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please geive me correct answer Submit Question 7 View Policies Show Attempt History Current Attempt in Progress Pre...
Question 7 0.5/1 View Policies Show Attempt History Current Attempt in Progress Presented below is information...
Question 7 0.5/1 View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Waterway Company. Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $ 76,400 100 December 31, 2018 231,240 205 December 31, 2019 225,576 234 December 31, 2020 254,762 254 December 31, 2021 305,487 273 December 31, 2022 363,089 283 Compute the ending inventory for Waterway Company for 2017 through 2022 using the dollar-value LIFO method. Ending Inventory Compute the ending inventory...
Question 7 View Policies Show Attempt History Current Attempt in Progress Presented below is information related...
Question 7 View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Oriole Company. Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $81,300 100 December 31, 2018 237,090 210 December 31, 2019 234,720 240 December 31, 2020 264,680 260 December 31, 2021 318,920 280 December 31, 2022 381,640 290 Compute the ending inventory for Oriole Company for 2017 through 2022 using the dollar-value LIFO method. Ending Inventory 2017 $ 2018 जी 00 ....
Submitted Question 7 View Policies Current Attempt in Progress Presented below is information related to Blue...
Submitted Question 7 View Policies Current Attempt in Progress Presented below is information related to Blue Company Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $77,200 December 31, 2018 249,951 221 December 31, 2019 248,472 December 31, 2020 280,098 December 31, 2021 336,630 December 31, 2022 401.685 Compute the ending inventory for Blue Company for 2017 through 2022 using the dollar value LIFO method. Ending Inventory 2017 2018 2019 2020 2021 2022 $ eTextbook and Media Submitted to...
Question 7 of 9 < > 0/13 View Policies Show Attempt History Current Attempt in Progress...
Question 7 of 9 < > 0/13 View Policies Show Attempt History Current Attempt in Progress Kingbird Industries has the following patents on its December 31, 2019, balance sheet. Patent Item Initial Cost Date Acquired Useful Life at Date Acquired Patent A $45,288 3/1/16 17 years Patent B $17,640 7/1/17 10 years Patent C $24.960 9/1/18 4 years The following events occurred during the year ended December 31, 2020. 1. Research and development costs of $252,000 were incurred during the...
Question 1 of 4 < > 0/5 View Policies Show Attempt History Current Attempt in Progress...
Question 1 of 4 < > 0/5 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Coronado Company uses IFRS and owns property, plant and equipment with a historical cost of 5310000 euros. At December 31, 2019, the company reported a valuation reserve of 8620000 euros. At December 31, 2020, the property, plant and equipment was appraised at 5550000 euros. The property, plant and equipment will be reported on the December 31, 2020 statement of...
Question 10 --/1 View Policies Current Attempt in Progress The dollar-value LIFO method was adopted by...
Question 10 --/1 View Policies Current Attempt in Progress The dollar-value LIFO method was adopted by Coronado Corp. on January 1, 2020. Its inventory on that date was $279,100. On December 31, 2020, the inventory at prices existing on that date amounted to $257,600. The price level at January 1, 2020, was 100, and the price level at December 31, 2020, was 112. Compute the amount of the inventory at December 31, 2020, under the dollar-value LIFO method. Inventory 12/31/20...
Question 1 View Policies Current Attempt in Progress Oriole Company had ending Inventory at end-of-year prices...
Question 1 View Policies Current Attempt in Progress Oriole Company had ending Inventory at end-of-year prices of $122.000 at December 31, 2019, $146,278 at December 31, 2020, and $164,100 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21. Compute the ending inventory for Oriole Company for 2019 through 2021 using the dollar-value LIFO method. 2021 2020 2019 Ending Inventory $
View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Using these...
View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Using these data from the comparative balance sheet of Carla Vista Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) Increase or (Decrease) Amount Percentage Dec. 31, 2022 Dec. 31, 2021 Accounts receivable $ 417,600 $360,000 $ 12.95 % Inventory $732,000 $ 610,000 $ 21.94...
Question 1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect....
Question 1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. On January 1, 2017, Sandhill Co., a calendar-year company, issued $2320000 of notes payable, of which $580000 is due on January 1 for each of the next four years. The proper balance shee presentation on December 31, 2017, is: Current liabilities, $2320000. Long-term debt, $2320000. Current liabilities, $580000; Long-term Debt, $1160000. Current liabilities, $580000; Long-term Debt, $1740000. e Textbook and Media Attempts: 2 of...
Question 7 of 7 7 0.5/ 13 View Policies Show Attempt History Current Attempt in Progress...
Question 7 of 7 7 0.5/ 13 View Policies Show Attempt History Current Attempt in Progress Visage Cosmetics, a public company, acquires 40% of Marin Inc's 26,600 common shares for $17 per share on January 2, 2021. On June 15, Marin pays a cash dividend of $26,600. On December 31, Marin reports profit of $382,800 for the year. At December 31, Marin shares are trading at $22 per share. Your answer is correct. Prepare the required journal entries to record...
Question 7 0.5/1 View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Waterway Company. Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $ 76,400 100 December 31, 2018 231,240 205 December 31, 2019 225,576 234 December 31, 2020 254,762 254 December 31, 2021 305,487 273 December 31, 2022 363,089 283 Compute the ending inventory for Waterway Company for 2017 through 2022 using the dollar-value LIFO method. Ending Inventory Compute the ending inventory...
Question 7 View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Oriole Company. Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $81,300 100 December 31, 2018 237,090 210 December 31, 2019 234,720 240 December 31, 2020 264,680 260 December 31, 2021 318,920 280 December 31, 2022 381,640 290 Compute the ending inventory for Oriole Company for 2017 through 2022 using the dollar-value LIFO method. Ending Inventory 2017 $ 2018 जी 00 ....
Submitted Question 7 View Policies Current Attempt in Progress Presented below is information related to Blue Company Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $77,200 December 31, 2018 249,951 221 December 31, 2019 248,472 December 31, 2020 280,098 December 31, 2021 336,630 December 31, 2022 401.685 Compute the ending inventory for Blue Company for 2017 through 2022 using the dollar value LIFO method. Ending Inventory 2017 2018 2019 2020 2021 2022 $ eTextbook and Media Submitted to...
Question 7 of 9 < > 0/13 View Policies Show Attempt History Current Attempt in Progress Kingbird Industries has the following patents on its December 31, 2019, balance sheet. Patent Item Initial Cost Date Acquired Useful Life at Date Acquired Patent A $45,288 3/1/16 17 years Patent B $17,640 7/1/17 10 years Patent C $24.960 9/1/18 4 years The following events occurred during the year ended December 31, 2020. 1. Research and development costs of $252,000 were incurred during the...
Question 1 of 4 < > 0/5 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Coronado Company uses IFRS and owns property, plant and equipment with a historical cost of 5310000 euros. At December 31, 2019, the company reported a valuation reserve of 8620000 euros. At December 31, 2020, the property, plant and equipment was appraised at 5550000 euros. The property, plant and equipment will be reported on the December 31, 2020 statement of...
Question 10 --/1 View Policies Current Attempt in Progress The dollar-value LIFO method was adopted by Coronado Corp. on January 1, 2020. Its inventory on that date was $279,100. On December 31, 2020, the inventory at prices existing on that date amounted to $257,600. The price level at January 1, 2020, was 100, and the price level at December 31, 2020, was 112. Compute the amount of the inventory at December 31, 2020, under the dollar-value LIFO method. Inventory 12/31/20...
Question 1 View Policies Current Attempt in Progress Oriole Company had ending Inventory at end-of-year prices of $122.000 at December 31, 2019, $146,278 at December 31, 2020, and $164,100 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21. Compute the ending inventory for Oriole Company for 2019 through 2021 using the dollar-value LIFO method. 2021 2020 2019 Ending Inventory $
View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Using these data from the comparative balance sheet of Carla Vista Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) Increase or (Decrease) Amount Percentage Dec. 31, 2022 Dec. 31, 2021 Accounts receivable $ 417,600 $360,000 $ 12.95 % Inventory $732,000 $ 610,000 $ 21.94...
Question 1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. On January 1, 2017, Sandhill Co., a calendar-year company, issued $2320000 of notes payable, of which $580000 is due on January 1 for each of the next four years. The proper balance shee presentation on December 31, 2017, is: Current liabilities, $2320000. Long-term debt, $2320000. Current liabilities, $580000; Long-term Debt, $1160000. Current liabilities, $580000; Long-term Debt, $1740000. e Textbook and Media Attempts: 2 of...
Question 7 of 7 7 0.5/ 13 View Policies Show Attempt History Current Attempt in Progress Visage Cosmetics, a public company, acquires 40% of Marin Inc's 26,600 common shares for $17 per share on January 2, 2021. On June 15, Marin pays a cash dividend of $26,600. On December 31, Marin reports profit of $382,800 for the year. At December 31, Marin shares are trading at $22 per share. Your answer is correct. Prepare the required journal entries to record...
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