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Olive Enterprises experienced the following events during 2012. 1. Acquired cash from the issue of common stock. 2. Paid cash to reduce the principal on a bank note. 3. Sold land for cash at an amount equal to its cost. 4. Provided services to clients for cash. 5. Paid utilities expenses with cash. 6. Paid a cash dividend to the stockholders. Explain how each of the events would affect the accounting equation by writing the letter I for increase, the letter D for decrease, and NA for does not affect under each of the components of the accounting equation.
Heather Bailiff is the new owner of Ready Parking. She has heard about internal control but is not clear about its importance for her business. Explain to Heather the two purposes of internal control and give her one application of each purpose fo..
issue price of a bond lunar inc. plans to issue 500000 of 10 bonds that will pay interest semiannually and mature in 5
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Record each transaction in journal form and post to the appropriate accounts in the ledger. Prepare a Trial Balance for January 31, 2008.
labor costs of an auto repair mechanic are seldom based on actual hours worked. instead the amount paid a mechanic is
Difference between the Cost of Capital and the Cost of Finance in your own words and no website copying is allowed?
What is the time for a new employee to build 16 units with this learning curve using the cumulative average-time method? You may use an index of -0.1520.
Calculate the predetermined overhead rate, calculate the overhead applied and determine the amount of overhead
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the beginning balance iif retained earnings is 30000 and the ending balance if retained earnings is 38000 . if
residents of green acres a gated community located in the city of foothills voted to form a local improvement district
riko companys standard labour cost of producing one unit of product kk is 3.10 hours at the rate of 10.00 per hour.
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