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Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as needed.Basically, you need to cite and reference a relevant source for assignments that have an essay component. This means you are required to conduct research on your own outside the information provided in the text (i.e. an external reference).
Please answer each question with a minimum of 200 words:
1. Answer (a) and (b) in problem 1-26B
2. Distinguish between financial accounting and managerial accounting as to user groups and time horizons.
3. Why should the chief accountant of an organization have a clear understanding of both financial and managerial account?
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Taxable Income Last Current Parent ($16,000) $20,000 Subsidiary 10,000 (21,000) How much of the Subsidiary loss can be carried back to last year?
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If a parent company elects to use the partial equity method rather than the cost method to record its investments in subsidiaries, what effect will this choice have on the consolidated financial statements?
a. on april 1 the company retained an attorney for a flat monthly fee of 500. this amount is paid to the attorney on
lohorman corp is a major supplier to makers of outdoor power equipment. according to the companys annual report
The Fitzgerald Company maintains a checking account at the Bank of the North. The bank provides a bank statement along with canceled checks on the last day of each month. Prepare a bank reconciliation for the month of October. Prepare the necessary..
it is late 1999 and you are a successful oil executive currently working in alaska for a major oil company. tomorrow
shelby manufacturing produces car parts. the company has a variable cost per unit of 150 and fixed costs of 200000. the
what are current assets?a. assets purchased within the last year.b. assets which will be used within the next month.c.
haven company uses the percentage of sales method for recording bad debts expense. for the year cash sales are 600000
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