475 Answered Questions for the topic Financial Accounting

Financial Accounting Accounting Economics Finance

10/10/20

Ordinary Annuity

A man bought a car in installment basis. If he pays P10,000 per month at a rate of 15% compounded monthly for 3 years, find the cash price and the accumulated amount of money for the car.
Financial Accounting

10/04/20

Accounting Managerial Zero Bono

For a zero-coupon bond: A. The coupon rate is lower than the market rate B. The cash received from investors is less than the bond's face value C. Amortization of bond discount equals to... more
Financial Accounting

10/02/20

Miquel pays $55 semimonthly for health insurance which is 16% of the total cost. His employer pays the rest. What is the total yearly cost to the nearest dollar of Miquel’s health insurance?

Miquel pays $55 semimonthly for health insurance which is 16% of the total cost. His employer pays the rest. What is the total yearly cost to the nearest dollar of Miquel’s health insurance? 
Financial Accounting Finance

08/31/20

Forecast vs prior yr

What is the purpose of looking at forecast vs prior yr?
Financial Accounting Accounting Managerial Accounting

08/28/20

Accounting Equation

Accounting Equation Shannon Cook is the stockholder and operator of You're A Star LLC , a motivational consulting business. At the end of its accounting period, December 31, 20Y2, You're A Star has... more
Financial Accounting Accounting Managerial Accounting

08/28/20

Cost Principles

On June 25, Repair Service extended an offer of $141,000 for land that had been priced for sale at $161,000, On July 9, AAA Repair Service accepted the seller's counteroffes of $153,900. On October... more
Financial Accounting

08/27/20

How do I Screen share?

Hello! I'm having some issues with screen sharing, if someone could please help me I would greatly appreciate it.

08/24/20

ANSWER THE FOLLOWING MANAGEMENT ACCOUNTING QUESTION.

SK Corporation has provided the following miscellaneous information regarding the operations of financial year 2020; shSales... more

08/24/20

PLEASE HELP!..! '_'

SK Corporation has provided the following miscellaneous information regarding the operations of financial year 2020; shSales... more
Financial Accounting

06/29/20

Introduction to financial accounting

Definition, types, importance

06/25/20

Accounting Question: Inventory Balance

The transactions listed below are typical of those involving Amalgamated Textiles and American Fashions. Amalgamated is a wholesale merchandiser and American Fashions is a retail merchandiser.... more
Financial Accounting

06/17/20

Briefly discuss Fibertech’s financial statements.

Briefly discuss Fibertech’s financial statements.(Please comment on its financial position, profitability, liquidity and whatever relevant information you can interpret from the financial statements.) more
Financial Accounting Accounting

06/14/20

Discuss the questions above

(a) "The statement of financial performance and financial position contains only past information, and therefore are not very relevant for decision making." Discuss.  (5 marks)(b)  "It is possible... more
Financial Accounting Business Accounting Finance

05/29/20

Please solve this Accounting problem.

The unit selling price and unit production costs of Silver Craft Ltd were as follows for the month of April 2019:-Selling price Rs120Direct materials Rs22Direct labour Rs17Variable... more
Financial Accounting Math Finance Apy

05/12/20

Calculate the may 1 and November 1 INTEREST PAYMENT each year (5 years) create the column and row heading

You recently purchased a 5-year, $10,000 corporate bond with 6.0% APY.
Financial Accounting Math Business Accounting

05/11/20

Payroll register

The payroll register for Heilman Mfg. for the week of August 20th indicates the following Salaries $1,500,00Social Security Tax Withheld $90,000Medicare Tax Withheld $22,500Federal Income Taxes... more
Financial Accounting Accounting

05/07/20

The credit portion of an adjusting entry to enter the estimate for uncollectible accounts can be made directly to a specific receivable account

The credit portion of an adjusting entry to enter the estimate for uncollectible accounts can be made directly to a specific receivable account. True or false
Financial Accounting

04/16/20

Financial accounting

If you were a shareholder in Fibertech sitting in the Board of Directors, based on the information you read in the financial statements, what further relevant questions would you ask to get a more... more
Financial Accounting Finance

04/13/20

Yesterday the Rockville corporation instituted a 2-for-1 split. Before the split, the market share price was $63.44 per share and the corporation had 2.3 billion shares outstanding. ?

What was the pre-split market cap for Rockville?what was the post-split number of shares outstanding for Rockville? What was the post-split market price per share for rockville?
Financial Accounting Finance

04/06/20

amount of selling half shares

if you just state that what is first step, will be good too :) On November 1, 2019, Mike opened an account and deposited $20,000. He invested this money in 1,000 shares in Crazy Growth mutual fund... more
Financial Accounting

03/28/20

I'm confused on

03/18/20

PREPARE A PROPERLY CLASSIFIED BALANCE SHEET AD MULTIPLE STEP INCOME STATEMENT

Restaurant revenue- Credit 1,000Cost of restaurant revenue- Debit 200Telephone expenses- Debit 100Cash- Debit 500Accounts Receiveable- Debit150Supplies Inventory-Debit 20LAnd- Debit 200Building,... more

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