Explain briefly : 1. Chartered Certified Accountant (ACCA) designation. 2. Certified Financial Planner (CFP) designation. 3. Certified Management Accountant (CMA) certification. 4. Certified Public Accountant (CPA) certification. 5. Chartered Alternative Investment Analyst (CAIA) designation.

Q: ABC and XYZ Inc had the following balance sheets on December 31, 2021: (see image below) On January ...

A: Considerations Paid  40000 Current Assets   -   26000 Fixed Assets       -  54000

Q: Patron Bhd. is a company operating in an upstream exploration and production, focusing on the acquis...

A: As per Bartleby's guideline, three subparts of a single question have been solved. This question is ...

Q: Why does a student need to understand how to use a manual, paper-based accounting information system...

A: Answer: There are various types of accounting system. Previously widely used system was paper based ...

Q: BC and XYZ Inc had the following balance sheets on December 31, 2021: (see image below) On January 1...

A: Solution Requirements how much is the Goodwill arising from this Business Combination how much is th...

Q: MARCH 1 Caleb invested ₱50,000 cash and ₱20,000 equipment to his Kaizen Consultancy Services. 3 Boug...

A: Ledger is a prime book that includes all the accounts such as Assets Account, liabilities Account, C...

Q: QUESTION THREE MDAR Retailer Trial Balance as at 31 December 2011   Dr. Cr.   $ $ Discount ...

A: Income statement is one of the financial statement which shows all incomes and all expenses of the b...

Q: Statement 1: Cost of land includes Unpaid taxes prior to date of acquisition assumedbythe buyer. St...

A: solution concept Land are non depreciable asset and are carried in the balance sheet at the historic...

Q: RIVERDALE paid finder's fees of P80,000, legal fees of P26,000, audit fees related to stock issuance...

A: Business combination is the arrangement and agreement between two or more than two entities in which...

Q: ABC and XYZ Inc had the following balance sheets on December 31, 2021: (see image below) On January ...

A: solution given Purchase price 40000 Fair value of current assets of XYZ 26000 Fair v...

Q: "As of today, Americans live on average 20 more years after retiring, which calls for well-designed ...

A:

Q: Compute the present value of a $2,000 deposit in year 1, and another $1,500 deposit at the end of ye...

A: Deposit in year 1= $2000 Deposit in year 3 = $1500 Interest rate = 10%

Q: SOUND CORE WIRELESS sells a variety of mobile telephone accessories including several brands of Wire...

A: The perpetual inventory system vs. the periodic inventory system The perpetual inventory system auto...

Q: The transactions of Belle Company's appear below. 1. D. Belle created a new business and invested $6...

A: As per recording process , First journal entries are prepared from which entries are posted into T-a...

Q: An interest-bearing note for 118 days at 6.4% p.a. simple interest has a face value of $4053. If the...

A: An interest bearing note is a loan from the lender to the borrower on which interest is accrued and ...

Q: EQUIRED: 1. Prepare adjusting entries to record the above transactions 2. Prepare a worksheet 3. Pre...

A: The first step in recording entries is preparing journal entries. The journal entries are then poste...

Q: On January 1, 2021, ABC Co. acquired all of the identifiable assets and assumed all of the liabiliti...

A: Goodwill or gain on bargain purchase is a gap between the consideration paid and net identifiable as...

Q: Required: 1. Determine the high point and the low point. Month with high number of purchase orders M...

A: Hi student Since there are multiple subparts, we will answer only first three subparts. 

Q: estion 3. A company has peting one another under consideration and provides you the following inform...

A: Incremental Cash Flows: It the cash flow because of taking a new project. It can be positive or nega...

Q: SUPREME, a private not-for-profit fraternal organization, should prepare a statement of finandal pos...

A: Financial statements are those statements and reports which are prepared at the end of accounting pe...

Q: Saved Living Ornaments is offering a special for wedding planners. Wedding flower orders totaling ov...

A: Trade discount is that discount which is given on the list price of the product to all the customers...

Q: Johnson Corporation acquired all of the outstanding common stock of Smith Corporation for $12,200,00...

A: Goodwill is the amount of excess of consideration paid over the fair value of net assets of the acqu...

Q: Using the pre-determined overhead rate calculated above, calculate the overhead that would be alloca...

A: >Predetermined Overhead rate is calculated at the beginning of the period to allocate the overhea...

Q: ordinary share capital and accumulated profits of P Company and S Company are as follows: S Company ...

A: Consolidated Shareholders equity = P 11,991,000 

Q: Comparative financial statement data for Cullumber Corporation and Blossom Corporation, two competit...

A: Net income (NI), also known as net earnings, is calculated by deducting sales from the cost of goods...

Q: The following amortization and interest schedule reflects the issuance of 10-year bonds by Cullumber...

A: Bonds Payable - Bonds is an promissory notes that the issuer paid along with interest on maturity.

Q: 1. Journal Entries 2. Cost of Production Report for Department 1 and 2 for the month of June 2021 3....

A: The question provides us with the data of units and the costs incurred under various elements in bot...

Q: Explain and answer the following questions below: 1. Explain the measurement of accounts receivable....

A: Note: As per Bartleby guidelines,I am supposed to answer only the first question because these quest...

Q: a1) Prepare an income statement for Ivanhoe Company for the year ended April 30, 2022. (Enter negati...

A: Net income (NI), also known as net earnings, is calculated by subtracting sales from the cost of goo...

Q: In preparing a statement of cash flows, which of the following transactions would be considered an i...

A: solution concept cash flow statement consists of                 -cash flow from operating activitie...

Q: Bari Jay, a gown manufacturer, received an order for prom dresses from China. Her cost is $33 a gown...

A: Selling price = Cost/(1- Markup)  

Q: Problem 1 East Company reported the following current assets at year end: Cash 3,200,000.00 Acccount...

A: Current assets are those form of assets which are either in cash or can be converted into cash into ...

Q: E11-2 Recording note payable transactions [5–10 min] Record the following note payable transactions ...

A: Journal entries are the initial step of accounting cycle process, under which atleast one account is...

Q: PROBLEM 4 July Corporation uses process costing in its two producing departments. In Department 2, i...

A:

Q: Required: For the year ended 30 June 2023, prepare the pre-acquisition elimination entries.

A: Safe Ltd. acquired 100% shares of Mission Ltd. on 1st July 2021. Thus Mission Ltd. is a wholly owned...

Q: what is the difference between imprest fund system and fluctuating fund system?

A: Petty cash funds are funds established for the purpose of small petty expenses in the business. Pett...

Q: Supernova Company had the following summarized balance sheet on December 31 of the current year: As...

A: The technique of recording commercial transactions for first time in the books of accounts is known ...

Q: Westinghouse Company manufactures major appliances. Because of growing interest in its product, it h...

A: >Mixed Cost is a cost that has the features of BOTH - Variable cost as well as Fixed Cost. &g...

Q: Why do you think ethics is so important in accounting and business in general

A: Ethics in Accounting and business mean a set of specific guidelines or code of conduct which are bel...

Q: On March 1, AYE Merchandising had an inventory of P560,000 in its retail store. Purchases made in Ma...

A: The merchandise loss can be incurred due to fire or theft, etc. This loss can be estimated with the ...

Q: What is an income statement? Explain the components ( or equation) of the income statement.

A: The income statement is an important financial statement of the business.

Q: Compute for the amount of gain on reversal of inventory write-down on December 31,2021.

A: Inventory write down method refers to an accounting method which is used by the company to record th...

Q: 1. D. Belle created a new business and invested $6,400 cash, $6,000 of equipment, and $12,400 in web...

A: See , you have posted debit items into credit and credit items into debit , Otherwise the whole answ...

Q: Mr. Keyur received dividend @Rs34 per share, on account of 5000 shares held of a publicly  traded co...

A: Introduction:- A dividend is a payment made by a corporation to its stockholders. When a firm makes ...

Q: Refer to the arrangement in part (b). It would help YellowCard secure lease agreements with students...

A: Journal entry is a process of recording and classifying business transactions into books of accounts...

Q: A company's balance sheet shows: cash $30,000, accounts receivable $36,000, equipment $62,000, and e...

A: Introduction:- Balance sheet shows financial position of the company. The following accounting equa...

Q: BC and XYZ Inc had the following balance sheets on December 31, 2021: (see image below) On January 1...

A: Solution given Purchase price 40000 Fair value of current assets of XYZ 26000 Fair v...

Q: What are two separate events (may be domestic or international) that were influenced by U.S. income ...

A: Taxes, particularly income taxes, have existed for as long as we can remember. In the United States,...

Q: The Martinez Company issued $230,000 of 12% bonds on January 1, 2020. The bonds are due January 1, 2...

A: >Bonds Payable are the source of finance for the companies.   >The bondholders are entit...

Q: An assumption inherent in a company’s IFRS statement of financial position is that companies recover...

A: Solution Concept IFRS stands for the International financial reporting standards IFRS are approved a...

Q: Installment Sales Cost of Installment Sales Gross Profit 1,500,000.00 2,400,000.00 8 1 2,400,000.00 ...

A: In case of multiple sub-parts, only first 3 sub-parts shall be answered. Kindly repost the question ...