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M Corp. has an employee benefit plan for compensated absences that gives employees 15 paid vacation days. Vacation days can be carried over indefinitely. Employees can elect to receive payment in lieu of vacation days. At December 31, 2009, M's unadjusted balance of liability for compensated absences was $30,000. M estimated that there were 200 vacation days available at December 31, 2009. M's employees earn an average of $150 per day. In its December 31, 2009, balance sheet, what amount of liability for compensated absences is M required to report?
Cash receipts preparation for the months of August and September has been done for the given information. Cash Collected for services rendered Cash Receipts for the months
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Prepare the journal entries to record above events in the accounts of S & X. . Assume that distribution of earnings onNovember 30 was payment of a dividend that was declared
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Briefly summarize the outlook of future jobs in the accounting field. Give your opinion on the type of skills that will be needed to accounting fulfill the jobs in the futur
FASB has special rules for reporting on private health care organizations. And of course, if the health care organization is associated with government (as an SPE), then GAS
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