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A company reported annual sales revenue of $450,000. During the year, accounts receivable decreased from a $14,000 beginning balance to a $12,000 ending balance. Accounts payable decreased from a $11,000 beginning balance to a $8,000 ending balance. How much is cash received from customers for the year?
krammer company has liabilities equal to one fourth of the total assets. krammers owners equity is 45000. using the
british productions performs london shows. the average show sells 900 tickets at 65 per ticket. there are 155 shows a
linda clark received 175000 from her mothers estate. she placed the funds into the hands of a broker who purchased the
Jeffrey Mogul is a Hollywood film producer and he is currently evaluating a script by new screenwriter and director, Betty Jo Thurston. Jeffrey knows that the probability of a film by a new director being a success is about .10 and the probability..
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balance per books at october 31 41847.85 receipts 173523.91 disbursements 164893.54. balance per bank statement
The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 28, 2006. The February 28, 2006, bank statement and the February T-account for cash showed the following (summarized):
Write down a memo to Stacey describing the tax consequences of incorporation. As part of your memo analyze the possibility of having the corporation issue common and preferred stock and debt for shareholders’ property and money.
Supply missing balance sheet numbers
equipment which cost 213000 and had accumulated depreciation of 114000 was sold for 121000. this transaction should be
compare and contrast primary and secondary deviance. what are the characteristics of each type of deviance? what is the
on february 1 2013 our company became the lessee of equipment under a 5-year noncancelable lease. the estimated
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