Accounting Answers

in two sentence, state the ways in which capital expenditures are treated in accounts and why

Build the projected revenue budget for the six months ending in December.

Apollo cash receipts
1.5.20xx – 30.9.20xx
May June July Aug. Sept. Oct. Nov. Dec.
3,000 5,000 7,000 5,000 5,000 4,500 3,000 3,000

Note:
Cash receipts are shown. Credit revenues are twice that of cash each month. Credits sales were $3,000 in March and $5,000 in April. Credit terms are 50% by end of the month; 35% by end of the next month balance by end of third month.
May June July Aug Sept Oct Nov Dec
Cash 3,000 5,000 7,000 5,000 5,000 4,500 3,000 3,000
Total Credit 6,000 10,000 14,000 10,000 10,000 9,000 6,000 6,000
Cr rcvd. 90 days
Cr rcvd. 60 days
Cr rcvd. 30 days
Total $

Differentiate between Sole Proprietorship, Partnership and Incorporated Organisation using three sentences.

What is the difference between Prudence concept and Matching concept? Using two sentences.

In two sentences, state the ways in which capital expenditures are treated in accounts and why.

exploring business analytics and enterprise system on managerial accounting

tomatoes has a price demand the total revenue of tomato firms will

The accounting period of Meander Enterprises ends on the last day of February each year. On the 28 February 2017, the total of the rent expense account was 41 100. Rent was paid up to 31 March 2017. Note: Rent expense increased by 10% with effect from 1 September 2016. Which will be the correct journal entry to adjust the rent expense account on 28 February 2018?

What are the likely cost implications for a business which expands rapidly? Discuss in 120–150 words

Discuss the way that saving is taxed under an income tax and consuption tax.which is more efficint ? why?which is more equitable ?why?