RM7,000 and received cash of RM3,000 from the client. 4. Purchased office supplies worth RM2,000 cash. 5. Paid RM700 cash for advertising expenses for the months of December2019. 6. Sent a bill amounting RM5,000 to a client for sold pillows. Payment has not been received yet. 7. Received commission worth RM2,500. 8. Paid RM3,600 cash for employees' salary. 9. Paid RM2,400 cash for December office rental. 10. As at 31 December 2019, the office supplies used is RM400. Question 1: Show the effects of all the above transactions in the accounting equation
What cost flow assumption is used to determine cost basis when only a portion of the subsidiary shares are sold
Vaughn Company's overhead rate was based on estimates of $1,176,000 for overhead costs. Compute the total, controllable, and volume variances
sale of property received as a gift. during the current year stan sells a tract of land for 800000. the property was
Estimated inventory (units), May 1 18,100 and Desired inventory (units), May 31 19,300. Compute the number of units expected to be sold in May
For both transactions, record the journal entry that Nolan would have made. Assume cash was paid on all purchases
assume that on january 1 2014 yard waste corp. signs a 5-year noncancelable lease agreement to lease an
On August 1, 2018, Alshon Company, Prepare the Amortization Table through 7/31/21. Complete the journal entry needed to accrue interest on 12/31/18
Actual overhead costs for June were $280,000, and output was 6,000 units. Determine for June: Budgeted overhead at standard volume
Show how High Performance would report receivables on its balance sheet after all entries have been posted.
Fred Jones, one of the project's team members, has recommended using a direct installation approach. Because Hoosier Burger's information system is relatively small, he feels that the direct approach is the best installation strategy to pursue.
What is the GST, who pays it and how is it calculated when shown as a GST exclusive price and as a GST inclusive price?What are meant by the terms assets
Question - How do you define GST Receivable and Payable? Name the accounts used to prepare journal entry for this purpose
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