Recent Questions

Question Subject Due Date No. of Tutorials Closed Price
ACCOUNTING 5110-On 1/1/2015 Gladrags Company issued a 5-year
On 1/1/2015 Gladrags Company issued a 5-year bond payable with a face value of $60,000 and an annual stated interest rate of 6%. Interest payments are made semi-annually on each June 30 and December 3 …
Accounting / Accounting 2018-07-16 1 No $4.00
ACCOUNTING 5110-During 2015, Scribb Company's customers returned
During 2015, Scribb Company's customers returned merchandise for a credit of $17,750 to their accounts. Sales and cash collections from customers during the year were $425,000 and $390,000, respective …
Accounting / Accounting 2018-07-16 1 No $5.00
ACCOUNTING 5110-Phillip, Inc. reports the following aging schedule for
Phillip, Inc. reports the following aging schedule for accounts receivable at December 31, 2015. Days Outstanding 0 - 30 31 - 60 61 - 90 Over 91Amount $87,500 $13,500 $9,300 $2,400Probability of colle …
Accounting / Accounting 2018-07-16 1 No $4.00
ACC 451-A partnership has liquidated all assets but still reports
A partnership has liquidated all assets but still reports the following account balances: Beck, loan $8,000 Cisneros, capital (40%) 5,000 Beck, capital (20%) (12,000)(deficit)Sadak, capital (10%) (8,0 …
Accounting / Accounting 2018-07-16 1 No $5.00
ACCOUNTING 5110-Fenland Co. plans to retire $100 million
Fenland Co. plans to retire $100 million in bonds in five years, so it wishes to start a fund by making equal investments at the beginning of each year during that period in an account it expects to e …
Accounting / Accounting 2018-07-16 1 No $3.00
You wish to buy a $10,700 dining room set
You wish to buy a $10,700 dining room set. The furniture store offers you a 2-year loan with an 12 percent APR. What are the monthly payments? round your final answer to 2 decimal places.Payment $ 503 …
Accounting / Accounting 2018-07-16 1 No $4.00
ACCOUNTING 1-Long-term assets are $800 current liabilities
Long-term assets are $800 current liabilities are $24,800 and long-term liabilities are $600. If the current ratio is 1.43 to 1 then current assets are?Speed company has current assets of $196,500 and …
Accounting / Accounting 2018-07-16 1 No $5.00
You are looking to buy a car
You are looking to buy a car. You can afford $690 in monthly payments for five years. In addition to the loan, you can make a $790 down payment. If interest rates are 9.00 percent APR, what price of c …
Accounting / Accounting 2018-07-16 1 No $4.00
TAX ACC 938-A client, Mr. Ricky, has passed away at the age of 62
Need help how to calculate taxable income at death.A client, Mr. Ricky, has passed away at the age of 62. Mrs. Ricky is the executrix. He owned and operated a Canadian-controlled private corporation, …
Accounting / Accounting 2018-07-16 1 No $4.00
AC 501-There are four different situations related to Mckee plc
There are four different situations related to Mckee plc debt obligations. Mckee's next financial reporting date is December 31, 2018. The financial statements are authorized for issuance on March 1, …
Accounting / Accounting 2018-07-16 1 No $5.00
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