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Baucom Company accepted credit cards in payment for $6,850 of merchandise sold during March 2012. The credit card company charged Baucom a 3 percent service fee. The credit card company paid Baucom as soon as it received the invoices. Cost of goods sold amounted to $3,800. What is the amount of net income earned during the month of March?
CORPORATE TAX RETURN PROBLEM
kobe is a single dad with dependent children lizzie age 7 and leslie age 3 he has agi of 51,000 and paid 6,300 to a qualified day care center what amount of credit can kobe receive for the child and dependent care credit?
What is XBRL? How will it effect financial reporting? Please Explain. What are the main types of accounting software used in a restaurant setting or organization? What are the benefits and limitations of this software? Please Explain.
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Do you believe the legislation enhances the power and prestige of the audit profession, or alternatively, does it decrease both the power and prestige of the profession? Explain.
Discuss how the following affect the break-even point: increase or decrease in unit sales price, increase or decrease in variable cost per unit, increase or decrease in fixed costs.
Assume that Rex Company issues 2,000 shares of $ 20 par Common Stock for cash of $50,000. Please give the journal entry to record the transaction.
1nbspnbspnbspnbspnbsp the following items were among those that were reported on dye co.s income statement for the year
Bowman Company reported translation adjustments in its stockholders' equity section of $2,000,000. Such adjustments were added to the other items disclosed in Bowman's stockholders' equity.
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1. parent company owns 90 of the stock of subsidiary company.2. on 1102 subsidiary company purchased equipment at a
When a firm purchases supplies for use in its business, and the cost of the supplies purchased is recorded as an asset, the following adjustment to recognize the cost of supplies used will probably be required:
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