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Accounting
Primary Task Response: Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
In this assignment you will do the following:
• This week adjusting entries are discussed. In your post answer the following questions:
o What is an adjusting entry?o Why is an adjusting entry important?o What accounts are adjusted and what accounts are not adjusted? Why?o Provide two adjusting entry examples.o What do you find difficult about adjusting entries? What is difficult to understand?
On February 28,2011, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dow's net income for the year ended December 31,2011, was $2,100,000. The income tax rate is 40%.
Here, you must determine what the optimum capital structure is for your firm. A sample spreadsheet is provided where you may input the data that you have already found for the WACC.
can a sole proprietorship be described as a passthrough entity?this year firm q a cash basis taxpayer remitted 26800 of
niva co. manufactures three products bales tales and wales. the selling prices are 55 78 and 32 respectively. the
on january 1 2011 harrison inc. acquired 90 percent of starr company in exchange for 1125000 fair-value consideration.
What client information is needed by auditors in creating lead schedules? Answer Interim statements prepared by the client for the company's 3rd quarter financial results.
Consider the Industrial Supply Company example again. Assume that the company plans to maintain its dividend payments at the same level in 2009 as in 2008.
the final exam covers modules 01-10 and consists of a series of short answers to given questions or statements. in a
the pvc company manufactures a high-quality plastic pipe that goes through three processing stages prior to completion.
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. What is the variable overhead rate variance for the month
case development began operations in december 2013. when property is sold on an installment basis case recognizes
How do managers decide on what basis to determine variable overhead costs and fixed overhead costs? What Activity Based Costing (ABC) is? Describe what a flexible budget is0
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