Under conjugal partnership of gains, gross conjugal property is_

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A: Operating income is the income due to the results of the operations of the company. Operating income…

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A: Variable cost is the cost that changes with the change in the output level. Variable cost remains…

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Q: According to Ian Redpath and Bob Lickwar, what is the purpose of the IRS 1444 letter/notice?

A: Introduction Economic impact payments are Coronavirus aid, relief, it provides payments up to $1,200…

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A: Lets understand the basics. Return on total asset indicates how efficiently company is using its…

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A:

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A: Solution:- Given, Winsor Clothing Store had a balance in the Accounts Receivable account at…

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A: Solution: When any asset is contributed by any partner in partnership, then it is recorded at fair…

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A: Taxable income refers to the income on which the tax is levied by the government. The tax is charged…

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A:

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A: Differential analysis is done to select between one or more alternatives, the benefit of one or more…

Q: 1. On 1 January 2019, Pitty Ltd purchased 30% of the shares in Annah Ltd for P700, 000. At this…

A: Value of net assets of annah ltdas on 31/12/2019.                       P1500000       30% of net…

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A: Aggregate capital balance of Dolce and Gabbana = P 160,000 + P 80,000 Aggregate capital balance of…

Q: wrtin Company issues $2,000,000, 6%, 5-year bonds on lanuary 1, Year 4. The bonds pay interest…

A: Solution: The issuer of bonds pays a periodic amount of interest to the bondholders. The Interest…

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A: Journal entry is the primary step to record transactions in the books of account. The journal entry…

Q: After analyzing the transactions, prepare a vertical analysis schedule for the company for 2021 and…

A: In vertical analysis income statement, each items of income statement is listed as a percentage of…

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A: Introduction: Depletion: Decreasing value of assets over its useful life period called as Depletion.…

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A: The debt-equity ratio refers to the ratio which evaluates the company's position in terms of its…

Q: The following info aiapUPAP SL UOI Started this month 80,000 units Beginning WIP (60% incomplete)…

A: The solution is given in the explanation area. Explanation:

Q: Managerial accounting is often reffered as accounting for internal users of information. true or…

A: Accounting refers to an art of recording transaction in the books of a company and using these…

Q: Del Spencer is the owner and founder of Del Spencer's Men's Clothing Store. Del Spencer's has its…

A: Solution: Budgeted cash collections for the month =  Cash sales + Collections of credit sales

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A: The question is based on the concept of Construction Contracts. Under these contracts revenue is…

Q: Variable cost per uni

A: The total cost of production of a good comprises of the total fixed cost of production and the total…

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A: In keep or Replace analysis, Revenues and costs of Keeping the old Asset should be compared with…

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A: Generally accepted accounting principles are standard accounting principles, standards and…

Q: 1.Prepare the required adjusting entries in good form. Show your computation as the third line…

A: The adjustment entries are prepared to adjust the revenue and expenses of the current period.

Q: Sergei Company purchases land for $4,000,000 from which it expects to extract 2,000,000 tons of…

A: Depletion expense is the cost that is charged against the profits for the use of natural resources.…

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A: Audit refers to the examination or auditing of the financial statements (FS) namely income statement…

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A: GRI is an independent organization that has pioneered sustainability reporting since 1997. GRI helps…

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A: Before tax cash flows refer to those cash flows are available to the business entity before the…

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Q: Why would an investigator interview the prime suspect last in the interview proces

A: Fraud investigation is an important area in accounting especially after big fraud scandals like that…

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A: A sales budget is a financial projection of a company's total revenue over a given period of time.…

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A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…

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A: The  GDS method of depreciation stands for General Depreciation System. It is one of the most…

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A: Closing Entries refers to Those entries which are made at the end of the period to closed the all…

Q: What is the difference between the Cumberland Gap and GAAP?

A: Answer:-  Difference meaning:- Difference is an important notion in philosophy, referring to the…

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A: In this question, we are required to analyse the effect of the following transaction in Assets,…

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A: Profit refers to the net revenue earned by a business from its operations. This amount is determined…

Q: The interest on a $4,000, 6%, 90-day note receivable is O $120 O $180 O $240 $60

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A: Aggregate capital balance of Nina, Ricci and Ralph = P 90,000 + P 50,000 + P 60,000 Aggregate…

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Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.