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1. Each of the following items must be considered in preparing a statement of cash flows. Indicate where each item is to be reported in the statement, if at all. Assume that net income is reported as $90,000.
(a) Accounts receivable increased from $34,000 to $39,000 from the beginning to the end of the year.
(b) During the year, 10,000 shares of preferred stock with a par value of $100 a share were issued at $115 per share.
(c) Depreciation expense amounted to $14,000, and bond premium amortization amounted to $5,000.
(d) Land increased from $10,000 to $30,000.
1. inventory information for missoula merchandising inc is provided below. sales for the period were 2800 units for 8
Improve the quality of business-decision information, HTH has decided to implement a solution that will bring their disparate systems together in one seamless dataflow.
3. Calculate the Total Periods for Bond A by subtracting the Settlement Date from the Maturity Date then dividing that result by 365 then multiplying that result by the Coupon P/Y (P/Y = payments per year) to get total periods. Also, within these..
pascal inc. is planning to sell 800000 units for 1.50 per unit. the contribution margin ratio is 20. if pascal will
Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment.
prepare journal entries in the internal service fund to record the transactions internal service funds are accounted
For the current taxable year, Corporation's gross income from operations was $1,000,000 and its expenses from operations were $1,500,000. Corporation also received a $600,000 dividend from a 25 percent-owned corporation. How much is Corporation's d..
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Annual subscription for each member is Rs.120,Rs.240 being in arrear for 1998. Prepare Income & Expenditure Account and Balance Sheet.
what are sunk costs? provide at least two real-life examples of sunk costs for a project. should sunk costs be included
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