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Diversified Semiconductors sells perishable electronic components. Some must be shipped and stored in reusable protective containers. Customer pay a deposit for each container received. The deposits forfeited were $35,000.
Prepare the appropriate journal entries for the depositis received and returned during 2011.
Determine the liabiltiy for refurndable deposits to be reported on the December 31, 2011, balance sheet.
The Frank Company has issued 10%, fully participating, cumulative preferred stock with a total par value of $300,000 and common stock with a total par value of $900,000. Divid
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On July 1, 2014 a corporation issued $500,000 of 10%, 10-year bonds for $461,000 to yield 12%. Interest is paid semiannually on June 30 and December 31, and the company uses t
Merchandising: Preparation of purchases budgets (for three periods) Walker Company prepares monthly budgets. The current budget plans for a September ending inventory of 30,00
Please, provide answer with detailed calculation, i.e. excel file if needed and bullet point answers. Please provide explanation and not just 'yes'/'no' answer. All answers
Jacob earned $80 babysitting and deposited the money into his savings account. The next week he spent $85 on video games. Use integers to describe the weekl changes in Jacob's
For the current? year, Company A had sales of $350,000?, net income of $250,000 and average common? Stockholders' Equity of $900,000. During the same? year, Company B had sale
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