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Data not yet recorded at December 31, 2011, included: a. The supplies count on December 31, 2011, reflected $240 remaining supplies on hand to be used in 2012. b. Insurance expired during 2011, $400. c. Depreciation expense for 2011, $4,200. d. Wages earned by employees not yet paid on December 31, 2011, $720. e. Income tax expense, $5,880. How do you record the following adjusting entries?
in october keane company reports 21000 actual direct labor hours and it incurs 115000 of manufacturing overhead costs.
grant inc borrowed 83000 on jan 1 year 1. the company promised to repay the loan in 9 installments.?the company will
Paxel owns 80% of Saxel's outstanding common stock. For 2009, Saxel reported $60,000 of net income and declared dividends of $10,000. What amount appears in Paxel's 2009 income statement if Paxel accounts for its investment using the equity method..
robusta coffee company roasts and packs coffee beans. the process begins by placing coffee beans into the roasting
The board of directors declared and paid a $5,000 dividend in 2010. In 2011, $24,000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2011?
Your beginning food inventory was $26,000. You have purchased an additional $24,000 and have accepted $12,000 in transfers from other locations. In total, you sold $39,000 worth of food for the same time period. Your ending inventory is $29,000. W..
whims card company purchases inventory from china and incurs the following costs the cost of the merchandise is 50000
suppose the eps of a company is 10. there is is one transitory itemsrestructuring charges that total 3 per share on an
Calculate the book value of a two year old machine that cost $200,000, has an estimated residual value of $40,000, and has an estimated useful life of four years. The company uses straight line depreciation.
On January 1, 2010, Parabolic Company issued 8% bonds with a face amount of $72.9 million, dated January 1. The bonds mature in 2025 (15 years). The market yield for bonds of similar risk and maturity is 10%. Interest is paid semiannually.
Determine (1) the company's most profitable sales mix and (2) the contribution margin that results from that sales mix.
1. prepare a statement of cash flows for the current year using the indirect method.2. using horizontal analysis
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