575 Answered Questions for the topic accounting

Accounting Math Sat Math Finance

10/07/21

A company has some equipment that they know will be
A company has some equipment that they know will be obsolete in five years. They expect, though, that it will have some recycling value, and the purchasing department (which handles disposals)... more
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10/07/21

You’ve been given $25,000 for your 21st birthday! You decide the prudent thing to do is control your inclination to spend it now, and instead you lock it into an investment that will earn you 8% inte
You’ve been given $25,000 for your 21st birthday! You decide the prudent thing to do is control your inclination to spend it now, and instead you lock it into an investment that will earn you 8%... more
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Accounting Math Finance

10/07/21

A company has some equipment that they know will be obsolete in five years.

A company has some equipment that they know will be obsolete in five years. They expect, though, that it will have some recycling value, and the purchasing department (which handles disposals)... more
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Accounting Math English Business

10/07/21

Accounting Question, Please Help
What does it mean when a company has a major expense? Like for example, "The major expense for Dollar Tree Inc. is called Cost of Goods Sold, which represents the cost of the goods Dollar Tree sold... more
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Accounting Math English Business

10/07/21

Accounting Question Help
Please explain what the following statement means in detail if you can, thank you.The actual cost of assets or services is usually more reliable than market value.NOTE: Consider the conflict... more
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10/07/21

Accounting Question Help - The statement of retained earnings
What does the beginning balance of retained earning indicate? And what does the following that is reported in the statement of retained earnings mean as well? The addition of net income or the... more
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10/06/21

Accounting Question - Notes to the financial statements
What are notes to the financial statements? Please explain what it means and it's importance.
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10/06/21

Accounting Question Help - Owner's Equity Question 2
Please explain the following statement in detail, I don't quite understand.The owner's equity of proprietorships and of partnerships makes no distinction between what is invested and what is... more
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10/05/21

Accounting Question Help - Owner's Equity
Please help explain the following statement + provide an example if can, I would like a better explanation. Thanks,Owner's equity is the owner's remaining interest in the assets of the company... more
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Accounting Math English Business

09/16/21

Please Help, question about dividends.

How do dividends affect a business as a whole? All I know is that dividends decrease retained earnings because it is net income that was not invested in the business.
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08/29/21

Explain my query

Financial accounting = Economic truth + error + manipulation. Explain
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Accounting Finance

05/28/21

Finance and account
My best friend is saving $1,800.00 and will earn 0.17 percent per month. How many number of months until the account grows to $2,000.00?
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05/16/21

Contra Accounts
I was explaining contra accounts to a fellow student and was asked why the supplies account doesn’t have a contra account and why it would be incorrect to have a contra account for supplies when... more
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Accounting

05/14/21

Accounting Question
Pryce Company owns equipment that cost $70,200 when purchased on January 1, 2017. It has been depreciated using the straight-line method based on estimated salvage value of $4,700 and an... more
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05/11/21

Help in Solving this question! please and thanks
On March 1, Kate Harbour started Skin Care Co. a company that provides individual skin car treatment to clients. She invested $27,200 cash in the business. Listed below alphabetically are the... more
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Accounting Math

05/10/21

The theater showed 4 plays in June. Write the entry at the end of June to record the revenue
A Broadway theater sells tickets to plays. Ticket holders paid the theater $87,500 in advance. For each play, it shows the theater earns $2,500.Write the entry to record the collection of money in... more
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Accounting Math English History

05/08/21

Cultural Intelligence, International Business Question
1.Please explain the concept of cultural intelligence and why it’s important when doing international business.
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Accounting Math English Business

05/01/21

International Business Question
Why is the movement of production factors limited in a international business?
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Accounting Math Precalculus Finance

04/24/21

I need to know this step by step!
A family has a mortgage on a home for $295,000, amortized over 25 years, at an APR of 4.5%. The monthly payment on the mortgage is $1,639.71/ If the family makes a $25,000 extra payment at the end... more
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04/23/21

Make-to-Stock Strategy

Make-to-stock strategy is commonly used in the production of low volume goods.True or false?
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Accounting Business

04/18/21

Can someone do a detailed SWOT analysis on the Michaels Companies Inc (just the strengths and weaknesses)
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Accounting

04/06/21

Which of the following would result in an exceptional account balance?
A A business which has $3000 in the bank writes a cheque for $3500. B A customer who owes us $500 sends us a cheque for $550. C The business owed $200 to a supplier but wrote a cheque for... more
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03/29/21

About depreciation methods

Assuming that company X following straight line depreciation method and company Y is using double declining method. What will be the effect on both net income and total assets at early... more
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Accounting

03/23/21

creditors can ho after the separate property of a stockholder
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Accounting

03/20/21

Problem 6-7AA Periodic: Alternative cost flows LO P3
Seminole Company began the year with 29,500 units of product in its January 1 inventory costing $16.90 each. It made purchases of its product during the year as follows. The company uses a periodic... more
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