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On Jan 1st you paid $696 to get a seies of cash flows that will be paid at the end of each quarter in the amounts of 149, 251, 120 and 220. At 12.00% compounded monthly, is this a good deal and how do you know?
Prepare the journal entry to record the first semiannual interest payment and amortization of any discount or premium assuming it uses the straight-line method.
At the end of the period, the factory overhead control account for Department A had a debit balance of $260,000; actual direct labor hours were 63,000. What was the under- or over applied factory overhead for the period
pratt inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is
Calistoga Produce estimates bad debt expense at 1/2% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650 respectively, at December 31, 2010. During 2011, Calistoga's credit sale..
On September 15, the City decided to borrow $200,000 in 90 day tax anticipation notes to cover operating expenditures until the tax revenues are collected. The journal entry on September 15 to record the issuance of tax anticipation notes will inc..
stine company purchased machinery with a list price of 64000. they were given a 10 discount by the manufacturer. they
The following January, Shaver announced a $100,000 net income for 2011 and declared a cash dividend of $.50 per share on its 100,000 shares of outstanding common stock. The Northwick Company dividend revenue from Shaver Corp. in January 2011 would..
Evaluate taxable income and income taxes payable. Prepare the journal entries for income tax expense, income taxes payable, and deferred taxes.
Assuming no other changes, the effect, when moving from the change in fund balances in the governmental funds Statement of Revenues, Expenditures and Changes in Fund Balances to the change in net assets for governmental activities in the Statement..
on september 17 2013 ziltech inc. entered into an agreement to sell one of its divisions that qualifies as a component
mr. man has been working for a trading company as a sales manager for many years. his current monthly salary is 20000.
What auditing failures evident in the failure of Enron and how would these failures have contributed to the overall collapse of the company?
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