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Small businesses use various Accounting software packages whereas large organizations have customized software as part of their Enterprise systems. Who are some of the providers of small business accounting software? What is the software package? How do their pricing structures compare? Have you ever used any of these packages in the past?
Note: This blog addresses the Curriculum requirement: Evaluate accounting & business software packages
Wilson Owen manages administrative operations for a major medical center in Houston, Texas. In response to the rising cost of health care, he is always looking for ways to save money. How should Wilson proceed? Should he act in the best interest of t..
A stock dividend of 10,000 shares of Maloney Corporation common stock was distributed to common stockholders on April 1, 2012, when the per share market price was $7 and par value was $1.
Prepare the journal entries to record the events - The issuance of the bonds and the accrual of interest on December 31, 2007.
Sheldon had acquired all of his shares 10 years ago at a cost of $100 per share. What are the tax consequences to Sheldon and Hawk Corporation as a result of the stock redemption?
Determine Sporting's pension expense for 2013 and prepare the appropriate journal entries to record the expense as well as the cash contribution to plan assets.
question 26 pepsico inc. the parent company of frito-lay snack foods and pepsi beverages had the subsequent current
Flip Company sells TVs. The perpetual inventory was stated as $38,500 on the books at December 31, 2014. At the close of the year, a new approach for compiling inventory was used and apparently a satisfactory cut-off for preparation of financial stat..
JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures?
A corporation had 18,500 shares of $5 par value common stock outstanding when the board of directors declared a stock dividend of 6,845 shares. At the time of the stock dividend, the market value per share was $19.
Red back Networks Inc. a subsidiary of Ericsson, provides networking services and related systems for 75 percent of the world's largest telephone companies. Assume that it is developing a networking system for smaller, private telephone companies. wh..
At this date, Rya's common stock was selling for $36 per share, and the convertible preferred stock was selling for $27 per share. What amount of the proceeds should be allocated to Rya's convertible preferred stock?
Improvement to a machine that increased its fair market value and its production capacity by 30% without extending the machine's useful life.
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