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Write a 750 - 1250 word paper on the following topic:
Question 1: Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.
Other date is listed below. Make a financial analysis and decide if a replacement is worth it. Lifespan of electric system=10 years and salvage S=0; Lifespan of the absorption system is 20 years and S=0(even after 10years)
The following transactions were completed by The Irvine Company during the current fiscal year ended December 31: Feb. 8 Received 40% of the $18,000 balance owed by DeCoy Co., a bankrupt business, and wrote off the remainder as uncollectible. Determi..
calculation of carrying amount of an asset.1.water company owns 80 percent of fire companys outstanding common stock.
Installed an escalator at a cost of $ 17,500 in a three- story building that had been used for some years without elevators or escalators.
determine the unit costnbsp from the given data.javadi company makes a composting bin that is subject to wide seasonal
Vanproosdy Inc., which uses job-order costing, has provided the following data for February: Direct materials. $78,000 Direct labor cost $94,000 Manufacturing overhead cost incurred $54,000 Manufacturing overhead cost applied. $50,000 Inventories: Th..
Imagine that you own one of two businesses: a legal service business or a business that handles investments. Select one of the listed businesses and consider whether or not you would elect S corporation status for that business.
Prepare a classified balance sheet for B&L Landscapes, Inc. for July 1, 2014. Prepare the Stockholders' Equity section of the balance sheet for June 30, 2015.
A labour-intensive production unit operating a standard absorption cost accounting system provides the following information for period 10:
Annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.
Prepare the journal entry to record the shipment of goods to Pina. The goods cost Blossom $19,570 and Blossom uses a perpetual inventory system.
Prepare a worksheet to consolidate these two companies as of December 31, 2015. (For accounts where multiple consolidation entries are required.
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