Accounting-AW-Q200

Accounting-AW-Q200 Online Services    Account  Customer  Page Number 1001  Joe's Bar  AR Sub 1 1002  Frank's Cars  AR Sub 1 1003  Betty's Computers  AR Sub 1 1004  JoAnn's Hair Shop  AR Sub 1 1005  Steve's Transmission  AR Sub 2 1006  Bob's Car Repair  AR Sub 2 1007  Sue's Paint Shop  AR Sub 2 ...
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Accounts-AW-Q93

Accounts-AW-Q93 Online Services   Question 2   Martinez Company sells one product. Presented below is information for January for Martinez Company.   Jan. 1 Inventory 107 units at $5 each 4 Sale 84 units at $8 each 11 Purchase 146 units at $6 each 13 Sale 118 units at $9 each 20 Purchase 153...
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Accounts-AW-Q55

Accounts-AW-Q55 Online Services   Part I: Income Statement and Balance Sheet (50 Points)   Forecast an income statement and balance sheet for Nigerian Breweries(NB) for 2016. For this part, refer to theattached summary financial statements and the following assumptions. Please provide journal entries in the space provided below. Don’t worry if acc...
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Accounts-AW-Q44

Accounts-AW-Q44 Online Services   23.discuss the implications of an automobile that is used in a trade or business and has a gross vehicle weight GVW exceeding 6,000 pounds 32.jose purchased a house for $300,000 in 2011. He used the house as his personal residence. In March 2014, when the fair market value of the house was $400,000 he converted the house to r...
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Accounts -AW-Q18

Accounts -AW-Q18 Online Services   PROBLEM I: (worth 5 points)     Jennings Co. employs a staff of 100 at a total monthly gross pay of $100,000. The company withholds federal income tax at 20% and state income tax at 3% for all employees. FICA tax is withheld at a rate of 7.65%.   Jennings pays its employees on the last day of t...
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Accounts-AW-Q10

Accounts-AW-Q10 Online Services   ACCT 201 SPRING 2016 BUDGET PROJECT   NAME: SCHOLASTIC FURNITURE, INC.   July sales forecast (in sets) 8,000 August sales forecast (in sets) 12,000 September sales forecast (in sets) 9,000 October sales forecast (in sets) 7,500 November sales forecast (in sets) 6,000 ...
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Accounts -Q51

Accounts -Q51 Online Services   Specialty Mouldings Limited (SML) manufactures wood mouldings in rural Cape Breton.SML is the largest employer in the area and many of the retailers and service providers in the area are dependent on the wages paid by SML. Direct Materials and Direct Labour are the only variable costs of production.   The mouldings that ...
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Accounts-Q25

Accounts-Q25 Online Services   Instructions   1. This portion of the exam is open book and open note, but you are not to consult with any other student, teacher, friend, parent, cousin who is a CPA, etc. In other words, you may use the non-human resource available to you. 2. The take home exam consists of several problems that are worth 50 points in tota...
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Account-Q19

Account-Q19 Online Services   Gafat Engineering Ethio Plc manufactures two types of TV sets – LCD and CRT – both having only one model. The LCD and CRT television sets sell for Br 9,000 and Br5,000, respectively. The company sells its products through its own stores and other outlets. Total fixed expenses are Br15,000,000 per month. Variable expenses and monthly s...
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Accounts-Q1

Accounts-Q1 Online Services     Account BS or IS A/L/NA/R/E Dr Cr   1 Salary expense IS Expense 2,000,000          Wages payable BS Liability   2,000,000                 2                 &nb...
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