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Accounting discussion board
Select one of the following independent cases. Each student should select a different case. For the case you select, discuss whether you agree or disagree with the position taken by the company or individual. Use generally accepted accounting principles in defending your position.
Ms. Carter, president of a company that manufactures specialty food items, states:
We shall have no difficulty in paying for our new plant assets needed during the coming year because our estimated outlays for new equipment amount to only $80,000 and we have more than twice that amount in our accumulated depreciation account at present.
Differentiate between the accumulated benefit obligation and the projected benefit obligation.
1 vincent pays 20000 for equipment to use n his trade or business. he pays sales tax of 800 as a result of the
sweeten company had no jobs in progress at the beginning of march and no beginning inventories. it started only two
Discuss various situations in which a government has fiduciary responsibility but does not report them in fiduciary funds.
One idea that the consultant had was to reduce prices to bring in more customers. If average prices were reduced ten percent (10%), and the number of sales tickets (unit sales) increased to 7,500, would the company's income be increased? With prices ..
What happens to the fundamental accounting equation when the sole proprietor of a business invests more cash in it
Primrose Corp has $15million of sales, $2million of inventories, $3million of receivables and $1million of payables. Its cost of goods sold is 80% of sales and it finances working capital with bank loans at an 8% rate. What is Primrose's cash convers..
renee manufactured and sold a gadget a specialized asset used by auto manufacturers that qualifies for the domestic
the cash account for bonita medical co. at september 30 2008 indicated a balance of 533530. the bank statement
adiscuss why an investor may arrive at the conclusion that the financial statements of entities operating in service
A sporting goods store with sales for the year of $400,000 and other income of $ 32,000 has operating expenses of $132,000. Its cost of goods sold is $207,000. What are the gross margin, operating profit and net profit in dollars?
You Would like to make 43 equal payments over the next 21 years (The first payment to be made immediately all other payment to be made at 6 month internals, with the final payment to be made at he 21st. birthday. So that you will be able to cover ..
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