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The following information is available for the governmental funds of Tom's Village. Prepare the governmental funds balance sheet for Tom's Village. The village officials do not consider either Special Revenue Fund as particularly important to financial statement users.
Policies regarding when a difference between actual and planned results should be investigated are generally more restrictive for non controllable items than for controllable items.
Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be?
October Corporation reported net income of $46,000 in 2012. Depreciation expense was $17,000 and unrealized holding losses on temporary investments (FV-NI) were $3,000. The following accounts changed as indicated in 2012:
What are some significant provisions of the Sarbanes-Oxley Act of 2002? Do any of you have to comply with these standards? - Answer 100-250 words.
grieg landscaping began construction of a new plant on december 1 2014. on this date the company purchased a parcel of
Garcia's incremental borrowing rate is 12% and the interest rate implicit in the lease agreement is 10% (this is known to Garcia). Both Graves and Garcia use straight-line depreciation and have December 31 fiscal year-ends. Describe how Graves cal..
What amount of interest expense will be displayedon the 2013 income statement? c) What amount of liability for the note will be displayed on the balance sheet on December 31, 2013?
bill anders retires in 8 years. he has 650000 to invest and is considering a franchise for a fast-food outlet. he would
Kelly Herron has agreed to invest $200,000 into an LLC with Michelle Moss and Dan Kim. Moss and Kim will not invest any money, but will provide effort and expertise to the LLC.
Abner, age 80 and in poor health, owns investment land with an adjusted basis of $50,000. He is considering transferring it to Stella, his niece. Regarding Stella's income tax position, should the transfer to her be by gift or by inheritance? (Ass..
1. discuss the difference between accounting and finance?2. how does financial accounting and financial management
b. What is the contribution margin for March c. Once the contribution margin is determined, explain what the contribution margin tells a company d. Explain the differences and benefits when the contribution margin format is used instead of the trad..
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