give practical examples.
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A: Solution: Accounts payable ageing reflects ageing of creditors not paid yet after they are due for…
Q: The following accounts of Rex Company are as follows: Sales P480,000; Cost of goods sold P300,000;…
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A: fixed cost = 8,300 variable cost = 37 cost formula = 37 x + 8300, where x is the number units
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A: Audit in general term to check whether the financial health of the company is shown correct or not.…
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A:
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A: Introduction: Net sales: Net sales value to be shown in income statement. It tells the exact sales…
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A: Earning per share (EPS) is the amount of net income which belongs to per equity share. It is…
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A: Hi student Since there are multiple subparts, we will answer only first three subparts.
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A: In simple or easy terms shares refers to ownership in the company.The people or investors who hold…
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A: The answer is stated below:
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A: In the context of the given question, we need to compute the current ratio. Current ratio: The…
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A: The Variable cost per unit will remain same irrespective of number of units The Fixed Cost per unit…
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A: In calculating the EPS of company accurately there is need to consider the weighted average number…
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A: Introduction: Current Assets: The Assets which can be easily converted in to cash called as Current…
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A: Lets understand the basics. Budget is a future estimation of profit and loss. Management prepares…
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A: The contribution margin is calculated as difference between sales and variable costs.
Q: Flanagan Concrete owns equipment with a book value of $3,500,000. The equipment is estimated to…
A: Impairment loss = Carrying value of the assets - Recoverable value of the assets where, The…
Q: Required: 1. Compute depletion and depreciation on the mine and mining equipment for 2021 and 2022.…
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Q: On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned…
A: Tax is the amount which is to be paid to the tax authorities of a nation.
Q: a. Compute the number of (1) days the property was rented at a fair rental price; (2) total days the…
A: Net rental income- It’s the sum someone pays you to use your assets, after you deduct the expenses…
Q: Which of the following is an element of the requirement that partnership allocations must have…
A: ANSWER : Partnership allocations are the division of the partnership's things of income, gain, loss,…
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A: Lets understand the basics. Depletion is a allocating cost of the natural resources extracted to…
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Explain the need for an appropriation account and what is included in this account. give practical examples.
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