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A company issues $1 million of new stock and pays $200,000 in cash dividends during the year. In addition, the company took advantage of falling interest rates to borrow $1.5 million in a new bond issue and paid off existing bonds with a face value of $2 million. The company bought 500 of another company's $1,000 bonds at a $100,000 premium. The net cash flow from financing activities?
a. Use the purchases journal and the cash disbursements journal to record these transactions. b. Prepare a schedule of accounts payable. There were no accounts payable on May 1.
Should any of the overhead costs at year-end be added to Job W? If so, how much? Explain.
vincent corp. has 100000 share of 100 par common stock outstanding. on june 30 vincent corp declared a 5 stock dividend
costs of goods manufactured. the following data pertains to toledo toy company. purchases of direct materials 342000
slim corp. requires a minimum 8000 cash balance. if necessary loans are taken to meet this requirement at a cost of 1
linda and don are married and file a joint return. in 2013 they received 12000 in social security benefits and 35000 in
1. at the beginning of the year manufacturing overhead for the year was estimated to be 266200. at the end of the year
Assume that the lessor retains title to the machine at the expiration of the lease, that there is no bargain renewal or purchase option, and that the fair value of the equipment is $1,420,000 as of the lease date. Using the criteria for distinguis..
What are the eight steps in the accounting cycle and how do they affect the financial statements? What happens if one is missing?
List and describe different activities that are manual parts of business processes at a restaurant such as Wendy"s.
home company manufactures tables with vinyl tops. the standard material cost for the vinyl user per type-r table is
lawyer performed legal services for e. corp. due to a cash shortage an agreement was reached whereby e. corp. would pay
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