ccompany the Corporation Tax return when it is  filed

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A: Capital Beginning = Capital Ending + Withdrawal - Additional income - Net income

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A: Introduction:- During 2019, Maricar Company guaranteed a supplier’s P5,000,000 loan from a bank. On…

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A: Introduction: Journals: Each and every business transactions are to be recorded in Journals.…

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A: Introduction:- The following formula used to calculate Residual income as follows under:- Residual…

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A: VAT Taxpayer: In the European Community, the Value Added Tax, or VAT, is a wide ranging taxation…

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A: If the motor vehicle was purchased by the employer to the employee, the value of benefit provided is…

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A: Accounts receivable is the amount receivable from the customers upon credit sales. Companies will…

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A: Introduction: Industrial policy is the policy which are framed by the government in order to get…

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A: Introduction: Journals: Recording of a business transactions in a chronological order. Each and…

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A: Net income is the amount earned by a business after deducting all the expenses from the revenues.

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A: Interest means the extra amount which we received because of investment made and will be paid in…

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A: An income statement is a declaration of the organization's revenue and costs that results in a net…

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A: In technical analysis, consolidation is described as an asset fluctuating between a well-known…

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A: Bookkeeping means preparation and maintenance of books of accounts for the business operations of an…

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A: GIVEN     The capital account of Gene, Inc. on December 31, 2014 were as follows: Preference…

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A: SN Particulars Amount A New Machine Cost (Purchase Cost) P 50,000 B Cost incurred for bringing…

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Q: Accounting

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A: Based on the information provided in the previous question, 1) We need to calculate How much time…

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A: Cost is the amount incurred in the regular course of the business. It may be direct or indirect.

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A: Ans. In the given case cash is received in advance in the month of December and  service to be…

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A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…

Q: ation purc the execu ch is the f

A: Introduction: The benefits which are provided by the employer which acts as job satisfaction to…

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A: The answer has been mentioned below.

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A: Basic Concept of Accounting

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A: Formula: Interest amount = Loan amount x Interest rate x Time period

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A: The ratio analysis helps to analyse the financial statements of the business.  Accounts receivables…

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A: The flexible budget is prepared to record the revenues and expenses on the basis of budgeted rate…

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A: General ledger account is used to prepare financial statement in a proper way.One can't imagine…

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

Q: Illustration: ABC Co. has the following comparative information regarding its inventories 2020 2019…

A:

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A: A cash budget plan is an estimate of a company's earnings over a specific time period. This budget…

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A: Introduction: Contribution margin : Deduction of all variable costs from the sales price derives the…

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A: Formula used: Operating cash flow = Net income + Depreciation. Sum of both net income and…

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Q: * The percentage tax, if operating a water system, is

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A: A. A stock split: No change in total equity   B. Recording Revenue: Increase in total equity   C.…

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A: In order to determine the annual Gross income, the annual deductions are required to be subtracted…