How does an allowance for profit in the manufacturing account affect the cash position of the entity?
Question:
How does an allowance for profit in the manufacturing account affect the cash position of the entity?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
An allowance for profit in the manufacturing account affects the cash ...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Non-Accounting Students
ISBN: 9781292128979
9th Edition
Authors: John R. Dyson, Ellie Franklin
Question Posted:
Students also viewed these Business questions
-
Construct an influence diagram for profit in the single-period purchase decision (News vendor Model Note) discussed in this chapter. Use Excel?s Formula Auditing capability to demonstrate the...
-
How does an entity account for uncertain tax positions? Explain.
-
How does a debit to an expense account ultimately affect retained earnings? Stockholders equity?
-
Micah Bartlett Company purchased equipment on January 1, 2013, at a total invoice cost of $400,000. The equipment has an estimated salvage value of $10,000 and an estimated useful life of 5 years....
-
The volumes (in fluid ounces) of the contents of 15 randomly selected bottles of cough syrup are listed. Use a 90% level of confidence. Assume the sample is from a normally distributed population and...
-
A firm researching a very unfamiliar but potentially very profitable market might be best to do what?
-
Washington Tennis & Education Foundation, Inc. (WTEF) is a nonprofit organization operating in the District of Columbia that provides athletic and academic programs for children from low-income...
-
Stoll Co. s long- term available- for- sale portfolio at December 31, 2012, consists of the following. Stoll enters into the following long-term investment transactions during year 2013. Jan. 29 Sold...
-
Part E Constants A rigid, uniform, horizontal bar of mass m and length is supported by two identical massless strings. (Figure 1)Both strings are vertical. String A is attached at a distance d < L/2...
-
A severe tornado recently touched down in Bryce County, Kansas. Government policy calls for emergency support if the average damage done to the population of all farms in the county exceeds $ 20,000....
-
To which account is the market value of goods produced transferred?
-
What could be the implications for a business or a government department if more junior members of staff are reluctant to challenge the decisions of their superiors for fear of risking their career...
-
Propose structures for compounds that fit the following 1H NMR data: (a) C5H10O 0.95 (6 H, doublet, J = 7 Hz) 2.10 (3 H, singlet) 2.43 (1 H, multiplet) (b) C3H5Br 2.32 (3 H, singlet) 5.35 (1 H,...
-
Why working over 40 hours a week is not considered overtime under flex time options?
-
Take notes and record basic information on each of the following for each facility, prod and service selected: General information Promotional material from the suppliers of the facilities, products...
-
How much is an estimator looking at while preparing an assemblies estimate for the HVAC on a two-story office building of 20,000 sq. ft size? Based on the occupancy and industry standards for the...
-
Annual revenues are currently 12.65 million and are projected to grow at 25% per annum. Assuming cost of goods sold and selling, general and administrative expenses are 49.8% and 12.2% of sales...
-
What was the impact of the 2018 Tax Cuts (which occurred during an economic expansion) on the federal budget deficit? The tax cuts of 2018 did not affect the budget deficit. The tax cuts of 2018 led...
-
The two points for the international income distributions reported in Table 7-1 can be used to make a rough calculation of the Gini coefficient. Use a spreadsheet to estimate the Gini coefficient for...
-
Determine two different Hamilton circuits in each of the following graphs. A B F G
-
Contrast organizational culture and job satisfaction.
-
Identify the functional and dysfunctional effects of organizational culture on employees.
-
List the factors that maintain an organization's culture.
-
Draw the voltage-current characteristics curves of tunnel diode and hence describe its operation
-
Wilma's Widgets had net sales of $11,948,400 in 2020. The cost of goods sold was $3,573,300, operating expenses (excluding depreciation) were $312,480, interest expenses were $314,590, depreciation...
-
buyer purchased a home with a closing date of June 16. The taxes were paid for the year on Jan 1. If the taxes for the year are $3,000 and the prorations are based on a 360 day year, for how much...
Study smarter with the SolutionInn App