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The financial statements of PepsiCo, Inc. are presented in Appendix A at the end of this textbook.
Instructions
(a) Using the consolidated financial statements and related information, identify items that may result in adjusting entries for prepayments.
(b) Using the consolidated financial statements and related information, identify items that may result in adjusting entries for accruals.
(c) Using the Selected Financial Data and 5-Year Summary, what has been the trend since 2003 for net income?
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A machine cost $80,000, has annual depreciation expense of $16,000, and has accumulated depreciation of 40,000 on December 31. On April 1,2011 when the machine was fair value of 32,000, it is exchanged for a similar machine with a fair value of 96..
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in year 1 gsl corp.s alternative minimum tax base was 2000000 and its regular tax liability is 350000.a. what is gsls
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