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Complete the following practice exercises from Chapter 1 and 2 and submit them to your instructor. This assignment will be graded as a completion only to allow you to transition into the subject matter during the first week. The instructor will post the answers to these exercises by the end of Day 6 for you to check your accuracy and comprehension on the subject matter. Exercises: 1-2, 1-4, 1-9, 1-12, 1-18, 2-1, 2-3, 2-19, 2-22, 2-25.
On January 1, 2010, the Somerville Corporation sold a used truck to the Cornelius Company and accepted a $28,000 non interest bearing note due January 1, 2013.
Prepare a short memo from giving your recommendations as to the proper reporting of the earthquake damage costs in the income statement for the year ending august 4, 1990.
Expenses totaled $624,000, and accrual basis net income was $168,000.
farber corp. a distributor of her-based sunscreen is ready to begin its 3-quarter in which peak sales occur. the
miller metal company makes a single product that sells for 32 per unit. variable costs are unit abd fixed costs total
Olympic Enterprises had the following inventory data
a small mill town in georgia has a clothing factory that employs about 35 of the working population. many years ago a
go to sec web site httpwww.sec.gov under filings and forms edgar click on search for company filings. click on
Ruby Ruth Hospital had the following transactions during the year ended December 31, 2012. Prepare journal entries to record these transactions, and state the amount that Ruby Ruth Hospital would report as net patient service revenue in its operat..
The beginning inventory was 300 units at a cost of $10 per unit. Goods available for sale during the year were 1,300 units at a total cost of $14,400.
a firm acquires a machine for 177600. it expects the machine to last six years. estimated salvage value is 9600 at the
many companies publish their annual reports on their website usually in an investor relations section. visit several
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