Mainininanu MachirerOla Eirerprise incuurred the plle olge, cuechisads in tru month.ofplenber2005Jadirect materalsCost LentreB.19260Indirect m nlswegesP.Cast entre A31501.2152,S1SIndirect eepenseslighting cooting topewer1750superisienCanteen seuices3600transpert seruicesmintainonce1500deprecicizion mach 1ovoinsurance build19032400Add Inpe commen cest ore to be aprertiored as polloesCost Mrogn Metre Rending Arm Oupied No p Erpleyser.AMaintainaneCerutreLost ofMachifertFim2076J00I0000250254012:5125 05.000150ISSOD501002550.000Riejuired prepure anr overhad analysis shet far the thure cost centre

overhead analysis sheet is the analysis of overhead ;to the cost centre of an organisation: the…

Olu Eireprise incurred te Pollasiag cerheads in tru mcnth.opepternblr 2005 Indirect materiale Cost Lentre 6,0 B. 19260 Indicert m s Cast centre A 3,150 1.215 2,ST5 Indirece espenss ligheing cooting pewer 1750 Superuision 3600 Canteen sruices transpert seruices maintainance 1500 depreciatien moch 1oso ISurance bild 59.650 Add Info commen cest ore to be apportiered as poloos Cest Mileage A Maintainane Cerutre Lost of Machikert Fim Metre Rending Area Ouupid No ug Broplayser. 20 76 15000 J00 25 12:5 30, AED 250 150 IS 5.000 1250 I Do s0.000 S00 25 Fruired prepure ane overhmd analysis shet for the thuee cost centre

Olu Eireprise incurred te Pollasiag cerheads in tru mcnth.opepternblr 2005 Indirect materiale Cost Lentre 6,0 B. 19260 Indicert m s Cast centre A 3,150 1.215 2,ST5 Indirece espenss ligheing cooting pewer 1750 Superuision 3600 Canteen sruices transpert seruices maintainance 1500 depreciatien moch 1oso ISurance bild 59.650 Add Info commen cest ore to be apportiered as poloos Cest Mileage A Maintainane Cerutre Lost of Machikert Fim Metre Rending Area Ouupid No ug Broplayser. 20 76 15000 J00 25 12:5 30, AED 250 150 IS 5.000 1250 I Do s0.000 S00 25 Fruired prepure ane overhmd analysis shet for the thuee cost centre

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter8: Inventories: Special Valuation Issues

Section: Chapter Questions

Problem 18E: Errors During the course of your examination of the financial statements of Burnett Co., a new...

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QUESTION 1 The trial balance of The Parker Exclusive Mens Clubs at 31th May 2020 is as follows GHSAccumulated fund (1/06/2019)23364000Massage Palour inventory at beginning (1/06/2019)4455000Massage Palour Purchases8382000Building (Cost)21153000Equipment (Cost)2640000Furniture and fittings (Cost)1650000Subscriptions1980000Affiliation Fees247500Savings Account5610000Venue of the "Weekend in Paradise Trip" 115500Executive Mens Club Entrance fees198000Massuer's Wages and Salaries825000Accumulated Depreciation Building 8461200Equipment 660000Furniture and Fittings 165000Salaries792000Rent 316800"Weekend in Paradise Trip" expenses198000Administrative expenses574200Interest on Savings account313500Sale of "Weekend in Paradise Trip" tickets2508000Bank account (Current)4125000Donation for "Weekend in Paradise Trip"610500Revenue from Massage Palour12540000Life membership fees610500Utilities326700102821400Additional Information1. Massage Palour inventory (31st May 2020)8910002. Subscription paid…
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Eng Tat is a manufacturer. His trial balance as at 31 December 2020 is as follows: Particulars DebitRM CreditRMDelivery van expenses 1,760Lighting and heating:FactoryOffice 7,2201,490Manufacturing wages 72,100General expenses:FactoryOffice 8,1001,940Sales representatives : Commission 11,688Purchase of raw materials 57,210Rent:FactoryOffice 6,1002,700Machinery (Cost : RM40,000) 28,600Office equipment ( RM9,000) 8,200Office salaries 17,740Accounts receivables 34,200Account payables 9,400Bank 16,142Sales 194,800Van (cost RM6,800) 6,200Inventory at 31 December 2020:Raw materialsFinished goods 13,26041,300Drawings 24,200Capital 155,950TOTAL 360,150 360,150 Prepared by: Puan Siti Nor Junita Mohd Radzi Additional information:i. Inventory at 31 December 2020:a. Raw materials RM14,510b. Finished goods RM44,490ii. Depreciate machinery RM3,000; office equipment RM6,000; van RM1,200iii. Manufacturing wages due but unpaid at 31 December 2020 RM550; office rentprepaid RM140 Required: c) Prepare…
Auditing || fall20 Dashboard My courses ACCT4141_iram_fall20 WEEK 7: 25 OCTOBER - 31 OCTOBER Case study 2 Separate groups: 5 My Submissions Case 2 Title Start Date Due Date Post Date Marks Available Case study 2 - Case 2 27 Oct 2020 - 08:00 28 Oct 2020 - 06:00 28 Oct 2020 - 19:00 100 Summary: On Chapters 9, 10, and 11: The YuRaeKa charity was established in 1960. The charity’s aim is to provide support to children from disadvantaged backgrounds who wish to take part in sports such as tennis, badminton, squash, basketball and football. YuRaeKa has a detailed constitution[1] which explains how the charity’s income can be spent. The constitution also notes that administration expenditure cannot exceed 10% of income in any year. The charity’s income is derived wholly from voluntary donations. Sources of donations include: (i) Cash collected by volunteers asking the public for donations in shopping areas, (ii) Cheques sent to the charity’s head office, (iii) Donations…
Errors During the course of your examination of the financial statements of Burnett Co., a new client, for the year ended December 31, 2019, you discover the following: Inventory at January 1, 2019, was understated by 6,000. Inventory at December 31, 2019, was overstated by 5,000. During 2019, the company received a 1,000 cash advance from a customer for merchandise to be manufactured and shipped during 2020. It had credited the 1,000 to sales revenue. The companys gross profit on sales is 50%. Net income reported on the 2019 income statement (before reflecting any adjustments for the above items) is 20,000. Required: Next Level What is the correct net income for 2019?
https://www.bartleby.com/questions-and-answers/problem-4-at-the-beginning-of-current-year-enhypen-company-sold-an-equipment-with-remaining-useful-l/a60f292e-57d9-4073-b13d-e18c4987b1f4 above link answer's 1, 2, and 3 please answer the number 4
DATA PROVIDEDThe pre-adjustment trial balance of Wing-It (Pty) Ltd as at 31 August 2022 is presented:AccountDebitCreditProfessional fees765 000Goods sold435 000Cost of sales215 000Interest received19 500Interest on loan6 300Bank charges3 200Cleaning1 500Staff welfare650Salaries and wages35 850Municipal services6 850Printing and stationery16 715Telephone18 600Fuel and oil56 000Repairs and maintenance: Building5 200Repairs and maintenance: Vehicles6 850Capital: Blue520 000Capital: Green630 000Drawings: Blue35 000Drawings: Green27 000Current account: Blue2 500Current account: Green6 400Retained income265 000Land500 000Buildings1 500 000Accumulated depreciation on buildings21 000Vehicles380 000Accumulated depreciation on vehicles65 000Equipment and electronics79 500Accumulated depreciation on equipment and electronics1 5008% Long-term loan325 000Bank: FNB168 000Bank: ABSA32 000Debtors control account85 000Allowance for credit losses6 400Creditors control account78 600Petty cash2…
a. Make a general journal of the 8 transactions (December 2-16, 2020).
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Dollar-Value LIFO Retail Intella Inc. adopted the dollar-value retail LIFO method on January 1, 2018. The following data apply to the 4 subsequent years: In addition, the following price indexes are available: Required: Compute the inventory at the end of each of the 4 years. Round the cost-to-retail ratio to 3 decimal places.