Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
There are four basic accounting principles that underlie all accounting and financial reporting practices. These principles are (1) historical cost, (2) revenue recognition, (3) matching principle, and (4) full disclosure. According to the historical cost principle, assets and liabilities are recorded at their historical or acquisition cost. Applying this principle is beneficial because it can be supported by other documentation. Do you agree that the United States should use historical cost?
words 150
The accounting records of Shinault Inc. show the following data for 2014. Life insurance expense on officers was $8,400. Equipment was acquired in early January for $341,100. Straight-line depreciation over a 5-year life is used, with no salvage valu..
Briefly discuss the objectives and functions of each of these sources and purpose of each source of regulation.
cash conversion cycle based on balance sheetgates industries balance sheet and income statement for the year ending
On January 1, year 1, ABC Corp. purchased all of DEF Corp.'s common stock for $1,000,000. On that date, the fair values of DEF’s assets and liabilities equaled their carrying amounts of $800,000 and $100,000, respectively. During year 1, DEF paid cas..
Regal Products has a budget of $900,000 in 20X6 for prevention costs. If it decides to automate a portion of its prevention activities, it will save $60,000 in variable costs. The new method will require $20,000 in training costs and $150,000 in annu..
The expected inventory level of 5,000 units on December 31, 2013, is more than management is the desired level for 2014, which is 20% of the next months expected sales.
Calculation of direct material price variance and The company purchased 3,000 yards of material in March for $21,000. The company used 2,800 yards in March in order to make 7,700 dresses. The direct materials price variance is?
Bakem Enterprises manufactures and sells Ovens. Bakem provides all customers with a two-year warranty guaranteeing to repair, free of charge, any defects reported during this time period. Analysis of past warranty records indicates that 12% of all sa..
computation of various balance sheet ratios.scully corporations comparative balance sheets are presented below.scully
Calculation of Material handling costs, predetermined overhead costs and account balance and find the cost recorded in the inventory account after this event
A large electronics company is organized into mainly profit-center divisions. The components division and the consumer electronics division are profit-center divisions of the company. The components division produces individual chips and other electr..
Break morning Corporation produces a product that requires 1 hour of direct labor per unit. The allowance for rest periods is .2 hours; the allowance for machine setup is .1 hours. The hourly wage rate is $9 per hour, but a raise of $.25 per hour wil..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd