481 Answered Questions for the topic Financial Accounting

Financial Accounting

10/22/20

Questions listed below
The relationship between a bond's price and the yield to maturity is an inverse relationship. Please explain, but make sure you don't simply restate the inverse relationship, but explain the... more
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Financial Accounting

10/17/20

How Would I Journalize This Transaction: Dec 8 Received $22,400 On Account From Warthog Company, No Discount. This Sale Was Made In November
I was thinking:Accounts Receivable 22,400 Sales 22,400I'm not sure if this is correct?
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Financial Accounting Math Finance Business finance

10/16/20

Breakeven Question
Sally’s Skate Company offers roller skating lessons. Her facility is her only fixed cost, at $800/month. Her instructor rate (a variable cost) is $60 per hour. She has no other costs. If each... more
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Financial Accounting

10/12/20

Accounting Tax Expense Question
Prepare the Journal Entry that would have been processed by Shell Ltd to recognize the tax expense for the year ended 31 September 2019.
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Financial Accounting

10/12/20

Financial Accounting
What is the journal entries for the following:On 31 August 2019 Sunshine shop identified that inventory costing 43 500 had been damaged. This inventory could be sold for 46000 if 5 000 was spent... more
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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.
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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
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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? 
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Financial Accounting

10/02/20

Maria has a job selling shoes and works only on commission. She makes 10% on each pair of shoes she sells. How much in commissions will she make if she sells $1100.00 worth of shoes
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Financial Accounting Finance

08/31/20

Forecast vs prior yr

What is the purpose of looking at forecast vs prior yr?
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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
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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
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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.
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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
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08/24/20

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

08/08/20

Write an equation demonstrating the accounting formula. Create two lists, one debit, one credit, which include these components as well as Revenue and Expenses.
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Financial Accounting

06/29/20

Introduction to financial accounting
Definition, types, importance
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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
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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
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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
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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
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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.
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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
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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
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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
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