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1. Pelican Company made a December 31 adjusting entry to debit Salaries Expense and credit Salaries Payable for $3,600. On January 2, Pelican paid the weekly payroll of $6,000. Prepare Pelican's
(a) January 1 reversing entry; (b) January 2 entry (assuming the reversing entry was prepared); and(c) January 2 entry (assuming the reversing entry was not prepared).
nolan mills uses a standard cost system. during may nolan manufactured 15000 pillowcases using 27400 yards of fabric
apollo company manufactures a single product that sells for 168 per unit and whose total variable costs are 126 per
A loss contingency shoulf be accrued in a company's financial statements only if the likelihood that a liability has been incurred is:
In an experiment with wholesalers, a researcher manipulated perception of task difficulty and measured level of aspiration for performing the task a second time. Group 1 was told the task was very difficult, group 2 was told the task was somewhat ..
a project will require an initial investment of 750000 and will return 200000 each year for five years. if taxes are
On January 15, 2011, a truck driver for Cork Transfer Company negligently rounded a curve that was also a bridge covering several local merchant shops.
california co. issued 200 bonds at a stated rate of 6 interest with a principal amount of 1000. the bonds are dated
the cost accountant for blue pharmaceuticals has informed youthat the companys materials quantity variance for the
1. Tech Ltd (Tech) runs a chain of superstores in Australia. Tech highly depends on the electronic data interchange system to manage their transaction processes with the suppliers.
you want to have 9000 by the time you finish college in 5 years. how much money should you deposit each quarter for the
developing responses to assessed risks your client general television inc. manufactures televisions and during the
viking beer is a microbrewery that produces one type of beer. the production level is 18000 gallons per month which is
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