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3 years ago

NAME ONE ORGANIZATION THAT CAN HELP A NEW ENTREPRENEUR WITH FUNDING AND SKILL DEVELOPMENT SOUTH AFRICA

1 answer:

6 0

NYDA - National Youth Development Agency is an organization that aims to help the youth develop skills and be eligible for employment.

NYDA has a grant program that aims to assist young entrepreneurs in starting up their businesses and making these businesses grow.

NYDA has grants available for youths seeking funding for their business like (but not limited to) cleaning companies, recycling companies, car washes, vendors, and many small scale businesses.

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On December 1, 20X4, Line Corp. received a donation of 2,000 shares of its $5 par value common stock from a stockholder. On that

Brrunno [24]

Answer:

Explanation:

The shares that are donated is treated as the treasury shares. The treasury stock and the gain or the revneue account rise the stock market value. If there is an increase in the treasury stock so it reduced the stockholder equity but on the other hand the gain or revenue increase the owner equity

So overall there is no net effect

hence, the amount should be $0

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2 years ago

On January 15, the end of the first biweekly pay period of the year, North Company's payroll register showed that its employees

Nostrana [21]

Answer:

Jan 15

Dr Salaries expense 30,000

Cr FICA - Social sec taxes payable 1,860

Cr FICA - medicare taxes payable 435

Cr Employee medical insurance payable 484

Cr Employee union dues payable 260

Cr Salaries payable 23,961

Cr Federal income taxes payable 3,000

Explanation:

General journal debit credit

Jan 15

Dr Salaries expense 30,000

Cr FICA - Social sec taxes payable (30,000*6.2%) 1,860

Cr FICA - medicare taxes payable

(30,000*1.45%) 435

Cr Employee medical insurance payable 484

Cr Employee union dues payable 260

Cr Salaries payable 23,961

Cr Federal income taxes payable 3,000

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2 years ago

Shellhammer Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September

Pie

Answer:

Shellhammer Company

Ending inventory = $712

Cost of goods sold = $2,492

Explanation:

a) Data and Calculations:

Date Item Units Unit Cost Total Cost

September 1 Inventory 100 $3.34 $334.00

September 8 Purchases 450 3.50 1,575.00

September 18 Purchases 350 3.70 1,295.00

September 30 Total 900 $3,204.00

Ending inventory 200

Cost of goods sold 700

Weighted Average cost = Total cost of goods available for sale/Total units available for sale

= $3,204/900 = $3.56

Value of Ending Inventory = $3.56 * 200 = $712

Value of Cost of goods sold = $3.56 * 700 = $2,492

b) The weighted average inventory costing, under the period inventory system, used by Shellhammer is an assumption that the costs attributable to ending inventory and cost of goods sold are determined from the average cost per unit and that these the average cost is ascertained at the end of the period. Therefore, the cost of beginning inventory and purchases are accumulated and divided by the units of goods available for sale.

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AnnyKZ [126]

Answer:

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Explanation:

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A tax form asks people to identify their annual income, number of dependents, and social security number. For each of these thre

svlad2 [7]

Answer:

The three would be used in Tax Computation

Explanation: continuous

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