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Kasey's Cake Shop made $20,000 in sales of wedding cakes in July. All of these sales were on bank credit cards.The credit card company charges a 3.5% collection fee. Prepare Kasey's journal entry to record the credit card sales.
She has a property management firm make all management decision for her. During 2010 she incurred a loss, for tax purposes, of 30,000 on the office building. How must Mary Beth treat this on her 2010 tax return?
a tv company produces wall mounts for flat screen tvs. the forecasted income statement for 2009 follows sales 48 per
ariane electronics power supply devices in their plant located in malayasia. the pwoer supply supplies are used in
the empire hotel is a full-service hotel in a large city. empire is organized into three departments that are treated
Explain why a traditional functional income statement is not suitable for the Cost Volume Profit (CVP) analysis. What is the key point that makes a contribution approach income statement useful for CVP relationship analysis.
the following relate to the town of coupland dollar amounts in thousands equipment used in a vehicle repair service
assume that apple has received a special order from a retailer for 1000 specially outfitted imacs. this is a one-time
special order pricing - shorewood shoes company makes and sells a variety of leather shoes for children.nbspnbspfor its
on january 1 2012 winston company purchased 6 bond for 50000 cash. interest is payable semiannuallyon july 1. the
on july 1 browning corporation purchases 550000 shares of its 6 par value common stock for the treasury at a cash price
helix corporation produces prefabricated flooring in a series of steps carried out in production departments. all of
On August 1, 2010, Dambro Co acquired 200, $1,000, 9% bonds at 97 plus accrued interest. The bonds will be added to Dambro's available for sale portfolio. The bonds were dated May 1, 2010, and mature on April 30, 2016, with interest paid each October..
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