Acct 130 Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Acct 130? On this page you'll find 43 study documents about Acct 130.
All 43 results
Sort by
-
University of Louisiana, Lafayette - ACCT 526 Final Exam.
- Exam (elaborations) • 14 pages • 2023
-
- $11.49
- 3x sold
- + learn more
University of Louisiana, Lafayette - 
ACCT 526 Final Exam. 100% TRUSTED Answers, guidelines, workings and references.Units to Earn Target Income: Head-First Company plans to sell 4,400 bicycle helmets at $70 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, 
variable factory overhead, and variable selling expense). Total fixed cost equals $50,300 (includes fixed factory overhead and fixed selling and administrative expense). 1. Calculate 
the number of ...
-
University of Louisiana, Lafayette - ACCT 526 Final Exam.
- Exam (elaborations) • 14 pages • 2023
-
- $11.99
- + learn more
University of Louisiana, Lafayette - 
ACCT 526 Final Exam.Detailed working, solutions, memo, notes & explanations.Units to Earn Target Income: Head-First Company plans to sell 4,400 bicycle helmets at $70 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, 
variable factory overhead, and variable selling expense). Total fixed cost equals $50,300 (includes fixed factory overhead and fixed selling and administrative expense). 1. Calculate 
the number of hel...
-
CFA level 1 Questions and Answers with complete solution
- Exam (elaborations) • 10 pages • 2023
- Available in package deal
-
- $8.49
- + learn more
faithful representation, substance over form, prudence, neutrality, completeness - According to 
the IFRS what are the 5 qualities of financial information that improve reliability 
Costs can be reliably measured - According to IFRS what condition must be met for revenue 
recognition to occur? 
Current ratio will decrease. 
Accruing wages increases both current liabilities and expenses, but collecting receivables has no effect 
on current assets or sales therefore the current ratio and net incom...
-
Test Bank For College Accounting A Career Approach 12e Cathy J Scott
- Exam (elaborations) • 409 pages • 2023
-
- $31.95
- + learn more
Chapter 03 
1. Which of the following is/are not true about a proper journal entry? 
a. An explanation is needed immediately after each debit and immediately after each 
credit. 
b. All credits are indented. 
c. A debit is never indented, even if a liability or owner's equity account is involved. 
d. All debits are listed before the first credit. 
e. In a compound entry, the largest amounts are listed first. 
ANSWER: 
POINTS: 
DIFFICULTY: 
LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARD...
-
CFA level 1 Exam Questions with Correct Answers
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
CFA level 1 Exam Questions with Correct Answers 
 
Payables turnover = COGS/avg payables = 1969/(361+346)/2 = 5.57 
Days in payables = 365/payables turnover = 65.6 
CCC = DOH +DSO - Days in Pay = 49.4+39.4-65.6=23.2 - Answer-find the cash conversion cycle 
 
sales 
COGS 
Interest 123 110 
 
Cash 108 105 
receivables 318 286 
inventories 248 285 
 
Payables 361 346 
notes payable 50 99 
 
the deferred tax liability equals the difference between the value for accounting and tax purposes times t...
-
ACCT 101B FINAL REVIEW – KEY| VERIFIED SOLUTION
- Exam (elaborations) • 15 pages • 2023
-
- $15.00
- + learn more
ACCT 101B FINAL REVIEW – KEY 
ACCT 101B FINAL REVIEW – KEY 
 
 
 
ACCT 101B FINAL REVIEW – KEY 
CH. 17 
 
An example of a cost which would not be assigned to an overhead cost pool is 
b.	freight-out. 
 
A variable cost is a cost that 
c.	varies in total in proportion to changes in the level of activity. 
 
A cost which remains constant per unit at various levels of activity is a 
a.	variable cost. 
 
A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The...
-
CFA level 1 Exam 48 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 10 pages • 2023
-
- $9.99
- + learn more
CFA level 1 Exam 48 Questions with Verified Answers 
 
 
faithful representation, substance over form, prudence, neutrality, completeness - CORRECT ANSWER According to the IFRS what are the 5 qualities of financial information that improve reliability 
 
Costs can be reliably measured - CORRECT ANSWER According to IFRS what condition must be met for revenue recognition to occur? 
 
Current ratio will decrease. 
Accruing wages increases both current liabilities and expenses, but collecting recei...
-
ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A (2022-2023).
- Exam (elaborations) • 57 pages • 2022
-
- $17.49
- + learn more
ACCT 1080 EXAM 3 (ACCT1080) 
 
 
Key Terms & Definitions: 
•	Direct Write-off Method and Allowance Method. Which does GAAP require? 
•	Cash Ratio. What does a higher number indicate? 
•	Maturity Value of a Note is.. 
•	Acid Test Ratio 
•	Days Sales in Receivables 
•	A/R Turnover Ratio 
 
SAMPLE PROBLEMS: 
Chapter 7	Accounting Information Systems 
 
Learning Objective 7-1 
 
An accounting information system (AIS) collects, records, stores, and processes accounting data to produce info...
-
ACCT 1080 EXAM 3 ACCT1080 VERIFIED Q & A (2022-2023)
- Exam (elaborations) • 57 pages • 2022
-
- $18.49
- + learn more
ACCT 1080 EXAM 3 ACCT1080 
VERIFIED 
Q & A 
2022-2023 
 
 
 
 
ACCT 1080 EXAM 3 (ACCT1080) 
 
 
Key Terms & Definitions: 
•	Direct Write-off Method and Allowance Method. Which does GAAP require? 
•	Cash Ratio. What does a higher number indicate? 
•	Maturity Value of a Note is.. 
•	Acid Test Ratio 
•	Days Sales in Receivables 
•	A/R Turnover Ratio 
 
SAMPLE PROBLEMS: 
Chapter 7	Accounting Information Systems 
 
Learning Objective 7-1 
 
An accounting information system (AIS) collect...
-
CFA level 1 Study Guide .
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $12.99
- + learn more
faithful representation, substance over form, prudence, neutrality, completeness - correct answer According to the IFRS what are the 5 qualities of financial information that improve reliability 
 
Costs can be reliably measured - correct answer According to IFRS what condition must be met for revenue recognition to occur? 
 
Current ratio will decrease. 
Accruing wages increases both current liabilities and expenses, but collecting receivables has no effect on current assets or sales therefore...