Solution-Kemper company signed a long term non cancelable

Kemper company signed a long term non cancelable

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Reference no: EM131117323

1. Kemper Company signed a long-term non-cancelable purchase commitment with a major supplier to purchase raw materials in 2011 at a cost of $1,000,000. At December 31, 2010, the raw materials to be purchased have a market value of $950,000. Prepare any necessary December 31 entry.

Reference no: EM131117323

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Kemper company signed a long term non cancelable : Kemper Company signed a long-term non-cancelable purchase commitment with a major supplier to purchase raw materials in 2011 at a cost of $1,000,000.

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Kemper company signed a long term non cancelable

Reference no: EM131117323

Reference no: EM131117323

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