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Stahl Consulting started the year with total assets of $20,000 and total liabilities of $5,000. During the year, the business recorded $16,000 in catering revenues and $8,000 in expenses. Stahl made an additional investment of $3,000 and withdrew cash of $5,000 during the year. Owner's equity changed by what amount from the beginning of the year to the end of the year?
Kim owns a chinese restaurant. The business's fixed assets include some kitchen equipment. Prepare the disposal account recording the profit orloss on the sale of the kitchen equipment.
lee provo is paid 20 per hour plus time-and-one-half for hours over 40 for a given week. during the week of january 21
At the end of the year, overhead applied was $35,000,000. Actual overhead was $34,200,000. Closing over/under applied overhead into cost of goods sold would cause net income to increase/decrease by?
kowalski distributors has invested 40000 in a project. they expect to have various cash inflows but no additional cash
bull scenario 1 if you were general manager of a division on which three key ratios would you choose to have your units
at december 31 2010 sager co. had 1200000 shares of common stock outstanding. in addition sager had 450000 shares of
The CFO of Tierney Construction, Inc.has asked you to recalculate the following accounts and to report to him by the end of tomorrow. What should be the amount in the finished goods inventory at December 31, 2010?
On July 1, 2014, Crowe Co. pays $30,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending December 31. For Crowe Co., journalize the entry on July 1 and the adjusting entry on December 31.
last year charles and kathy price bought a home with a dwelling replacement value of 200000 and insured it via an ho-3
the following items could appear on a bank reconciliationa. outstanding checksb. deposits in transitc. nsf checkd. bank
Flint Company purchased $4,000 of merchandise on account. Flint sold the merchandise to a customer for $7,000 cash. What is the increase in gross margin and the net change in cash flow from operating activities as a result of these transactions?
during september the capital expenditure budget indicates a 420000 purchase of equipment. the ending september cash
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