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Question - The August 31 bank statement of Musik showed a balance of P113,000. Deducted in arriving at this amount was customer's NSF check for P2,400. Other records showed there were deposits in transit of P17,200 and outstanding checks of P10,800. What is the unadjusted cash balance per books?
Ben White, a retailer, adds 25 % to the cost of goods purchased for resale to arrive at his selling prices. His financial position at 30th June, 1961 was.
How does the concept of Business Ethics affect organizations in today's continuously changing global environment? How important is it to the effective
In January, gross earnings in Alexi Company were $60,000. All earnings are subject to 8% FICA taxes. Federal income tax withheld was $14,000, and state income tax withheld was $1,600.
The price paid will yield the bank 4% pa compounded half-yearly. Calculate the price (PB) that Biti Bank paid to purchase the bond
Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Determine the inventory turnover for 20Y4 and 20Y3
Rossi Incorporated makes track suits that sell for $72 each. Calculate the margin of safety in dollars and the margin of safety ratio
1 under gaap when a company installs safety andor environmental devices in excess of what the law mandates it is
Assume that no correcting entries were made at December 31, 2010. Ignoring income taxes, by how much will retained earnings at December
Prepare your performance report to show calculations for the 14 ratios as well as a comparison of your computed ratios with the listed industry averages.
Pigeon Company's discount rate is 20%. Advertising, salaries, and other fixed out-of-pocket costs $820,000. What is the projects simple rate of return
The following independent cases invlove the value of a closely held buisness in the decendent's gross estate. Reported value corrected IRS valuation.
If the bonds pay interest on June 30 and December 31 and if the effective rate of interest is 11%, Determine the interest paid on June 30
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