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Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance and Prepare the general journal entry or entries to correct the Cash account
What amount will be reported as an adjustment to the beginning balance of retained earnings to reflect the effect of the change in accounting principle?
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Hendrickson Corporation reported net income of $54,590 in 2010. Depreciation expense was $15,590. The following working capital accounts changed. Compute net cash provided by operating activities.
Another client gave her a check for $750 on December 31, 2011, but after the bank had closed. Both the $500 and $750 checks cleared the next year. Explain how much does Sarah have to include in her gross income for 2011?
Calculate the break-even point for each firm in terms of revenue and effects of operating leverage High Tech.
What was the average issue price per share of preferred stock and How many shares of common stock are outstanding?
How many units of each product would be sold if Delaware Manufacturing desired an after tax net income of $ 73,500, Facing a tax rate of 30%
Determine the Net Present Value of each investment proposal described in 1 above? Using the Net Present Value Method as the selection criteria, which project would you select?
Assuming that Reed's can improve its operations to be in line with the industry averages, construct a 1995 pro forma income statement.
Finding the Net cash flow provided by operating activities
Produce a report of findings with your statement of errrors and potential frauds (and reasons why). List internal controls you may want to add or enforce to reduce the likelihood of future misstatements.
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