Sunday
July 24, 2016

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

accounting
What is the predetermined manufacturing overhead rate? The cost of the direct materials that can be used to manufacture the table are as follows. These cost are on a per unit basis. Table Top $ 1,700.00 Table Leg $ 500.00 Drawer $ 370.00 Assume a $35 per hour wage rate to the ...
Monday, July 18, 2016 by koko

Accounting
Value of $40000 compounded at 5% annually for 35 years
Saturday, July 9, 2016 by Roger

Accounting
How do i prepare a work sheet?
Friday, July 8, 2016 by Debby

Economics
The Southern Tree Trimming Corporation reported an accounting profit of $35,000 and a normal rate of return of 15 percent on capital and enterprise of $30,000. The opportunity cost of labor is $15,500. What is the economic profit? $110,500 X $19,500 $15,000 $5,000
Sunday, July 3, 2016 by Frank

Accounting
Which of the following is not generally written into the articles of partnership agreement? A. Rights and responsibilities of each partner B. Provisions for admitting new partners C. Amount that each partner is investing D. None of the above D?
Friday, July 1, 2016 by quick help please

Accounting
The first entry to liquidate a partnership would probably include A. a debit to Cash and a credit to Individual Assets Sold. B. a debit to Cash, a debit or credit to Loss or Gain from Realization, and a credit to Individual Assets Sold. C. a debit to Individual Assets Sold and...
Friday, July 1, 2016 by quick help please

Basic Accounting
Pay $3000 toward lease agreement for office. The agreement is for 1year. The rent is 1,500 per month, last months rent was required at time of lease agreement. Lease period is effective July 1st 2014 through jun 30th 2015. I think it's like this: Rent expense 1,500.00 ...
Monday, June 27, 2016 by Lisa

Basic Accounting
Pay $3000 toward lease agreement for office. The agreement is for 1year. The rent is 1,500 per month, last months rent was required at time of lease agreement. Lease period is effective July 1st 2014 through jun 30th 2015. I think it's like this: Rent expense 1,500.00 ...
Monday, June 27, 2016 by Lisa

Accounting Homework Help!
If a cashier rang up sales totaling $5,098, but had $5,105 to deposit, which journal entry would be recorded? A debit to Cash for $5,105 a credit to Cash Overage for $7 and a credit to Sales Revenue for $5,098. A debit to Sales for $5,105 a debit to Cash Overage for $7 and a ...
Wednesday, June 22, 2016 by Lexis

Accounting Homework
On October 31, 2015, your company's records say that the company has $18,588.13 in its checking account. A review of the bank statement shows you have three outstanding checks totaling $7,403.37, and the bank has paid you interest of $20.24 and charged you $16.00 in ...
Wednesday, June 22, 2016 by Lexis

Accounting (Please Help)
Acme, Inc.'s books show an ending cash balance of $14,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,900, deposits in transit of $2,900, NSF check of $190, and interest earned on the bank account of $100, the ...
Wednesday, June 22, 2016 by Lexis

Accounting (Please Help)
If the company's accountant mistakenly recorded a $78 deposit as $125, the error would be shown on the bank reconciliation as a(n): $47 addition to the book balance. $125 deduction from the book balance. $47 deduction from the book balance. $125 addition to the book balance.
Wednesday, June 22, 2016 by Lexis

accounting
Tyler Constructions constructed a new campus block to house Business School. The building cost a tool of $180,000,000 to construct and was completed 30 March 2011, with an expected useful life of 60 years and residual value of $10,000,000. The building is depreciated on a ...
Saturday, June 18, 2016 by ss

accounting
James pays his car insurance of $3,000 annually in early October. The insurance policy covers all the company¡¯s car fleet from 12.01 a.m. on October 1. Insurance is recorded as an expense when paid and the financial year ends on March 31 2011. Record the adjusting ...
Saturday, June 18, 2016 by ss

accounting
Matthew C.A. is conducting the audit on Swan Productions Limited. It is normal practice not to submit your account/bill/invoice until the audit is completed but by the end of the financial year 127 hours had been spent on the audit. The average hourly rate is $200. Record the ...
Saturday, June 18, 2016 by ss

accounting
Rent was paid on the first day of March. It is paid in advance for the ten months commencing on that day and recorded as an asset. Monthly rent is $12,000. Record the adjusting entry for the financial year ending on June 30 for the tenant (person paying rent).
Saturday, June 18, 2016 by ss

accounting
A term investment of 85000, is madr for 10 years at 4.25% interest. Find the value of the investment at maturity if interest is compoundes quarterly?
Thursday, June 16, 2016 by dan

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, June 9, 2016 by sonika

Accounting
When M. Landis invests $20,000 in the corporation in return for shares of stock, is the Retained Earnings account affected? Explain your answer.
Tuesday, June 7, 2016 by Stella

Governmental and Not-for-profit Accounting
public colleges and universities are treated as component units of their respective primary governments (cities or states).what is the criteria under GASB Statement No. 14 for a public college or university to be excluded
Friday, May 20, 2016 by Patte

Accounting
The accounts payable account is a/an _______, and it has a normal ________ balance. A. revenue; debit B. expense; credit C. liability; debit D. liability; credit I think the answer is D.
Tuesday, May 17, 2016 by No

Accounting
Please help (Revenue Classification) Clark County had the following revenue sources in 2011: General property taxes $8,000,000 Restricted (for education) property taxes 570,000 Meals tax (restricted for economic development and tourism) 200,000 Fines and forfeits 82,000 ...
Monday, May 16, 2016 by Patte

mathematics, science, accounting
Can a right-angled prism of clear ice be used for total internal reflection of right through 90degrees, bearing in mind that Ice has a critical angle of 48,8degrees?
Monday, May 16, 2016 by CONNIE

accounting principles
Success Systems had the following transactions and events in December 2015: Dec. 2 Paid $1,200 cash to Hilldale Mall for Success Systems’ share of mall advertising costs. 3 Paid $500 cash for minor repairs to the company’s computer. 4 Received $7,000 cash from Alex&#...
Saturday, May 14, 2016 by myrel

Governmental and Not-for-profit Accounting
Despite the guidance provided by Statement No. 14, what might be the three reasons that drive inconsistent application
Saturday, May 14, 2016 by Patte

accounting
paying a fixed monthly fee of $15.00 up yo 240 min then .08 per min if i use less than 240 min still paying 15.00 per mo. based on 100 min 240 min 540 min
Tuesday, May 10, 2016 by LALA

investment accounting
You have been hired as a financial consultant to defense electronics,Inc.
Tuesday, May 10, 2016 by Edwin

Accounting
variable cost, fixed cost, total costif .10 per min long dist calling based on 100 min, 240 min, and 540 min
Tuesday, May 10, 2016 by LALA

Governmental and Not-for-profit Accounting
What is a budget? What information should it include?
Tuesday, May 10, 2016 by Miss Patte

Project
report on Government /NFP accounting topic of current interest For ex: Municipal Bankruptcy, evaluation of NFP or Government financial Statement or budget. 5 pages MLA format for citations.
Monday, May 9, 2016 by amounzan

Accounting
Please explain how I would go about doing this. Indicate which of the following transactions require entries to accounts used only for budgetary control purposes, even if other accounts also are involved. Prepare the general journal entries required. Assuming a beginning total...
Saturday, May 7, 2016 by Miss Patte

accounting
Under what circumstances should a government choose not to encumber the cost of goods and services? Under what circumstances would a government not integrate its budget? Under these conditions, how is budgetary control achieved?
Saturday, May 7, 2016 by Miss Patte

mathematics for accounting
the question is the formula use in calculating depreciation that is reducing balance method which is (1-n√s/c)×100/1 now we were asked to now make each of n,s,and c in the formula the subject of the formula
Wednesday, May 4, 2016 by david

ACCOUNTING
WHY SHOULD FINANCIAL STATEMENTS BE PREPARED IN ACCORDANCE TO THE IFRS
Tuesday, May 3, 2016 by Anonymous

Accounting
Aunt Rhea Corporation Income Statement For the Year Ended December 31, 2015 Service Revenue $ 900,000 Operating Expenses 700,000 Net Income before Income Tax $ 200,000 Gain on Investment Sale 10,000 Net income Before Income Taxes $ 210,000 Income Tax Expense 90,000 Net Income...
Monday, May 2, 2016 by Daniel

accounting
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 20,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated sales 320,000 units 260,...
Sunday, May 1, 2016 by Anonymous

Accounting 220
On January 1, 2014, Muoy Machining Co. purchased a compressor and related installation equipment for $72,500. The equipment had a three-year estimated life with a $12,500 salvage value. Straight-line depreciation was used
Saturday, April 30, 2016 by karen

accounting
assume Ad issue 2000 shares of $ 60 par common stock for cash at $ 50. pass entry for issuance of these shares.
Friday, April 29, 2016 by Adugna

Governmental and Not-for-profit Accounting
Please identify at least five similarities and five differences between government organizations and ONPOs
Wednesday, April 27, 2016 by Miss Patte

accounting
bought merchandise on account. Received a two and a half percent trade discount. The gooda were originally marked at 3200 rand (i.e.before the trade discount) which source document will be used and what will the accounting equation be??
Wednesday, April 27, 2016 by Luyanda mchunu

Not for profit accounting
Is there a set percent that a not for profit has to give back to their market to be considered not for profit?
Monday, April 25, 2016 by Miss Patte

mathslit accounting life science tourism
what am I become with these sub guys help plz
Sunday, April 24, 2016 by mlingo high by malondy

accounting
how to calculate depreciation using carrying value method?
Saturday, April 23, 2016 by Jeylen

Accounting
If not-for-profit GAAP does not address an issue, what other sources of guidance should be used? Under what circumstances should these sources be considered?
Thursday, April 21, 2016 by Miss Patte

Not for profit accounting
Who are the primary stakeholders for most NPOs? Do you think accountability and interperiod equity are more relevant to NPOs than to for-profit organizations? Explain your response. How does transparency apply to NPOs? Do you think transparency is more or less easily attained ...
Thursday, April 21, 2016 by Izabella

Accounting
I got this part: Briefly describe and discuss the differences between for-profit organizations and NPOs. I'm not sure how to answer this: Do you believe these differences justify the use of distinct accounting principles for each group? Why or why not?
Thursday, April 21, 2016 by Miss Patte

accounting.economics,business studies,mathslit
It is possible to become a paramedic while doing those subjects?
Thursday, April 21, 2016 by Nelly

math literacy, economics,business studie,accounting, isizulu,English, life orientation
I am doing grade 11 in commerce class.and I still don't know my carrier choice. but I realised that am good in electricity stuff this year. so I want to be a electrician now.what I must do??help me out please
Wednesday, April 20, 2016 by zama shelembe

accounting
identify your human rights violation or discrimination and axplain in introductory paragraph why you choose the specific human rights violation discrimination.describe the three human rights violation or discrimination you selected, give two example of such violation you found...
Wednesday, April 20, 2016 by beauty

pure maths,accounting,economics,business studies
Guys my problem is maths solve x and graphs
Tuesday, April 19, 2016 by xola sentile

accounting
journalize the earning of services $53,000 on account and then additional $45,000 in cash
Tuesday, April 12, 2016 by dayo

accounting
Royalties can be earned from allowing others the right to use:
Sunday, April 3, 2016 by Anonymous

accounting
An employee earns $20 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 55 hours during the week, and that the gross pay prior to the current week totaled $29,000. Assume further that the social security tax rate ...
Saturday, April 2, 2016 by mary

Accounting
1. If GameStop Corp chose to issue another round of corporate bonds in 2009, how much interest rate should they offer?
Friday, April 1, 2016 by BonnieB

maths lit,accounting,business,economics
I want to know about my surbjet if that what kinds of jobs I can get it because I'm confused i want to know it um in grade11
Thursday, March 31, 2016 by Anonymous

accounting
martin and company purchased a fixed asset on 1/4/2010 for £250000.depreciation is o be provided at 10% annually according to the straight line method. the books are closed on 31wst march every year. prepare fixed asset account and depreciation account for the first ...
Wednesday, March 30, 2016 by lisa

Engineering Accounting
A car may be purchased with a $3500 down payment now and 72 monthly payments of $480. If interest rate is 12% compounded monthly, what is the price of the car?
Wednesday, March 23, 2016 by Anonymous

accounting
A business has a rate of return of seven times. At one time the business had an average stock of sh 142,000. The trade discounts allowed was 33.3% of all selling prices to retailers of gross profit. Calculate; (a) cost of goods sold (b) gross profit (c) turnover (d) total ...
Monday, March 21, 2016 by Mesh

Finance
Bell Mountain Vineyards is considering updating its current manual accounting system with a high-end electronic system. While the new accounting system would save the company money, the cost of the system continues to decline. The Bell Mountain’s opportunity cost of ...
Saturday, March 19, 2016 by Confused

accounting
a sales goods
Thursday, March 17, 2016 by noor

Accounting
Use the following information to complete the partial worksheet for Bill’s Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns. Merchandise inventory—ending $10 Store supplies on ...
Thursday, March 17, 2016 by Anonymous

need help!
I posted a question and didn't get it answered, why? The Joseph, Inc. uses the accrual basis of accounting. Joseph's insurance expense account had a $23,000 balance at the end of the year. The prepaid insurance account had a $6,000 balance at the beginning of the year ...
Tuesday, March 15, 2016 by Larry

Math
The Joseph, Inc. uses the accrual basis of accounting. Joseph's insurance expense account had a $23,000 balance at the end of the year. The prepaid insurance account had a $6,000 balance at the beginning of the year and a $3,000 balance at the end of the year. How much ...
Tuesday, March 15, 2016 by Larry

Math, accounting, Business, CAT
What can i study after high school with this subjects?
Tuesday, March 15, 2016 by Palesa

accounting,economics, mathematics,business studies
Identity three courses or study field you are interested in following after grade 12
Monday, March 14, 2016 by Anonymous

accounting
PR 9-6bAmortization and depletion entries Data related to the acquisition of timber rights and intangible assets during the current year ended December 31 are as follows: a. On December 31, the company determined that $3,400,000 of goodwill was impaired. b. Governmental and ...
Sunday, March 13, 2016 by novalita

accounting,maths lit,agricultural and economics
What coase should I studie in university?
Wednesday, March 9, 2016 by mbalipalesa

pure maths, accounting,business studies, economics
Im in grade 10 and i want to write my homework.how to solve for x?
Monday, March 7, 2016 by siyanga

Accounting
Considering all the information you have gathered in a company's balance sheet and income statement, why might this information be important to potential creditors, investors, and employees?
Monday, March 7, 2016 by Josey

accounting
pido corporation'd general ledger include
Thursday, March 3, 2016 by manny

accounting
how to calculate the remaining lifespan of 3 trucks owned by a business
Wednesday, March 2, 2016 by palesa

Accounting
The income tax rate is 30% on current and is payable in the first quarter of 2014. The pretax income before the preceding adjusting entries is $6,800. The accounts are; Income tax expense Income tax payable. I do not understand this question and what it is asking for. Can you ...
Sunday, February 28, 2016 by Larry

Accounting
On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. I need to know the amount of interest on the maturity date, the names of accounts the amount goes under, then I need to find the ...
Sunday, February 28, 2016 by Larry

Accounting
On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. I need to find the interest paid on the maturity date, prepare a journal for it, and then make a reversing entry.
Sunday, February 28, 2016 by Larry

Accounting
On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. Sorry about not being more descriptive. I need to find the maturity date, prepare a journal for it, and then find the reversing entry...
Saturday, February 27, 2016 by Larry

Accounting
On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. I do not understand this question, can you help me out, please.
Saturday, February 27, 2016 by Larry

accounting
Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period? estimated level of production. The company also estimated $94,000 of...
Saturday, February 27, 2016 by sandra

Accounting
A music store sells a CD with a wholesale price of $6 for $10.50 and one with a wholesale price of $14.00 for $20.50. If the markup policy for the store is assumed to be linear, find a function r = m(w) that expresses the retail price r as a function of the wholesale price w.
Thursday, February 25, 2016 by T

accounting
You are a merchandiser that buys wild widgets from a vendor for $70 each, marks them up, and sells them for $100 each. Journalize the three transactions below.You use the perpetual inventory system and reduce inventory when it is sold. You sell 80 wild widgets to a customer on...
Wednesday, February 24, 2016 by John

accounting
Net income is $44,400. Administrative expenses are $5,500 and selling expenses is $3,700. Cost of merchandise sold is $27,800. How much is sales, assuming no returns or discounts?
Wednesday, February 24, 2016 by Mike

accounting
Net income is $32,400. Administrative expenses are $11,800 and selling expenses are $7,200. Cost of merchandise sold is $61,100. How much is gross profit?
Wednesday, February 24, 2016 by Mike

accounting
Specify which of the following cash transactions would have resulted in the $4,100 posting to the account. (You select more than one answer. Single click the box with a check mark for correct answers and double click to empty the box for the wrong answers.) Receiving cash from...
Friday, February 19, 2016 by Irina

Intermediate accounting
During 2011, Deluxe Leather goods sold 800,000 reversible belts under a new
Wednesday, February 17, 2016 by Tariro

maths lit,accounting,economics,business studies
I did maths literacy with all the commercial subjects including accounting what course can i take?
Wednesday, February 17, 2016 by chuma

economics,english,mathslit,accounting,business,eco
I don't know what to become when I grow up
Sunday, February 14, 2016 by Anonymous

Accounting
Which of the following is NOT added back to Net Profits After Taxes to produce the numerator in Coverage Ratio? A. profits taxes B. interest on debt C. cost of materials D. depreciation
Friday, February 12, 2016 by Anonymous

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

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Homework Help: Business