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Problem 1: Sam, a store owner, sold a gallon of rat poison to Ben for P1,000.00. Ben intended to pour the poison in the fishpond of Doray, his enemy, to kill all the fishes therein. The sale of the rat poison is:
a) Valid provided Ben does not pursue his motive to kill the fish in the fishpond of Doray.b) Valid even if B pursues his motive to kill the fish in the fishpond of Doray.c) Void as it is immaterial whether or not Ben kills the fish in the fishpond of Doray since Ben's motive is void.d) Void if Ben pursues his motive to kill the fish in the fishpond of Doray.
If bad debts expense for 2017 totaled $10,800, what was the amount of accounts receivable written off during the year
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In the books of Dundee & Co. is an account for J. Blythe in both the Bought and Sales Ledgers. On 28th February, 1962, the Bought Ledger Account showed.
If you implemented activity based costing for your division, what additional costs would you consider as manufacturing costs?
The inventory cost flow assumption in which the oldest costs incurred become part of cost of goods sold when units are sold is
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oceanaire amusement park is negotiating with an engineering firm in the planning design and construction of a new
Assuming that the company uses the perpetual inventory system, determine the cost of merchandise sold for the sale of May 20 using FIFO inventory cost method
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