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A person wanted to withdraw X rupees and Y paise from the bank. But cashier made a mistake and gave him Y rupees and X paise. Neither the person nor the cashier noticed that. After spending 20 paise, the person counts the money. And to his surprise, he has double the amount he wanted to withdraw.Find X and Y.
Fairfax Company had a balance in Deferred Tax Liability of $840 on December 31, 2014, resulting from depreciation timing differences. Make the income tax journal entry for the Fairfax Company for December 31, 2014.
i. an overall risk profile of the company based on current economic and industry issues that it may be facing.ii.
minute maid sees research as the fundamental first step in any business decision and it created proprietary methods for
determine a petty cash fund? list two ways a business would maintain controls over petty cash? list two procedures you
Delivery Vehicle-Henry purchase a new delivery vehicle on April 1,2011 for 80,000. The vehicle is to be depreciated over 7 years using double-declining-balance with a salvage value of 10,000.
Suzy Cole and Joe Lane are department managers in the housewares
one of the partners of the cpa firm you work for has engaged a new audit client pinnacle manufacturing for the year
Costs can be classified into two categories, fixed and variable costs. These costs behave differently based on the level of sales volumes. Suppose we are running a restaurant and have identified certain costs along with the number of annual units ..
Suppose the sorority encouraged its members to drive to the hotel and did not charter the buses. Further, a planned menu change will reduce the cost per meal by $2. If each member will still be charged $40, compute the contribution margin per pers..
What are the differences and similarities in audits of financial statement compliance audits operational audits?
The owner's equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year. The owner had made no additional investments and had withdrawn $19,000 during the year. The net income for the year amounted to ..
1. Calculate the return on equity for Abercrombie in 2012. (Enter your answers in millions, not in dollars. Round your answers to 1 decimal place.)
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