Determine the Amount of Goodwill or Bargain Purchase.

What is the Journal Entry in the book of Large Corporation Advanced Financial Accounting Assume Large Corporation Invested $ 600,000 for Small Corporation and the estimated Fair Market Values of Assets, Liabilities and Equity Accounts are as follows: Assets Amount $ Liabilities Amount $ Account Receivable Inventory LT Marketable Securities PP & E 125,000 50,000 … Read more

How many units the company will be required to sell to reach a target pretax profit of SAR 200,000?

Compute the EUP for DM and CC using FIFO and WA methods. ACCT-301: Cost Accounting Assignment Question(s): (Marks 15) Q1. Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What relevant role do these cash flows provide in management decision Note: Your answer must include suitable examples of relevant and irrelevant cash … Read more

Show the detailed calculations arriving at each of the following accounts at December 31, 2022

Selected accounts from the parent, subsidiary and consolidated financial statements for the year ended December 31, 2022 can be found in the accompanying Excel file. PROBLEM 1: Parsley Parent acquired 100% of Sage Subsidiary on January 1, 2018. The purchase price was $370,000 in excess of Sage’s book value of Stockholders Equity on the acquisition … Read more

What are the various methods of estimating cost functions? Explain each method with suitable numerical examples.

The margin of safety in units if the company’s estimated next year budgeted sales are 1,500 units. Q1 Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What relevant role do these cash flows provide in management decision-making? Provide a suitable example in context to an organization to support your answer. Note: … Read more

What motives do people have for hacking-Why has hacking become so popular in recent years-Do you regard it as a crime?  Explain your position.

Give examples of Saudi companies that using ERP and what are the advantages of implementing the ERP Accounting Information Systems Assignment Question(s):   (Marks 15) Question 1:   (04 Marks) Explain what an AIS is, describe the basic tasks it performs in an organization using examples of Saudi Companies.   Question 2: (03 Marks) Give … Read more

Explain how the following costs would help you as cost manager to make decision. (

What is the company’s degree of operating leverage Managerial Accounting Assignment Question(s):  (Marks 15) Q1. Assume yourself to be a cost manager of ARAMCO and you are in the task of Cost Classifications. Explain how the following costs would help you as cost manager to make decision. (2 Marks) Product Vs Period Cost Prime Vs … Read more

How can auditors effectively plan an audit in a dynamic and uncertain environment?

How do the answers provide value to stakeholders? Assignment Question(s):   (Marks 15) Q1. What is the difference between audit, attestation, and assurance services? And how do the answers provide value to stakeholders? Q2. How can auditors effectively plan an audit in a dynamic and uncertain environment? Provide an example to describe your answer. Q3. … Read more

Explain the advantages the company will get as a result of using this SAP module.

Explain the different transactions you can perform under this module ( with examples ) Poster1 The poster should include the following: Introduce and explain SAP: Briefly explain the system factually with appropriate definitions and explanations. Transactions: Explain the different transactions you can perform under this module ( with examples ) Advantages: Explain the advantages the … Read more

Determine the Amount of Goodwill or Bargain Purchase.

Consolidated financial statements present the financial position and results of operations for controlling entity and one or more controlled entities. Assume Large Corporation Invested $ 600,000 for Small Corporation and the estimated Fair Market Values of Assets, Liabilities and Equity Accounts are as follows:           Assets Amount $ Liabilities Amount $ … Read more

Give examples of Saudi companies that using ERP and what are the advantages of implementing the ERP?

Identify Theft problem of your business organization Accounting Information Systems Assignment Question(s): (Marks 15) Question 1: (04 Marks) Explain what an AIS is, describe the basic tasks it performs in an organization using examples of Saudi Companies. Question 2:   (03 Marks) Give examples of Saudi companies that using ERP and what are the advantages … Read more