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Ron's Hot Rod shop follow the revenue recognition principle. Ron services a car on July 31. The customer picks up the vehicle on August 1 and mails the payment to Ron on August 5. Ron receives the check in the mail on August 6. When should Ron show that the revenue was earned?
For years the FASB had little interest in pursuing international harmonization projects. What prompted its seemingly new interest in 2002 to work with the IASB in such a cooperative manner?
which product or products should be sold at the spilt-off point and which product or products should be processed further ? show computations.
on february 1 2010 the balance of the retained earnings account of blue power corp. was 630000. revenues for feb.
assuming a statement of cash flows is prepared using the indirect method indicate the reporting of the transactions and
a company assigns overhead cost to completed jobs on the basis of 115 of direct labor cost. the job cost sheet for job
On the statement of cash flows, the cash flows from financing activities section would include:
the marinade department began the period with 125000 units. during the period the department received another 180000
delta safty system manufactures a componont used in aircraft radar system the firms fixed cost are 3000000 per year
On May 31, 2010, James Logan Company had a cash balance per books of $8,205.62. The bank statement from Farmers State Bank on that date showed a balance of $7,749.57. A comparison of the statement with the cash account revealed the following facts..
You have been engaged to review the financial statements of Water Sync Inc. In the course of your investigation you find a number of irregularities during the current year.
use the following items to determine the total assets total liabilities net worth total cash inflows and total cash
st. marks hospital contains 450 beds. the average occupancy rate is 80 per month. in other words on average 80 of the
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