User Account

All Pages

What present entry that should be made on x corporation

Assignment Help Managerial Accounting
Reference no: EM132553132

Question 1: X Corporation owes a trade creditor $30,000 on open account which the corporation does not have sufficient cash to pay. the trade creditor suggests the X Corporation issue to him 750 shares of the $24 par value common stock, which is currently selling on the market at $40. Present the entry or entries that should be made on X Corporation's book.

Reference no: EM132553132

Questions Cloud

Estimated product costs and next adds the expected profit : Estimated product costs and next adds the expected profit margin. Costminus pricing/ Standard costing/ Kaizen costing/Target costing
What are some of ethical considerations associated : What are some of the ethical considerations associated with AI and Automation that have you the most concerned?
Sociology and perceptions of marx : Karl Marx's contributions to sociology and perceptions of Marx have exposed to in society, and how those perceptions influence views
Describe ethical dilemma : Describe an ethical dilemma that you experienced, or have witnessed in a change leader, when attempting to initiate change.
What present entry that should be made on x corporation : What Present the entry or entries that should be made on X Corporation's book. X Corporation owes a trade creditor $30,000 on open account
What are the 4 main points of the paper : What is the endosymbiotic theory? Does it seem like a good explanation for mitochondrial DNA?
What could be used to measure the objective of reducing : What could be used to measure the objective of reducing product development cycle? time? number of new projects launched based on customer input
BSBDIV501 Manage diversity in the workplace Assignment : BSBDIV501 Manage diversity in the workplace Assignment Help and Solution, Mastery Institute Australia - Assessment Writing Service
Explain the potential risks of price discrimination : Explain a numeric example of how profitability could be increased with it. Next, explain the potential risks of price discrimination.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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