technology is increasingly used to process accouting data. then why should we study accouting?
what is computerized auditing
need help in financial accouting
Can someone help with the accounting question... If not, please let me know that you cannot help.
Is this order correct for the accouting cycle: 1. Analyzing transactions and events 2. Journalizing transactions and events 3. Posting the journal entries 4. Preparing an unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial ...
what four items may be omitted when listing figures on columnar paper?
alocation of purchase price to vaious assests and liabilities
The adjusting entry to record supplies expense accomplishes which of the following?
Has anyone done the Sahron Clark, accouting in Peachtree? Just wondering how to enter the supplies on hand, to the adjusted trial balance. confused about this.
How much investment per dollar of expected annual operating savings can a company afford if the investment has an expected life of 8 years and its required rate of return is 14%?
accouting edit plz
Received a $95 bill for telephone service during the month of October (the bill is paid in November). Telephone Expense accounts payable or is it, accounts recievable service revenue
Vacation pay payable is reported on the balance sheet as a(n) a. current liability or long-term liability, depending upon when the vacations will be taken by employees b. current liability c. expense d. long-term liability it's not b
If beginning inventory consisted of 22,500 units, ending inventory was 7,500 units, and 33,000 units were started during the period, how many units were completed and transferred out of the department to the next department? Show your work
5. Compute the price of $3,461,181 received for the bonds by using the tables of present value in Appendix A. (Round to the nearest dollar.) Your total may vary slightly from the price given due to rounding differences. Present value of the face amount $ Present value of the ...
If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid for in the current quarter? In the following quarter? What if its payment delay is 60 days? It will pay 1/4 of its yearly bills each quarter -- no matter what its payment delay is. With a...
acct.information system components
can someone correct these for me when you have a chance thanks: a) source documents b) input devices c) information process d) information storage e) output devices I have to assigned them to the following titles that best plays role in the accouting system. My answers are in ...
Please can you show me how to do it. An employee receives an hourly rate of $25, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46 federal income tax withheld, $350; cumulative earnings ...
Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 37,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $505,...
Company E December 31, 2010 Assets $42,000 $32,760 $26,880 $74,760 $114,660 Liabilities 34,440 22,932 14,515 51,584 ? December 31, 2011 Assets 45,000 32,400 ? 81,900 124,200 Liabilities ? 22,032 14,773 39,312 98,118 During year 2011 Stock issuances 6,000 1,400 9,750 ? 6,500 ...
A fast-food establishment is thinking of buying a new cooking grill and refrigeration unit. The costs of these new machines are $12,500 and $9,000, respectively. The installation costs of the new equipment will run about $800. It is estimated that 10% more customers can be ...
The ledger of Custer Company has the following work in process account. Work in Process—Painting 5/1 Balance 4,820 5/31 Transferred out ? 5/31 Materials 5,710 5/31 Labor 4,800 5/31 Overhead 2,430 5/31 Balance ? Production records show that there were 410 units in the ...
I need to prepare a multi-step income statement for Coyote, Inc from a single-step statement. Thuis is the following information that I was given. Net sales $1,833,000 Interest Income 13,000 __________ 1,846,000 Costs and expenses Cost of goods sold 1,072,000 Selling expenses ...
Nancy Company has budgeted sales of $300,000 with the following budgeted costs: Direct materials $60,000 Direct manufacturing labor 40,000 Factory overhead Variable 30,000 Fixed 50,000 Selling and administrative expenses Variable 20,000 Fixed 30,000 Question 1: Compute the ...
Bennis Company has the following comparative balance sheet data. BENNIS COMPANY Balance Sheets December 31 2011 2010 Cash $ 15,000 $ 30,000 Receivables (net) 70,000 60,000 Inventories 60,000 50,000 Plant assets (net) 200,000 180,000 $345,000 $320,000 Accounts payable $50,000 $...
Horton Company, as lessee, enters into a lease agreement on July 1, 2008, for equipment. The following data are relevant to the lease agreement: 1. The term of the non-cancelable lease is 4 years, with no renewal option. Payments of 422,689 are due on June 30, of each year. 2...
On 1st September 2015, the opening balances of ABC Company were as follows: Accounts Debit $ Credit $ Cash 4,880 Accounts Receivable 3,520 Supplies 1500 Equipment 15,000 Accumulated Depreciation 1,500 Accounts Payable 3,400 Unearned Service Revenue 1,400 Capital 18,600 Total ...
Prepare a 10-column work sheet for fiscal year 2005, starting with the unadjusted trial balance and including adjustments based on these additional facts: a. The supplies available at the end of fiscal year 2005 had a cost of $3,200. b. The cost of expired insurance for the ...
- Hanna Manufacturing – Due Hanna Manufacturing manufactures components for the farming industry and is considering replacing its existing equipment with new and more high technology machinery, despite the fact that its existing eq uipment is only a few years old and still ...
college accouting REALLY IMPORTANT PLEASE HELP =/
On Jan 1, 2009 the following activitis occurred: a) ICDI, a consulting services company, was orgainized and issed 10,000 shares of capita stock in exchange for $500,000 cash. b)UCDI entered into an agreement with a landlord and paid $60,000 or 6 months rent in advance. c) the ...
Bob night opened "The general's favorite Fishing Hole" The fishing camp is open from April through September and attracts many famous college basketball coaches during the off-season. Guests typically register for one week, arriving on Sunday afternoon and returning home the ...