In no fewer than 300 words, Do you think technical writing important in our everyday lives?
Q: For all revenue that appears on a company's Income Statement, the company must have been paid in cas...
A: solution concept Accrual basis of accounting Under Accrual basis of accounting the reven...
Q: Prepare a quarterly production budget. Assume that the sales forecast for the first quarter of the f...
A: The production budget is prepared to know how much production should be done in order to support the...
Q: For the 2021 audit of the financial statements, you are tasked to audit EMPLEO Corporation’s liabili...
A: 1) Accounts payable. shalll be P350000. It will include suppliers debit balance of P30000. 2) Div...
Q: What is the contribution to the asset base of the following items under the Basel III requirements? ...
A: The underlying assets that would provide value to a firm, investment, or loan are referred to as its...
Q: GBV Co. is preparing its November 30, 2015 bank reconciliation statement. The following information ...
A: Credit memos are those collections made by bank, which are not yet recorded in books of account. Thi...
Q: A building was purchased for $400,000 and depreciated for 10 years on a straight-line basis under th...
A: Depreciation formula as per straight-line basis: Annual depreciation=Cost-Salvage valueUseful Life
Q: Work in process Inventory jan, 1 2009 Direct materials inventory, dec. 31,2009 Finished goods invent...
A: The direct costs are the costs that are directly related to production such as direct materials and ...
Q: The following bank reconciliation is presented for HRCA Company for the month of November 2020: Bala...
A: Ideally cash balance as per cashbook and bank statement balance should reconcile with each other and...
Q: Freedom Co. purchased a new machine on July 2, 2019, at a total installed cost of $132,000. The mach...
A: Depreciation is considered as an expense charge on the value of the Asset. It can be calculated by u...
Q: Answer if true or false. If false write the word that makes the statement incorrect/wrong. 1. In oth...
A: FOB destination and FOB shipping point are two type of shipping terms that are used. Credit card is ...
Q: Assuming there have been no intercompany transactions, which of the following is an incorrect statem...
A: Consolidation is the process of combining two or more entities' assets, liabilities, and other finan...
Q: For the 2021 audit of the financial statements, you are tasked to audit EMPLEO Corporation's abilit...
A: Dividends is the part or share of profits that is, being distributed to the shareholders of the comp...
Q: Please tell me more about the relationship of different Financial Statements.
A: Financial statements are those statements which are statements which are reported at the end of acco...
Q: Which of the following procedures would an auditor most likely perform in searching for unrecorded l...
A: Audit is the process of examining and verifying books of accounts and financial information and this...
Q: Problem #3 On June 30, 2021 Gerry and Henry, competitors in business, decide to consolidate their bu...
A: Partnership is one of the form of business organisation. At the time of formation of partnership, al...
Q: 6. How much is the total revenue from sales? Your answer 7. How much is the total expense? Your answ...
A: Hi student Since there are multiple subparts, we will answer only first three subparts.
Q: Assume that IBM leased equipment that was carried at a cost of $62,000 to Carla Vista Company. The t...
A: Answer - Lease Liability Recording - In recording lease Liability, the amount of lease Liability i...
Q: When does sales revenue is recognized? When does sales revenue is recorded? Does recognize and recor...
A: The sales revenue is the amount of total sales made during the period.
Q: Statement 1: In single entry, Payables ( accounts and notes) could be determined from sales invoices...
A: The answer for the multiple choice question and relevant explanation are presented hereunder : There...
Q: 22. Partially correct answer icon Your answer is partially correct. Carla Corporation enters into a...
A: Lease is a form of agreeement or arrangement between two or more than two persons, in which one part...
Q: Bulgasal Company provided the following data: 2020 2021 Share capital (P100 par value) 5,000,000 5...
A: Solution Given 2020 2021 Share capital (P100 par value) 5,000,000 5,850,000 Sh...
Q: Salaries Expense $ 91,500 Accounts receivable $ 86,500 Share Capital 40,000 Insurance Expense 10,800...
A: The income statement is prepared using trial balance and it tells about the profitability of the org...
Q: Obtaining an understanding of an entity's internal control is more likely to be performed more exten...
A: Internal controls are a set of preventive measures that are put in place with the purpose of ensurin...
Q: Muskoko Inc. purchased a property for $1.800,000 in 2022. The carrying value of property was $1,500,...
A: Correct option: B. Impairment loss of $ 250,000 Incorrect options: A. Impairment gain of $ 550,000 C...
Q: Miranda Corp. received an order from a customer on October 1. The toys were shipped on October 15. T...
A: The sales revenue is the revenue earned with the goods are sold and shipped to customers.
Q: X Co. is engaged in constructing and renting office space to various businesses. On September 1, 200...
A: Revenue that related to future period of time, but received in advance is known as unearned revenue....
Q: In 2018, Coca Cola Company earned service revenues amounting to P700,000, of which P630,000 was coll...
A: Accrual basis: Under accrual basis accounting, revenue and expenses are recognized when they are inc...
Q: The following transactions (in summary) affecting the accounts receivable of Seraphine company occur...
A: Allowance Method - Under allowance method company make provision of uncollectible accounts at the en...
Q: urn not later than January 15, 2022. The tax due per his return is P100,000.
A: Failure to pay tax due according to rules and regulations before the stipulated date attracts the in...
Q: Bulgasal Company provided the following data: 2020 2021 5,000,000 5,850,000 Share capital (P100 par ...
A: Solution Concept Net income for the current year =change in retained earnings + share dividend issue...
Q: GG Co. had the following transactions with two subsidiaries, OO and RR during 2020: Sales of P105,00...
A: In consolidated Balance sheet any transaction which is happen between holding and subsidiary company...
Q: What is the Vehicle deduction and remaining UCC on a starting UCC of $15,000.00 for someone who driv...
A: Certain deductions are allowed by the Internal Revenue Services (IRS) to individuals and businesses ...
Q: Prepare the following: • Statement of Financial Position • Trial balance
A: Financial statements are the set of records of the financial transactions and position of a business...
Q: Omicron Ltd. has a petty cash fund for $2,750 when established. When financial statements are prepar...
A: The petty cash fund is established to maintain the cash balance for smaller cash transactions of the...
Q: The following details are found in the incomplete bank reconciliation statement of Phillip Company f...
A: Bank reconciliation statement is prepared to reconcile cash balance as per cashbook and bank balance...
Q: What is the net benefit (in rate or percent) of paying on the 35th day instead of obtained a loan th...
A: Credit term refers to a method used by the firms to encourage buyer or debtor to pay the amount of t...
Q: Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inven...
A: Cost accounting is the one widely used by the cost accountant to determine the cost per unit of the ...
Q: You are employed as a research and development manager for a production company. The chief ex- ecuti...
A: A cost appears to be an expenditure made in the manufacture or sale of a product, or in the maintena...
Q: LOUD BASE WIRELESS sells a variety of mobile telephone accessories including several brands of Wirel...
A: Solution A Journal is an company's official book in which all business transactions are recorded in ...
Q: In 2017, Coca Cola Corporation incurred operating expenses amounting to P100,000 of which P75,000 wa...
A: As per expense recognition principle, all expenses related with a particular time period should be r...
Q: y created a standard cost system to help control costs and has established the following standards f...
A: Material price variance = (Standard price - Actual price)*Actual quantity purchased Material quantit...
Q: Ms. QWE began a business on April 1, 2021, contributing to the business the following assets: Cash 3...
A: The transactions in the business effects two or more accounts. The accounting equation states that ...
Q: 2. ABC Corporation issued P1,000,000 in 8% bonds, maturing in ten years and paying interest semi-ann...
A: Solution Concept When the coupon rate of bond = market rate of interest , bond is called a par valu...
Q: 1. Borrowed money amounting to 5,000 from Baguio city bank for business purpose. 2. Some food produc...
A: Accounting equation of the business says that total assets must be equal to total liabilities and eq...
Q: Weighted-average cost per unit
A: Inventory: Inventory means to stock it may be raw materials, work-in-process or finished goods Goods...
Q: Pantone Corporation is a calendar year taxpayer. Dave owns one-third (100 shares) of Pantone stock. ...
A: A dividend is a fee paid to the shareholders of a company. It is used by businesses to distribute pr...
Q: Corporate Estimated Tax. F Corporation, a calendar year corporation, reported the following informat...
A: There is requirement to pay the estimated tax on quarterly basis, however the actual tax liability m...
Q: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at...
A: The cost of goods manufactured timetable is used to determine the cost of producing goods over a spe...
Q: V Corp. owns 70% of F Corp’s ordinary shares. On August 1, 2020, F Corp. sold a machine to V Corp. f...
A: solution concept The non controlling interest refers to the interest of the minority shareholders In...
In no fewer than 300 words, Do you think technical writing important in our everyday lives?
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- I need to solve this question in this 35-minute Engineering Industry courseA computer chip manufacturer made 230,000 chips last week. If 8% of them were defective, how many defective chips were made?Attorney$77,000Software Engineer$63,000Administrative assistant$33,000Elemetary school teacher$40,000Registered Nurse$53,000Construction project manager$72,000 Which of these is likely true, based on the charted data? Construction project managers are in higher demand than teachers. Registered nurses are more plentiful than administrative assistants. Society values administrative assistants more than software engineers. There are more attorneys than there are registered nurses.
- How can bad writing waste a businessperson’s time? A researcher asked that question of workers who read business material an average of 25 hours per week (about half of which was e-mail). What writing flaws do you think they named? Should new employees be trained in writing effectively on the job?The controller of a retail company has just had a $50,000 request to implement an ABC system quickly turned down. A senior vice president, in rejecting the request, noted, "Given a choice, I will always prefer a $50,000 investment in improving things a customer sees or experiences, such as our shelves or our store layout. How does a customer benefit by our spending $50,000 on a supposedly better accounting system?" Question: How should the controller respond?Mark typed an average of 74 words per minute on the first 500 words of his 1000 word essay. Because of fatigue, he was only able to type 44 words per minute on the remaining 500 words. What was Mark's average word per minute on his entire essay?
- May I ask for help with this question? I got an answer of 9,600,000 (Rounded Up) Please check. N Co. incurred the following costs in self-generating computer software:i need D E F and G to be solved please (a) What is the total manufacturing time required to meet the office chairdemand? =2268 hr(b) What is the total manufacturing time required to meet the reclining chair =1530demand?(c) What is the total manufacturing time required to meet the studio chairdemand?=1632(d) What is the total manufacturing time required to meet the conferenceroom chair demand?(e) Given the current capacity cushion, what is the available manufacturingtime per workstation?(f) With the current setup, is UFS capable of meeting its demand requirements?(g) Suggest a strategy that could achieve a reduction in production costs.Discuss any advantages and disadvantages of your proposed solution.i can only come up with 37 days and it keeps saying wrong please help me understand how to do this problem?
- A manufacturing firm just received a shipment of 20 assembly parts, of slightly varied sizes, from a vendor. The manager knows that there are only 15 parts in the shipment that would be suitable. He examines these parts one at a time.a. Find the probability that the first part is suitable. (Round your answer to 2 decimal places.) b. If the first part is suitable, find the probability that the second part is also suitable. (Round your answer to 4 decimal places.) c. If the first part is suitable, find the probability that the second part is not suitable. (Round your answer to 4 decimal places.)A recent IBM research of 585 mobile application developers and managers revealed that just one-third of projects met their budget, schedule, and objectives. What are the risks, therefore, for companies like FIMC that rush to market with innovative mobile applications?What is the role of simulation and modeling in the T&E process? (250 words) Keyword is role. This is not definition of simulation and modeling, but the role simulation and modeling plays in T&E.