h payroll outsourcing?

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A: a) What was the book value of the equipment at December 31 the end of the fourth year?  

Q: Accounting Question

A: Variable cost: It is the cost that varies with the level of output of the organisation.

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A: Decision making is a process or an act of deciding something using rational thinking, intuition and ...

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A: Notes receivable: It records the value of promissory note. Promissory note is the note that specifie...

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A:

Q: Identify 2 specific Australian companies that use activity based costing system and explain why.

A: Activity-based Costing: is a system od accounting method which identifies the activities of the comp...

Q: Night Glow Inc. recently began production of a new product, the halogen light, which required the in...

A: Since we are entitled to answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the que...

Q: The payroll register of Seaside Architecture Company indicates $830 of Social Security and $210 of M...

A: A payroll tax is a tax withheld from the salary of an employee by an employer who pays it to the gov...

Q: XYZ Company declared a 2% stock dividend on common stock ($5 par). (Pretend there are 100,000 shares...

A: Common stock: These are the shares issued by a company to an outsider. These shares entitle a share ...

Q: In the Income Statement  for the year ended 31 December 2019, a company reported net income of $ 80,...

A: Definition: Retained earnings: Retained earnings are that portion of profits that are earned by a co...

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A: Mortgage liability: This is a debt where in an agreement is made which puts a lien on an asset. This...

Q: look at the image to solve the question

A: Meaning of Retained earnings: Retained earnings (RE) is the amount of net income left over for the b...

Q: Identify the normal balance (debit or credit) for each of the following accounts. Owner, Withdrawals

A: : Normal balance: The normal balance of accounts can be defined as an accounting process of classifi...

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A: Advertising expense: It can be defined as the expense that is incurred by the business in the promot...

Q: This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,000. Last year, his...

A: Tax: It is the compulsory payment that arises on the corporation, individual, and the organisation a...

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A: Definition: Discount note: These notes are issued at discount less than PAR value. Its a short term ...

Q: Financial Information ($ in millions, 2013) Company Sales Net Income Total Assets Liabilities $6,756...

A: Profit margin ratio = It is an profitability ratio. It is calculated by finding the net profit as a ...

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A: Combination of Direct Labor cost and Manufacturing Overhead is called Conversion Cost. Conversion Co...

Q: Samsung must assign overhead costs to its products. Activity-based costing is generally considered m...

A:  

Q: 1. Wang Company uses the double declining balance (DDB) method of depreciation on its fixed assets. ...

A:  It is also known as reducing balance method. It is accelerated form of depreciation, generally used...

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A: Cumulative preferred stock is a class of preferred stock whose dividends accumulate if they are not ...

Q: based on literature findings, state two key lessons that would inform contemporary organisations abo...

A: Definition: Activity-Based Costing: Activity-Based Costing refers to the allocation of the factory o...

Q: screen shot attached

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A: The following statement of cash flow shows the changes in balances of cash in subsequent year financ...

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

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A:

Q: If the owner of a company pays an amount of interest on a personal loan that he uses to begin his bu...

A: A personal loan is money borrowed by an individual for any purpose. These are unsecured loans given ...

Q: how useful is the activity based costing information isto the internal users in the organisation? Di...

A: Activity based costing is an approach to the costing and monitoring of activities and costing final ...

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A:

Q: with the help of the statement of income of the company attached please answer the below:   1: evalu...

A: The statements of the companies are evaluated to reflect the accurate valuation and economic conditi...

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A: Definition: Product life cycle: Every corporation in its operational life cycle has to pass through ...

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A: The desired sale method is used to calculate units to be sold to recover fixed costs and also gettin...

Q: Adjustment for Prepaid Expense The prepaid insurance account had a beginning balance of $11,500 and ...

A: The Numerical has covered the concept of Adjusting Entry in the Accounting cycle Adjusting Journal E...

Q: Identifying Customer Control and Recording Advance Payment Allstar Inc. sells uniforms and spirit c...

A: Revenue: It is the Income generated by any organization from the regular course of business activiti...

Q: A firm buys and sell two models, P and Q. The following unit’s cost are available (all figures are i...

A: The following cost to be included in the closing inventory: Purchase price Handling charges and imp...

Q: During June HASF company material purchases amounted to 5,000 pounds at a price of 7 per pound. Actu...

A: Standard costing involves setting standards for the cost and then comparing with the actual costs fo...

Q: Peng Company is considering an investment expected to generate an average net income after taxes of ...

A: Net present value method: Net present value method is the method which is used to compare the initia...

Q: Accounting Question

A: Account receivables: Accounts receivable (AR) is the balance of money due to a firm for goods or ser...

Q: Discuss the economic characteristics of firms that have the following mix of profit margin and asset...

A: Introduction: The net asset turnover is inversely proportional to the profit margin. it means higher...

Q: The table below shows accounting data of ABC company as of 30June 2020. From the data, establish an ...

A: Interest on mortgage = Mortgage x rate of interest                                     = $250,000 x ...

Q: Recording Revenue Under a Contract Modification Traders Inc. enters into a three-year office mainte...

A: The contract modification is the alteration in price or scope of the prevailing contract, which is a...