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A local bank reported that it lost $150,000 as the result of employee fraud. Doug Steeber is not clear on what is meant by "employee fraud." Explain the meaning of fraud to Doug and give an example of fraud that might occur at a bank.
buzz inc. has 8000 shares of 5 50 par cumulative preferred stock and 50000 shares of 3 par common stock outstanding. no
i-time inc produces electronic timepieces. the company uses mini-lcd dispalys for its products. each time piece uses
On January 1, 2010, Branson Designers issued $900 Million of its 8% bonds $836 million. The bonds were then prices to yield 10%. The interest will be payable on June 30 and December 31.
1. in 2013 rocio invested 30000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000
munoz corporation uses activity-based costing to determine product costs for external financial reports. at the
stan loy owns the vista barber shop. he employs 5 barbers and pays each a base rate of 1070 per month. one of the
superior developers sells lots for residential development. when lots are sold superior recognizes income for
horace corporation has 200000 of convertible 5 bonds. each 500 bond is convertible into 50 shares of common stock. the
danford trucking purchased a tractor trailer for 147000. danford uses the units-of-activity method for depreciating its
you are an accountant in a medium-sized manufacturing company. you have been asked to mentor an accounting clerk who is
The truck was assigned an estimated useful life of 100,000 miles and has a residual value of $10,000. The truck was driven 18,000 miles in 2008 and 22,000 miles in 2009. Compute depreciation expense using the units-of-activity method for the years..
what is the cost of the raw materials requisitioned in June for each of three jobs?
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