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On November 1 of the current year, Richard Simmons established a sole proprietorship. The following transactions occurred during the month:
A small business owner holds $4,000 in cash; $1,200 in materials; $10,000 in land and $32,000 in plant and equipment. His accounts payable total $9,000 and he has an outstanding bank loan totaling $18,800. what is the owners equity?
The purpose of this assignment is to get a picture of the various roles managers play and the skills required to perform effectively in an accounting role.
Discuss which of the above activities would be viewed as value-added in the eyes of Prince Insurance's Customers. Give reasons for your answer. What non-value added activities and suggestions could be made at Prince Insurance to improve the claims ..
Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process. Required: Prepare a production cost worksheet using the FIFO method.
in an essay of 1250-1500 words comprehensively discuss causal factors the implications and possible mitigation
a company has a standard of 2 hours of direct labor per unit produced and 19.0 per hour for the labor rate. during last
plants galre operates a commercial plant nursery where it propagates plants for garden centers throughout the region.
Determine whether or not TRIARC'S acquisitions of Wendy's through a stock swap was good for either company and state your rationale?
Page Enterprises has bonds on the market making annual payments, with eight years to maturity, and selling for $988. At this price, the bonds yield 7.90 percent.
A company provides services on account during the current year totaling $400,000. By the end of the year, $350,000 of this amount had been received on account from customers for services provided in the prior years. Determine the amount of operati..
marina del rey manufacturing corp. uses a standard cost system that records raw materials at actual cost records
While posting transactions, why do you need to record the respective General Journal and General Ledger page numbers in the post reference columns?
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