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An analysis of Goulding, Inc., disclosed changes in account balances for 2011 and the following supplementary data. From these data, calculate the net income or loss for 2011.
Goulding sold 4,000 shares of its $5 par stock for $8 per share and received cash in full. Dividends of $20,000 were paid in cash during the year. Goulding borrowed $40,000 from the bank and made interest payments of $5,000. Goulding had no other loans payable. Interest of $2,000 was payable at December 31, 2011. There was no interest payable at December 31, 2010. Equipment of $15,000 was donated by stockholders during the year.
During this year, Topflight purchased $8,250 worth of store supplies. On December 31, $1,125 worth of store supplies remained. Calculate amount of Topflight Company's store supplies expense for the current year.
What could be the cost of the ending inventory
What is wrong with the president's calculation and What are the fixed and variable costs of operating the university?
three 3 personal trainers at an upscale health spa resort in sedona arizona want to start a health club that
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quince interests is a partnership with a tax year that ends 30th september 2012. during that year potter a partner
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