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Sonesta owed one creditor $250,000 did not have enough cash to repay the debt. Sonesta would issue 100,000 shares of common stock to settle debt.
Beverly Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred.
jurvin enterprises recorded the following transactions for the just completed month. the companynbsphad no beginning
What are some methods a business uses to determine if the activity is value added or not? How do you think business learn from customers (consumers) what is value added and what is not value added?
jorge company bottles and distributes b-lite a diet soft drink. the beverage is sold for 60 cents per 16-ounce bottle
during the current year stan sells a tract of land for 800000. the property was received as a gift from maxine on march
Prepare the journal entries necessary to bring the company's book balance of cash into conformity with the reconciledcash balance as of July 31, 2009.
hoang a super salesman contemplating retirement on his fifty-fifth birthday decides to create a fund on a 10 basis that
roo corporation budgeted sales for the next fiscal year are 7650000. roo estimates the following marketing and
1. sanchez company has just completed a bond issue which resulted in 150000 of 5 year 8 bonds. interest is paid
discuss the objectives for weeks one and two. your discussion should include the topics you feel comfortable with any
in each of the following independent situations involving transfers of tangible property determine which transfer
kelly corporation is considering an investment proposal that requires an initial investment of 150000 in equipment.
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