Refer to the Exhibit.The following information relates to a business at its year end:The prime cost of goods manufactured during the year is:
Answer(s): C
The balance on LMN's cash account at 31 December 20X6 is $108,000 (debit) On performing the monthly bank reconciliation the following is discovered.· a payment of $2,000 made to a supplier has not yet appeared on the bank statement,· an automated receipt from a customer for $5,000 has not yet been recorded in the cash book, and· a pigment to a supplier of $1,500 was incorrectly recorded in the cash book as $1,050The balance showing on the bank statement at 31 December 20X6 is
Answer(s): A
Refer to the Exhibit.On 1 May year 1 a company pays insurance of $1,800 for the period to 30 April year 2What is the charge to the income statement and the entry in the statement of financialposition for year 1 ended 30 November?
Which one of the following statements best describes the usefulness of the income statement account of a company:
A company that is VAT-registered has sales for the period of $245,000 (excluding VAT) and purchases for the period of $123,375 (including VAT). The opening balance on the VAT account was $18,000 credit. The VAT rate is 17.5%.What will be the closing balance on the VAT account at the end of the period?
Answer(s): B
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question #50 and question #81 are exactly the same questions, azure site recovery provides________for virtual machines. the first says that it is fault tolerance is the answer and second says disater recovery. from my research, it says it should be disaster recovery. can anybody explain to me why? thank you
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