What would you advise to Ivana

Assignment Help Accounting Basics
Reference no: EM133070282

Question - Ivana Imperial is a collecting officer of Agency Tourism Upon audit, it was discovered that she remitted an excess of P500 00 However, she did not mind about it until her J&T Express notified that her order was ready for delivery She remembered about the overage and asked to have the P500 00 back As an auditor, what would you advise to Ivana?

Reference no: EM133070282

Questions Cloud

Introduction to criminal organizations : What are the differences between and among street gangs, organized crime groups, and terrorist groups?
Draw a tree diagram for the portfolio : A stock that is currently worth $100 will be worth either $115 or $90 next period. A 1-period zero coupon bond that pays a face amount of $100 next period costs
What is the current price of a 20-zero coupon bond : What is the current price of a 20-zero coupon bond with $1,000 par value and a market interest rate = 3.25%?
What are the betas of the two securities : You are given the following information on two securities, the market portfolio, and the risk-free rate:
What would you advise to Ivana : She remembered about the overage and asked to have the P500 00 back As an auditor, what would you advise to Ivana
How much monetary policy affects the bond market : Analyze how much monetary policy affects the bond market and determine if you are in agreement with this strategy.
What is the duration of bond : A bond has six years to maturity and has a coupon rate of 7.5 percent. Coupon payments are made annually and the bond has a face value of $1,000.
What will be the new cost of equity : If he decides to acquire another shop, he expects the beta will increase to 1.4. What will be the new cost of equity
Prepare a budget income statement for the year : Interest is estimated to be $8,000. Income taxes are estimated to be $175,000. Prepare a budget income statement for the year

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the present yearly net operating income or loss

The present annual sales volume (at the $91 selling price) is 25,500 units. What is the present yearly net operating income or loss

  Calculate the labor rate and the labor efficiency variance

At Macaron, the standard quantity of labor is 24 hours per refrigeration unit. The standard wage rate is $36. In July, the company produced 86 refrigeration.

  Prepare general journal entries to record the november

Prepare general journal entries to record the November 30 withdrawal of Katherine from the partnership under each of the unrelated

  You have purchased equipment for 100000 the equipment will

you have purchased equipment for 100000. the equipment will last 5 years. assume you will depreciate the equipment to

  What is the amount of net income for the year

Selected account balances from the adjusted trial balance for Halogen Corp. as of its calendar year-end December 31, 2011, follow.

  Find what the annual interest payment on the bond will be

Find What The annual interest payment on the bond will be? Pearson Co issue its $148,500 at a price of 102, the stated rate is 9%, the bond term is 4 years

  Analyze consumer influence on ethical behavior in marketing

Analyze consumer influence on ethical behavior in marketing. Assess the value of communicating ethical behavior to the public.

  Determine proper amounts in account balances

Determine Proper Amounts in Account Balances. George Gershwin Co. sold $2,000,000 of 10%, 10-year bonds at 104 on January 1, 2017.

  What are the new data analysis techniques

What are the advantages and disadvantages to using debt/financial leverage for a company? What are the new data analysis techniques

  Determine the net present value for the proposal

Problem - Net present value method. Assuming that the desired rate of return is 15%, determine the net present value for the proposal

  What is forecasted operating income next year

What is forecasted operating income next year if PM is forecasted to be 15%, ATO is forecasted to be 1.6, and NOA is currently $550?

  What can Kelly do to avoid the expected higher tax rate

On June 30, 2019, Kelly sold property for $240,000 cash and a $960,000 note due on September 30, 2020. What can Kelly do to avoid the expected higher tax rate

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd