Business

accounting-Presented below are selected accounts for Salazar Company

QUESTION Presented below are selected accounts for Salazar Company as reported in the worksheet using a perpetual inventory system at the end of May 2014. Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Accounts Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit […]

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Date: September 2nd, 2020

accounting-Presented below are transactions related to Bogner Company.

QUESTION Presented below are transactions related to Bogner Company. 1 On December 3, Bogner Company sold $667,100 of merchandise to Maris Co., terms 3/10, n/30, FOB shipping point. The cost of the merchandise sold was $386,600. 2 On December 8, Maris Co. was granted an allowance of $21,000 for merchandise purchased on December 3. 3 […]

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Date: September 2nd, 2020

accounting-Gilder Corporation makes a product with the following standard costs

QUESTION Gilder Corporation makes a product with the following standard costs:Standard Quantity or HoursStandard Price or RateStandard Cost Per Unit Direct materials4.6 grams$4.00 per gram$18.40 Direct labor0.8 hours$11.00 per hour$8.80 Variable overhead0.8 hours$6.00 per hour$4.80 The company reported the following results concerning this product in June. Originally budgeted output6,800 units Actual output6,700 units Raw materials […]

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Date: September 2nd, 2020

accounting-The cash account in the general ledger for Mattie Confectionary Co.

QUESTION ASSIGNMENT #4 Chapter 9 from Hermanson Book (“Receivables and Payables”) & Chapter 8 (“Cash, Petty Cash, Bank Reconciliations, Internal Control”) from the Edwards textbook 1) The cash account in the general ledger for Mattie Confectionary Co. on March 31,2014, shows a balance of $16,450.00. The company’s bank statement reports an ending balance of $18,345.00 […]

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Date: September 2nd, 2020

Devry Math533 Week 2 Discussion DQ 1 Latest 2015 November

QUESTION DQ 1A number of years ago, there was a popular television game show called Let’s Make a Deal. The host, Monty Hall, would randomly select contestants from the audience and, as the title suggests, he would make deals for prizes. Contestants would be given relatively modest prizes and then would be offered the opportunity […]

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Date: September 2nd, 2020

accounting-The following financial statements of William Ltd and its subsidiary Adam Ltd

QUESTION signment, Company Accountinf, due 11/5/12Question Detail:The following financial statements of William Ltd and its subsidiary Adam Ltd have been extracted from their financial records at 30 June 2012.William LtdAdam Ltd$$$$Extract from Statements of Comprehensive Income and Changes in EquitySales Revenue1,114,524896,400Cost of Sales(770,240)(395,080)Gross Profit344,284501,320Other RevenueDividends received from Adam154,380-Management fee revenue43,990-Gain on sale of equipment66,40058,100ExpensesGeneral expenses(51,128)(64,242)Selling […]

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Date: September 2nd, 2020