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Refer to the transactions in the previous probelm.
1. Prepare the journal entries for the university to make in its governmental fund (e.g., its general fund or a capital projects fund).
2. How would you recommnd that the university maintain accounting control over the capital assets themselves - those that you did not record as assets in the governmental funds?
stanford issues bonds dated jan 1 2010 with a par value of 500000. the bonds annual contract rate is 9 and interest is
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Prepare an income statement for this current year using the variable costing income statement.
august 5th. a small ofice building is purchased for 320000 by paying 3200 down and taking out a fifteen-year 4 288000
Simplex estimates that 11,700 direct labor and 14,300 machine-hours will be worked during the year. If overhead is applied on the basis of machine-hours, the overhead rate per hour will be:
montour company has determined a standard variable overhead rate of 2.40 per direct labor hour and expects 1 labor hour
What are some of the accounting issues that the city faces when accounting for defined benefit plans as compared to a defined contribution plan?
you buy a 6 year 8 cd for 1000. interest is compounded annually. how much is it worth at
the standard cost of product b manufactured by mit company includes 3.00 units of direct materials at 5.00 per unit.
moreau lock amp key ltd. has a hefty investment in security equipment as reported in the companys balance sheet at
why is it important for an accounting system to force the user to add a vendor to the system instead of just typing out
formation of a partnership. on may 31 six brothers decided to form the grimm brothers partnership to publish and print
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