What is lean manufacturing?

Q: Encik Johan incurred qualifying agriculture expenditure of RM30,000 on the construction of a road on...

A: A person or taxpayer is entitled to claim the agricultural allowance if they incurred expenses while...

Q: Which of the following is an example of a prepaid expense? Please explain with full explanation. a. ...

A: A prepaid expense is an asset for which we have paid in advance and for which the benefit shall be r...

Q: b. Compare the liquidity, solvency, and profitability of the two companies.

A: Accounting Ratios are the financial tools used by a corporation to evaluate the financial statements...

Q: The chart of accounts for Miguel Company includes the following: Account Name Account Number Cash 11...

A: Journal entries refer to the recording of transactions in an appropriate way. With the help of journ...

Q: Delica Corportion is a contract manufacturer for the Mayon Dressing Company. Delica Corporation uses...

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

Q: The following is the information pertaining Gamma Company: Particulars Amount Average current liabil...

A: Free cash flow refers to the cash available for the company after paying for cash outflows, it is th...

Q: If the balance in Cash Short and Over at the end of a period is a credit, it should be reported as "...

A: The income statement is the statement in which all the revenue and expenses concerning operations du...

Q: Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last y...

A: Sale margin means the percentage of profit on sales i.e. how much percentage of sale is our profits....

Q: Prepare adjusting entries on December 31 for the following transactions. Omit explanations. (Lines p...

A: Adjusting entries are prepared at the end of the accounting period in order to ensure the accrual ba...

Q: A customer in a bank has made a balance withdrawal transaction in the last 30 days. In the last 28 d...

A: Central tendency is the central value of the given frequency distribution, it is the representative ...

Q: Carla Vista Electronics issues a $353,500, 3%, 15-year mortgage note on December 31, 2019. The proce...

A:                        Installment schedule

Q: Abby Electronics makes DVD players in three processes: assembly, programming, andpackaging. Direct m...

A: The following computations are done in the records of Abby Electronics to evaluate the cost balances...

Q: Question 1) You took 100.000 TL car loan from a bank. You will repay the loan to the bank in 4 years...

A: “Since you have asked multiple question, we will solve the first question for you. If you want any s...

Q: Robert and John are married and have 4 dependent children and earn a gross biweekly salary of $5,612...

A: The tax owed to the government by the employer or entity that made payment to the recipient is defin...

Q: a company reported net income as 58,000.opening inventory overstated by 9000 and ending inventory un...

A: Formula: Correct Net Income = Overstated opening inventory + Net Income + Understated ending invento...

Q: An account is said to have a debit balance if ? Please full explain the explanation.  a. the amount ...

A: The balance is said to have a debit balance when the debit side has an excess over the credit balanc...

Q: Zahra's Decoratives produces and sells a decorative pillow for $100 per unit. In the firs month of o...

A: Absorption costing income statement: It is one of the important types of income statement, in which ...

Q: Data related to a bond issued by Roxon enterprises is given below: $800,000 Interest expense on bond...

A: Bonds: These are the financial instruments issued by a company to the general public for raising fun...

Q: Use the information below for Privett Company to answer the questions that follow. ​ Privett Com...

A: Quick ratio is a ratio which shows how much we have invested in quick assets as compared to current ...

Q: Compute the adjusted bank balance for the month of October. а. $10,520 b. $9,070 с. $9,085 d. $8,749

A: OPTION C IS THE ANSWER.  

Q: Tomato co. Purchased 40% of MU corp. On april 1,2017, for 500,000 when MU's book value was 1,260,000...

A: 1) The journal entries and balances for investment income in 2017 is,

Q: On January 1, 2010, Halston Enterprises issued 8%, 20-year bonds with a face amount of $5,000,000 at...

A: Interest=Face amount×Interest rate2=$5,000,000×8%2=$200,000

Q: Please see attached picture for full problem, table, and format for the answers. 1. Use the direct m...

A: Service department will provide services to the production departments. Since it is only the product...

Q: Determine the amount of tax expense Artiga would report on its income statement.

A: Income tax is the tax which is levied by the tax authority on the net income of the firms. The gener...

Q: When JUSTIN and BIEBER, partners who share earnings 60:40, were severely injured in an accident, a l...

A: Here JUSTIN and BIEBER are partners and their profit sharing ratio is 60:40 Total cash available is ...

Q: Answer all the subparts.if answered within 40mins,it would be apprecaible!!

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...

Q: Z Inc. acquired 75% of the outstanding voting common stock of Y Inc. on January 1, 2016, for $350,00...

A: Consolidation is to consolidate resources, liabilities, and other monetary things of two or more ent...

Q: Abc Sdn Bhd closes its account to 30 November each year. On 1.12.2016 it decided to change its accou...

A: If a company decides to change its accounting date, it may result in short accounting period or long...

Q: Epsilon is an entity which prepares financial statements, in accordance with International Financial...

A: Following is the answer to given problem

Q: Accounts. Please explain with full explanation.  a. do not reflect money amounts b. are not used by ...

A: Journal entries refer to the recording of transactions in an appropriate way. With the help of journ...

Q: When employees choose a company through financial statements, which parts ，point  and ratio should b...

A: Financial statement: Financial statements are organized summaries of detailed information about the ...

Q: A company based in the United States makes a transaction with a Japanese Company. The contract state...

A: Companies select the currencies in which they invoice their international transactions. Currency inv...

Q: Discuss the sources of power within the organization and how it affect change initiative?

A: Sources of power: Legitimate power Reward power Coercive power Expert power Information power Refer...

Q: Selected accounts from the ledger of McDaniel Corporation appear below. For each account, indicate t...

A: We have the following information: Asset = A Liabilities = L Expenses = E Revenue = R None of the ...

Q: Critically discuss SIX causes of differences in accounting practices used in different countries.

A: Different countries have different economic scenarios along with their own challenges. One set of ac...

Q: Hyde's headphones sells deluxe headphones for $75 each. Unit variable expenses total $55. The break ...

A: Margin of safety means the difference between the budget sales and breakeven sales. It means the amo...

Q: The following is the information pertaining Gamma Company: Particulars Amount Net cash provided by o...

A: Option b is correct.  Free cashflows = operating cashflows after tax - capital expenditure = $450000...

Q: Use this information for Wyoming Corporation to answer the questions that follow. ​The management of...

A: Present value means when the future cash flow has been adjusted with required rate of return. Presen...

Q: Discuss, with the reference to IAS 38: Intangible Assets, the correct accounting treatment for all t...

A: The direct expenditures incurred by the business organization to enhance, design, and develop the ex...