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kathleen battle corp it authorized to issue 10,000 shares of 8%, $100 par value preferred stock. and 500,000 shares of no par common stock with a stated value of $1 per share. issused 80,000 shares of common stock stock for cash at $5 per share.How do get the common stock selling prices. I know the journal enteries are cash is 80,000 x5 400,000.
dousmann corp.s sales slumped badly in 2014. for the first time in its history it operated at a loss. the companys
1. identify some common miscellaneous itemized deductions and identify any limitations that are imposed on the
Identify the major users of financial reporting and the types of information each will use.
Answer the following questions based on the 2011 annual report of Proctor & Gamble Corporation (P&G). A link to the annual report is provided below. The financial statements are on pp. 31-74 of the annual report, and all questions can be answered ..
sam weber finances a new automobile by paying 6500 cash and agreeing to make 40 monthly payments of 500 each the first
Off-Balance Sheet Financing and Bonds
Compute the total equivalent units of direct materials and conversion costs for October - The Mixing Department of Foods for You had 65,000 units to account for in October. Of the 65,000 units
On December 31, Year 5, Tasha sold the property for $102,000, after having taken $47,525 in MACRS depreciation deductions. What is the realized gain, recognized gain and character (1231 (capital) v. ordinary)?
the walliston group wg provides tax advice to multinational firms. wg charges clients for a direct professional time at
sue jaski supervisor of the karaki corporations machining department was visibly upset after being reprimanded for her
explain the term accounting equation? suppose your company sold 12000 in merchandise to a customer for cash. how does
Bob and Elizabeth, both 55 years old and married, sell their personal residence to Wolfgang in 2011. Wolfgang pays $660,000 and assumes their $90,000 mortgage. To make the sale they pay $20,000 in commissions and $10,000 in legal costs.
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