4 K Dhoni is a business consultant. The following trial balance is provided at 30 September 20-1: Capital 94 000 Drawings 12 250 Premises at cost 82000 Office equipment at cost 19000 Provision for depreciation of office equipment 1900 Trade receivables 5000 Loan (repayable 20-9) 10 000 Irrecoverable debts 100 Provision for doubtful debts 150 Fees from clients 75 300 Insurance 2400 Printing and stationery 3 150 Wages 47 000 Office expenses 2950 Rent receivable 5400 Cash 200 Bank 12 700 186 750 186 750 The following additional information is supplied: 1 At 30 September 20-1 - rent received in advance amounted to $1800 insurance prepaid amounted to $600 printing expenses owing amounted to $150 loan interest owing amounted to $500. 2 The office equipment is being depreciated at the rate of 10% per annum using the straight line method. 3 The provision for doubtful debts is maintained at 4% of the trade receivables. a Prepare the income statement of K Dhoni for the year ended 30 September 20-1. b Prepare the statement of financial position of K Dhoni at 30 September 20-1.

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments. suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal. supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal. prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal. insurance expensejan. 31 bal. 164 164 jan. 31 bal. wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal. wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal. truckjan. 31 bal. 17,376 17,376 jan. 31 bal. accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal. a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year. c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?