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1. Journalize the following transactions of Funhouse Productions:
July 8. Received a $120,000, 90-day, 8% note dated July 8 from Mystic Mermaid Company on account.
Oct. 6. The note is dishonored by Mystic Mermaid Company.
Nov. 5. Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Mystic Mermaid Company on October 6.
wadjase corp prepared a master budget that included 17800 for direct materials 28000 for direct labor 15000 for
assume that kelly giard of clean air lawn care decides to launch a new retail chain to market electrical mowers. this
on july 1 2010 spahn co. pays 18000 to randle insurance co. for a 3-year insurance contract. both companies have fiscal
Determine pension expense for the year. Prepare the journal entries to record pension expense and funding for the year.
james corp. manufactures ad 234 in its brandon division. this output is sold to the micha division as raw material in
Identify the primary benchmarks to assess success or failure
Excluding the cost of the machinery, additional operating costs are expected to be $15,000 per year. If the firm requires a minimum 12% return on its investment, what is the maximum price the company can pay for this equipment?
the beginning inventory at keats office supplies and data on purchases and sales for a three-month period are as
jaworskias ski store is completing the accounting process for its first year ended december 31 2013. the transactions
This estimate doesn't take into account social gains, like better health and less crime." Why are even standout kindergarten teachers paid salaries much lower than $320,000?
indicate by letter whther the action listed will immediatelyh increase i decrease d or have noe effect n on the ratios
Shelly offers to sell Jane goods both parties know are stolen. Jane accepts the offer, and agrees to pay for the goods. Later, Jane refuses to accept or pay for the goods. If Shelly sues Jane for breach of contract, what is the probable result?
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