PROBLEM SOLVING 1 Instruction: Show your solution in every problem that needs computation Number 1.No Ka Pee Co. 2.La Tani Service Direct Direct Income 55,000 Labor Materials. 2,500 1,000 Ungan 89,700 5,200 20,450 Co. 3.Keye Tod Ay 148,300 2,420 32,200 Co. 2. All of the Company are ended on December 31. 3. Follow the example format below. Salaries Expenses 16,000 Service income Direct Labor Direct Materials Direct Cost of Service Salaries Expenses Utilities Rent 12,360 Supplies Total Expenses Net income or Net loss 24,000 Utilities Rent P55,000 (2,500) (15,000) 2,000 5,000 No Ka Pee Co. Income Statement For the Year Ended December 31 (16,000) (2,000) (5,000) (4,000) 4,580 6,000 Requirements: 1. Prepare the Income Statement using all the information above for La Tan Ungan Co. and Keye Tod Ay Co. 6,820 P55,000 (17,500) Supplies (27,000) P10,500 4,000 5,000 10,000 9,020

PROBLEM SOLVING 1 Instruction: Show your solution in every problem that needs computation Number 1.No Ka Pee Co. 2.La Tani Service Direct Direct Income 55,000 Labor Materials. 2,500 1,000 Ungan 89,700 5,200 20,450 Co. 3.Keye Tod Ay 148,300 2,420 32,200 Co. 2. All of the Company are ended on December 31. 3. Follow the example format below. Salaries Expenses 16,000 Service income Direct Labor Direct Materials Direct Cost of Service Salaries Expenses Utilities Rent 12,360 Supplies Total Expenses Net income or Net loss 24,000 Utilities Rent P55,000 (2,500) (15,000) 2,000 5,000 No Ka Pee Co. Income Statement For the Year Ended December 31 (16,000) (2,000) (5,000) (4,000) 4,580 6,000 Requirements: 1. Prepare the Income Statement using all the information above for La Tan Ungan Co. and Keye Tod Ay Co. 6,820 P55,000 (17,500) Supplies (27,000) P10,500 4,000 5,000 10,000 9,020

Accounting Information Systems

11th Edition

ISBN:9781337552127

Author:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Publisher:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Chapter2: Enterprise System

Section: Chapter Questions

Problem 3P: Conduct research on an ERP package, such as Microsoft Dynamics GP or Microsoft Dynamics NAV, for...

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Conduct research on an ERP package, such as Microsoft Dynamics GP or Microsoft Dynamics NAV, for small to medium-sized (SME) organizations (between 30 million and 1 billion in revenues). Compare that package to the SAP system in terms of available modules, functionality, and so on.
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