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A company issues at par 9% bonds with a par value of $100,000 on April 1. The bonds pay interest semi-annually on January 1 and July 1. The cash received on July 1 by the bond holder?
on checking the bank pass book it was found that it showed an overdraft of 5220 as on 31st december 2008 while as per
Drew and Emma formed the equal D&E Partnership on January 1 of the current year. Drew contributed $50,000 of cash and land with a fair market value of $100,000 and an adjusted basis of $80,000. Emma contributed equipment with a fair market value o..
cooley company has the following informationvariable production costs ----------------- 8 per unitfixed oh producation
grassy fertilizer manufactures two lines of garden grade fertilizeras part of a joint production process gf10 and gf20.
russell preston delivers parts for several local auto parts stores. he charges clients 0.78 per mile driven. russell
snake creek company has one trusted employee who as the owner said handles all of the book-keeping and paperwork for
An art dealer sold two artworks at $1520 thereby making a profit of 25% on the first work and 10% on the second, where as if he had approached any exhibition he would have sold them together for $1535 with a profit of 10% on the first and 25% on t..
The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records?
consider the following two separate firms. one firm manufactures flexible packaging films for the snack bakery
You have been employed as an entry level management accountant for a little under a year. you suspect that your immediate supervisor is involved in asignificant fraud involving diverting of company assetts to personal use.
The stockholders' equity accounts of Sigma Corporation on January 1, 2010, were as follows. Journalize the transactions.
What is the amount of the accrued liability for compensated absences that should be reported at December 31, 2005?
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