ACCT 20076 - Assignment 2

℗ Pearson X P Problem X Course:7710589/products/79c3fa4c-a84f-42ba-b87a-e36a400bca00/pages/urn:pearson:entity:67c5d... Q 3-53 W 3-54 < nhhh us d X | char 4 x | G bu trans x | b HORNG x | + Adjusting Entry End of Chapter: The Adjusting Process Specific Category of Accounts on the Balance Sheet P-F:3-35A. Journalizing and posting adjustments to the T-accounts and preparing an adjusted trial balance (Learning Objectives 3, 4) Over/ Understated The unadjusted trial balance of Anniston Air Purification System at December 31, 2024, and the data needed for the adjustments follow. Account Title Cash Accounts Receivable Prepaid Rent Office Supplies ANNISTON AIR PURIFICATION SYSTEM Unadjusted Trial Balance December 31, 2024 Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Specific Category of Accounts on the Over / Income Statement Understated Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment…

Provide any additional journal entries or adjusting journal entries needed to properly record accounts receivable and allowance for doubtful accounts. → BrandMakers maintains a subsidiary ledger for accounts receivable. → Note that BrandMakers does not offer sales discounts. Also, BrandMakers does not have one uniform set of payment terms. → Payment terms are specified in the contract. → In prior years, BrandMakers utilized the following percentages as estimates of uncollectible accounts. BrandMakers will use the same percentages in the current year. Aging Category Current 1-30 days past due 31-60 days past due Greater than 60 days past due Percent Estimated to be Uncollectible 1% 5% 10% 25% → The ledger for the beginning of the year and the end of the year can be found in the attached picture. Also, this worksheet includes an analysis of what occurred during the current year in the accounts that were open as of the beginning of the year.

AHEAD | Login FA_21BUS101A-END-SEM ASSIGI X https://aheadonline.amrita.edu/courses/34/assignments/2033?module_item_id=9674 Discussions 1. From the following Trial balance , you are require to prepare the final accounts for the year ended 31st December 2020. Grades Particulars Amount (Dr) Amount(Cr) 4,80,000 Сapital Drawings Land & Building People 1,35,000 4,50,000 Pages Account Creditors 3,15,000 Files Plant& Machinery 1,20,000 Purchase returns 7,950 Syllabus Bills receivable 18,000 Dashboard Sales 6,54,000 Quizzes Opening stock 1,20,000 1,53,000 78,000 1,500 3,000 1,14,000 10,200 79,800 1,35,000 3,600 6,000 18,000 11,850 Courses Modules Purchase Wages Carriage outwards Carriage inwards Salaries Calendar Discount Inbox Bank balance Debtors Bad debts Sales returns Furniture Advertisements Total 14,56,950 14,56,950 Adjustments: Stock on 31st December,2020 is Rs. 1,05,000 Machinery & Furniture to be depreciated @ 10%. Wages outstanding is Rs. 4,50O Prepaid Advertisement is Rs.1,500 A…

npt=13483808&cmid%3D701919&page%3D1 services SQU Libraries SQU Portal Attendance English ial Accounting || fall20 urses / ACCT2121_yasserg_fall20 / Midterm Exam One_FALL2020 XYZ Company developed the following data for the current year: Ending work in process inventory OMR250,000 ; Direct materials used OMR96,000; Manufacturing Overhead applied OMR144,000 ; Cost of goods manufactured OMR350.000 ; Direct labor cost OMR240,000. Company's beginning work in process inventory is Select one: a. OMR580.000 b. None of the answers given Oc.OMR145,000 d OMR120,000 e. OMR380.000 Alis a student at the Unver

Manufacturing Overhead Debit Credit 3,380 50,880 15,780   37,320   5,600

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Materials issued are as follows: Requisition No. 201 202 203 204 205 Material Aluminum Plastic Rubber Glue Steel Job No. 500 503 504 Indirect 510 Journalize the entry to record the issuance of materials. Amount $976,000 379,400 187,700 170,000 619,000

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6:41 + Module1_PPE... Tel Nos.: (+63 43) 980-0385; 980-0387; 980-0392 to 94; 425-7158 to 62 loc. 1546/1822 Email Address: president@g.batstate-u.edu.ph Website Address: http://www.batstate-u.edu. Problem 23-15 (AICPA Adapted) On December 31, 2020, Bart Company purchased a machin, in exchange for a noninterest bearing note requiring eight payments of P200,000. The first payment was made on December 31, 2020 and the others are due annually on December 31. At date of issuance, the prevailing rate of interest for thi, type of note was 11%. PV of an ordinary annuity of 1 at 11% for 8 periods 5.146 PV of an annuity of 1 in advance at 11% for 8 periods 5.712 1. What amount should be recorded as initial cost of the machine? a 1,600,000 b. 1,029,200 c. 1,400,000 d. 1,142,400 2. What is the discount on note payable on December 31, 2020? a. 657,600 b. 457,600 c. 570,800 d. 3. What is the interest expense for 2021? a. 125,664 b. 103,664 c. 113,212 d. 176,000 4. What is the carrying amount of note…

xercise 5-13 - Con X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A %252F%252Fmycstate.cincinnatistate.edu%252Fwebapps i Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 8.00 5.00 $ 3.00 Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 272,000 170,000 Required: (Consider each case independently): 102,000 47,000 $ 55,000 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5%? $ 4. What is the revised net…

Given the NYSE advancing/declining (Num) and volume (Vol)            Advancing       DecliningDay      Num    Vol      Num    Vol1          492      346      2493    35072          2244    2587    714      6803          1940    1725    979      12764          2035    2169    904      10765          743      823      2143    2431 What is the Advance-Decline Volume (AD Volume) for day 4?

Week Eleven Discussion Board-Chapter 10 125125 unread replies.126126 replies. Click on "Week Eleven Discussion Board ". Follow directions. They are as follows: (required) To start, click on "Week Eleven Discussion Board " and then click on "Reply". Take the time to answer the following question: To match revenues and expenses properly, should the expense for employee vacation pay be recorded in the period during which the vacation privilege is earned or during the period in which the vacation is taken? Explain. Discuss with your fellow classmates.

on 4 saved out of uestion Consider the following data: Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Production 3617 3454 3300 3128 3063 2900 2746 2574 2509 2355 2183 2118 Figures Calculate the fixed base index number for February with base March. Give your answer to the nearest whole number. Answer: 104

104-Principles of Manageme Ay courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED st (06-05-2021 from 11:00 to 12: Noon) Which one is a Historical Cost Select one: O a. All the Above O b. Rent Factory O c. office Rent O d. Office salary 104-05-21 035 Jump to..

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1. The following information was reported for Gray Enterprises on December 31, 2020.Manufacturing Overhead Debit Credit 3,410 51,520 15,030   37,090   Double line4,010 Double line    A. What is the actual manufacturing overhead? B. What is the allocated manufacturing overhead? C. Is manufacturing overhead underallocated or overallocated?       D. Prepare the adjusting entry.Journal Date Description Debit Credit Dec. 31, 20       Dec. 31, 20       2. The following information was reported for Gray Enterprises on December 31, 2021.Manufacturing Overhead Debit Credit 2,020 56,340 15,540   31,920   Double line  Double line6,860   A. What is the actual manufacturing overhead? B. What is the allocated manufacturing overhead? C. Is manufacturing overhead underallocated or overallocated?       D. Prepare the adjusting entry.Journal Date Description Debit Credit Dec. 31, 20       Dec. 31, 20

CALLS Jan 12 '18 (41 days) PUTS 12.35 0.00 12.45 13.10 05 23.28% 0.8184 160 1.30 0.00 1.18 1.33 0 260 22.44% -0.175 10.14 0.00 10.35 11.00 01 22.25% 0.7714 162.5 1.64 0.00 1.60 1.75 09 21.65% -0.225 8.45 0.00 8.55 8.85 0 15 21.28% 0.7133 165 2.30 0.00 2.17 2.31 0 10 20.96 % -0.2865 6.70 0.00 6.80 7.05 00 20.58% 0.6427 167.5 3.15 0.00 2.89 3.05 0 107 20.31 % -0.359 5.23 0.00 5.30 5.55 0 234 20.30 % 0.5619 170 4.25 0.00 3.80 4.00 0 406 19.72 % -0.4412 4.10 0.00 3.95 4.10 0 283 19.55 % 0.4763 172.5 5.05 0.00 5.00 5.20 02 19.39 % -0.5296 3.03 0.00 2.94 3.10 0 132 19.60 % 0.3919 175 8.25 0.00 6.40 6.65 05 19.07 % -0.6189 2.16 0.00 2.11 2.24 037 19.45% 0.3119 ▾ 177.5 8.80 1.57 0.00 1.50 1.59 025 19.46 % 0.2417 180 11.67 0.00 8.05 8.35 0.00 00 18.90% -0.703 1.09 0.00 1.04 1.18 0 14 19.73% 0.1853 182.5 0.00 9.95 10.25 0.00 11.85 12.70 00 18.89 % -0.777 00 19.66 % -0.8285 The table above shows the prices for Apple Calls and Puts with expiration of January 12, 2018. Apple was trading at 171.05…

17.39 .. 90 PROBLEMS OF SEMESTER FINAL TEST 2021 Word es Mailings Review View Help O Tell me what you want to do Aa - AaBbCeDd AaBbCcl AaBbCcDe AaBbCcDe AaBt Heading 2 Heading 3 T Normal I No Spac. Headin Paragraph Styles 4.5.6 7 8.. 9. • 10. 11 12. 13. 14. 15.I Thursday : January 21, 2021 --- 80 Minutes 1. In this section we examine three theories of investor preference: The dividend irrelevance theory. The "bird in the hand" theory, the tax preference theory, which theory is the best? What is the different of stock dividends, stock splits, and stock repurchase. 2. In the working capital management, we know about cash conversion cycle model. For problem if average inventories are $3 million and sales are $11 million. If receivables are S 657.535 and sales are S 11 million. Then, if its cost of goods sold are $9 million per year and if its accounts payable average $ 657.535. What is the length of the cash conversion sicle? 3. The ELGRAJO Corporation has capital structure as follow…

i 1:50 O O *UN 40 80% 5 The company dseouteda P10.000, 0 ay, 6 ne on November 15, 2019, Orgnal entry Adisting ertry PHACTICAL EXERCISE testruction: Lung the ecerse mettod tis tare, p te ongral entry ot the tregoing ransations and the neonsary adjuing ery at the end of the acrting pered. Der. 31,201a Protiem Tha trai talance ot the Mabils Fapar Shop appean below at the and f in calondar penad MABLIS REPAR SHOP Trial Balance Decenter 31, 2019 Cash an tand Accounta Recevable Estnand Uncotectbie Accourta 10.000 25.000 P. 1.000 30.000 750 Ns Receivatie Shop Equohert Actumuuted Depreciafen-Shep Egipmert Furte and Fature Acrumuuted Deorsaton-Fuinture ard Fatue Accourts Poyable tows Payable Lenes Capits Leynes, Driwing Service ncome Salares Expanse Rant Expense Suopies Erper Tann and Liman Ligt and Water Expenua 2000 .000 5.000 11.000 12.000 44.750 1.000 30 D00 8000 4000 1.500 1000 105.500 105.S00 A4ssoral ielomation 1. Urpad taxes P600 2 Acorued satarien P1000 1 Acortued interst on netes…

CH11_HW_QA2_PIR Required 1: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month.   (Round your answers to 1 decimal place.)             Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1   days   %   days Month 2   days   %   days Month 3   days   %   days Month 4   days   %   days Required 3:  3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so…

Continue: BFIN 300 Fal X M Inbox (11,43 X Week 4, We Do/Con A https://blackboard.albany.edu/webapps/assessment/take/take.jsp?course_assessment id=_152523 1&course_id= 157898 1&content id= 60538. To How To Factory Res.. O Honey P MyLab IT | Pearson M Inbox (10,367) - rde. Ot WN. CPU. Google WebAssign - Blackboard Learn K.J. Lee, CFA, an analyst with Water's Edge Securities, estimates the market risk premium is 6.80% and the risk-free rate is 2.10%. She's calculated the beta for Summerfield Tech as 0.94, and she estimates the expected return is: O Type here to search 5:54 PM 10/25/2021

M Thu Sep 8 t 14 of 15 AA Period Ce b Home | bartl... 23 my.post.edu... X 14 Unit 1-... 14 rint ezto.mheducation.com A Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense 5 Total direct manufacturing cost Total indirect manufacturing cost Okay C Required information [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: G what is the h. Average Cost per Unit $ 7.00 $4.50 $ 1.40 $ 4.00 $4.00 $ 2.10 $ 1.10 $ 0.55 14. If 12,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? (Do not round intermediate calculations.) @ 29% 4 + 88 Init 1-C... You a

14-Principles of Management A courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED FOR Thursd 06-05-2021 from 11:00 to 12: Noon) Prime cost is 236000 OMR, and cost of production for the year is 355000 OMR Opening stock of work in progress is 4000, and closing stock of Work in progress is 5000 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 358500 OMR Calculate cost of goods available for sale Select one: a. 395000 OMR b. None of these O c. 378500 OMR d. 385500 OMR Clear my choice

mpt3D1764895&cmid%3875183&page%=15 SQU E-I SQU PORTAL ATTENDANCE خدمات التعلم الإلكتروني - "الوقت المتبقي 1:32:46 and $2 200% a O and $2 $40 .b O and 150% $2 .cO .d O None of the given answer and 150% $40 e O Ali is a member of a family that consists of him, his father. his mother and his older brother. Each member of the family has his own mobile phone. Each mobile phone is on a post-paid plan, for which a monthly bill is received at the end of each month. The electricity, on the other hand, is provided to the entire house in general, with one bill is received at the end of each month. The father has recently received the phone bill of Ali and wishes to do some analysis of the phone consumption. Assuming that the value of the phone bill is calculated based on the number of minutes consumed with no :subscription fees. In the above information, the cost of the phone bill to Ali is A direct, variable cost .a O An indirect fixed cost .b C A direct fixed cost .c O An indirect, variable…

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CCOUNTING Section3 Lecture (20201_020113 Courses / COST ACCOUNTING Section3 Lecture (20201 020113101 AAUP - JENIN)/ 23 February-1 Ma Time left 01740 The following infiormation pertains to a manufacturing company which uses weighted average method: Work in process, beginning direct materials $550,000 and conversion $450,000, Costs added in current period, direct materials $650,000 and conversion S750,000 cost per equivaient unit, direct materials $200 and conversion $300. Using weighted average method, the equlvalent units of materials is Oa 8000 units b.6000 units OC4500 units d.5333 units Oear my choice Next page Jump to chapter 15+15 powe point -

P4_BAAC 210 S1/ GENERAL ANNOUNCEMENTS Link- April 19,8.30 am -11.30 am Overhead expenses can be classified according to a. Functions O b. Elements on C. All of the above O d. Behaviour pace

uols-A moodle1.du.edu.om Flag question Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Total No.of Periods Cost Units January 500 45,750 February 510 46,305 March 520 46,860 April 545 48,248 May 565 49,358 June 580 50,190 July 51,855 610 Select one: a. Y=18000+55.5*X b. Y=21000+50*X c. Y=22500+48.3*X d. Y=19000+52.5*X Clear my choice

Refer to the data for Lavage Rapide in Exercise 8–8. The actual operating results for August appearbelow.Lavage RapideIncome StatementFor the Month Ended August 31Actual cars washed .......................... 8,800Revenue ............................................ $43,080Expenses:Cleaning supplies ........................... 7,560Electricity ....................................... 2,670Maintenance .................................. 2,260Wages and salaries ...................... 8,500Depreciation ................................... 6,000Rent .............................................. 8,000Administrative expenses ................ 4,950Total expense .................................... 39,940Net operating income ........................ $ 3,140Required:Prepare a report showing the company’s activity variances for August

1ll 23 4G 15:18| 0.0KB/s0 Tutorial 11.pdf Tutorial 11 Submission date: 1 February 2021 before 12.00pm 1. Jorasmi Enterprise Trial Balance as at 31 December 2020 Particulars Debit Credit RM RM Inventory of raw materials 1 Jan 2020 Inventory of finished goods 1 Jan 2020 21,000 38,900 13,500 325,000 7,000 3,500 370,000 Work in progress 1 Jan 2020 Wages (direct RM180,000, factory indirect RM145,000) Royalties Carriage inwards (on raw materials) Purchases of raw materials Productive machinery (cost RM280,000) Administration computers (cost RM20,000) General factory expenses Lighting Factory power Administration salaries 230,000 12,000 31,000 7,500 13,700 44,000 30,000 Sales representative salaries Commission on sales Rent 11,500 12,000 Insurance General administration expenses Bank charges Discount allowed Carriage outwards 4,200 13,400 2,300 4,800 5,900 1,000,000 64,000 Sales Account receivable and accounts payable Bank Cash Drawings Capital as at 1 Jan 2020 142,300 16,800 1,500 60,000…