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Problem 1: ABC Corporation is preparing its bank reconciliation for the month of April. The bank statement showed and ending balance of P500,000, collection of a customer note by the bank of P100,000, bank service charge of P10,000, and an erroneous bank debit of P5,000 which it immediately corrected within the month. The cash in bank balance per ledger is P400,000. You determined that the entity recorded a P50,000 check payment as P5,000. What is the correct cash in bank balance?
How much would be the current service cost for the year? Fair value of plan assets, December 317,900,000. Fair value of plan assets, January 17,500,000
How to Record the journal entries for the Z-Mart sold merchandise for $1,000 and accepted the customer's Z-Mart store credit card
calculation of capital budgeting.a company has the following income statement. what is its net operating profit after
Would expect to be a higher or a lower correspondence between the net assets recognised in the statement of financial position
On December 31, Year 1, P Company purchased, Identifiable net assets method(parent company extension approach), Fair value entity method.
(Learning Objective 1: Explain the purposes of the statement of cash flows) State how the statement of cash flows helps investors and creditors perform each of the following functions:
Define plant assets and explain the different methods of calculating the depreciation. Also explain the accounting procedure for disposal of plant assets
What is the company's return on invested capital (ROIC)? Assume the company has no short-term debt. Also assume that all asset turnover, profit margin
Make a level one analysis and its variance. Mr. A have a canteen, and he predicted that he would sold 1.880 Meals at the beginning of June.
$20 million and decrease in accounts payable of $40 million. What is the net cash provided by the company's operating activities for the year?
Recommend one ethical policy that might encourage employees to report unethical behavior? What is the difference between ethics and morality?
How much does the business expect to collect from patients? How much does the business owe in total? How much of the business's assets does Gray really own?
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