In what circumstance must entities register for GST in Australia?

Q: ABC Enterprise would like to evaluate/analyze an investment proposal. Given the following: Investmen...

A: Answer:- Discount rate is 14% Dividends / Revenue stream  is 100,000 Increase in revenue stream is 5...

Q: 167. Pearce CompanyPearce Company uses a standard cost system for its production process. Pearce Com...

A: Solution: Variable overhead spending variance = (SR - AR) * AH Standard rate of variable overhead = ...

Q: Which of the following statements about “RESP’s are true?

A: The answer for the multiple choice question and relevant explanation are presented hereunder : RRSP ...

Q: The following transactions apply to Pecan Co. for Year 1, its first year of operations: 1. Received ...

A: The accounting equation states that assets equal to sum of liabilities and equity. The balance sheet...

Q: Under the capital maintenance concept, which of the following items should be deducted from the incr...

A: Capital maintenance is an accounting concept based on the principle that a company's income should o...

Q: Technoid InC. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2...

A: The question is based on the concept of Lease Accounting.

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company. ...

A: As company started business on June 1st, hence there will not be any beginning balance.

Q: Golden Eagle Company has the following balances at the end of November:

A: Transaction Date General Journal Debit Credit 1 (a) December 1 Supplies  $4,100       Cash   $4,...

Q: Mr Zoo is planning to set up a mini Zoo in Howick.   The following relates to different pricing pl...

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: 9.Hong Kong Clothiers reported revenue of $5,150,000 for its year ended December 31, 2021. Accounts ...

A: Answer -  Cash collected from customers = Sales Revenue + Opening Account Receivable - Closing Accou...

Q: For the year ended December 31, 2021, Fidelity Engineering reported pretax accounting income of $1,0...

A: Tax is an amount that is charged by the government from the individual and organization on the incom...

Q: Maintenance cost at 7,200 machine hours = Variable cost + Fixed cost = (7, 200 x $3) + $30,000 = $51...

A: The question is based on the concept of Cost Accounting.

Q: Depreciation Problems: 1. Strand Corp purchases a machine on 4/1/20. Cost $110,000, costs to ship $5...

A: Solution Given Date of purchase 4/1/20 Cost of asset =110000+5000+5000 =120000 Salva...

Q: Discuss the history of Accounting?

A: Italy, birthplace of many of the world's most important historical figures like Michelangelo, Leonar...

Q: what drawings are concerning small business and answering her query concerning her holiday.

A: Dear Linda,    I acknowledge your query concerning your holidays and drawings. Drawings refers to an...

Q: tement of changes in owners equity summarizes the effects on the capital account of the various busi...

A: Solution: The statement of changes in owners equity represents the changes in balance of equity from...

Q: the amount allocated to automobile loans. a. Formulate a linear programming model that can be used ...

A: *As per Bartleby guidelines, we are supposed to answer only three subparts. Kindly repost the remain...

Q: sume the following independent cases: A. At the beginning of the year, a check was issued for P400,...

A:     Answer AMOUNT CASE A The cost of Land will be     Cheque issued                          ...

Q: On March 28, the corporation purchased 10,000 shares as treasury stock at P15 per share. On April 10...

A: The issued and outstanding shares are the shares that are issued by the company and are not repurcha...

Q: Directions: Identify the accounting principles that are being violated in the situation below. 1. Up...

A: 1.  Explanation: Here, the matching principle is violated which requires related expenses should be ...

Q: ormasa Plastics has major fabrication plants in Manila and Pampanga. The president wants to know the...

A: Solution Given Annual investment (annuity) 1000000 Number of period 8 years Rate of ...

Q: Assume you expect a company’s net income to remain stable at $3500 for all future years, and you exp...

A: CAPM refers to the Capital Asset pricing model, under this model cost of equity can be calculated us...

Q: Problem 2 ABM Enterprise would like to evaluate/analyze an investment proposal. Siven the following:...

A: The Net Present Value: Managers constantly use capital budgeting tools to assess prospective investm...

Q: ABC Ltd has the following land and buildings in its financial statements as at 30 June 2022: Residen...

A: Revaluation process refers to adjustment of book value of any asset to its fair value or current mar...

Q: The Hilton's manufacturing company uses job order costing system. The company uses machine hours to ...

A:

Q: can be purchased by paying a down payment of P15 ents, the first installment to be after two years a...

A: Here, Interest Rate is 15% Compounded Semi-annually Details of First Option: Down Payment is P150,00...

Q: ACCOUNTING: Julius Ceasar organized Eternal Images, a photography and portrait studio, on Oct. 1, 20...

A: Journal entries recording is the first step of accounting cycle process, under this atleast one acco...

Q: A post-closing trial balance is prepared to test the equality of the general ledger after all adjust...

A: Answer) False  

Q: We use dual model for lease accounting due to the accounting concept of: A) Conservatism. B) Materia...

A: Lease is a contract between lessor and lessee to use the underlying asset. Lessor is a owner of the ...

Q: me statement represents the basic accounting equation. True or false?

A: Solution: Basic accounting equation is that Assets are equal to the sum of Liabilities + equity. The...

Q: Appliance Apps has the following costs associated with its production and sale of devices that allow...

A: The income statement is prepared to estimate the net income or loss incurred during the period. 

Q: 4. Estrada V. Escritor sells on terms 3/10, net 30. Total sales for the year are P2,539,130. Forty p...

A: Accounts Receivables: Accounts receivables, shortened as AR or A/R, are legitimately enforceable cas...

Q: Calculate the final selling price to the nearest cent and markdown percent to the nearest hundredth ...

A: Answer) Calculation of Final Selling Price Selling price after final markdown = Selling price after ...

Q: 8 9 19 0 Given the following information, calculate the maintained markup %: Cost 1 Retail $69,600.0...

A: Introduction:- The markup on items supplied to consumers, or the difference between the cost of good...

Q: An investor purchases a 20-year, $1,000 par value bond that pays semiannual interest of $50. If the ...

A: Current market value of the bonds = Present value of principal + Present value of interest payments ...

Q: Teal Leasing Company agrees to lease equipment to Flint Corporation on January 1, 2020. The followin...

A: Lease: A lease is a lawful agreement by which one party conveys land, property, administrations, and...

Q: In a 5-year finance lease, the amortization expense of the right-of-use asset in the third year is: ...

A: Solution: Amortization of Right of use asset is the difference between periodic lease payment and in...

Q: X Answer is complete but not entirely correct. CHEETAH СOРY Depreciation Schedule-Double-Declining-B...

A: solution given Cost of machine $110000 Residual value 27500 Useful life 4 years ...

Q: Question 2 A Massy Company issued $4,000,000 of 10-year, 11% bonds on January 4, 2021. The bonds pa...

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

Q: The following balances were reported by Nagpapangap Company on December 31, 2020 and 2019: 2020: Acc...

A: Gross Purchase refers to Total Purchase it including cost of goods returned and Discounts also. Unde...

Q: The operations vice president of Security Home Bank has been interested in investigating the etticie...

A: Solution: First stage allocation of cost to activity cost pools Particulars Total Cost Opening ...

Q: IZ Corporation purchased land for $500,000. Later in the year, the company sold a different piece of...

A: Cash flow Statement is a aspect of financial statement that represents inflow and outflow of cash in...

Q: Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the u...

A: Predetermined overhead rates are used to allocate the indirect cost. It can be allocated on the basi...

Q: What is an assessment under the income tax assessment legislation? and why are assessments importa

A: Solution Return under income tax                 Every person whose income is taxable as per the inc...

Q: Critically discuss the pre and post-acquisition reserves of a subsidiary and the accounting treatmen...

A: Introduction:-   A balance sheet (also known as a statement of financial position or a statement of ...

Q: Estrada V. Escritor sells on terms 3/10, net 30. Total sales for the year are ₱2,539,130.  Forty per...

A: The average amount of receivable can be calculated by multiplying the average receivable per day by ...

Q: Chapter 5 Problems 0 Saved Hetp Save & Ext Subnit Check my work Problem 5-5A (Static) Milligan's Mil...

A: Sol : Federal income tax witholding : Particulars D. Balestreri Y. Milligan H.Curran D.Liberti ...

Q: Bismarck Cameras, Inc. manufactures two models of cameras. Model ZM has a zoom lens; Model DS has a ...

A: The overhead is applied to the production on the basis of predetermined overhead rate. The total cos...

Q: Brian May, guitarist for Queen, does not know how to price his signature Antique Cherry Special that...

A: Price = Cost + Markup where, Markup = Cost x Markup %

Q: order to determine usefulness of intangibles, investigation and the examination of income data relat...

A: Goodwill, patent and others is an intangible asset which cannot be seen or touched, add value to the...