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Question - PUGH Co. owns a branch. At the end of the month, the balance of the Allowance on overvaluation is P95,000. The branch reported the following: beg. inventories - P15,000; ending inventories - P100,000; shipments from Home Office P555,000; Sales - P800,000; Expenses - P200,000. What is the percentage of profit on cost that the Home office uses to bill the branch?
Based on the readings and your own experiences, you will explore what it means to be an "ethical accountant." What are some of the characteristics of an ethical accountant?
Westside Textiles decides to sell $832,000 of its accounts receivable to Kingbird Inc. Prepare the journal entry that Westside Textiles makes
locate the 2009 financial statements for lockheed martin corporation on the internet. reconstruct the companys adjusted
Problem - Entries for Flow of Factory Costs for Process Cost System. Journalize the entries to record the transfer of production costs
The two states with the highest home foreclosure rates in March 2008 were Nevada and Colorado (realestate.msn.com, April 2008). In the second quarter of 2008, there were 8 foreclosures in a random sample of 1098 homes in Nevada, and 6 in a sample ..
Speculate how external clients would react if they were told in advance or it was kept from them and they found out another way.
From an accounting viewpoint, explain how a stock split effected in the form of a dividend differs from an ordinary stock dividend
Calculate the amount of subscription that will be debited to the receipt and payment account for the year ended 31st march 2018
Determine if journal entries are needed to record these events in the books of Quality Meat Distributors. Write down the complete journal entries.
Nichols Company had 500 units of "Dink" in its inventory at a cost of $5 each. It purchased, for $2,400, 300 more units of "Dink". Nichols then sold 600 units at a selling price of $10 each, resulting in a gross profit of $2,100. The cost flow ass..
What is the maximum amount you should pay today to purchase a share of Northern's stock if your goal is to earn a 12 percent rate of return
What are the usual steps in a grievance procedure? What are the advantages of resolving a grievances in the first step? What skills would a supervisor need so grievances can be resolved in the first step?
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