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An arson destroyed inventory in company warehouse and is in the process of filing a claim with ins co. for inventory loss due to fire given beg inventory 300,500purchases through 9/30 500,250Net sales revenue through 9/30 875,200
Mark-up on cost: 50% Estimate the value of the inventory destroyed in the fire using the gross margin method.The coursepack supplies the answer but I am unable to solve for the correct answer.
bond amortization schedules on january 1 2013 joshua jackson company issued 12 100000 face value bonds for 103545.91 a
Compute the consolidated gain or loss on a consolidated income statement for 2009.
On the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments would be:
arnold co. hues a job order cost accounting system. four jobs were started during the current year. the following is a
entry for uncollectible accounts traditional bikes co. has determined that the proper balance for the allowance for
The Bryan company issued $500000 of 10% face value bond on January1,2010 for$486,000.The bond are due Dec 31,2012, and pay interest semiannually on june 30, and Dec 31.the company use the straight line amortization method.
auerbach enterprises manufactures air conditioners for automobiles and trucks manufactured throughout north america.
if the sales manager accepts a rush order that will result in higher than normal manufacturing costs, these additional costs are charged to the sales manager because the authority to accept or decline the rush order was given to the sales manager...
mayfield company expects to have a cash balance of 46000 on january 1 2010. these are the relevant monthly budget data
amazon beverages produces and bottles a line of soft drinks using exotic fruits from latin america and asia. the
topper toys has developed a new toy called the brainbuster. the company has a standard cost system to help control
citrus company is considering a project that has estimated annual net cash flows of 26625 for seven years and is
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