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• december 20-received 10500 for legal services rendered to clients.• december 22-paid advertising 3600.• december 24-billed clients for professional services 16400.• december 25-purchased desktop from micro system 60000 on account.• december 26-micro system was partially paid 45000.• december 27-collected accounts from various clients 7500.• december 28-the salary of legal secretary was paid 5500.• december 29-nestor martel withdrew 12000 for personal use.
List these steps in the sequence in which they would normally be performed. Describe ways in which the information produced through the accounting cycle is used by a company’s management and employees.
given base index and index at delivery estimation of adjusted contract price.given the following contract information
the case scenario provided will be used to answer the discussion questions that follow.ms. g. a 23-year-old diabetic is
Explain. What journal entry would be made for the days worked and what entry would be made when the wages are paid on Saturday?
What are 3 benefits of adopting Activity Based Costing in an organization? What kind of companies adopts Activity based costing? What are 3 limations (disadvantages) of Activity Based Costing?
What transactions might be included in a multiple-column purchases journal that would not be included in a single column purchases journal?
on 31st december 2011 audubon inc. exchanged machines a and b for a new machine c. audubon also received 5000 in cash.
Journalize the transactions. If no entry is required, select "No entry required" from the dropdown box and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank. Issued the certificates f..
Would it be a prudent investment strategy to only rely upon published financial statements in deciding to invest in a company's stock? What sources do you think financial analysts use in making investment decisions and recommendations?
Does the company's management appear to be managing debt properly?Is the company too reliant on long-term debt financing?Why or why not?What kinds of problems can this company (or any company) avoid by properly managing its debt?
Love Theatre Inc. owns and operates movie theatres throughout New Mexico and Utah. Love Theatre has declared the following annual dividends over a six-year period: 2009, $30,000; 2010, $90,000; 2011, $143,000; 2012, $180,000; 2013, $225,000; and 2014..
Calculate the volume of activity that the company will have to achieve in order to meet the targeted level of profit for each one of the four products.
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