06/28/16

Accounting: Bad Expense Account
Using the aging method of accounts receivable method, $5,900 of the company’s Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is... more
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06/26/16

Accounting Please Help!
Two different companies, Ripper and Berners, entered into the following inventory transactions during December. Both companies use a perpetual inventory system. • December 3 – Ripper Corporation... more
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04/07/16

Accounting help. Putting each in the appropriate journal. General Journal, Adjusting Entries, and/or Closing Entries.
May 1: Purchased merchandise on account from ACL, $12,897. Terms are n/30. May 1: Sold mercandise on account, Invoice No. 201, to Georgia Health Club for the net amount of $5,301.60. The cost of... more
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04/06/16

Be sure to include complete depreciation schedules showing year-by-year depreciation amounts and book values.
Consider the depreciation of a $5,000 asset with $0 salvage value using both the Straight Line and SOYD depreciation methods. Assume a 5-year depreciable life. Develop the complete depreciation... more
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04/05/16

the drawee is the
A person who writes the check b bank with which the drawer has an account c person is whom the check is payable d person who reconciles the account
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03/31/16

HELP!!!! Managerial Word Problem
Consider the following table and prepare a segmented income statement on paper. Use your income statement to answer the following questions:What is the contribution margin for Product A? What is... more
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03/21/16

How long will it take an amount of money to double if it is compounded annually at the rate of 6.85%?
A. 10.12 yearsB. 11.5 yearsC. 12.4 yearsD. 13.2 years
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03/21/16

If I invested $2,700 for 2 years and earned $177.66 in interest at what rate did I invest my money
Simple interest on a principal amount (P) at interest rate (r) for a given time (t) in years: Formal I=Prt: If I invested $2,700 for 2 years and earned $177.66 in interest, at what rate did I... more
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03/20/16

NPV discount rate of 10 percent
Sally Omar is the manager of the office products division of Wallace Enterprises. In this position, her annual bonus is based on an appraisal of return on investment (ROI) measured as Division... more
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03/17/16

The deferred income tax liability:
 a. Represents income tax payments that are deferred until future years because of temporary differences between GAAP rules and tax accounting rules. b. Is a contingent liability. d. Is never... more
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03/14/16

Traveling 775 miles. I get 12 miles to the gallon and gas is $1.85 a gallon. How much will the total gas bill be?
I need help figuring the cost of gas for this trip
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03/14/16

there are 102 students in the gym.. 2/3 are wearung sneakers and 1/6 are wearing shoes.the rest are barefoot.How many are wuthout shoes
my daughter needs help with her homework  
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03/14/16

how many minutes does it take......
if u been cleaning diesel dispensers for 35 minutes and have completed 6 dispensers how many minutes has it taken you to clean 1 dispenser   A)6.83 B)5.22 C)5.83 D)6.00
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03/14/16

How to solve this problem using elimination method?
Macadamia nuts cost $16.50 per pound. Regular nuts cost $9.25 per pound. How many pounds of macadamia nuts and how many pounds of regular nuts should I combine to produce 40 pounds of a mixed nut... more
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03/14/16

what percent of tire....
The results of a study made as part of a performance improvement effort at a automobile manufacturing plant provided data for a sample of 500 tires. The following table contains a summary of the... more
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03/13/16

Journal Entries Please Help!
Angeles De Guzamn Guardians completed the following transaction During Oct 2014 Oct. 1. De Guzman transferred cash from a personal account to an account to be used for the business, $243,000. Oct.... more
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02/16/16

Keep getting the answer wrong not sure if I'm categorizing properly
I'm not sure how to properly categorize this accounting problem.   Journalize the transactions using a perpetual inventory system. Waters Hardware Store completed the following merchandising... more
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02/13/16

Accounting
Waters Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Water’s ledger showed Cash of $10,858 and Common Stock of $10,858.May 1... more
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