You have been working at a local travel agency as a

Assignment Help Accounting Basics
Reference no: EM13588971

You have been working at a local travel agency as a secretary. Your agency has signed a contract with a local corporate company that will triple current sales revenues. The owner of your agency decides to computerize the accounting system. He realizes you are an accounting major and asks you to meet him to discuss this decision. He specifically wants to know the following:

  • The benefits of using a computerized system as compared to the current manual system
  • The top two competing software products beneficial in a service industry and the approximate cost of each product.
  • The kind of training that might be needed by the staff, and which members of the staff should be trained

Reference no: EM13588971

Questions Cloud

The x y and z components of a magnetic field are bx 012 t : question the x y and z components of a magnetic field are bx 0.12 t by 0.14 t and bz 0.17 t. a 25 cm wire is
In addition the company has fixed selling and : in addition the company has fixed selling and administrative costs of 150000 per year. during the year peak produces
Poduct a unit sales price 5 unit contribution margin 75 : product a unit sales price 5 unit contribution margin .75 sales mix 80product b unit sales price 4 unit contribution
Pcb corporation manufactures a single product monthly : pcb corporation manufactures a single product. monthly production costs incurred in the manufacturing process are shown
You have been working at a local travel agency as a : you have been working at a local travel agency as a secretary. your agency has signed a contract with a local corporate
Skychefs inc prepares in-flight meals for a number of major : skychefs inc. prepares in-flight meals for a number of major airlines. one of the companys products is grilled salmon
In a computerized environment you learn about the : in a computerized environment you learn about the relationship between peachtree and the fundamental accounting
If we are just assuming the actual quantity of the product : if we are just assuming the actual quantity of the product is 840 kg and its standard market price is 48 which is to
The company will continue to incur the total amount of its : diego company manufactures one product that is sold for 81 per unit in two geographic regions-the east and west

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the annual net income

The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $75,000, what is the annual net income?

  Statement regarding capitalization criteria

Which of the following is a correct statement of one of the capitalization criteria?

  Distributing sales and properties to shareholders

The corporation owns a building with a $160,000 adjusted basis and a $120,000 fair market value. The company has earnings and profits of $200,000.

  Brothers manufacturing applies overhead to production at a

brothers manufacturing applies overhead to production at a predetermined rate of 90 based on direct labor cost.job no.

  How to use statistical attribute sampling or nonstatistical

Statistical sampling should always be used in tests of general controls, such as inspecting logs that document program changes, were the auditor wants to review the entire population but uses sampling to choose specific items to investigate a samp..

  What is the present value of 200000 to be paid at the end

a. what is the present value of 200000 to be paid at the end of 10 years assuming an 8 interest rate?b. what is the

  Whats going on in that labasked derek warren chief

whats going on in that lab? asked derek warren chief administrator for cottonwood hospital as he studied the prior

  Roland carlson is the president founder and majority owner

roland carlson is the president founder and majority owner of thebeau medical corporation an emerging medical

  Prepare the adjusting entry for the accrual of interest

Journalize the transactions, and prepare the adjusting entry for the accrual of interest on December 31

  Prepare an income statement for the year

Salaries and Wages Expense $14,000; Insurance Expense $1,800; Rent Expense $3,900; Supplies Expense $1,500; and Depreciation Expense $1,000. Prepare an income statement for the year.

  At the beginning of 2009 metatec inc acquired ellsion

at the beginning of 2009 metatec inc. acquired ellsion technology corp for 600 million. in addition to cash receivables

  The management of reagon corporation expects sales in

the management of reagon corporation expects sales in january to be 122000. the companys contribution margin ratio is

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