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Determine a petty cash fund? List two ways a business would maintain controls over Petty Cash? List TWO procedures you might suggest to your manager regarding Petty Cash.
compute the inventorial costs for the year.
National Credit and Cash purchased a general liability insurance policy for $2,400 for coverage for the calendar year. The entire $2,400 was charged to Insurance Expense on January 2, 2010. If the firm prepares monthly financial statements, the pr..
Buttercup company 12% bonds, par $50,000, dated March 1, 2010, purchased at par plus accrued interest, interest payable annyally on March 1, due March 1 2030 was 52,000. Prepare the entry to accrued interest on December 31,2010?
Critique the benefits and drawbacks of proprietorships and partnerships as a form of business organization.
How has public criticism of the Public Accounting Profession contributed to workplace deviance? What solution are there to decrease deviance in public accounting firms? At least 150 words, thanks for your help in this matter.
Landon paid $20,000 in dividends to each of the two stockholders in each of the three years. Prepare a statement of retained earnings for the year ended December 31, 2010.
It is sometimes said that in debt service funds, the accounting for interest revenue is inconsistent with that for interest expenditure. Explain. What is the rationale for this seeming inconsistency?
Evaluate the GASB's views regarding how the total pension liability should be measured and whether or not you support these views? Explain your rationale.
Identify situations that might lead to unethical practices and behavior in accounting. Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?
what are the four primary financial statements? explain in your own words what information is shown in each financial
At the time Silver is acquired by Gold, the accumulated earnings and profits of Silver are $100,000 and Gold s are $50,000. How does Alluvia treat this transaction for tax purposes?
Write a strategy on how GM should operate its financial aspect of the company to improve sales.
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