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Cambria owns equipment that cost $93,500 with accumulated depreciation of $64,000. Cambria asks $35,000 for the equipment but sells the equipment for $33,000. Compute the amount of gain or loss on the sale.
youve just been hired onto abc company as the corporate controller. abc company is a manufacturing firm that
lovitz company is planning to produce 2500units of product in 2008. each unit requires 3 pounds of materials at 7 per
below is information on total assets for various funds of the city of dublin all amounts are in thousands of
1. what are examples of irregular items?2. how does a change in accounting principles affect the financial
a company expects its september sales to be 15 higher than its august sales of 140000. purchases were 75000 in august
Suppose fixed- and variable-cost pools were allocated separately. Specify how each pool should be allocated. Compute the cost allocated to the Public Works Department in August.
Remy's lawyers were successful, and the remaining years of benefit from the patent were estimated to be six years. The patent amortization expense for 2014 is
nbspon january 1 2011 the xgx company entered into a lease for equipment for use in its factory from the xgz leasing
harold and betty factory workers who until this year prepared their own individual tax returns purchased an investment
cecil c. seymour is a 646-year-old widower. he had income for 2013 as followspension from former employer 39850interest
Determine sales and gross profit given cost of goods sold was $622,000 and net loss was ($41,000).
sanchez co. enters into a contract to sell product a and product b on january 2 2014 for an upfront cash payment of
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