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The balance in the unearned fees account, before adjustment at the end of the year, is $112,000. Of these fees, $71,600 have been earned. In addition, $47,400 of fees have been earned but have not been billed. Journalize the adjusting entries (a) to adjust the unearned fees account and (b) to record the accrued fees.
If operating lease commitments are considered equivalent to debt, what percentage of the American's debt is represented by the lease liabilities?
the ceo of smart phone cases llc is preparing a loan application to be used for expansion. using the data below only
delille company manufactures both traditional toothpaste and geltoothpaste with each type of toothpaste produced in
Prepare an income statement for the year ended December 31,2009. Assume that 11,000 shares of stock are outstanding.
partridge inc. sells about 45 million a year on credit. good credit and collections performance in the industry results
Most companies use historical cost to value property, plant, and equipment assets. What components make up historical cost? Provide an example of an asset's historical cost.
At the time of his death on June 6, 2011 Keith was involved in the following real estate.
spitfire company was incorporated on january 2 2015 but was unable to begin manufacturing activities until july 1 2015
grand river corporation reported taxable income of 500000 in 20x3 and paid federal income taxes of 170000. not included
barney toy company manufactures large and small stuffed animals. it has a long-term contract with a large chain of
Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix.
Compare and contrast the accounting reporting criteria-including regulatory environment, issues with foreign currency, differences in GAAP, and any others-of a U.S. company with a foreign company.
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