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Norr and Caylor established a partnership on January 1, 2013. Norr invested cash of $100,000 and Caylor invested $30,000 in cash and equipment with a book value of $40,000 and fair value of $50,000. Make the journal entry for the investment.
in a metal fabrication process metal rods are produced to a specified target length of 15feet.suppose that the lengths
The Ness Company sells $5,000,000 of five-year, 10% bonds on January 1, 2011. The bonds have an effective yield of 9%.
Which of the following is not a business transaction? a) Erin deposits $15,000 in a bank account in the name of Erin's Lawn Service. b) Erin provided services to customers earning fees of $600.
On December 31, 2008, a physical count of office supplies revealed that there was $700 worth on hand. As a result of this information, the bookkeeper will have to
In May of 2011, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2011, the environmental attorney for Raymond indicated that an unfavorable outcome to the dispute was probable.
information from the chatham company is given below in 000s for this period sales
Samantha's Design Studio showed office supplies available of $700. A count of the supplies left on hand as of June 30 was $400. The adjusting journal entry is:
With the class divided into groups, answer the following questions as if you were the chief financial officer for Harris Corporation - What does the cumulative provision related to the preferred stock mean?
Prepare the entry to record the absorption of Havens' capital deficiency by the other partners and the distribution of cash to the partners with credit balances.
kate greenway corporation having recently issued a 20141000 15-year bond issue is committed to make annual sinking fund
The accounting firm of T, W & S was engaged to perform an audit of Progate Manufacturing Company. During the course of the audit, T, W & S discovered that the company had overvalued its inventory by carrying the inventory on its books at the p..
1.which warranty cannot be disclaimed?nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp a.
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