determine

Q: Can you help me with my homework, thank you so much!

A: The first 3 subdivisions are answered for you. Please resubmit specifying the question number you wa...

Q: On April 1, 2025, Promise Company purchased 150,000 common shares in Delta Co. for $7 per share. The...

A: Promise Company has 150,000 shares that are for sale. Shares that are held for sale are adjusted for...

Q: The Appropriations account of a governmental fund is credited when: a. The budgetary accounts are cl...

A: Government appropriation accounts come into effect when they create budgets. This type of accounting...

Q: Nest corporation issued 5-year, 5% bonds having a par value of $100,000. The company received procee...

A: The bonds are issued at the discount if market rate is higher than bonds face value.

Q: A division sold 250,000 calculators during 2020: Sales 3,000,000 Variable costs: Materials 690,000 O...

A: Total contribution margin = Sales - Total variable costs = $3,000,000 - $1,250,000 Total contributio...

Q: The current price of KD Industries stock is $20. In the next year the stock price will either go up ...

A:

Q: All proprietary fund financial information is reported in the Business-type Activities column of the...

A: Government-wide financial statements: The financial statement which contains information regarding a...

Q: Please use at least 150 words to explain how a defined contribution pension plan works.

A:

Q: The labor cost incurred was $169,786 and 14,150 direct labor-hours were worked. The direct labor var...

A: Variance analysis is performed to find the deviations by comparing actual performance done with the ...

Q: Munson Communications Company has just reported earnings for the year ended June 30, 2011. Below are...

A: In the given question, we have been given a balance sheet, income statement and dividend payout rati...

Q: Prepare financial statements for the year ended as of December 31, 20xx. You are only responsible fo...

A: Income Statement: The income statement reports the financial performance in terms of profit or loss ...

Q: If, Total Fixed cost OMR 40000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. Wh...

A: Given: Selling price per unit = OMR 20 Variable cost per unit = OMR 12   Therefore, Variable cost ra...

Q: On April 1, Griffith Publishing Company received $1,548 from Santa Fe, Inc. for 36-month subscriptio...

A: Given: Total subscription =$1548Total Period =36 months Total months in 2 year=12 months (from April...

Q: Consider the following information: Jan Feb Mar Sales (units) 4.9k 52.00k Production (units) 5.8k 52...

A: The budget is prepared by the management based on experience. Based on the budget, It is helpful for...

Q: An encumbrance represents the estimated future liabilities for goods or services resulting from plac...

A: Is the given statement true or false? 

Q: the firm sales in August are_ change in inventory in August is $_ flow in August is $- is $_ and net...

A: The firm sales in August are $151,110. Change in inventory in August is $99,450 (cost of sales is re...

Q: The auditor's assessment of the reliability and sufficiency of the information contained in the unde...

A: Audit test - The auditing Assess the reliability and sufficiency of the information contained in the...

Q: Total value of advances after adjustments will be: a. OMR 145,500 b. OMR 117,000 c. OMR 115...

A: Loans are the advances provided by the bank or financial institution to the individual or firm who n...

Q: Question 2 The accounting process involves the identification, measurement and recording of financia...

A: The process of accounting involves identification, measurement and recording of financial transactio...

Q: Journalize each of the transactions In assuming a perlodic inventory system and PST at 7% along with...

A:   Periodic Inventory      Date  Account Titles and Explanation  Debit  Credit   ...

Q: List FOUR Social Responsibilities towards the Investors.

A: Social responsibility is an ethical structure which requires a body to perform certain tasks that he...

Q: A. Calculate the mark-up, murabaha selling price, the yearly instalment, and the profit recognised p...

A: A. Markup = 10%  for  5 years  =0.10*5*6,55,000 =3,27,500 Murabaha selling price = 6,55,000+3,27,500...

Q: The permanent fund is one of the several types of governmental funds. a. True b. False

A: Governmental funds : In fund accounting system, the government funds are categorized into three type...

Q: Calculating balance of any account, after posting all entries in ledger account, is known as O a. En...

A: The numerical has covered the concept of ledger accounts. The Ledger accounts have done in 'T' form ...

Q: During the first week of January, an employee works 50 hours. For this company, workers earn 150% of...

A: Pay rate is $20/hour. Standard number of hours to be worked in a week = 40 Standard pay = 40 x 20 = ...

Q: Buy-N-Buy Bhd (BNB) is an e-business that was established on 1 July 2017 and has recently listed on ...

A: Intangible asset refers to the non monetary asset that does not have any physical substance.

Q: Q.1 The Balance Sheet of Punjab Auto Limited as on 31‐12‐2002 was as follows: Particulars Amount(Rs....

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

Q: Contribution Margin by Segment The following data are for Elm Leaf Apparel: East West Sales volume (...

A: Solution:- Calculation of contribution margin as follows under:- Contribution margin = Selling Value...

Q: On January 1, 2019, Ballieu Company leases specialty equipment with an economic life of 8 years to A...

A: SOLUTION- MEANING OF LEASE = It is a Contractual Arrangement Calling for the Lessee(User) to pay the...

Q: Barker Company produces and sells a single product with budgeted or standard costs as follows: I...

A: A cash budget is an estimate of a company's cash inflows and outflows for a given time span, such as...

Q: Which of the following starts where the book-keeping ends? O a. Insurance O b. Accounting O C. Manag...

A: Bookkeeping is the daily documentation of financial transactions and details relating to a company. ...

Q: Want answer for this question

A: Material cost per unit = Total material cost / Budgeted units = RO 30000/5000 units = RO 6 per unit ...

Q: I need help with the homework problem in E23.5 in accounting.

A: Direct method of cash flows statement indicates the cash inflows and cash outflows related summarize...

Q: Other financing sources increase fund balance in the same manner as revenue. a. True b. False

A: yes, Other financing sources increase fund balance in the same manner as revenue because fund balanc...

Q: In which form of business organizations owners are entitled to get dividend as return on their share...

A: Business organisation can be set up by various forms like: Sole proprietorship Partnership Corporat...

Q: ABC Company provides you the following data: ...

A: Ratio analysis is a tool used by the financial analyst to measure the financial performance of the c...

Q: In need of an answer for letter B. Thank you!

A: Degree of operating leverage is calculated on the basis of ratio of contribution margin towards tota...

Q: Calculate the monthly planned reductions for the month of November, given the following information:...

A: Given, Planned net sales = $299000 Total reductions = 15.7% Total reductions = 15.7% x $299000      ...

Q: Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; s OMR 2,000 and util...

A: Ans. Net profit is computed by deducting all direct and indirect expenses from the income received i...

Q: Accounting Question

A: Given: To find the cash slow statements and supporting schedules with the values provided as,

Q: Bahamas Hotol Union Ponsion Fund has tho following boginning of tho yoar present values for its proj...

A: Corridor Approach - It is technique in which, the amount of gains or losses to be recognized on the ...

Q: Income Statements under Absorption Costing and Variable Costing Gallatin County Motors Inc. assemble...

A: SOLUTION-           1-                                                GALLATIN COUNTY MOTORS INC    ...

Q: Steele Inc. Consolidated Income Statements (in thousands except per share amounts)   2019 2018...

A: Profit Margin = Net IncomeNet Sales Profit Margin for 2019 = 391,1797,245,088=0.05 Profit Margin for...

Q: Difference between debit and credit

A: Introduction: Accounting: Accounting is an art of recording of recording , classifying , summarizing...

Q: On January 1, 2019, JWS Corporation issued $600,000 of 7% bonds,due in 10 years. The bonds were issu...

A: 1. Calculation for Bonds Issuance Entry  A) Discount on issue of bonds.   = Bonds Issue price-Bonds ...

Q: Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller)...

A: Perpetual inventory system in which purchase and sales of inventory are recorded on real time basis.

Q: Vignette 6.1 ERRONEOUS RECORD KEEPING This is it, Max-either you get our account straightened out, o...

A: Internal controls:- Internal controls are considered as the processes, mechanism and rules that are ...

Q: Please answer number 4

A: Target Costing is a method in which a company determines the selling price and the profit margin in ...

Q: The equity method of accounting for long term Investments in shares is used by investors when: a) Th...

A: The equity method is defined as an accounting technique used by a company to record the profits earn...

Q: 1. How is the separation of duties performed

A: Separation of duties is also termed as segregation of duties. segregation of duties is internal cont...