Accounting category

Posted by swastee some time ago

How is accounts payable different from notes payable?

Posted by QSL some time ago

any debt agency working for individual debt?

Posted by Hajitha some time ago

Where to buy aluminum ingots A7

Posted by ★Stevo some time ago

When lynyrd skynyrd sang sweet home alabama was Life in Alabama as good as it gets?

Posted by Christian Marvin Fandialan some time ago

Ceradoy, Manongsong and Anuran are partners sharing profits in the ratio of 4:3:3. The partnership agreement provides for 8% interest on capital and a salary of Manongsong of P80,000 per annum. Profit for 2016 was P840, 000 and the year-end balances on partners' capital accounts are a a follows: Ceradoy, P200,000; Manongsong, P150,000 and Anuran, P120,000. What was Anuran's share of profits for 2016?

Posted by Jacky some time ago

Convert PDF to Excel without formatting loss?

Posted by Chituta some time ago

Mulungushi University freight line is a provider of transportation services to Muteteshi residents. Included in its balance is land, Buildings and coach equipment. Depreciation is calculated separately for each depreciable item. The following transaction was completed for Mulungushi University in the year 2019. Equipment with an accumulated depreciation of K80, 000 and a cost of K120, 000 was traded for similar new equipment with a cash cost of K186, 000. A trade in allowance was received by Mulungushi on the old equipment and paid the balance in cash

Posted by gentleman2222 some time ago

Could I write off my startup expenses this year even though I have not had any revenues from my startup companies?

Posted by jahidhasan some time ago

What is the fasted and secured cryptocurrency Exchanger in the world right now?

Posted by a some time ago

Daily PLC produces & sale product A. It uses three different kind of direct materials D.M. X, Y and Z.. 6, 4 and 2 k.g of material X,Y and Z are required to produce a unit of product A. The materials cost br. 10, 12 and 14 per unit respectively. 4 labor hours at rate of 25 per hour are required to completely produce one unit of A.. MOH is applied to the products at 50 % of prime cost. Operating expenses are equal to 80% of cost of goods manufactured. During the period just ended 60 units of A were produced and sold for 100% profit on Cost of Goods manufactured. There were no beginning and ending inventory. The firm is subject to 30 percent income tax rate. Required: Compute the following for product A. A. . Total Cost of Goods manufactured B. B. Total sale. C. D. Net Income

Posted by qbooksglobal some time ago

How to Delete Alerts in QuickBooks?

Posted by Schae Saguid some time ago

The one who provide capitalization need by the business enterprise

Posted by Karen Underwood some time ago

is accounts payable a credit or debit

Posted by Mark John Lagria some time ago

what is driving force to mangement

Posted by SelenaWalker some time ago

How can you resolve QuickBooks Issues ?

Posted by Anonymous some time ago

My wife babysits at our home and makes 250.00 dollars a week doing this. how much do we need to set aside for taxes? And is this money that we need to pay out to the government, or will they simply deduct it from our refund?

Posted by Taie Taie some time ago

Accounting Question: How do you journalize "Earned sales commission , receiving cash, $15,750

Posted by Tawanna some time ago

What is year in which paid in property taxes? (cash basis)

Posted by Big City some time ago

Which of the following statements would be true if you own stock in a company? a. You are entitled to a portion of the company's revenues every accounting period. b. You have a claim to the assets of the business. c. You are an owner of retained earnings

Posted by amalivie some time ago

Uxmaiz corporation had only one job in process during May-job-X32Z- and had no finished goods inventory on May1, Job X32Z was started in April and finished during May. Data concerning that job appears below Beginging balance $5000 Charged to the job durin

Posted by tomco some time ago

Do owner/partner distributions draw from retained earnings?

Posted by Anonymous some time ago

Why do I have to value accounts receivable at what I think I am going to collect? It makes more sense to me to just wright them off in the period when I know I am going to never collect them...

Posted by Anonymous some time ago

What would be the journal entry on the part of the lessor if the lease payments made by the lessee includes an executory cost?

Posted by Sophia Jacob some time ago

How Advanced Are the Security Features of QuickBooks 2018?

Posted by Ms. Tree some time ago

Does a decrease in inventory mean an increase in loss?

Posted by gia some time ago

Can a line of credit not due until august 2009 be classified as a long term liability if it is used to fund short term notes (under one year)?

Posted by Deanna some time ago

Does anyone know whether most companies use LIFO, FIFO or average cost for inventory ? I am just curious because I am an accounting major right now.

Posted by thuymy99 some time ago

Why is it important to classify a portion of long-term debt on a yearly basis as a current liability?

Posted by ambitious some time ago

What is substance over form

Posted by Miller45 some time ago

What non-financial items, from both the external and internal environment of the company, would you wish to know and consider before making your recommendation?

Posted by DuckDuck some time ago

Does cash dividend need to be subtracted when calculating Net Income?

Posted by Jinendra Shah some time ago

What kind of data can I import from QuickBooks?

Posted by Rachel some time ago

Billed a client for services rendered? would go under what 2 account titles in a T account

Posted by Eaglesfly some time ago

How do you double check your work?

Posted by William Stinner some time ago

Account firm vs Freelancer accountant?

Posted by TANYRENY some time ago

What is a comptroller?

Posted by Anonymous some time ago

When adding a new property as an asset where do I post the difference between the value of the property and how much we paid for the property?

Posted by The Curious Bag some time ago

How much does it cost to take the cpa exam?

Posted by b1k3rch1c_22 some time ago

How do gains differ from revenues?

Posted by Anonymous some time ago

Most employers are required to withhold from employees for A) only state unemployment compensation tax B) only federal income tax C) both federal and state unemployment compensation D) only federal unemployment compensation tax

Posted by Weenie some time ago

Why do certain accounts have to be audited 100 percent?

Posted by BryanFuller some time ago

What accounts do you close out at the end of the year?

Posted by ritu chaudhary some time ago

A random sample of 500 flower stems has an average length of 11cm can this be regarded as sample from a large population with mean as 10.8 cm and standard deviation as 2.38 cm?

Posted by flattsfan some time ago

Adjusting entries - As of August 31 Board Shop has a note payable has a balance of $36,000. Of that note payable $6,000 must be paid on Dec. 1 each year. What do I do

Posted by Matthieu Vo some time ago

How is IFRS applied by companies?

Posted by Munchin45 some time ago

Why does the term debit not always mean increase and credit does not always mean increase.

Posted by aleshadowell some time ago

Q1.Describe Critical Analysis Of The Role Of Leaders In Facilitating Organisational Change Within The Healthcare Sector

Posted by mustafarustam some time ago

How to calculate cost price for product costing $100 if we assume shipping cost 25%: 1) $100+$25(100*25%)= 125 or, 2) $100/0.75=133.33. I'm very confused. Why do we get different answers ?

Posted by andy023092103 some time ago

the following paid their accounts by cheque in each case deducting 5 percent cash is this discount allowed or discount recieved

Posted by Acegame some time ago

What are the duties of a collection officer?

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