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Q: Accounting Question

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question s...

Q: On January 15, 2020, the board of directors of Miz Corporation voted to consolidate its outstanding ...

A: The only journal entry required for a reverse stock split is Memoranda entry to indicate the number ...

Q: Company XYZ produces and sells 4,000 units.at this level, the company is making a profit of $10,000....

A: Cost-volume profit analysis is a tool that helps in decision making by establishing a relationship b...

Q: the ability to relate to the needs of others, which is a vital characteristic of successful managers...

A: Following is the answer to the given question 

Q: ABC firm has purchased supplies of JD2,000 at the beginning of the year. If you know the firm has su...

A: It is pertinent to note that supplies include printing and stationery equipment, postal stamps etc ....

Q: Washington Company has two divisions: the Adams Division and the Jefferson Division. The following i...

A: Residual income means the income that one might continue to receive even after completion of the wor...

Q: PA10.) Prepare jourmal entries to record the following transactions. Create a T-account for Interest...

A: Interest expenses are those that are incurred on the borrowing made by the companies at a fixed rate...

Q: Depreciation Methods On September 1, 2015, Alvarez Company purchased an electroplating machine to he...

A: The cost of the asset which is spread over the benefits of the estimated useful life of an asset is ...

Q: ?Which of the following statements about margin of safety is false .Margin of safety measures the di...

A: The MOS is the difference between the budgeted sales or actual sales and the break-even sales. It en...

Q: FP#2 OCTOBER 2019: Getting ready for the upcoming holiday season is traditionally a busy time for gr...

A: a. s.no General Journal Debit in $ Credit in $         1. No journal entry required 0 0 2. ...

Q: Accounting Question

A: Income statement is a statement which records the revenue and expenses of an undertaking for a parti...

Q: Which of the following statements about CVP analysis is false? a. Operating income calculations in C...

A: The answer for the multiple choice question and relevant explanation are presented hereunder :

Q: Journal entries and trial balance Obj. 1, 2, 3, 4 On October 1, 2018, Jay Pryor established an int...

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for y...

Q: On October 17, CORAL Company issued 15,000 shares of its ₱100 par ordinary share in acquiring a land...

A: Option C is the Correct Answer i.e  ₱ 1,700,000.

Q: Indigo Corporation is authorized to issue both preferred and common stock. The par value of the pref...

A:                                                               Journal entries       Date      Acc...

Q: ANSWER 1 TO 4

A: Given, Machine cost = P 50,00,000 Accumulated Depreciation = P 18,00,000   Sold on Jan 01, 2018.

Q: Company XYZis specialized in producing and selling smart watches. The company currently has two prod...

A: Sales commission is a form of variable costs which should be based on a specific parameter. It means...

Q: Mazoon Company has fixed costs of $12,000 and a breakeven point of 600 units. If the company plans t...

A: Breakeven point in units = Fixed costs/ Contribution margin per unit Oeprating income = Contribution...

Q: Mazoon Company sells yachts. During the current year, 100 yachts were sold resulting in $420,000 of ...

A:

Q: 11. If beginning capital was $25,000, ending capital is $37,000, and the owner's withdrawals were $2...

A: "Since you have asked multiple questions, we will solve only first question for you. If you want any...

Q: PR 9-3B Depreciation by three methods; partial years Obj. 2Layton Company purchased tool sharpenin...

A: Yar Stright - Line Unit-of-Activity Double-Declining-Balance1 ......$8,400 .....$11,340 ....$17,9982...

Q: PINK Company purchased 50,000 shares (5% ownership) of WHITE Company on January 2, 2020 at ₱34 per s...

A: Given: To calculate the unrealized loss in the statement of the comprehensive income as,  

Q: and agreed to pay the remaining within 25 days. v. On April 10, Pearson & Co. received $4,000 from o...

A: "Since you have posted a question with multiple sub-parts, we will solve only first three sub-parts ...

Q: XYZ Company wishes to gain more market share . In order to do that , the company is planning to doub...

A: Variable cost is a cost that remains the same on a per unit basis and varies according to units prod...

Q: ling price is $3 per unit. O a. 59,895 O b. None of the given answers Oc. 176,650 o d. 116,755 O e. ...

A: Option A is the Correct Answer.

Q: An equipment was bought for $12,000 on the first of January. With 5 years expected life and no salva...

A: The depreciation expense is charged on asset which reduces the value of fixed asset with the passage...

Q: A granary purchases a conveyor used in the manufacture of grain for transporting, filling, or emptyi...

A: The question is based on the concept of replacement decision of a machine based on maintenance and s...

Q: 7-Are there any exceptions to the protection afforded older workers by the Age Discrimination in Emp...

A: No. The ADEA contains a number of exemptions that take into consideration obligatory retirement: Exe...

Q: Which of the following does not represent a cost-volume-profit analysis equation? O a. Sales - fixed...

A: Cost-volume-profit   equation: Profit = Revenue – Fixed Costs – Variable Costs

Q: e breakeven point i

A: Break-even point is the point where the entity does not make any profit or loss  That is  Sales reve...

Q: Grayson Bank agrees to lend the Trust Company $98,759 on January 1. Trust Company signs a $98,759, 8...

A: Journal:- These are prepared by the companies with debit and credit sides in order to match the acco...

Q: LIME Co. decided to construct a building to expand its operations. The entity decided to obtain a 5-...

A: As per IAS 23 (Borrowing costs )  An entity need to capitalize borrowing costs (Interest and other c...

Q: Are they entitled to a refund or do they owe additional taxes?

A: Tax Liability is the different company's taxable income as shown in the income statement and in inco...

Q: On May 10, 2019, GUAVA Company received a grant of ₱8,000,000 from the British Government for the co...

A: Government Grant-: Government Grants are simply treated as the transfers of aids to a company or ins...

Q: Company XYZ is specialized in producing and selling smart watches. The company currently has two pro...

A: Answer

Q: Carr Company provides human resource consulting services to small- and medium-sized companies. Last ...

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...

Q: Caspian Sea Drinks is considering the purchase of a plum juicer – the PJX5. There is no planned incr...

A: operating cost =cash inflow point b and c are sunk cost point f,g,h are irrelevant for IRR

Q: 26..

A: Cost-volume profit analysis is a tool that helps in decision making by establishing a relationship b...

Q: On January 1, 2020, RED Company purchased 12% bonds with face amount of ₱5,000,000 for ₱5,500,000 wh...

A:   An Investment in bonds is a fixed income investment in which an organization receives inte...

Q: evaluate the financial and non-financial objectives that managers in an organisation should pursue a...

A: The managers are the persons who should work for the welfare of the employees, and for the company. ...

Q: PINK Company purchased 50,000 shares (5% ownership) of WHITE Company on January 2, 2020 at ₱34 per s...

A: Answer (c) $2817500 is the correct option.

Q: Search about how different techniques are efficient to estimate cost. – Engineered estimate of cost–...

A: Four regular methodologies are utilized to appraise fixed and variable expenses:   Record investigat...

Q: -The patriot missile, developed by Lockheed Martin, is designed to detect, identify, and shoot down ...

A: Given,   Total cost promised = $ 3.90 Billion Project time = 10 Years = 10 * 12 = 120 months Cost In...

Q: ?Which one of the following is not considered an assumption of cost-volume-profit analysis Costs can...

A: The question is multiple choice question. The question is related to Marginal Costing and is of cost...

Q: :Holding other factors constant, a company's contribution margin per unit will increase with All ans...

A:

Q: stion Company XYZ produces and sells two types of calculators: Basic and Scientific. The Basic has a...

A: Contribution is the total amount of profit or loss and fixed cost of the entity. It is obtained when...

Q: Company XYZ has three products A, B and C. The sales mix for products AB and Care 6, 4 and 3 units r...

A: Weighted average contribution margin = (900*6+600*6+400*3)/(6+4+3)                          = $692.3...

Q: Which of the following statements is correct? Statement 1. Ratios are used to compare different comp...

A: Financial statements prepared by the company are analyzed by various stakeholders. Analysis of finan...

Q: In what ways a partner can retire from a firm?

A: A partner can retire from a firm by 1. With the consent of all partners 2. As per terms of partnersh...

Q: ABC firm purchases an equipment of JD3,500, paid JD2,000 in cash and the rest is on account. The ent...

A: Journal entries are prepared to record the financial and non financial transactions of the business ...