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Common stock-$25 par value, 100,000 shares authorized, 45,000 shares issued and outstanding
Directors declared a $6 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record.
Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record.
Closed the $368,000 credit balance (from net income) in the Income Summary account to Retained Earnings.
prepare journal entries to record each of these transactions for 2012
Prepare a statement of retained earnings for the year ended December 31, 2012
what makes a contribution income statement unique? discuss how a contribution income statement could be used to improve
damocles company manufacture fine swords. below arelisted thenbspnet changesnbspin the companys balance sheet accounts
Jensen Company forecasts a need for 200,000 pounds of cotton in May. On April 11, the company acquires a call option to buy 200,000 pounds of cotton in May at a strike price of $0.3765 per pound for a premium of $814.
What is the amount of the annual depreciation and what is the book value at the end of the twenty-fourth year of use?
You have a total of $411,016 in your retirement savings and have the funds invested such that you expect to earn an average of 7.10 percent, compounded monthly on this money throughout your retirement years.
dons copy shop bought equipment for 90000 on january 1 2009. don estimated the useful life to be 3 years with no
sissie owns two items of business equipment.. they were both prchased in 2009 for 100000 both have a seven-year
the computers could be sold "as is" for $8,500. What is the net advantage or disadvantage of reworking the computers?
an auditor was appointed to the audit of bid inc. bid subsequent to bids year-end date. bid is in the business of
Which of the following items would be classified as operating revenue or expense on an income statement of a manufacturing firm?
High & Dry’s standard price for direct materials is $3.60 per unit-The actual purchase price per unit was
1. parker plumbing has received a special one-time order for 1500 faucets units at 5 per unit. parker currently
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