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Merchandise Inventory DR
Expsense and Revenue Summary CR

AS I THINK.. THIS SHOULD BE YOUR ENTRY !

http://img403.imageshack.us/img403/784/yapreadyisriteandyoucanfu6.jpg

Why u deleted my post??

Now I understand what do you want to say.

Question is asking about BFGI Jan 1. ( the whole confusion you were getting is for YEAR ! )

- Lets suppose if the year is 1998. Now read the above...

Larrybrich.!

What you want to say ?

I still can't get your point.

- I just mentioned what erick had asked.

Do.. comment.

Thanks .

Very thanks for your reply vingogly.

I think this can help but still I can't get the perfect riposte. I will be very thankful if you can mention some great Certificate Programs. I mean to those...

My Brother.

I think we both hav'e same ideology. My age is 21 and I had only learnt WEB DESIGNING and doing my Bachelors in Commerce (Part II). At this moment I'm currently employed in a pvt. Ltd....

Sorry for being delay but... I still confused about your above question.

If you are a beginer than please do search out on Google the basic cost accounts notes.

THIS FORUM IS FOR YOUR HOMEWORK...

Ya exactly you have to ADD in FACTORY OVERHEAD.

- Plant overhead is allocated to FACTORY OVERHEAD and will take it in COST OF GOODS MANUFACTURED.

- Machinery or Equipment overhead will...

Yes you are right WICHONG

brucegmc : Please note below for your information and perusal.

Cost of goods manufactured includes WORK IN PROCESS (ending or opening)


Cost of goods sold includes...

Ya. Thanks.

I follow those steps and fortunately SUCCEED


Thanks for your help!! THANKS

Our pleasure.

Can any one please provide me the HOTMAIL SETTING for Mozilla Thunderbird .


Thank you very much in advance.!!

Thanks for your prompt reply.

I have one more query about HOTMAIL .

I'm unable to rcvd and send hotmail mails via any emailing software. is there any other settings or plug-in to install for...

Hello and Salam.

This is my 1st Post (Question) @ Askmehelpdesk.com.

I want an emailing software which can send and receives both like OUTLOOK EXPRESS and have HTML format ability; the...

Ya brother.

Your abv answer is right!

Unearned Rent (DR) - 1200
Rent Income (CR) - 1200

Cost of goods sold is : 9,700,000

The inventory given in question is for our information purpose. Its not our Opening or Ending inventory.. Please verify your answer by below image uploaded by me...

Depreciation expense (DEBIT)
Allowance for Depreciation (CREDIT).

If Trial Balance shows Allowance for Dep. (CR) balance than less with Adjustment amount.

If Trial Balance shows Allownace for...

The answer is "B" 21000

I thnk..

Notes expense (DR) 6000
Notes payable (CR) 6000

You.. Its a..

Pension expense (DEBIT) -- 250.00
Pension payable (CREDIT) -- 250.00

i think your question is incomplete.!

clarify these invertory. which one is finished goods ending or opening or which one is work in proces..

by knowing this info can only solve the problem...

Thts a simple question.

Answer is:

B) $50,000

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Please download linked file to see your required answer with perfect solution.
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A easy rule to learn Credit - Debit (entry)

WHAT COMES ON - DEBIT
WHAT GOES ON - CREDIT.

Example..- You bought a car for Rs. 180,000.00

simple. what comes to you i.e. CAR make it debit and...

Is this your homework ?

Can you please write down the question here for our perusal...

follow these two formulae to find F.O.H rate.. Its easy.

F.O.H rate = F.O.H applied (assumption) x 100 Basis

F. O.H rate = F.O.H applied (assumption) ...

Calculate all expenses related to FACTORY items such as RENT EXPENSE, ELECTRICITY EXPENSE... and exempt ADMIN, SELLING, CARTAGE expenses (they all will goes in INCOME STATEMENT below operating...

Ya Absoulatory. You are right. Advertising is not an overhead.

Answer must be 22,495

Yes !

Amortization usually refers to spreading an intangible asset's cost over that asset's useful life. For example, a patent on a piece of medical equipment usually has a life of 17 years. The cost...