User Account

All Pages

Identify which accounting principle is being addressed

Assignment Help Accounting Basics
Reference no: EM133071999

Question - Mary Harler is the president of an agency that supplies temporary office employees to firms in need of short-term assistance during peak periods. You are the accountant for the agency. Mary has just purchased a car for her daughter and instructs you to list the car as an asset of the company. You are to make the monthly car payments from the business bank account.

Identify which accounting principle is being addressed.

As an ethical accountant, what would your recommended action be?

Reference no: EM133071999

Questions Cloud

Chemistry of life and acid-base balance : Concept has been the most difficult for you so far in this course (from either The chemistry of Life, Acid-base balance, or Cellular Form and function)?
How much needs to be invested today : How much needs to be invested today at 4.8% compounded semi-annually to provide monthly payments of $500 in perpetiuity starting one month from today
Common treatment for hypercholesterolemia : A common treatment for hypercholesterolemia is a class of drugs called statins. Is there a better solution for these situations?
How much is the var reduction in the portfolio : Suppose you have two stocks (A and B) in your portfolio, worth $220,000 and $180,000 respectively. The annual volatility is 0.24 and 0.32 respectively.
Identify which accounting principle is being addressed : Mary has just purchased a car for her daughter and instructs you to list car as an asset of the company. Identify which accounting principle is being addressed
Anatomical concepts associated with vascular system : Explain the anatomical concepts associated with the vascular system. Which topic(s) within this module did you struggle to understand and why?
Risk of needing an emergency loan : Looking forward to next year, if Digby's current cash balance is $17,624 (000) and cash flows from operations next period are unchanged from this period, and Di
Compute expected rate of uncollectible accounts receivable : You have been asked to analyze MetaZoo's accounts receivable. Compute the expected rate of uncollectible accounts receivable
Calculate the internal rate of return : Calculate the internal rate of return for each and the crossover rate. Under what circumstances will the internal rate of return and the net present value rank

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd