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A companys payroll runs $2,800 every two weeks ($200 per day) The last pay day was Friday December 19th and the next pay day will be January 2nd. Prepare the adjusting entry needed on December 31.
a. How much gain does Kyle recognize on his exchange? What is the basis to Kyle of his 1,000 shares? b. How much gain does Bob recognize on his exchange? What is the basis to Bob of his 100 shares?
suppose that drake corporation produced and sold 5000 laptop computers during 2010. it reported 270000 cash provided by
a company has two product lines shoes and hats. costand revenue for each line for the current month
What will you do to ensure your message is effective? What are some considerations you must keep in mind given the diversity of the audience?
research the following statements and write a paper of 500 words on your findingswhat are the key differences between a
charles corp. has outstanding accounts receivable totaling 6.9 million as of december 31 and sales on credit during the
Would your answer in (a) change if 100% of the amount received from Blue was spent annually in carrying out Service's tax-exempt mission.
Evaluate the effectiveness of the PCAOB's oversight related to both corporate management's and a certified public accountant for addressing a material weakness in internal controls
If total liabilities decreased by $55,000 during a period of time and stockholders' equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is ??
List three weaknesses in the existing system of internal control. For each weakness, state the risk to the company if the control is not improved, and recommend improvements. Format your answer as follows: (9 marks) Weakness Risk Recommended improvem..
The following data were taken from the balance sheet of Outdoor Supplier Company:
Determine the amount of intra-entity profit at the end of 20X1.
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