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!
Questions -
Q1. If the month-end bank statement shows a balance of P36,000, outstanding checks are P12,000, a deposit of P4,000 was in transit at month end, and a check for P500 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is?
a. P27,500
b. P43,500
c. P28,500
d. P20,500
Q2. Vivian, Inc had net sales in 2019 of P700,000. At December 31, 2019, before adjusting entries, the balances in selected accounts were: accounts receivable P125,000 debit, and allowance for doubtful accounts P1,200 credit. Vivian estimates that 2% of its net sales will prove to be uncollectable. What is the cash realizable value/net carrying value of the receivables reported on the statement of financial position at December 31, 2019?
a. P109,800
b. P112,200
c. P111,000
d. P122,500
What will be the amount charged to interest expense for MEI's year-ended December 31, 20X7 pertaining to this notes payable?
explanation about the main differences between a stock dividend and a stock split.on january 1 2007 frederiksen inc.s
Which revenues and expenses reported on the income statement are adjusted to reflect the amount of cash received or expended for each item is called the
Show three partners capital balances assuming that Goodwill is to be retained in the account and Goodwill is to be written off fr.the ac
tto raise capital companies might sell bonds. this allows them to bypass lenders such as banks and go directly to the
What is the contract price (total revenue) on this contract? The Simpson Construction Company recognizes revenue over time according to percentage
Show the calculations of the figures for depreciation for each year using (a) the straight line method, (b) the reducing balance method, for this method using a depreciation rate of 35 per cent.
Equipment acquired on January 4, 2011, at a cost of $298,100, has an estimated useful life of nine years and an estimated residual value of $38,900. What was the annual amount of depreciation for the years 2011, 2012, and 2013, using the straight-lin..
Three most important developments in the creation of a new system of government between 1775 and 1825.
Obtain and review the balance sheets for three rail companies in Europe whose financial statements are prepared using IFRS. Obtain and review the balance sheets for three rail companies in the US whose financial statements are prepared using US GA..
Prepare the stockholders' equity section of the balance sheet at December 31, 2011. Include a supporting schedule showing your computation of retained earnings, at the balance sheet date. (Hint: Income increases retained earnings, whereas dividends d..
In 2014, its first year of operations, Kimble Corp. has a $770,000 net operating loss when the tax rate is 35%. In 2015, Kimble has $320,000 taxable income and the tax rate remains 35%.
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