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1) A company buys a building with an appraised value of $100,000 for $30,000 cash and the assumption of a 25 year, 10% mortgage with a balance of $60,000
2) a publisher sells $2,000 in magazine subscription that will be filled over the next 12 months.
Please prepare the journal entries.
A cardinal (Richmondena cardinalis) of mass 3.80×10-2 kg and a baseball of mass 0.146 kg have the same kinetic energy. What is the ratio of the cardinal's magnitude p_c of momentum to magnitude p_b of the baseball's momentum.
Record the following transactions of a company in a general journal form: Reacquired 8,000 of its own $10 par value common stock at $40 cash per share. The stock was originally issued at $15 per share.
How would you define stress/adjustment disorders? What is an example of a stress/adjustment disorder? Is it possible to cure this disorder? If so, how? If not, why not?
Explain why is it important to be able to read facial expressions and how can you use the skill of reading facial expressions in the workplace and with working in teams?
assume you are 90 cm from a plane mirror. What area of the mirror is used to reflect the rays entering one eye from a point on the tip of your nose if your pupil diameter is 5.5 mm.
Stock A has an expected return of 10 percent and a beta of 1.0. Stock B has a beta of 2. Portfolio P is a two-stock portfolio, where part of the portfolio is invested in Stock A and the other part is invested in Stock B.
Pacific has the following account balances as of Feb 1. Western pays $2,020,000 in cash. An additional $20,000 is paid in direct combination costs. For each of the following accounts, determine what balance will be included in a Feb 1 consolidatio..
What is the Nanotechnology, and identify the cultural factors that may contribute to the success or failure of this technology.
Explain How can you tell whether the firm is operating in a market that is purely competitive and What relationship exists between average revenue and marginal revenue?
Name and describe at least three psychological disorders that can be a reaction to stress and provide examples of each.
Assuming the City maintains it books and records in a manner that facilitates the preparation of the fund financial statements, prepare journal entries, in the Debt Service Fund, for the following transactions.
Sabonis Corporation reported net income of $400,000 in 2008 and had 50,000 shares of common stock outstanding throughout the year.
The corporation elected S corporation status at the starting of 2011. On February 13, 2012, the property was sold for $40,000, payable in 4 yearly instalments of $10,000 plus interest. What is the amount of ordinary income to be reported from the s..
In 400 words describe brainstorming risk management techniques and the rationale behind selecting brainstorming risk management technique.
Suppose a consumer has a daily income of $100 and purchases just two goods A and B. The price of good A is $5 and the price of good B is $4.
Classify the controls that you just identified above as either preventive, detective, or corrective controls. How does the matter of accountability (tracing transactions to specific agencies) affect the problem?
The company's net income for the year was $12,000 higher under variable costing than under absorption costing. Given these facts, the number of units of product in inventory at the beginning of the year must have been:
During the year, Xero, Inc., experienced increase in net fixed assets of $300,000 and had depreciation of $200,000. If operating cash flow (OCF) for the year was $700,000, compute firm's free cash flow (FCF) for the year.
Record the payroll for the two employees at December 31 and record the employer's share of payroll tax expense for the December 31 payroll. Two journal entries required.
Assume that Smith & Smith CPAs audited Apollo shoes. Inc last year Now CEO Larry Lancaster wishes to engage Anderson, Olds, and Watershed, CPAs (HOW) to audit its annual financial statements.
Illustrate out the some contemporary trends in global value chain management? How does the use of a global monetary unit (e.g., Euro or single currency) affect global value chain management?
Describe different revenue recognition methods under GAAP and IFRS. Define ADR firms.
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