Sunday
February 7, 2016

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

Accounting 100
a) Purchased equipment on account for $950 b) Paid $600 on equipment purchased in transaction (a) How do I post (b) to the journal?
Saturday, February 6, 2016 by Cami

Basic Statistics
home / study / questions and answers / math / statistics and probability / the manager of a vacation resort has claimed that, ... Question The manager of a vacation resort has claimed that, on average, a guest spends at least $1600 at the resort during a one week stay, ...
Thursday, February 4, 2016 by Jameson

Introductory Accounting
The question is Burlin company starts the year with $188,000 in assets and $37,600 in liabilities. Net income for the year is $47,000, and no dividends are paid. How much is owners' equity at the end of the year? So what I thought what i would have to do is add the 188,000...
Wednesday, February 3, 2016 by sarah

accounting fundamental
Explain which financial statement should be prepared first, second, third n fourth and why
Tuesday, February 2, 2016 by jainel

business, pure maths, economic, accounting and to
Can I been an air hostess if im having this subjects
Saturday, January 30, 2016 by thandiwe

accounting
julie volunteered to work on christmas day because her parents were out of the country on holidays.her regular wage is $12.00 an hour. how much would she earn for working on christmas day?
Wednesday, January 27, 2016 by Anonymous

Accounting
Margie Company needs your help to record and summarize its accounting transactions for 2011 and to prepare its financial statements for that year. Margie Company provided you with the following Balance Sheet for 2010: Assets: Cash $ 57,000 Accounts Receivable 83,000 ...
Tuesday, January 26, 2016 by Joe kaba

Accounting
Brodigan Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment $450,000 Net annual operating cash inflow $220,000 Tax rate 30% After-tax discount rate 12% The expected life of the project and the equipment ...
Friday, January 22, 2016 by Frankie

Accounting
Dukas Corporation's net cash provided by operating activities was $218,000; its net income was $203,000; its capital expenditures were $146,000; and its cash dividends were $49,000. Required: What is the company's free cash flow?
Friday, January 22, 2016 by Stevie

financial accounting fundamentals
Johan"s plant nursery pays the salaries of it's two employees how will this transaction affect the accounting equation
Friday, January 22, 2016 by shirley johnson

Maths lit.Economics.Business.Accounting.English.Afrikaans.
Can I be an accountant with these subjects
Thursday, January 21, 2016 by Lizzy

Maths Lit .Economics .Business.Accounting.English.Afrikaans
Can I be a Accountant studying these subjects
Thursday, January 21, 2016 by Lizzy

maths lit,accounting, business, economics
What kind of a career path can I follow with this subjects maths lit,accounting,business and economics??
Sunday, January 17, 2016 by Nnana

accounting
wat is the similarity between traditional costing and activity based costing?
Saturday, January 16, 2016 by jon

accounting II
if direct labor for the month is $300,000, overhead is applied based on direct labor, annual overhead is estimated to be $500,000 an annual direct labor is estimated to be $80,000, what is the entry to apply overhead to production?
Thursday, January 14, 2016 by suzzie

business accounting
The current liabilities of Mohit Ltd are Rs. 150000 and its current ratio is 3:1 and liquid ratio is 1:1. Calculate the value of current assets, liquid assets and stock of mohit ltd?
Thursday, January 14, 2016 by rinky

Maths, Accounting, Tourism, Business
I'm in Grade 10.Can I Still become a social worker ? I'm not really sure which subjects a person needs for that career!!
Tuesday, January 12, 2016 by Liffy

maths lit,business studies, accounting and CAT
What can I study with these subjects.
Saturday, January 9, 2016 by anonymous

accounting
i want to know my result
Tuesday, January 5, 2016 by sheron

Life science, history, accounting
I chose these subjects for grade 10, but I don't know what I'm going to do with them when I reach university or what career I could have with these subjects. Please help.
Sunday, January 3, 2016 by Seipelo

Business Accounting & Finance
The current liabilities of mohit Ltd are Rs 150000 and it's current ratio is 3:1 and liquid ratio is 1:1. Calculate the value of current assets, liquid assets and stock of Mohit Ltd.
Saturday, January 2, 2016 by Vivaan

accounting
When sales are constant, but the production level fluctuates, net operating income determined by the absorption costing method will:
Thursday, December 31, 2015 by Mary

accounting and finance
find the rate of interest compound semi-annually at which birr 2000 will grow to birr 5000 in 9 years?
Sunday, December 27, 2015 by Mohamed

Accounting, Maths Lit, Economics,Business Studies
What career am i suitable for ?
Thursday, December 17, 2015 by Brutus Sean Tuss

Accounting, Business Studies, Economics and Maths Lit
What career can i follow up on these subjects ?.
Tuesday, December 15, 2015 by Brutus Sean Tuss

accounting
Walk talk manufacture a cordless telephone system . At the beginning of the financial year ending 30 Nov 2009 , the firm budgeted to make and sell 50,000 units of its only product , the NOVA at the selling price of 30 $ per unit . other budgeted information is as follows : ...
Sunday, December 13, 2015 by imad

Maths Literacy, Business studies, Economics, Accounting, English, Xhosa and Life orientation
Which careers could I possibly follow if i'm doing those subjects?
Saturday, December 12, 2015 by Sinesipho Bonakele

accounting
On January 4, 2013, Illinois Company purchased new equipment for $550,000 that had a useful life of four years and a salvage value of $50,000.
Wednesday, December 9, 2015 by Anonymous

accounting
Total Assets Total Liabilities Beginning of the year $550,000 $215,000 End of the year 844,000 320,000 On the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (Hint: First ...
Saturday, November 28, 2015 by eddie

accounting I
stock outstanding as follows: 15,000 shares of cumulative 4%, preferred stock of $20 par, and 19,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $4,500; second year, $6,300; third year...
Saturday, November 28, 2015 by eddie

bookkeeping
Question use each of the following words or terms in a statement relating to bookkeeping/accounting Liabilities Assets Owner Equity Please write out how to do this. Thank you
Thursday, November 26, 2015 by nicey

accounting 1
At the beginning of the year, Keller Company's liabilities equal $64,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $10,000 during the year. What are the beginning and ending amounts of equity?
Thursday, November 26, 2015 by Anonymous

Physics
A very large roller coaster has an initial hill that has an 85 m drop. Note that a roller coaster has no engine. After being pulled up the first hill by a chain the train moves along the track with only gravity, normal forces due to the track, friction and air drag acting on ...
Monday, November 23, 2015 by Anonymous

Physics
A very large roller coaster has an initial hill that has an 85 m drop. Note that a roller coaster has no engine. After being pulled up the first hill by a chain the train moves along the track with only gravity, normal forces due to the track, friction and air drag acting on ...
Monday, November 23, 2015 by Hermans

accounting
Do these in a journal entries form and illustrate it:1. August 7. Bought supplies in account from Long Music Supplies, $ 2720.00. August 7. Received cash from sales $400.00. August 11. Paid cash on account to Caroline office supplies $250.00. August 11. Paid cash on account to...
Saturday, November 21, 2015 by Blessing

Comm Tech
3.)Which department is spending the least on salaries? A.)Accounting B.)IT C.)Marketing D.)Media & Design
Thursday, November 19, 2015 by YRN DJ

Accounting
In the table given below, reconstruct the remaining information using the available data. [ WHERE THE X's ARE] All of the raw material purchased during the period was used in production. (Indicate the effect of each variance by selecting "Favorable" or "...
Tuesday, November 17, 2015 by Sara

Accounting - Tax
Bob (age 40) and Susan (age 39) Cowen are married. Susan works as a retail manager and Rob is a self-employed electrician but does not maintain a home office. Their 2015 tax and other information are as follows: Salary – Susan 75,000 Federal withholding on salary 24,000 ...
Monday, November 16, 2015 by C

accounting and finance
5. What are the proceeds If a company issues 10 year bonds with a face value of $10,000,000 in bonds with a coupon rate of 7% and a market rate of 7.5% paying interest payments semi annually. Will they sell at a premium or a discount?
Thursday, November 12, 2015 by Anonymous

accounting and finance
4. Dividends Per Share Scan Tech Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of 2%preferred stock of $75 par, and 100,000 shares of $8 par common. During its first four years of operations, the following amounts were distributed as...
Thursday, November 12, 2015 by Anonymous

accounting and finance
3. Bond Price Walt Disney 7% bonds due in 2032 were recently selling for 149.01. Are the bonds selling at a premium or discount? Is the coupon rate higher or lower than the market rate? Will the proceeds from the bond be more or less than the face value?
Thursday, November 12, 2015 by Anonymous

accounting and finance
The dates of importance in connection with a cash dividend declared and paid of $375,000 on a corporation's common stock are June 6, July 15, and August 14, Match the dates to what they are called: Date of Record, Date of Declaration, Date of Payment
Thursday, November 12, 2015 by Anonymous

accounting and finance
1.Yukon Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Canada, Montana, Idaho, Oregon, and Washington. Yukon Bike Corp. has declared the following annual dividends over a six-year period ending December 31 of each year: Year 1, $28,000; ...
Thursday, November 12, 2015 by Anonymous

accounting
On January 1, 2013, National Insulation Corporation (NIC) leased office space under a capital lease. Lease payments are made annually. Title does not transfer to the lessee and there is no bargain purchase option. Portions of the lessee's lease amortization schedule appear...
Wednesday, November 11, 2015 by Anonymous

accounting
On January 1, 2013, Sweetwater Furniture Company leased office space under a 21-year operating lease agreement. The contract calls for annual rent payments on December 31 of each year. The payments are $19,000 the first year and increase by $350 per year. Benefits expected ...
Wednesday, November 11, 2015 by Anonymous

accounting
December Interest on a bank loan is due on January 2nd of the following year: accrue $1,000. How do u record interest expense and interest payable on a journal ledger? Would you record interest expense on the debit side and interest payable on the credit side?
Monday, November 9, 2015 by Brandy

Accounting
When Resisto Systems, Inc., was formed, the company was authorized to issue 5,000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock. Half of the preferred stock was issued at a price of $104 per share, and 78,...
Sunday, November 8, 2015 by ryan

finance and accounting
Identify several ways in which you currently use accounting information in your life as a student. Also identify several situations in which, while you are still a student, you might be required to supply financial?
Sunday, November 8, 2015 by Munazza

MBA ( accounting)
Identify several ways in which you currently use accounting information in your life as a student. Also identify several situations in which, while you are still a student, you might be required to supply financial information about yoursekf to others
Sunday, November 8, 2015 by Munazza

mba
identify several ways you current use accounting information in student life
Friday, November 6, 2015 by maryam

Accounting
Chef Gourmet, Inc., has assembled the following data pertaining to its two most popular products. Blender Food Processor Direct material $ 18 $ 33 Direct labor 12 27 Manufacturing overhead @ $48 per machine hour 48 96 Cost if purchased from an outside supplier 60 114 Annual ...
Thursday, November 5, 2015 by Rebekah

English
Original sentence: The job demands computer skills, math ability and with accounting background. Correct Sentence:1. The job demands computer skills, math ability with accounting skills. Original Sentence: My sister in not only a talented musician, but she is also teach with ...
Saturday, October 31, 2015 by jennifer

Accounting
How do i calculate this problem. An asset was purchased for $73,000, current acc'd depreciation is $13,800, asset is expected to have a useful life of 8 years, and be sold for an estimated $600, what is the new annual depreciation amount, here is my computation Purchase ...
Friday, October 30, 2015 by Mal

Economics
Secondhand smoke globally kills more than 600,000 people each year, accounting for 1 percent of all deaths worldwide. Researchers estimate that annually secondhand smoke causes about 379,000 deaths from heart disease, 165,000 deaths from lower respiratory disease, 36,900 ...
Friday, October 30, 2015 by Emily

Amadlelo aluhlaza SS
I Lungelo would like to know tat are there any chances for a person who is doing Accounting.Business study.Economics and Maths Literacy to become a paramedic?
Tuesday, October 27, 2015 by Lungelo

Accounting
At the beginning of the year, Keller Company's liabilities equal $75,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $16,000 during the year. What are the beginning and ending amounts of equity?
Tuesday, October 27, 2015 by TA

mathematics literacy,CAT,economics,accounting
Can i study to be a economist with thesr subjects?
Wednesday, October 21, 2015 by kulani

burnwood secondary school
What job can I do with History life sciences and accounting
Monday, October 19, 2015 by nonhle

NON PROFIT ACCTNG
Three accountants started talking about hospitals. One said he was treated at a not-for-profit hospital, another said she was treated at a county hospital, and the third said he had just returned from the hospital run by the U.S. Veterans Administration. They wondered why ...
Monday, October 12, 2015 by Anonymous

Accounting
In its first month of operations, Giffin Company made three purchases of merchandise in the following sequence: (1) 260 units at $5, (2) 360 units at $7, and (3) 460 units at $8. Assuming there are 160 units on hand at the end of the period, compute the cost of the ending ...
Monday, October 12, 2015 by Allie

Accounting 2
Coldfoot Corp. estimates that its 20-1 income tax will be $74,000. Based on this estimate, it will make four quarterly payments of $18,500 each on April 15, June 15, September 15, and December 15.
Sunday, October 4, 2015 by Norman A George

BHISHO HIGH
CAN U HELP ME CAUSE I WILL DOING ACCOUNTING NEXT YEAR BUT STILL I HATE MATHEMATICS,IS GOOD FOR ME TO DO ACCOUNTING?
Thursday, September 24, 2015 by BONGA

Physic
A quarterback (QB) is running at 3.2 m/s at an angle of 25 degrees with x axis as shown in the sketch. At the moment he's at the origin (x = y = 0) he throws the football to a receiver which is stationary located at the coordinates x = 10 meter, y = 6 meter. The total ...
Thursday, September 24, 2015 by elle

Accounting Principles I
I have been trying to figure this out forever and just can't. Here is the problem: Reported sales of $300,000 write-offs of uncollectible accounts of $10,000 against the allowance for doubtful accounts and a decrease in net accounts receivable of $40,000 during 2014. What ...
Friday, September 18, 2015 by Steph

Magoni secondary school
accounting. economic. business studies n maths literacy if am doing those subject wch career can l get plz help me
Saturday, September 12, 2015 by Sandra mukwevho

accounting
bought goods on credit from Tom with a list price of 2000, less 10% trade discount
Saturday, September 12, 2015 by Anonymous

accounting
Event: One stockholder reported to the company that 330 shares of his East Hill stock had been sold and transferred to another stockholder for $3,700 cash. what effects does this event have on the balance sheet of a company? How do I input this in the balance sheet (asset= ...
Friday, September 11, 2015 by linda

Intermediate Accounting
cheery Company follows IFRS for its financial reporting. On January 1, 2015 Cheery issued $250 million of 10-year convertible notes that pay interest at 5% annually. Investors pay $250 million for the notes even though the company's credit risk at the time implies a 10% ...
Tuesday, September 8, 2015 by Dianna

Accounting
XO company sold merchandise on account to Brandy company, $14000 , terms FOB shipping point, 2/10, n/30. XO company paid transportation costs of $350, which were added to the invoice. The cost of the merchandise sold was $8000
Tuesday, September 8, 2015 by Miaa

Accounting
Department S had no work in process at the beginning of the period , 18,000 units were started during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the ...
Thursday, September 3, 2015 by Andrew

Accounting
The Major Issue in inventory accounting is: A. determining whether to take inventory using cycle counts as opposed to counting all inventory only at the end of the year. B. deciding whether to maintain records on a periodic or perpetual basis. C. determining what goods to ...
Thursday, August 20, 2015 by Dianna

accounting
surplus better off than deficit worse off
Monday, August 17, 2015 by Happy

accounting
to what extent a country that runs a consistent balance of payment surplus "better off" than is counterparts running deficit?
Monday, August 17, 2015 by Happy

Accounting
Samantha owned 1,000 shares in Evita, Inc. an S corporation, that uses the calendar year. On October 11, 2010, Samantha sells all of her Evita stock. Her basis at the beginning of 2010 was $60,000. Her share of the corporate income for 2010 was $22,000, and she receives a ...
Saturday, August 15, 2015 by Jay

Masiphathisane
What Career Iwill Have To Choose If I'm Doing Maths Lit And Accounting After Grade12
Saturday, August 15, 2015 by Asanele Ngxito

Accounting
In the context of determining fair value, the exit price refers to: A. The amount the firm would receive if it sold a given asset. B. Amount the firm would pay if it bought an asset of the same type and condition as the one being valued. C. Sum of the future cash flows ...
Wednesday, August 12, 2015 by Anthony

Accounting
Revenue is earned when: A. Contract is signed by both parties B. The seller substantially completes performance required by an agreement C. Buyer completes payment required under an agreement D. The buyer accepts delivery and completes required payments. Answer: D
Tuesday, August 11, 2015 by Anthony

Fundulwazi(mathematical literacy, CAT, Economics and Accounting )
what career can i follow with these subjects? (Mathematical Literary, Economics, Accounting and CAT)
Monday, August 10, 2015 by Precious

Maths Lit, Accounting, Economics, Business Studies
I am a grade 10 learner doing Maths Literacy, Accounting, Business Studies, Economics, Life Orientation, English and Afrikaans I want to know what Degree I can study in University and also to check what career path I would be able to do.
Wednesday, August 5, 2015 by Andy

accounting
frustrated been working on this for over three hours and now my mind has drawn a blank help please. Meriden Company has a unit selling price of $500, variable costs per unit of $250, and fixed costs of $202,750. Compute the break-even point in units using the mathematical ...
Tuesday, August 4, 2015 by Anoymous

accounting
A doctor's office paid $18,000 on insurance for a full year. What will be the balance of the prepaid expense after 8 months?
Monday, August 3, 2015 by delmara

Managerial Accounting
Doughboy Bakery would like to buy a new machine for putting icing and other toppings on pastries. These are now put on by hand. The machine that the bakery is considering costs $78,000 new. It would last the bakery for ten years but would require a $9,000 overhaul at the end ...
Saturday, August 1, 2015 by Kat

Managerial Accounting
Inmelt Corp charges price of $6.50. Total Fixed Cost is 314,400. per year, break-even point is 131,000 units. What is the variable cost per unit.
Saturday, August 1, 2015 by Anonymous

financial accounting
want to know sbp bsc ratio analysis 2010 to 2014
Friday, July 31, 2015 by amina

Managerial Accounting
Direct materials: 7 microns per toy at $0.32 per micron Direct labor: 1.2 hours per toy at $6.80 per hour During July, the company produced 4,600 Maze toys. Production data for the month on the toy follow: Direct materials: 70,000 microns were purchased at a cost of $0.31 per ...
Friday, July 31, 2015 by Kat

accounting
I got the first two parts of this three part question figured out but I can't figure the last part here it is Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $327,600 for the year, and machine ...
Thursday, July 30, 2015 by Anoymous

accounting
What entry in account journalizing this would be: Mr. W made a additional payment of 2k by issuing a 60 day note. Thank you!
Wednesday, July 29, 2015 by Colleen

Accounting,business studies,economics,math literacy
What kind of job can i get ?
Tuesday, July 21, 2015 by Sinethemba

maths lit,economics,accounting,tourism,busine stud
i am doin these subject...an i wanna do financial management.is it possible for me without mathematics
Tuesday, July 21, 2015 by zola

accounting
If fixed costs are $700,000 and the unit contribution margin is $17, what amount of units must be sold in order to realize an operating income of $100,000?
Sunday, July 19, 2015 by chrissi

accounting,economics,maths lit and business studies
which career can i choose if i'm doing this career,help me please
Saturday, July 18, 2015 by Nomfundo

Accounting
Assume that Esquire consulting erroneously recorded the payment of $30,000 of dividends as salary expense. How would this error affect the equality of the accounting equation? How would this error affect the income statement, retained earnings statement balance sheet and ...
Friday, July 17, 2015 by jasmine

non-for-profit
(Accounting standards-setting bodies) Three accountants started talking about hospitals. One said he was treated at a not-for-profit hospital, another said she was treated at a county hospital, and the third said he had just returned from the hospital run by the U.S. Veterans ...
Wednesday, July 15, 2015 by Angie

xibukulana
what are the course can I study with maths literacy, accounting, business studies and economics
Tuesday, July 14, 2015 by Nhlamalani

Strandfontein S.S.S.
I would like to know some option of careers i can do with following subjects including to become an air hostess pls? My June 2015 results is as follow but my percentages were higher for 1st term and i dropped between 5% - 9% in all subjects English 71% Afrikaans 59% Life ...
Saturday, July 11, 2015 by Cindy W

Accounting
If a hotel rents a room for $2500. and there is an advance payment of $500, how is this posted in the city ledger
Thursday, July 9, 2015 by Judy

Meriti secondray school.
What can I be or what can be come with Accounting and Business study and Maths lit plzzzz help me
Friday, July 3, 2015 by Tshepo Phinda

Accounting
During 2015, the assets of Hilyer's Crematorium rose by $47,000 and its liabilities rose by $40,000. No additional investments were made. Assuming net income for the period is $12,000, what was the amount of withdrawals in 2015? I feel like I'm missing some needed info...
Monday, June 29, 2015 by Wes

economics,business studies,maths lit n accounting
I want to study nursing can I still study it with the subject that I dd in grade 12
Friday, June 26, 2015 by promise mogogorwane

Accounting
Mushroom Company, a retail company, has two departments, "G" and "S". The company's most recent monthly contribution format income statement is presented below. ...................................Total​..................................G.....&#...
Monday, June 1, 2015 by kiki

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Homework Help: Business