What is the difference between private and public liability companies

Q: Pearson Ltd is an Australian listed company. Its results for the financial year ending 30 June 2023 ...

A: Earnings per share represent the net earnings held in hands of the outstanding shares of the company...

Q: 174. Helix Co. entered into the following transactions involving short-term notes payable. On May 14...

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in...

Q: The following information is available for Jones Company for April: Started this month 80,000 uni...

A: "Since you have posted a question with multiple subparts, we will solve the first three subparts for...

Q: The Thompson Corporation, a manufacturer of steel products, began operations on October 1, 2019. The...

A: Solution Depreciation represents how much of an asset's value has been used .

Q: Should the amount of surplus or deficit in 2009 affect the decision to change the annual dues for 20...

A: Surplus or deficit in the income statement is the excess or shortfall of operating income of the org...

Q: On February 10, 2012, after issuance of its financial statements for 2011, House Company entered int...

A: Financial obligations that are projected to be paid off within a year are referred to as short-term ...

Q: Create a slogan suggesting the importance of Financial Statements

A: Importance of Financial Statement Financials statement is considered to be key in the business which...

Q: Q9 E4.3 E4.4 E4.8 E4.9 E4.13 Titles Cha E4.3 (LO 1, 4), AP Worksheet data for DeSousa Company are pr...

A: An income statement refers to the financial statement of any company or organisation which consists ...

Q: The relationship between debt and equity is referred to as:* financial structure financial freedom a...

A: Since you have posted two different questions , we will do the first question for you. Please re-pos...

Q: P 13-6 Foreign currency hedge, firm purchase commitment On October 2, 2016, Flx, a U.S. company, en...

A: To create a journal entry, you enter transaction data into your company's books. Your journal entrie...

Q: In Year 1of its operations, Reliable Company has revenues of $600,000 and expenses of $400,000. Of t...

A: Revenue.                                         $600000 less : expenses  ($400000 - $70000 +$30000)...

Q: Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the emplo...

A: The State Unemployment Tax Act, or SUTA, is a payroll tax that employers must pay to their unemploym...

Q: C&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis...

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

Q: Some of the largest business frauds ever perpetrated have involved the misstatement of inventory. Tw...

A: Fraud is defined as a purposefully misleading action intended to provide the guilty party with an un...

Q: A ratio is simply the relationship between * nominal numbers multiple numbers two numbers ranges

A: Introduction:- Ratio analysis is used to interpretation or analysis of the company's financial perf...

Q: Stacy's Dress Shop received a $1,240 invoice dated July 27 with 5/10, 4/15, n/60 terms. On August 10...

A: Note: 5/10, n/30: Here, 5 represents the discount rate if payment is made within ten days. And if pa...

Q: The unit cost… a. is the total conversion costs divided by the number of units produced. b. is the t...

A: Solution A unit cost is a total expenditure incurred by a company to produce , store and sell one un...

Q: ou are a newly hired fraud examiner. You have been asked to write a preliminary report on the scenar...

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

Q: Firms often treat investment centers as if they were a... Revenue center Stand-alone business Suppor...

A: Decentralization: Decentralization alludes to a particular type of authoritative construction where ...

Q: shares of ordinary share capital. Subsequently, 250,000 shares were issued at P25 per The Security C...

A: Share capital is the capital raised by the issue of shares. it is the amount invested by the shareho...

Q: Balance as per cash book Cheques deposited but not credited Cheques issued and entered in cash book ...

A: Bank reconciliation statement was prepared by the organisation for the given period of time to verif...

Q: 341,000 Fair value of plan assets, Jan. 1 Contributions to the retirement fund during the year Benef...

A: Formula: Return on plan Assets during the year = Fair value of plan Assets , Dec.31 + Benefits paid ...

Q: Guests Monday Tuesday Wednesday Thursday Friday Saturday Sunday Week's Total P 1 Daily Average P 2 R...

A: In order to determine the daily average, the total sum of observations (Revenue / Served ) are requi...

Q: On January 1, 2022, partners Kho, Lagman and Magno decided to liquidate their partnership. Prior to ...

A: Partnership liquidation is the official ending of a partnership agreement. It is a process of closin...

Q: A model NASCAR race car lists for $80.09 with a trade discount of 20%. What is the net price of the ...

A: The net price is the resulted value after deducting the trade discount from the list price.

Q: westerville company reported the following results from last year's operations: sales   $1,600,000 ...

A: An investment property is a piece of real estate purchased with the intention of generating a profit...

Q: Explain Double-Declining-Balance Method?

A: The depreciation expense is charged on fixed assets as reduction in the value of fixed assets with u...

Q: 1. Which of the following is true about the self-employed health insurance deduction? a.The cost of ...

A: As per the bartleby guidelines, in case of different question answer first 3 only   You may be able ...

Q: Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50...

A: Under sales value at split off approach total joint cost if allocated based on total sale value of e...

Q: On September 1, RAZZIL issued 3,000 shares with par value of P50 par ordinary shares to Atty. Rigor ...

A: Share capital means the amount of share that has been issued to shareholder .  Share premium means w...

Q: What do you call the owned natural resources of a firm? What is a common set of accounting standards...

A: Natural resources of the business are those found in the environment, these resources are natural ma...

Q: At present, a foundation who has 6 million deposit in bank with interest of 10% compounded annually,...

A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a prese...

Q: les On the other hand, Company B sells Buko Juice in Brgy. Cabacungan area for 5 years. Company B i...

A: The income statement shows the profit for the year and the cash flow statement shows the closing cas...

Q: Prepare all relevant entries relating to the equipment for the period from 1 July 2016 to 30 June 20...

A: Journal entry is recorded at the time when the asset is purchased in the books of the accounts on th...

Q: Maturity value Discount Discount period Net proceeds from discounting Carrying amount of the notes r...

A: Maturity Value = 2,500,000 + 10% of 2500000 x 180 days /365 days = 2,623,287 Discount = 12% of 26232...

Q: 174. Helix Co. entered into the following transactions involving short-term notes payable. On May 14...

A: The journal entries are prepared to keep the record of day to day transactions of the business. 

Q: Is forming a corporation does not have the same advanatges as forming an LLC, but the cost are likel...

A: Corporate or company: It is a legal entity that has been established to carry out a specific busines...

Q: Instructions: Prepare journal entries to record authorized share capital and the subseque transactio...

A: A memorandum entry is an accounting transaction which does not require to get posted in ledger accou...

Q: An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co.   Bank ...

A: A bank reconciliation statement is a summary of banking and business activity that reconciles the ba...

Q: She wants advice on stopping her business to pursue education, as she can't imagine going down both ...

A: Decision regarding between choosing the one alternative over another is dependent upon the evaluatio...

Q: C D K M Function: ROUND; Formula: Add, Multiply, Divide; Cell Referencing Using Excel to Cost Invent...

A: 1. Average-cost cost flow assumption - Under the Weighted Average Method, the cost is considered to ...

Q: ACCOUNTS FURNITURES ACCOUNTS UTILIITES OWNER'S TRANSACTION CASH RECEIVABLES & FIXTURES PAYABLE PAYAB...

A: Transaction  Cash Account receivable Furniture & Fixtures  Accounts payable  Utilities pa...

Q: The Harriott manufacturing company uses job order costing system. The company uses machine hours to ...

A: Predetermined Manufacturing Overhead Rate=Estimated Overhead CostEstimated Machine Hours

Q: (BUSINESS LAW)   Provide a very clear and detailed introduction on the meaning of “REAL PROPERTY” ...

A: REAL PROPERTY Real property is synonymous with Real Estate and it is the land, everything that is pe...

Q: amination - Trimester 3 2021 Trimester 3 2021 Final Onlf The auditor decides to increase the calcula...

A: In audits, the materiality level relates to the baseline utilized to establish reasonable assurance ...

Q: Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working Capital of Php 3,000,000.00 and with a...

A: Find the formula to calculate the book value below for your reference.  

Q: Complete the following by calculating the cash discount and net amount paid: (If more than one disco...

A: The terms 3/10, 2/15, n/30 implies that a discount of 3% will be allowed if payment is made within 1...

Q: QUESTION 13 A dish sponge would be classified as: O a) Tangible property O b) Intangible property Oc...

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: Which of the following charitable contributions is not tax deductible? a.Clothing donated to a quali...

A: Tax deductible deductions are those allowances and reductions that are deducted for the purpose of t...

Q: Required information [The following information applies to the questions displayed below.) Alden Com...

A: The high-low method is used to differentiate the mixed cost. The mixed cost is the combination of fi...

Classification Of Risk

Risk means when there could be a possibility that the returns expected from a particular project or investment may or may not match the investor's expectations. In other words, the uncertainty of an income arising from a source that would either be lower than expected or result in losses in risk exposure of the project. The higher the risk involved, the higher is the return expected by the investor as the investor is exposed to a high level of risk. There are various methods by which different types of risk can be assessed and avoided or mitigated.