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1.On September 11, 2012, Home Store sells a mower for $500 with a one year warranty that covers parts. Warranty expense is estimated at 8% of sales. On July 24, 2013, the mower is brought in for repairs covered under the warranty requiring $35 in materials taken from the Repair Parts Inventory. Prepare the September 11, 2012, entry to record the mower sale, and the July 24, 2013, entry to record the warranty repairs.
the general ledger account for accounts receivable shows a debit balance of 40000. the allowance for uncollectible
1. does the company use job order or process costing?2.what are the direct materials for the company? list3.what would
Received inventory valued at $16,000 and equipment with market value of $9,500 for $3,700 shares of the $2.00 par common stock. Journalize the transactions and Prepare the stockholders equity section
The following transactions involve intangible assets of Penner Co occurring on or near Dec 31, 2004. Write journal entries needed at the date to record the transaction and at December 31, 2005 to record any resultant amortization. Write NA if no e..
income statement itemsgain on sale of marketablesecurities.........................42000loss on sales of
Briefly explain how changes in various economic factors affect the U.S. current account balance.
provide an analysis and explanation of the role of the GAO.
the general manager of qantas had two concerns the companys worsening cash position 3000 cash and no bank loan at the
this question has been posted before. i cant get it and neither could the last person nor several who tried it for that
bargain rental car offers rental cars in an off-airport location near a major tourist destination in california.
Harrel Company acquired a patent on an oil extraction technique on January 1, 2010 for $5,000,000. It was expected to have a ten-year life and no residual value. Harrel uses straight-line amortization for patents. On December 31, 2011, the future ..
if 10000 is deposited in a saving account at the end of each year and the account pays interest of 5 compounded
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