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Garber plumbers offers a 20% trade discount when providing $2000 or more of plumbing services to its customers. In march 2012, garber provided $4000 of plumbing services to red oak, inc. and $1500 of services to cyril, inc. Each of these customers was granted credit terms of 2/10, net 30. if both customers paid for the plumbing services within the discount period, what was the net sales figure for these two transactions?
Interest computed on the average accumulated expenditures for the warehouse construction was $50,000. What amount of interest should Liddy expense for the year?
safe travel produces car seats for children from newborn to 2 years old. the company is worried because one of its
At an activity level of 9,600 machine-hours in a month, Montgomery Corporation's total variable production engineering cost is $402,336 and its total fixed production engineering cost is $570,240.
Prepare Trading and Profit and Loss Account and Balance Sheet from the following particulars as on Mar 31, 2009.
William Nowland's filing status is qualifying surviving spouse. His taxable income for 2009 is $76,000. Included in that amount is $5,000 of qualified dividends. How much federal income tax does he have to pay for the year?
global marine obtained a charter from the state in january 2013 which authorized 1000000 shares of common stock 5 par
Gibbs Company has a contribution margin of $150,000 and a contribution margin ratio of 30%. How much are total variable costs?
the conversion of preferred stock may be recorded by thea. market value method.b. par value method.c. book value
zodiac company has decided to introduce a new product which can be manufactured by either a computer-assisted
At the December 31, 2010 balance sheet date, Unruh Corporation reports an accrued receivable for financial reporting purposes but not for tax purposes. When this asset is recovered in 2011, a future taxable amount will occur and
Which of the following is the correct sequence of events?
The journal entry to record the flow of costs into Department 2 during the period for direct materials is:
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