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Question - On Jan 2, 2017, the first year of operations, Alpha corp., issued 15,000 shares of $10 par value common stock for $15 per share. On Jul 1, 2017, alpha corp., 1,000 of these shares were reacquired for $20 each. On Sept 1, 2017 Alpha corp reissued 500 shares of its treasury stock for $22 per share. No other stock transactions occurred during the rest of fiscal year 2017. From this information determine the dollar amount that alpha will report on its final year balance sheet.
Installment sales with no reasonable basis for estimating the degree of Collectibility?
1.all of gaylord companys sales are on account. thirty-five percent of the credit sales are collected in the month of
the standard cost of product b manufactured by tlc company includes 3 units of direct materials at 6.45 per unit.
Irwin purchases $7,000 of merchandise from Stamford on December 16, 2011. Stamford accepts Irwin's $7,000, 90-day, 12% note as payment.
What is the total amount of current liabilities at December 31,2013?
Accelerated depreciation had been taken on the building, but the building is now fully depreciated
Identify characteristics that distinguish NFP from business enterprises. Specifically identify, from most important to least important, five accounting issues relevant to NFP financial reporting and explain your rationale by reference to existing ..
Compare and contrast the accounting reporting criteria-including regulatory environment, issues with foreign currency, differences in GAAP, and any others-of a U.S. company with a foreign company.
Evaluate the alternatives from the perspective of Amber, Inc. Prepare a letter to Ambers board of directors that contains your recommendations
parron company sets price equal to cost plus 60. recently parron charged a customer a price of 42 for an item. what was
state the section of the statement of cash flows prepared by the indirect method operating activities investing
For each factor identified, briefly discuss the importance of the item to the overall account estimate. For example, how important is the interest rate assumption to the overall estimate of the pension liability.
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