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Kerry Corp purchased a used bottling machine from Bob's Bottling Inc. on Jan 1, 2012 for $2100000. Bob accounted for the sale correctly under the installment sales method. It had a book value of $1575000. Kerry paid with $300000 cash and a note for $1800000 with an annual interest of 10%. Kerry agreed to make equal annual payments of $600000. Kerry Corp made their first payment on Jan 1, 2013 of $780000 which included interest of $180000 to date of payment.
prepare the general journal entry to update depreciation to july 1 2009. 2. prepare the general journal entry to record
having trouble with finding inventory results because im not sure where the 14000sold it for 25000. material cost
danson iron works inc. manufactures angular contact ball bearings for pumps that operate in harsh environments. if the
pooh wants to purchase a car on jan 1 20x5. she plans to make five payments of 700 each year beginning jan 120x0 in a
What is the depreciation for 2007, if Baldwin Corporation uses the asset 9,100 hours and uses the units-of-production method of depreciation?
What is her income and what is her basis in these last 150 shares?
Your girlfriend just won the Florida lottery. She has the choice of $16,600,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity?
A company that provides training, certification and consulting services to commercial, government, and non-profit organizations in applying best practices in balanced scorecard (BSC), strategic performance management and measurement, and transform..
a product sells for 240 per unit and its variable costs per unit are 162. the fixed costs are 428000. if the firm wants
coffey company maintains a very large direct materials inventory because of critical demands placed upon it for rush
A company expects to begin the coming year with 6,000 ceramic pots in finished goods inventory. It expects to sell 85,000 ceramic pots and end the year with 8,000 pots in the finished goods inventory. Four pounds of clay go into each ceramic pot. The..
you are engaged in your first audit of pesky pest control pty ltd for the year ended 30 june 2012. the company began
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