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On August 31, 2010, a company purchased 10,000 shares of stock for $30 per share. Management recorded the stock in the securities available for the sale portfolio. The following information pertains to the price per share of stock: Price 12/31/2010 $35 12/31/2011 $34 12/31/2012 $37 Prepare journal entries for the investments in SAS and the Net Realized losses/gains for each date given. Then compute the balance in the Net Unrealized Losses/Gains.
describe the schedule of cost of goods manufactured. how does it tie into the income statement? explain. give examples
the lansing community college registrars office is considering replacing some canon copiers with faster copiers
juornalize the entries to record the follwing selected transactions of supernatural grave markers inc.april 15. paid
two sinusoidal waves traveling in opposite directions interfere to produce a standing wave with the following wave
on july 1 2011 atwater corporation issued 2000000 face value 10 10-year bonds at 2271813.this price resulted in an
assume that in recent years both expected inflation and the market risk premium rm ? rrf have declined. assume also
paul woonan a self employed accountant is married and enrolls in a non-group health insurance plan. the plan costs 7710
discuss why it is necessary for accountants to assume that an economic entity will remain a going concern. if an entity
activities that involve the production or purchase of merchandise and the sale of goods and services to customers
eleby company has gathered the following information. units in beginning work in process 0 units started into
Alice purchased office furniture on September 20, 2010, for $100,000. On October 10, she purchased business computers for $80,000. Alice did not elect to expense any of the assets under sect; 179. Determine the cost recovery deduction for the busi..
motor company manufactures 10000 units of part m-l each year for use in its production. the following total costs were
progo plans to sell 1200 carriers next year and has budgeted sales of 48000 and profits of 20000. variable costs are
deschambault inc. is working on its cash budget for december. the budgeted beginning cash balance is 21000. budgeted
stallman company took a physical inventory on december 31 and determined that goods costing 261370 were on hand. not
Calculate the following variances: Direct manufacturing labor rate variance, Direct manufacturing labor usage variance, Direct materials price variance (how we did it in the chat session), Direct materials usage variance
the steps in the accounting cycle for a merchandising company are different from the accounting cycle for a service
Prepare the journal entries for sales receivable
distinguish between product costs and period costs. define both types of costs and provide
on december 31 there were 116 units remaining in ending inventory. these 116 units consisted of 20 from january 22 from
carter co. sells two products arks and bins. last year carter sold 14000 units of arks and 56000 units of bins.
the standard materials cost to produce one unit of product m is 6 pounds of material at a standard price of 50 per
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