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Question- MullerB Company's employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately, meaning an employee is entitled to the pay even if employment terminates. During 2013, total wages paid to employees equaled $808,000, including $8,000 for vacations actually taken in 2013, but not including vacations related to 2013 that will be taken in 2014. All vacations earned before 2013 were taken before January 1, 2013. No accrual entries have been made for the vacations.
Required: Prepare the appropriate adjusting entry for vacations earned but not taken in 2013.
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The economic life of the software is estimated at four years. 2012 amortization of the software development costs would be:
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Mary Houser has $1,200 overdue debt for medical books and supplies at Ken's Bookstore. She has only $400 in her checking account and doesn't want her parents to know about the debt. Ken's tells her that she may settle the account in one of two way..
bkf.com provides banks access to sophisticated financial information and analysis via the web enabling them to
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What are the tax consequences to Bluejay and to Redbird as a result of Bluejay's liquidation?
should be on 2012 forms and done in pencil. it should include a schedule that shows the fiduciary income calculation
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