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On july 1 2012 a company loaned a key supplier 75000. A promissory note was signed and issued and due in 8 months from may 1st. The supplier agreed to pay interest on the note at an annual interest rate of 8%. Principle interest will be paid at the end of 8 months. The note was recorded in notes receivable. Prepare adjusting journal entry.
boyles home center a retailing company has two departments bath and kitchen. the companys most recent monthly
The fixed costs expenses are INR 1,000. The selling price of the purse is INR 20. Determine the breakeven units and sales for the company.
Design at least two tables that could be used in a database for the hosting of information of your selected accounting cycle revenue cycle.
Rojas Co. owned 7,000 shares (70%) of the outstanding 10%, $100 par preferred stock and 60% of the outstanding common stock of Brett Co. When Brett reported net income of $780,000, what was the noncontrolling interest in the subsidiary's income?
You have $42,180.53 in a brokerage account, and you plan to deposit a additional $5,000 at the end of every future year until your account totals $250,000. You expect to earn 12% annually on the account. How many years will it take to reach your g..
cruz manufacturing had a bad year in 2008. for the first time inits history it operated at a loss. the companys
partner a has an investment account and for 2012 he has a realized and recognized capital gain of 40000. partner b does
what does section 404 require of managements internal control report? research a public company and explain how
for which of the following itemized deductions is the tax treatment the same for regular income tax and amt
The bond issue costs relating to this transaction were $90,000. Harry amortizes discounts, premiums, and bond issue costs using the straight-line method. What amount of loss should Harry recognize on the redemption of these bonds (ignore taxes)?
Which of the following costs is often important in decision making, but is omitted from conventional accounting records?
the operating cycle two wheeler cycle shop buys all of its bikes from one manufacturer baxter bikes. on average bikes
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