Nbridge IGCSE and 7 Melissa's financial year ends on 30 November.
On 30 November 20-5 Melissa's ledger accounts included the following:
$
Sales for the year
74 300
Rates, including a prepayment of $40
1080
Inventory 1 December 20-4
4650
On 30 November 20-5:
1 Melissa discovered that no entry had been made to record the purchase of equipment,
$5200, on credit from SQ Limited.
2 $56 owing by Roddy, a credit customer, should be written off as irrecoverable.
3 Inventory was valued at $5110.
4 Equipment should be depreciated by $790.
Prepare journal entries to record the above transactions, including transfers to the income
statement. Narratives are required.
8 Sabeena is a trader. Her financial year ends on 31 January.

Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.

Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.