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Suppose that the firm operates in a perfectly competitive market. The market price of his

product is$10. The firm estimates its cost of production with the following cost function:

TC=10q-4q2+q3


Suppose the production function of a firm is given as X  0.5L1/ 2K1/ 2 prices of labor and
capital are given as $ 5 and $ 10 respectively, and the firm has a constant cost out lay of $
600.Find the combination of labor and capital that maximizes the firm’s out put and the
maximum out put.

Trading inventory purchased $875.00,how do you record in a creditor journal?


Record the following transactions using the accounting equation and T accounts.


1.Owner contributed $50,000 in cash for company stock.

2.Purchased building for $120,000


owner contributed $50,000 in cash for company stock


Debit Accounts Payable

Credit Cash

Credit Purchases/Discounts

  • What does this journal entry mean?


Debit Cash

Credit Notes Payable

  • What does this journal entry mean?


Debit Inventory/Purchases

Credit Accounts Payable

  • What does this journal entry mean?


Debit Cash

Credit Interest Revenue

  • What does this journal entry mean?


Debit Notes Receivable

Credit Discount on Notes Receivable

Credit Cash

  • What does this journal entry mean?



Debit Discount on Notes Receivable

Credit Interest Revenue

  • What does this journal entry mean?



Debit Cash

Debit Discount on Notes Payable

Credit Interest Revenue

  • What does this journal entry mean?





If in the question didn't mention about the mode of purchase transaction is furniture purchase worth rs. 300000 what is the accounting equation ?

Assets 300000= liability0+capital 300000 y capital 300000 but it increases assets by purchasing furniture


Complete the table for the two companies using the information given below.

Company P

  Earnings

€ 6000000

Retained earnings

€ 3500000

Distributed earnings

€ 2500000

Number of shares

10000000

Current price of share

€ 5.00

Dividend per share ?

Yield ?

Earnings per share (EPS) ?

Price/ Earnings (P/E) ratio ?

 

Company Q

  Earnings

€ 6000000

Retained earnings

€ 5000000

Distributed earnings

€ 1000000

Number of shares

5000000

Current price of share

€ 6.00

Dividend per share

Yield ?

Earnings per share (EPS) ?

Price/ Earnings (P/E) ratio ?


liquid asset $6,80,000, Inventories $1,90,000 , prepaid expenses $10,000, working assets $2,00,000. calculate the current ratio and quick ratio


What is the difference between Interest Accrued and Interest Expense?


Can you give me a simple definition and example to understand this concept? Thank you.


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