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Ken Cascioli and Bill Ryder need to make adjusting journal entries to prepare financial statements based on their first month activities. Make adjusting journal entries for the following events, referring to the transactions in E15- 10 as necessary.1. Record depreciation for 1 month on the ladders and other equipment.2. Record depreciation for 1 month on the pickup truck.3. Accrue interest for 1 month on the note referred to in transaction 2b.4. Record the cost of insurance for 1 month.5. Ken and Bill worked on the last 2 days of the month and earned a total of $ 850, but they did not collect cash because the last day of the month fell on a Tuesday. Make an accrual for their earnings.
The purpose of this assignment is to encourage and allow critical engagement with recent topics in the field of Not-for-Profit and Government Accounting and how these structures play out in our current environment.
From the above information, fill in the blanks below. Be sure to mark your variances F for favorable and U for unfavorable. a. Flexible-budget variance $______ Fixed $______
In June, the Filbert Company established a petty cash account with a $200 balance. During June, the following expenditures were made from petty cash
1. discuss the various depreciation methods. which is the most accurate? why?2. discuss the accounting for investment
please give me a quote for solving the attached problems. please do not use the teacher who performed the calculations
You have an investment opportunity that requires an initial investment of $5000 today and will pay $6000 in one year. What is the rate of return of this opportunity?
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How does accounts receivable balance-related audit objectives relate to real life? What I mean is, not in accounting, can you apply these principles to an everyday thing like football or something.
the statement is a company took out a 9 month 7.5 40000 note on december 1 2014 with interest and principal to be paid
When the cost behavior pattern has been identified as fixed at a certain volume of activity.
Given the EOQ, what is the average inventory? What is the annual inventory holding cost? In minimizing cost, how many orders would be made each year? What would be the annual ordering cost?
bard manufacturing uses a job order cost accounting system. during one month bard purchased 191000 of raw materials on
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