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After reflecting on what you have learned and how you have benefited by taking AC300 Intermediate Accounting I, write a minimum one page response to the questions below. Make sure to address the critical elements so you will be successful in completing this assignment.
Please answer the following questions in your paper:
1.Reflect and describe which key concepts and topics in this course have made you a stronger candidate to enter the business world.2.Discuss how this course has affected you in your professional development as a student and as a person as well as encouraging you on your academic path.
How do you handle non-collectible accounts and What happens to your books
What is the promotional expence that Drew-Richards should report on its 2011 income statement? What is the premium liability that Drew-Richards should report in its 2011 balance sheet?
Calculate the accounting rate of return on this investment for the first year. Assume straight-line depreciation. Based on this analysis, would the investment be made? Explain your answer.
What types of costs are included in raw material inventory, work-in-process inventory, and finished goods inventory?
johnson enterprises inc. is involved in the manufacture and sale of electronic components used in small amfm radios.
Determine the accounting principles (GAAP) the foreign and domestic companies use to prepare financial statements.
in the following independent situations indicate the effect on taxable income and e amp p stating the amount of any
you just signed a consulting contract that will pay you 38000 52000 and 85000 annually at the end of the next three
FASB allows companies to use either the indirect or direct method in reporting operating cash flows. Note that both methods produce the same total cash, and that the financing and investing sections are exactly the same for both methods. Do the tw..
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what is a liquidating distribution? what is a nonliquidating distribution? provide an example of each.what is an
rachel robertson wishes to use mean-per-unit sampling to evaluate the reasonableness of the book value of the accounts
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