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Question - Several accounts and amounts from the financial statements of a recently opened Blue Rifle Coffee appear below for the year ending December 31, Year 1.
Equipment 43,600
Cash 10,600
Dividends 12,000
Common stock 50,000
Retained earnings 37,000
Accumulated depreciation 17,000
Note payable, due 12-31-Yr 5 $30,000
Other operating expenses 6500
Sales revenue 120,000
Cost of goods sold 48,000
Buildings 57,500
Salaries expense 11,300
Inventory 7,200
Accounts receivable 3,900
Accounts payable 5800
Use the information provided to determine the answers to the following question: Create an income statement for Year 1 for Blue Rifle Coffee.
Research one (1) publicly traded company that committed fraud within the last five (5) years and the fundamental drivers of the fraud.
Prepare the journal entries necessary to record goodwill. After goodwill has been recorded, what were the individual capital balances of the original partners?
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the red white amp blue partnership was begun with investments by the partners as follows red 129000 white 159000 and
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A local church is studying the amount of offerings in an envelope from their early Sunday mornings services. The church studied 500 envelopes and found the following:
Prepare comparative statements of shareholders' equity for Branch-Rickie for the three-year period ($ in 000s)
Gladys owns a retail hardware store in Tangipahoa. She is considering opening a business in Hammond, a community located 25 miles away. She incurs expenses of $60,000 in 2010 in investigating the feasibility and desirability of doing so. What amou..
Assume that at the beginning of the year, the pound's value is in equilibrium. Assume that over the year the British inflation rate is 6 percent, while the U.S. inflation rate is 4 percent.
With respect to the Single Audit Act of 1984 and amendment of 1996 relating to state and local governments and not-for-profit organizations.
wilson owned equipment with an estimated life of 10 years when it was acquired for an original cost of 80000. the
The rest remained in finished good inventory. Use this information to determine the dollar amount of the total depreciation
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