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The company has 15 employees, who earn a total of $2,250 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that December 31, 2011, is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year's Day is a paid holiday, they will be paid salaries for five full days on Monday, January 6, 2012
Question: Prepare journal entries to record the first subsequent cash transaction in 2012.
identify the job aspects, educational requirements, and preeminent accounting fields in which to work. Determine at least two (2) ways that accounting or accountants can have a direct impact on society.
a companys flexible budget for 11000 units of production showed sales 44000 variable costs 16500 and fixed costs 15250.
fox companyprojected income statementfor the year ending decemeber 31 2004revenues400000variable costsvariable
smooth-n-soft soaps sells bars of three soaps gentle goat milk lavendar soft and chamomile clean. the company has
During 2010, Von Co. sold inventory to its wholly-owned subsidiary, Lord Co. The inventory cost $30,000 and was sold to Lord for $44,000. From the perspective of the combination, when is the $14,000 gain realized?
ending liabilities are 67000 beginning equity was 87000 common stock sold during year totaled 31000 expenses for the
The board of directors declares and pays a$50,000 dividend in 2009. What is the amount of dividends receivedby the Preferred and common stockholders in 2009?
ethics case alternative sources of cash.stacey jensen the founder and the owner of a major portion of the stock for
mcmillian tire company produces tires used on small trailers. the month of june ended with 700 tires in process 90
The following are selected transactions of Ricks Auto Part. Ricks prepares financial statements semi annually. Prepare journal entries for the above transactions and events.
cost standards for one unit of product no. c77direct material 3 pounds at 2.80 per pound8.40direct labor 6 hours at
herron realty company owns a number of large buildings in several cities in the united states. one of the buildings is
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