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Accounting
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.
• Closing Entries
o What are the reasons for closing entries?o What accounts are closed?o How are closing entries done?o What is the result of the closing entry?
• Merchandising
o What is the difference between a service and a merchandising business? Provide an example of each.o What are three new types of merchandising accounts?
during 2014 deluca company had net sales of 5700000. most of the sales were on credit. at the end of 2014 the balance
Briefly explain the differences between the magnetic stripe card and the chip and PIN card.
the pletcher transportation company uses a responsibility reporting system to measure the performance of its three
Yet firms often issue debt at interest rates substantially below the yield that investors require on the firm's equity shares. Does this mean that such firms are not operating with optimal capital structures? Explain.
Read The Case of the Misguided Supervisors in Chapter 14 of your text book. Use the Argosy University online library for additional research, and do the following in a Word document:
You are running for the Presidency of the Unites States of America. The polls puts you neck-and-neck with the other party's top candidate. You must now debate the extremely "hot" topic of affordable health care. You are given the opportunity to sub..
assume that boots normally sell for 90 per pair. an exporter has approached park about buying 1000 pairs of boots for
On January 1, CBU installed a new computer system for tracking and calculating inventory costs. On December 31, at yeas-end closing, CBU's system reported inventory at $4.5 million for financial statement purposes. At midnight, the auditors perfor..
Compute the current break-even point in units, and compareit to the break-even point in units if Alice's ideas areused.
arcia corporation purchased a truck by issuing an 108000 4-year zero-interest-bearing note to equinox inc. the market
mikes meats incurs costs of 4000 while processing raw chicken meat into three products breasts wings and thighs. the
Cost and fair value data for the trading securities of Clifford Company at December 31, 2010, are $100,000 and $74,000, respectively. Which of the following correctly presents the adjusting journal entry to record the securities at fair value?
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