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Let's discuss the difference between bonds and note payable. How do we account for bonds when they are issued a par, at a premium, and out a discount? what are the required disclosureres for notes and bonds payable?
The SEC and its European equivalent are trying to merge their respective views of GAAP (Generally Accepted Accounting Principles). What are the easy points and what are the stumbling blocks?
identify the costs of issuing equity, as well as any advantages and disadvantages of engaging in this process. Also isolate 2 primary compliance requirements, specifically those indicated by the SEC for an initial public offering to which the firm..
describe the term balance sheet. why is this statement important to the company creditors and
pike seafood company purchases lobsters and processes them into tails and flakes. it sells the lobster tails for 19.9
Prepare a journal entry to account for the payment to the retiring partner including bonus to or from the remaining partners. Include a narration.
Compute the East Division's ROI for last year; also compute the ROI as it would appear if the new product line is added and compute the East Division's residual income for last year; also compute the residual income as it would appear if the new pro..
An engineering firm is evaluating their back charges, and from this they claim that their average back charge is $1800. They randomly select 42 customers, and calculate the sample mean back charge to be $2010.
For Savage Inc. variable manufacturing overhead costs are expected to be $20,000 in the first quarter of 2005 with $2,000 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $35,000 in each quarter. Prepare..
Circle Corporation makes a product that sells for $400 per unit. The variable costs to make this product are $220 per unit. Fixed costs total $750,000 for the year. Circle currently sells 5,000 units each year.
Following is the 2006 balance sheet for Sumi Industries. Complete the balance sheet by using the information that follows it.
the following selected transactions were completed by yukon supply co. which sells office supplies primarily to
You are an accountant at Evergreen, Inc and your boss (the CFO) has asked you to prepare the company's statement of cash flows for an upcoming shareholders meeting.
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