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The following information is available for Russellville at June 30, 2012. Prepare a statement of fiduciary net position for Russellville Pension Trust Fund as of June 30, 2012, by reporting the assets and liabilities from the information provided.Additions interest ............ $ 250,000Member contributions............ 340,000Loss on sale of investments......... 30,000Cash.................. 180,000Accrued expenses ............ 56,000Interest receivable ............ 20,000Accounts payable ............ 33,000Due to other funds ............ 54,000Investments ............... 10,000,000Deductions operating costs........ 42,000Retirement annuities paid ......... 987,000
1 briscoe company sells it product for 60 per unit. during 2011 it produced 60000 units and sold 50000 units there are
flip earns a salary of 7500 per month during the year. fica taxes are 8 on the first 100000 of gross earnings. federal
During its first year, the firm earned 249,000. Prepare the entry to close the firms income summary accounts as of its December 31 year end and to allocate the 249,000 net income to partners under each of the following separate assumptions:
Classify the costs and total by classification. Assume Felix's Fine Jewelry's revenue for the period was $8,000,000 and there is no change in ending inventory.
Prepare a complete multiple step income statement for the company (showing both gross profit and income from operations).
Determine Adams's method of accounting for its investment in Barstow. Support your answer with a numerical explanation.
What did you learn about an entity's expenditure cycle? How many components are part of this cycle? What did you learn in your audit of Apollo's expenditure cycle? Did you not any errors or findings? If yes, how do you think these errors or findin..
recommendation regarding the final allocation amounts?
6ingit posted a question that involved a journal entry for francines fast deliveries incffd. i was wondering if you
the following journal entry summarizes for the current year the income tax expense of wilsons software warehouse of the
In determining the adequacy of the allowance for uncollectible accounts, the least valuable evidence would be obtained from
the production department of zan corporation has submitted the following forecast of units to be produced by quarter
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