P purchases a 50000

17 Haz 2021 ... Any purchase of real or personal property with SLFRF funds must be consistent with the Uniform Guidance at 2 CFR Part 200, Subpart D, unless ...

Mr X purchased goods Rs.1,50,000 from outside the State on 1st May 2021; He sold Rs.1,50,000 locally on 4th May 2021; He sold Rs.1,00,000 outside the state on 12th May 2021; He paid telephone bill of April 2021 amounting to Rs.5,000 on 14th May 2021; He purchased an air cooler for his office for Rs.12,000 (locally) on 25th May 2021By P & L A/c : Loss. (b.f.). 1,150. 19,000. 19,000. Illustration 10. A machinery is sold ... purchased from Delhi Motors 3 Tempos costing ` 50,000 each on the ...Bank Overdraft 8,000 Land & Buildings 50,000 Opening Stock 20,000 Debtors 18,400 Purchases 80,000 Creditors 8,500 Purchases Returns 2,000 Bills Receivable 2,850 Sales 1,30,000 Bills Payable 1,650 Sales Returns 5,000 Capital 60,000 Travelling Expenses 1,800 Drawings 6,000 Discount Allowed 600 Rent 3,700 A 50.000 Mark German banknote issued in 1922 is not particularly valuable as a collectible, and it has no face value as an obsolete form of currency. The period in 1922 saw the rise of inflation and hyperinflation in Germany as it struggled...L/H Chapter 3. 4.6 (11 reviews) Get a hint. Y purchased $100,000 worth of permanent protection on himself and $50,000 worth of 10-year Term coverage for his wife on the same policy. Which of these policies did Y purchase?1 Started business with cash ₹ 50,000, Bank ₹ 1,00,000, Goods worth ₹ 50,000. 5 Purchased goods from Mohan on credit ₹ 80,000 at 10% Trade Discount. 9 Sold goods to Urmila ₹ 30,000 at 5% Trade Discount. 12 Paid into Dena Bank ₹ 40,000. 15 Goods worth ₹ 5000 were distributed as a free samples. 22 Paid for Commission ₹ 5,000 to Anand.Solution for owing A/R, beg. P100,000 Iny, beg. P50,000 Purchases P90,000 Purchases Discount P5,000 Collections P200,000 How much is the vatable sales? a.…

July 1 Inventory 20,000 36. 7 Purchases 30,000 37. 12 Sale 36, 21 Purchases 50,000 47. 22 Sale 38, 29 Purchases 16,000 38. 322. If Stephanie Company uses that periodic average cost method to account for inventory, what is the ending inventory on July 31? Unit Unit cost Total costDr. Financial Trading and P & L Account Cr. Particulars Amount (`) Particulars Amount(`) To Materials A/c 50,00,000 By Dividend A/c 1,00,000 To Wages A/c 30,00,000 By Interest on deposit 20,000 To Factory OH A/c 16,00,000 By Sales A/c 1,20,00,000 To Admin. OH A/c 7,00,000 By Closing stock A/c ...(i) D. Mahapatra commenced business with cash of Rs 50,000 and Rs 1,00,000 by cheque; goods Rs 60,000; machinery Rs 1,00,000 and furniture Rs 50,000. (ii) 1/3 rd of above goods sold at a profit of 10% on cost, and half of the payment is received in cash. (iii) Depreciation on machinery provided @10%. (iv) Cash withdrawn for personal use Rs 10,000.2017. Jan. 2: Purchased Typewriter for ₹ 7,500. 4: Sold goods for Cash of the list price of ₹ 25,000 at 20% trade discount and 5% Cash discount. 6(iv) Bank term loan interest actually paid up to 31.03 was Rs. 20,000 and the balance was paid in November 2021. (v) Housing loan principal repaid during the year was Rs. 50,000 and it relates to residential property acquired by him in P. 2019-20 for self-occupation. Interest on housing loan was Rs. 23,000.

Purchases Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount Rs. Rs. 2009 Rohan 50,000 Cash 12,000 62,000 The trial balance under the three methods is illustrated below: (i) Trial Balance as at March 31, 2009 (Using Totals Method) Account L.F. Debit Credit Title Total Total Rs. Rs. Rawat 60,000 Rohan 40,000 60,000 ...Non-state entities are allowed to self-certify in order to use micro-purchase procedures up to $50,000 on an annual basis, provided that certain conditions at 2 C.F.R. § 200.320(a)(1)(iv) are met and the non-state entity must maintain documentation available to FEMA and auditors. The self-certification must include a justification, clear ...Earn 50,000 bonus points worth $750 on travel when you spend $4,500 in the first 90 days of account opening. Earn 5X points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center. Earn 3X points for every $1 spent on eligible travel purchases and 3X points on eligible mobile wallet purchases.Division P Division Q Variable Cost Rs. 100 per unit Rs. 120 per unit Fixed cost each year Rs. 1,20,000 Rs. 90,000 Head Office management decided that a transfer price should be set that provides a profit of Rs. 30,000 to Division P. What should be the transfer price per unit ? (A) Rs.145 (B) Rs. 125 (C) Rs. 120 (D) Rs. 135Apply for the Blue Business Plus Card from American Express and earn 2x Membership Rewards® points on business purchases up to $50K with no category restrictions.Credit Purchases during the year amounted Rs. 2,30,000. Provide a provision for Doubtful Debts to the extent of 10% on Debtors. 8 Answer: 2(a) (i) (I) Stock on 31st march, 2018, will not appear in the Trial balance because it represents a part of the goods purchased but not yet sold. As the total purchases have been

Bean kansas qb.

To, Purchases A/c 50,000 To, Wages A/c 5,000 To, Returns inward A/c 8,000 (Transfer to balances for closing the latter accounts) Sales A/c Dr 1,00,000 Returns outward A/c Dr. 5,000 Closing Stock A/c Dr. 15,000 To, Trading A/c 1,20,000 (Transfer of balances for …Study with Quizlet and memorize flashcards containing terms like If X wants to buy $50,000 worth of permanent protection on his/her spouse and $25,000 worth of 10-year Term coverage on X under the same policy, the applicant should purchase, P is looking to purchase a life insurance policy that will pay a stated monthly income to his beneficiaries for 20 years after he dies and a lump sum of ...(vi) Goodwill is to be valued at 2 years' purchase of last 3 years profits. Profits being for 2018-19 − ₹ 50,000 (Loss); 2017-18 − ₹ 2,50,000 and 2016-17 − ₹ 2,50,000. (vii) C was to carry out the work for reconstituting the firm at a remuneration (including expenses) of …Jun 20, 2023 · Therefore, the amount of its inventory purchases during the period is calculated as: ($350,000 Ending inventory - $500,000 Beginning inventory) + $600,000 Cost of goods sold = $450,000 Inventory purchases. The amount of purchases is less than the cost of goods sold, since there was a net drawdown in inventory levels during the period. Related ...

For purchases between $10,000 - $50,000, copies of the quotes solicited and/or other documentation to justify vendor selection and reasonableness of price must be kept with the procurement record. In addition, a copy of the NYS Contract Reporter quarterly ad covering the procurement must be retained in the procurement record or otherwise ...L/H Chapter 3. 4.6 (11 reviews) Get a hint. Y purchased $100,000 worth of permanent protection on himself and $50,000 worth of 10-year Term coverage for his wife on the same policy. Which of these policies did Y purchase?Now, when the company returns the goods against the purchases made previously, then the cash account or accounts payable account for the cash purchases or credit purchases, respectively, will be debited with a corresponding credit to the goods purchase return journal entry as there is the return of the goods out of the company to the supplier. . Therefore, the …Entire Contract Provision. Study with Quizlet and memorize flashcards containing terms like The accidental death and dismemberment provision in a life insurance policy would pay additional benefits if the insured, P purchases a $50,000 whole life insurance policy in 2005.A. Debit to purchases of P45,510 B. Credit to purchases of P3,900 C. Net debit to purchases of P 41,610 D. Net credit to purchases of P 41,610. 4. The net adjustment to accounts payable is A. P3,900 increase C. P41,610 increase B. P3,900 decrease D. P41,610 decrease 5. Here you can find the meaning of P & Q entered into a joint venture. P purchased 5,000 units of goods at Rs.30 each. Q sold Rs.4,800 units at Rs.50 each. The remaining goods were taken over by Q at a value of Rs.5,000. P is allowed a commission of 2% on purchases and Q is allowed a commission of 1% on sales.Calculate Return on Investment (ROI) from the following details. Net Profit after Tax ₹6,50,000. Rate of Income Tax 50%, 10% Debentures of ₹100 each ₹10,00,000; Fixed Assets at Cost ₹22,50,000, Accumulated Depreciation on Fixed Assets up to date ₹2,50,000. Current Assets ₹12,00,000, Current Liabilities ₹4,00,000.Study with Quizlet and memorize flashcards containing terms like The accidental death and dismemberment provision in a life insurance policy would pay additional benefits if the insured, P purchases a $50,000 whole life insurance policy in 2005. One of the questions on the application asks if P engages in scuba diving, to which P answers "No". The policy is then issued with no scuba exclusions ...P purchases a 50,000 whole life insurance policy in 2005. one of the questions on the application asks if P engages in scuba diving to which P answers "NO". the policy is then issued with no scuba exclusions. in 2010, P takes up scuba diving and dies in a scuba related accident in 2011. what will the insurer pay to Ps beneficarycompared with ₹ 4,50,000 in 2014, and profit in 2015 was ₹ 42,000 higher than that in 2014. (i) At what level of sales does the company break-even? (ii) Determine profit or loss on a forecast sales volume of ₹ 8,00,000 (iii) If there is a reduction in selling price by 10% in …Earn 50,000 bonus points worth $750 on travel when you spend $4,500 in the first 90 days of account opening. Earn 5X points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center. Earn 3X points for every $1 spent on eligible travel purchases and 3X points on eligible mobile wallet purchases.

Deposit of more than Rs. 50,000 (if in cash) per day: 11-Purchase of DD(Demand Drafts or banker’s cheques) from a Bank: Payment in cash for an amount more than Rs. 50,000 per day: 12-Time deposit with a Bank, Post Office, Nidhi companies, NBFCs: Amount of more than Rs. 50,000 per day or more than Rs. 5,00,000 during a …

Debit (P) Credit (P) May 3: Cash 500,000 Capital 500,000 (to record investment made) May 5: Purchase 50,000 Account payable 50,000 (to record purchase made on account) May 6: Account receivable 32,000 Sales revenue 32,000 (to record sales revenue) May 9: Office supplies: 3,000 Cash 3,000 (to record the purchase of office supplies)The payment for these purchases may be postponed for the period of credit allowed by suppliers. So, the suppliers of the firm in fact provide working capital to the firm for the credit period. For example, a firm makes credit purchases of Rs. 60,000 per month and the credit allowed by the suppliers is two month, then the working capital ...Mar 31, 2017 · 4. Operating profit earned by M/s Arora & Sachdeva in 2016-17 was ₹ 17,00,000. Its non-operating incomes were ₹ 1,50,000 and non-operating expenses were ₹ 3,75,000. Calculate the amount of net profit earned by the firm. Master Direction - Liberalised Remittance Scheme (LRS) A. Liberalised Remittance Scheme (LRS) of USD 2,50,000 for resident individuals. 1. Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account …Debit: Van – $50,000.00; Credit: Cash – $50,000.00; But this is not all. Vehicles, such as vans, are assets that will be used to produce money for the business over time. The accounting rules require us to record the cost to purchase the van over its useful life. This matches the cost to purchase the van to the income associated with the ...A PROBLEM 12-16 Purchase Commitment Gain on purchase commitment [50,000 x (55 - 40)] = P750,000 (A) To record the actual purchase on March 31, 2016: Purchases (50,000 x 55) 2,750,000 Estimated liability for purchase commitment 750,000 Accounts payable/Cash 2,750,000 Gain on purchase commitment 750,000 The gain to be recognized is limited to the ...We would like to show you a description here but the site won't allow us.P purchases a $50,000 term life insurance policy in 2005. One of the questions on the application ask if P engages in scuba diving, to which P answers "No". The policy is then issued with no scuba exclusions. In 2010, P takes up scuba diving and dies in a scuba-related accident in 2011. What will the insurer pay to P's beneficiary?

Kansas middle school track records.

Oklahoma state womens basketball coach.

Purchases 1,900, Cash (50,000 x P38) 1,900, Futures contract payable 600, Cash 600, Loss on futures contract 600, Unrealized loss – futures contract 600, Futures price Market price Type of contract Quantity 1/1/2010 12/31/ Purchase sugar 20,000 60 75 Purchase milk 50,000 100 91 Sell ice cream 30,000 220 195.24 Şub 2023 ... Employer purchased Group Term Life Insurance coverage of $50,000 for each employee. The premium is $2 per employee per $1,000 sum assured ...P purchases a $50,000 whole life insurance policy in 2005. One of the questions on the application asks if P engages in scuba diving, to which P answers "No". The policy is then issued with no scuba exclusions. In 2010, P takes up scuba diving and dies in a scuba-related accident in 2011.Cost of Goods Sold = Opening Stock + Purchases- Closing Stock Now putting the values in this formula, we get 75,000 = 20,000 + 70,000 - Closing Stock Closing Stock = 90,000- 75,000 = 15,000 Q.5 Prepare Trading Account from the transactions given below: ₹ ₹ Opening Stock 23,000 Purchases Return 2,400 Purchases 29,000 Closing Stock 47,700 Business Accounting Russell Retail Group begins the year with inventory of $55000 and ends the year with inventory of $45,000. During the year, the company has four purchases for the following amounts. Purchase on February 17 Purchase on May 6 Purchase on September 8 Purchase on December 4 $210,000 130,000 160,000 410,000 Required: Calculate ... Earn 50,000 bonus points worth $750 on travel when you spend $4,500 in the first 90 days of account opening. Earn 5X points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center. Earn 3X points for every $1 spent on eligible travel purchases and 3X points on eligible mobile wallet purchases.SI = P x R x T/ 100. Where, SI = Simple Interest. P = Principal (amount invested) R = Rate of Interest (in %) T = Tenure (time for which deposit is kept in FD account) For example, if a sum of Rs 10,000 is invested for 3 years at 10% p.a. then at the time of maturity, SI = 10,000*10*3/100 = Rs 3,000. Maturity Amount = Rs 13,000Feb 25, 2023 · (a) Invested Rs. 4,00,000 cash and office equipment with Rs.1,50,000 in a business called Bobbie Consulting. (b) Purchased land and a small office building. The land was worth Rs. 3,00,000 and the building worth Rs. 7,00,000. The purchase price was paid with Rs. 2,00,000 cash and a long term note payable for Rs. 8,00,000. To, Purchases A/c 50,000 To, Wages A/c 5,000 To, Returns inward A/c 8,000 (Transfer to balances for closing the latter accounts) Sales A/c Dr 1,00,000 Returns outward A/c Dr. 5,000 Closing Stock A/c Dr. 15,000 To, Trading A/c 1,20,000 (Transfer of balances for …50,000 (ii) Bought furniture for: 500 (iii) Purchased goods on credit: 4,000 (iv) Sold goods on cash (cost ₹ 500) for: 700 (v) Received rent: 200 (vi) Purchased goods for cash: 1,000 (vii) Withdrew for personal use: 700 (viii) Paid to creditors: 400 ... 1,50,000 = + 1,50,000 (ii) Purchase goods for cash and on credit –80,000 +1,20,000 +40,000 : 70,000 + 1,20,000 … ….

By P & L A/c : Loss. (b.f.). 1,150. 19,000. 19,000. Illustration 10. A machinery is sold ... purchased from Delhi Motors 3 Tempos costing ` 50,000 each on the ...On. 1st April, 20x1, it purchases a machine at a cost of Rs. 1,50,000. The machine ... 50,000 each year. Accordingly, deferred tax liability is reduced by Rs ...1. The statement of retained earnings for 2019 showed net income of P1,500,000 and. cash dividend paid of P300,000. 2. During the year, the entity purchased equipment for cash and issued share capital. for cash. Required: Prepare a statement of cash flows for the current year using the indirect method. f Answer:1) An individual is considering the purchase of life insurance that would provide $50,000 of... ... {P=1000-5Q} Calculate a single pure premium price of an ...Here you can find the meaning of P & Q entered into a joint venture. P purchased 5,000 units of goods at Rs.30 each. Q sold Rs.4,800 units at Rs.50 each. The remaining goods were taken over by Q at a value of Rs.5,000. P is allowed a commission of 2% on purchases and Q is allowed a commission of 1% on sales.4.Feb 20 – Purchased merchandise worth P50, 000. Gave a down payment of P15, 000, issued P20, 000 promissory note and promised to pay the balance within 5 days. DATE Particulars REF DEBIT CREDIT 20-Feb Purchases 50,000 Cash 15,000 Notes payable 20,000 Accounts payable 15,000 purchased merchandise with DP and PN for the balance Feb 21 – Paid delivery fee of the purchased merchandise, P200.Purchases ₹1,70,000 Creditors ₹50,000 Debtors ₹1,00,000 Building ₹2,50,000 Opening Stock ₹50,000 Cash at Bank ₹50,000 Commission Paid ₹11,000 Rent received ₹15,000 Drawings ₹4,000 Answer: Total of Trial Balance₹6,35,000. Question 7. From the following balances extracted from the books of Mr. K.K, prepare Trial Balance as on ...Sep 22, 2023 · Governmentwide commercial purchase card. (a) Except as provided in 32.1108 (b) (2), the Governmentwide commercial purchase card is authorized for use in making and/or paying for purchases of supplies, services, or construction. The Governmentwide commercial purchase card may be used by contracting officers and other individuals designated in ... Click here👆to get an answer to your question ️ From the following information prepare trading and profit and loss account of M/s Indian sports house for the year ending December 31, 2011.Account TitleAmt. (Rs)Account TitleAmt. (Rs)Drawings20,000Capital2,00,000Sundry Debtors80,000Return Outwards2,000Bad Debts1,000Bank Overdraft12,000Trade … P purchases a 50000, p = ₹ 50,000 In compound interest, interest is calculated annually. Amount after 1 s t year is A 1 = 50 , 000 × 10 100 = ₹ (5,000 + 50,000) = ₹ 55,000, If X wants to buy $50,000 worth of permanent protection on his/her spouse and $25,000 worth of 10 year term coverage on X under the same policy, the applicant should purchase: ... P is looking to purchase a life insurance policy that will pay a stated monthly income to his beneficiaries for 20 years after he dies and a lump sum of $20,000 at the end of that …, 4th Class 400,000 300,000 50,000 5th Class 300,000 200,000 50,000 6th Class 200,000 100,000 50,000 In the case of barangays, Fifty Thousand Pesos (P50,000). 3. For Foreign-funded Procurement, the thresholds shall be determined in each case, taking into account the nature of the goods, works, or assignment, by agreement between the GOP and the, What is the annual payment required by the mortgage? If you could get a loan for 25 years but had to pay 9 percent annually, what is the difference in the annual payment? Step-by …, P purchases a 50,000 whole life insurance policy in 2005. one of the questions on the application asks if P engages in scuba diving to which P answers "NO". the policy is then issued with no scuba exclusions. in 2010, P takes up scuba diving and dies in a scuba related accident in 2011. what will the insurer pay to Ps beneficary, Indices Commodities Currencies Stocks, The owner can lower the amount of equity by making withdrawals. The withdrawals are considered capital gains, and the owner must pay capital gains tax depending on the amount withdrawn. Another way of lowering owner’s equity is by taking a loan to purchase an asset for the business, which is recorded as a liability on the balance sheet., (i) D. Mahapatra commenced business with cash of Rs 50,000 and Rs 1,00,000 by cheque; goods Rs 60,000; machinery Rs 1,00,000 and furniture Rs 50,000. (ii) 1/3 rd of above goods sold at a profit of 10% on cost, and half of the payment is received in cash. (iii) Depreciation on machinery provided @10%. (iv) Cash withdrawn for personal use Rs 10,000., Answer: Depreciation = Purchase Price - Salvage Value Useful Life of the Asset = ₹1,00,000 - ₹ 20,000 10 Years = ₹ 8,000 5. Purchase goods for ₹10,000 and receive trade discount at 10% and cash discount of 5%. Purchases account will be debited by: 1 (a) ₹ 10,000 (b) ₹ 1,000 (c) ₹ 9,000 (d) ₹ 8,550 Answer: ₹ 9,000., Click here👆to get an answer to your question ️ Calculate value of goodwill on the basis of three years purchase of average profit of the preceding five years were as follows:year2017 - 182016 - 172015 - 162014 - 152013 - 14Profits(Rs) 8,00,000 15,00,000 18,00,000 4,00,000 …, Cost of Goods Sold - COGS: Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in ..., Dec 20, 2022 · Purchase = 50,000 boxes. Ordering Cost = 0.40 USD per box. Economic Order Quantity: 5000 boxes. Our EOQ is 5000: Find the costs related to the offer without it first, then. Ordering Cost is equal to (50000/5000) x 100, or USD $1000. Carrying Cost is equal to (5000/2) x 0.4, or USD $1000. Before accepting the offer, the total cost was 1000 ... , Account Title. Debit Amount Rs. Account Title. Credit Amount Rs. Opening stock. 10,000. Sales. 2,28,000. Purchases. 78,000. Capital. 70,000. Carriage inwards. 2,500 ..., With effect from April 1, 2017, no person will receive an amount of Rs 2 lakh or more; (A) one person a day (or) (B) in relation to a single transaction (OR) (C) In relation to a transaction relating to an event or occasion from a person. The …, Everyone has some way of keeping up with their purchases. If it's not an old-fashioned checkbook, then your bank's software or a service like Mint can track your expenditures. When logging your expenditures, try adding a section with how ha..., The cash and bank balance on 1st October is expected to be $1,500. Other information is given as follows: Plant and machinery are to be installed in August at a cost of $24,000. This sum will be paid in monthly installments of $500 each from 1st October. Preference share dividends @ 5% on $50,000 are to be paid on 1st December., This system works by the company accountant recording all purchases into a purchase account. The company then makes a count of the physical inventory and the accountant shifts any balance in the purchases into the inventory account. Next, the accountant adjusts the inventory account to match the cost of the ending inventory., The following data has been extracted from the books of ABC Company Ltd as of 31/12/2018: Sales: 100,000 Stock as of 31/12/2018: 40,000 Purchases: 50,000 Stock as of 01/01/2018: 30,000 Discount Allowed: 5,000 Discount Received: 4,000 Requirement: Calculate the Gross Profit or Prepare the Trading Account., Cost of Goods Sold = Opening Stock + Purchases- Closing Stock Now putting the values in this formula, we get 75,000 = 20,000 + 70,000 - Closing Stock Closing Stock = 90,000- 75,000 = 15,000 Q.5 Prepare Trading Account from the transactions given below: ₹ ₹ Opening Stock 23,000 Purchases Return 2,400 Purchases 29,000 Closing Stock 47,700, RE7-6 Stevens Company uses a perpetual inventory system. On July 10, Stevens purchases 50,000 of inventory on credit with payment terms of 2/10, net 30. Using the gross price method, prepare journal entries to record Stevenss purchases on July 10 and the subsequent payment on July 18., Ending Inventory = Cost of Goods Available for Sale – Cost of Goods Sold = 1,000,000 – 800,000 = P200, Gross Profit = Net Sales - Cost of Goods Sold = 685,000 – 800,000 = P-115, nullnull Current Ratio, AC-PLS-P-25K-S. Secure Client Advantage – Perpetual License/25,000 Unique Users. CON-ECMU-ACPL25K. L-AC-PLS-P-G. AC-PLS-P-50K-S ... purchase. The license ..., Earn 50,000 bonus points worth $750 on travel when you spend $4,500 in the first 90 days of account opening. Earn 5X points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center. Earn 3X points for every $1 spent on eligible travel purchases and 3X points on eligible mobile wallet purchases., S&P 500 Periodic Reinvestment Calculator (With Dividends) Investing. Written by: PK. Below is a S&P 500 Periodic Reinvestment Calculator. It allows you to run through investment scenarios as if you had been invested in the past. It includes estimates for dividends paid, dividend taxes, capital gains taxes, management fees, and inflation. , Sep 22, 2023 · Governmentwide commercial purchase card. (a) Except as provided in 32.1108 (b) (2), the Governmentwide commercial purchase card is authorized for use in making and/or paying for purchases of supplies, services, or construction. The Governmentwide commercial purchase card may be used by contracting officers and other individuals designated in ... , 1. What is an eWay Bill? EWay Bill is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that is generated on ewaybillgst.gov.in. Alternatively, Eway bill can also be generated or cancelled …, •Recorded at cost •Includes all costs necessary to make the intangible asset ready for its intended use •Typical costs include:-Purchase price-Legal fees-Other incidental expenses If a company acquires intangibles in exchange for stock or other assets, the cost of the intangible is..., The purpose of the Rules Governing Life Insurance and Annuity Replacements is to. P purchases a $50,000 whole life insurance policy in 2005. One of the questions on the application asks if P engages in scuba diving, to which P answers "no". The policy is then issued with no scuba exclusions. , P purchases a $50,000 whole life insurance policy in 2005. One of the questions on the application asks if P engages in scuba diving, to which P answers “No”. …, If X wants to buy $50,000 worth of permanent protection on his/her spouse and $25,000 worth of 10 year term coverage on X under the same policy, the applicant should purchase: ... P is looking to purchase a life insurance policy that will pay a stated monthly income to his beneficiaries for 20 years after he dies and a lump sum of $20,000 at the end of that …, Sold goods to Sherpa at the list price of ₹ 50,000 less 20% trade discount and 4% cash discount if the payment is made within 7 days. 75% payment is received by cheque on Jan. 23rd. Jan. 25: Sold goods to Garima for ₹ 1,00,000, allowed her 20% trade discount and 5% cash discount if the payment is made within 15 days., Intermediate Accounting Inventories - Please show the complete solution on items 8, 9, 10. Image transcription text. Pugo uses the retail inventory method. The following information is available for. the current year: Cost Retail Beginning inventory P 1,300,000 P 2,600,000. Purchases 18,000,000 29,200,000 Freight in 400,000 Purchase r... , Company P purchases an 80% interest in Company S on January 1, 2015, for $480,000. Company S had equity of $450,000 on that date. Any excess of cost over …