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Purchased dental equipment on jan.1 for $80,000, paying $20,000 in cash and signing a $60,000 3-year note payable. The equipment depreciates $400 per month. interest is $500 per month. I need to make an adjusting entry for balance sheet date Jan. 31
The Bird Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year.
minute maid sees research as the fundamental first step in any business decision and it created proprietary methods for
when a company sells the product for cash it generally recognizes the revenue. but therere situations when it isnt
advanced technologies balance sheet caption for common stock is common stock 10 par value 7000000 shares authorized
selected accounts with some debits and credits omitted are presented as follows work in process aug. 1 balance 275000
On March 1, Year 1, a firm issues $475,000 bonds at par value plus accrued interest. The stated rate on the bonds was 12% and the bonds pay interest semi-annually on June 30 and December 31. Prepare the entries necessary to record
What are your thoughts on the three proposals outlined above, and please feel free to suggest anything that you feel should also be considered in reducing the deficit.
Alpine West Inc. operates a downhill ski area near Lake Tahoe, California. An all-day adult ticket can be purchased for $55. Adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season
an examination of the accounting records of clowney company disclosed a high contribution margin ratio and production
corio corporation reports that at an activity level of 3600 units its total variable cost is 198900 and its total fixed
bates company acquired patent rights on jan 1 2010 for 1125000. this has an estimated useful life of 10 years and
how to prepare the reversing entries from the adjusting entries as follows and tranferrer to the ledger ? advertising
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