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During September, the capital expenditure budget indicates a $420,000 purchase of equipment. The ending September cash balance from operations is budgeted to be $60,000. The company wants to maintain a minimum cash balance of $30,000. What is the minimum cash loan that must be planned to be borrowed from the bank during September?
During the year 3, Gruber paid out $20,000 in benefits and continued to contribute $70,000 to the plan. The plan assets had a fair market value of $377,000. What was the amount of the return on plan assets in year 3?
research and development lo10-8in 2013 space technology company modified its model z2 satellite to incorporate a new
Why are revenue recognition methods so subjective and what are the implications to the quality of the income statement?
in your research you found significant conflicting issues between global reporting standards. these affect every audit
access the financial statements and related disclosure notes of google inc. from its website at investor.google.com. in
If the pre-determined overhead rate is based on direct labor-hours,the the estimated direct labor -hours at the beginning of theyear used in the pre determined rate must have been:
Stan and Ollie are partners who share income in the ratio of 2:3 and have capital balances of $50,000 and $30,000 respectively. Ray is admitted to the partnership and is given a 40% interest by investing $20,000. What is Stan's capital balance aft..
speed world cycles sells high-performance motorcycles and motocross racers. one of speed worlds most popular models is
The mixing department to the packaging department in May - record the transfer of costs from the packaging department to Finished Goods Inventory in May.
However, Judy paid him $55,000 rather than $33,000. Judy is on the cash method and calendar year, and she wants to know what amount of these expenditures is deductible as business expenses.
Create a situation or scenario in which it may be appropriate to recognize revenue as the productive activity takes place. State whether or not there are any other times appropriate for recognizing revenue. Provide a rationale with your response.
To what extent might companies use of these different treatments reduce the comparability of the resulting financial statements?
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