Journal entry 1 Study guides, Class notes & Summaries
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![WGU D104 Intermediate Accounting II Units 4-6 Exam Graded A+](/docpics/3072599/64b3a8eb5d661_3072599_121_171.jpeg)
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WGU D104 Intermediate Accounting II Units 4-6 Exam Graded A+
- Exam (elaborations) • 11 pages • 2023
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Asset Turnover Ratio - ANSWER-net sales/average total assets 
 
Profit Margin Ratio - ANSWER-net income/total sales 
 
Rate of return on assets - ANSWER-net income/average total assets 
 
Current ratio - ANSWER-current assets/current liabilities 
 
acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities 
 
rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity 
 
payout ratio - ANSWER-cash ...
![FAC3701 ASSIGNMENT 1 SEMESTER 1 OF 2023 [765123]](/docpics/640e3bb5d865e_2464819.jpg)
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FAC3701 ASSIGNMENT 1 SEMESTER 1 OF 2023 [765123]
- Summary • 11 pages • 2023
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FAC3701 ASSIGNMENT 1 SEMESTER 1 OF 2023 [] 
 
REQUIRED: 
 
(a)	Prepare the relevant journal entry to correctly record the dividends transaction in additional information (3) in the accounting records of Mathew Ltd for the financial year ended 31 December 2022. 
 
(b)	Prepare the relevant journal entry to correctly record the sales transaction of Machine Stitch on 01 January 2022 (refer to additional information (1) in the accounting records of Mathew Ltd for the financial year ended 31 December...
![WGU D102 Financial Accounting Exam Questions with Verified Answers (Graded A)](/docpics/63fad7ddf3d36_2411338.jpg)
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WGU D102 Financial Accounting Exam Questions with Verified Answers (Graded A)
- Exam (elaborations) • 6 pages • 2023
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What information is contained in a balance sheet? - ANSWER-Report of a company's financial position as of a point in time. 
 
What is an owners' equity item? 
 
Accounts receivable 
Loans payable 
Capital stock 
Cash - ANSWER-Capital Stock 
 
A company ended July with assets of $150,000 and owner's equity of $60,000. 
What is the amount of liabilities at the end of July? - ANSWER-$90,000 
 
What is reported in a multiple-step income statement that is not reported in a single-step income state...
![FAC2246 October Exam (DETAILED ANSWERS) 2023](/docpics/3570095/651fef4b51bed_3570095_121_171.jpeg)
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FAC2246 October Exam (DETAILED ANSWERS) 2023
- Exam (elaborations) • 19 pages • 2023
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FAC2246 October Exam (DETAILED ANSWERS) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
Question 1 (20 Marks) 
The partnership agreement of Madi-Maxi Traders provided for the following: 
Balances on 1 March 20.19: 
Capital: Madi R 125 000 
Maxi R 85 000 
Current Account: Madi R 24 000 
Maxi R 8 000 (debit) 
Net profit for the period: R 366 000 
Transactions during the year, not included in profit: 
1. Madi wi...
![Solution Manual for Intermediate Accounting 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield .Chapter 1- 23 | Complete Guide A+](/docpics/4130343/659514168940d_4130343_121_171.jpeg)
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Solution Manual for Intermediate Accounting 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield .Chapter 1- 23 | Complete Guide A+
- Exam (elaborations) • 1977 pages • 2024
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Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 
Complete 
Solution Manual and Instructor Resource for 
Intermediate Accounting, 18th Edition 18th Edition, by 
Donald E. Kieso, Jerry J. Weygandt and Terry D. 
Warfield. ISBN- 
Chapter 1 
Financial Accounting and Accounting Standards 
Assignment Classification Table (By Topic) 
Topics Questions Brief 
Exercises 
Exercises Critical 
Thinking 
1. Environment of 
accounting, principles, 
...
![GCU UNV-103 2022/2023 WITH 100% CORRECT ANSWERS ALREADY GRADED A](/docpics/6418d18cd777c_2494548.jpg)
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GCU UNV-103 2022/2023 WITH 100% CORRECT ANSWERS ALREADY GRADED A
- Exam (elaborations) • 13 pages • 2023
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You need scholarly research on the treatment of diabetes. What type of resource would provide the best information? 
A popular YouTube video 
A peer-reviewed medical journal 
A current online magazine article 
A popular medical website 
A peer-reviewed medical journal 
 
 
 
When using a journal article to support your essay, when do you have to include an in-text citation? 
When using a block quote from the journal article 
When paraphrasing a few sentences from the journal article 
When using ...
![INS1502 MAY/JUNE EXAM ANSWERS 2023](/docpics/2811943/6471dfec1f1c0_2811943_121_171.jpeg)
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INS1502 MAY/JUNE EXAM ANSWERS 2023
- Other • 33 pages • 2023
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INS1502 MAY/JUNE EXAM ANSWERS 2023 
 
QUESTIONS ASKED 
A valuable technique to interact with academic text and to support learning is … 
a. 
podcasting 
b. 
copying 
c. 
note-taking 
d. 
recording 
c. note-taking 
Note-taking is a valuable technique to interact with academic text and support learning. It involves actively engaging with the 
material, summarizing key points, and organizing information in a way that makes it easier to understand and remember. By taking 
notes, learners can enha...
![FAC1601 Assignment 2 Semester 1 2023 (366856)](/docpics/643af5720e018_2603896.jpg)
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FAC1601 Assignment 2 Semester 1 2023 (366856)
- Exam (elaborations) • 22 pages • 2023
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FAC1601 Assignment 2 Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . 
Which of the following statements is correct: 1. W hen revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 2. The selling price of a partnership is determined by the cos...
PSY 108 Project Two Milestone 2024: Journal Entry with complete solution-SNHU
![ACCT 212 Week 3 Homework Assignment (100%correct answers)](/docpics/631b9b8292b68_1950752.jpg)
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ACCT 212 Week 3 Homework Assignment (100%correct answers)
- Exam (elaborations) • 11 pages • 2022
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1. Question: Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the following account information: …….. The following informat ion is known for the month of December: 1. Purchases of supplies during December total $4,500. Supplies on hand at the end of December equal $3,500. 2. No insurance payments are made in December. Insurance cost is $2,000 per month. 3. November salaries payable of $11,000 were paid to employees in D...
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