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Provide the adjusting journal entries for each of the following items.. Omit explanations.a. Unrecorded interest on savings bonds is $680.b. Property taxes incurred but not paid or recorded amount to $540.c. Legal fees of $5,000 were collected in advance. By year end, 80 percent were still unearned.d. Prepaid Insurance had a $1,600 debit balance prior to adjustment. By year end, 25 percent was still unexpired.e. Salaries incurred by year end but not yet paid or recorded amounted to $1,375.f. Services totaling $900 have been performed but not yet recorded or billed.
David organize white Corporation with a transfer of land (basis of $200,00, fair market value of $600,000) that is subject to a mortgage of $150,000. A month before the incorporation, David borrowed $100,000 for personal purpose and gave the bank ..
Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16
requirement 1 in millions 2011 2012 2013contract price 340 340 340actual costs to date 70 150 200estimated costs to
In what sense is a reinvestment rate assumption embodied in the NPV, IRR, and MIRR methods? What is the assumed reinvestment rate of each method?
suppose that your learning team is group of international reporters. youve been tasked with describing and critiquing
carnations roof repair has provided the following information concering its budgeted costswages and salaries fixed cost
prepare a cash receipts journal based on the information given below and post it to the accounts receivable subsidiary
jared enterprises issues bonds dated january 1 2010 that have a 2430000 par value mature in 10 years and pay 7 interest
benson remanufacturing rebuilds spot welders for manufacturers. the following budgeted cost data for 2011 is available
malibu corporation has monthly fixed costs of 66000. it sells two products for which it has provided the following
which of the following statements is correct? answer one defect of the irr method is that it does not take account of
1. record the following journal entries.101 sold 5000 of tables on account the terms of payment are 115n30105 customer
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