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Discussion Topic 1: Purchases, Sales, and Inventory Items. complete E5-17 and E5-19 and post to the discussion board by day 3. Complete all parts of the problems and report back to the group the results of your analysis. Do not forget to show the necessary steps and explain how you attained that outcome. Respond to at least two of your classmates' postings. Problem E5-17: Journalize, without explanations, the following transactions of Soul Art Gift Shop during the month of February: (pp. 256-264). DateAccount TitleDebitCreditFeb. 3Inventory2,000 Accounts Payable
Each unit of Black Corporation's inventory has a ceiling of $8,455, a normal profit margin of $1,500, and a current replacement cost of $6,800.
What was the financial performance of Johnson & Johnson over the past 5 years (include gross revenue, net income, market capitalization, and earning per share)? Use table format.
as a recently hired accountant for a small business bearing inc. you are provided with last years balance sheet income
Archer Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Commerce Bank or Aztec.
should be on 2012 forms and done in pencil. it should include a schedule that shows the fiduciary income calculation
prepare journal entries to record the following selected transactions of masterson co.a purchased 600 shares of the
compare the traditional gross profit gross margin concept in financial reporting to contribution margin in
Prepare the T-Account entries for the following stock transactions of the ALEXANDER Corporation: Issued 1000 shares of $2 par common stock for $68 per share. The down payment is $52 per share with the remainder to be paid in three months.
For each of the following independent cases, use the equation method to compute the economic order quantity.
The company is subject to state unemployment taxes at the rate of 2% and federal unemployment taxes at the rate of 0.8%. By May 15, some employees had earned over $7,000, so only $9,000 of the $20,000 weekly gross pay was subject to unemployment t..
firm x and firm y are competitors within the same industry. firm x produces its product using large amounts of direct
leopard corporation has ordinary income from operations of 50000 net long-term capital gain of 20000 and net short-term
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