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A business purchased merchandise for 12,000 on account; terms are 2/10 n/30. If 2,000 of the merchandise was returned and the remaining amount due was paid within the discount period, the purchase discount would be:
a. 240, b. 200, c. 1200, d. 1000, e. 3600
Evaluate the dollar cost of each of proposed plans for obtaining an initial loan amount of $100,000 and which plan do you recommend? Why?
qreporting and computing the acquisition and amortization of three different intangible assetskreiser company had three
Make a flexible budget for the Beverage Division using production levels of 45,000 units, 50,000 units, and 55,000 units. If required, round per unit amounts to two decimal places
At the end of the year, 20% of the goods were still in X-Beams' inventory. Kent's reported net income was $300,000. What was the noncontrolling interest in Kent's net income?
Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value to obtain all of Vicker's outstanding stock. In this transaction (which is not a pooling of interests), how much goodwill should be recognized?
It actually produces the following units: year 1, 128,000; year 2, 130,000; year 3, 126,000; and year 4, 124,500. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted.
there are 16 units of the item in thephysical inventoryat december 31. the periodic inventory system is used.jan 1.
question a depreciation plan for semi-trucks of ichiro manufacturing company was demanded by your auditor soon after
The first semiannual interest payment on December 31, 2012, and the amortization of the bond discount, using the straight-line method. (Round to the nearest dollar.)
question q1. willkom corporation bought 100 percent of szabo inc. on 1st january 2011. on that date willkoms equipment
Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the mile operated during the current year.
Compute depreciation for the first year under each of the following methods: (a) straight-line, (b) units of production, and (c) double-declining-balance. (Show your work.)
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