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SaiTu Village reported outstanding long term bonds payable of $ 6,000,000 in the governmental activities column of its government wide statement of net position for the year ended December 31, 2013. During 2014, SaiTu Village sold $ 500,000 of new general obligation bonds and redeemed $ 300,000 of bonds outstanding at the beginning of the year. Prepare journal entries needed to adjust SaiTu fund financial statements so government wide statements can be prepared for the year ended December 31, 2014.
yu company purchased a producing oil well for 5000000. the well was expected to produce 500000 barrels of oil over its
win corporation sells a single product. budgeted sales for the year are anticipated to be 675521 units estimated
Prepare the cash flows from Operating Activities section of the statement of cash flows, using the indirect method. If the direct method had been used, would the net cash flow from operating activities have been the same? Explain
Prepare journal entries that should be recorded as a result of each of the above contingencies. If no journal entry is needed, briefly explain why.
if an institution concludes that an individual loan specifically identified for evaluation is not impaired under fas
jerry baker and his wife hammi believe in the worship of the sea god. this is a very personal religion to jerry and
haslett corporation uses standard costs with its job order cost accounting system. in january an order job no. 12 for
What net income or net loss per share would the company report for 2008 if it had 180,000 shares of common stock outstanding?
a company operates in a competitive marketplace. they look to the market to determine their selling price. it looks
Classsify the following costs as variable (V), fixed (F), or semivariable (S) in terms of their behavior with respect to volume or level of activity.
hodge corporation issued 100000 shares of 20 par value cumulative 6 preferred stock on jan 1 2013 for 2300000. in
on 1 july anderson ltd require 70 of equity capital of arthur a cost of 4 millions at the date of acquisition all
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