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Soku Company issues 35,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $233,000 and the building at $365,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.
The Yellow Appliance Company, an accrual basis taxpayer, sold goods in December 2005 for $10,000 under terms which allowed the customer to return the goods and receive a refund within 60 days of the sale.
you invest 1000 in a certificate of deposit that matures after 10 years and pays 5 percent interest which is compounded
for each of the following cases indicate a to what rate columns and b to what number of periods you would refer in
desai inc. has the following data in thousands. assuming a 365-day year what is the firms cash conversion cycle? annual
Bentz Corporation bought and sold several securities during 2006. Listed below is a summary of the transactions. Prepare the journal entries for the above transactions. Show calculations.
alden company has decided to use a contribution format income statement for internal planning purposes. the company has
Assume that you have a binomial experiment with p=0.5 and asample size of 100. The expected value of this distribution is:
Compute the unit product cost that would appear on the job cost sheet for this job - The company applies manufacturing overhead on the basis of machine-hours.
for financial accounting purposes assets of an individual partner contributed to a partnership are recorded by the
what is the range of useful lives for buildings and for fixtures and equipment?does amazon write off this asset?
If 30% of the month's revenue is collected in the same month, 40% is collected in the second month and 30% is collected in the third month, how much of September's revenue is collected in subsequent months? How much of August's revenue is collecte..
partnership formed using 20 cash from each of two partner as initial capital so after forming partnership starting
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