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Prepare budgetary and proprietary journal entries to record the following year end adjustments: 1. An accrual of $ 60,000 was made for salaries earned the last week of September, to be paid in October. Budgetary funds were available for this purpose.2. The agency liability for unused vacation leave increased by $ 40,000 as a result of the year activities. The budget makes no provision for this expense until vacation leave is actually taken.3. The agency discovered that a purchase order for $ 15,000 was inadvertently issued twice for the same thing. Therefore, one of the orders was cancelled.4. The agency recorded depreciation of $ 25,000 on its equipment.
larry james is planning to invest 25200 today in a mutual fund that will provide a return of 0.09 each year. what will
ranger boat company manufactures small pleasure boats on an assembly-line basis. the units are started in department a.
assume that a new product is developed and that it will cost 489 to manufacture. calculate the selling price that must
What is a cybernetic control systems? describe the elements of cybernetic control systems.How do they relate to results/output controls?
Jacob has decided to leave the firm. Which of the following would be included in the entry to record the transaction if the partnership pays Jacob $50,000 in cash and a promissory note for $20,000 for his withdrawal from the partnership?
Compute the amount of before-tax savings that must be generated by the new tractor to have a payback period of no more than 3 years.
the adjusted trial balance of cavamanlis co. as of december 31 2011 contains the following. account
2500000 shares of cs outstanding on dec. 31 2009. additional 500000 shares of cs were issued on april 1 2010 and 250000
The substitutability of a particular good/service can play havoc on a company's sales. This is formally defined as elasticity of a good/service. The elasticity/substitutability changes for 4 reasons. The 4 reasons are stated below, briefly describ..
hazelton corporation uses a periodic inventory system and the lifo method to value its inventory. the company began
a company purchases a 10000 square foot commercial building for 400000 and spends an additional 65000 to divide the
on june 30 2011 georgia-atlantic inc. leased a warehouse facility from ic leasing corporation. the lease agreemtne call
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