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The following summarized information relates to the installment-sales activity of SE Parker Inc. for the year 2013
Installment sales $500,000
Cost of goods sold on installment 350,000
Collection from customers 180,000
Unpaid balances on merchandise repossessed 24,000
Estimated value of merchandise repossessed 11,200
(a)Prepare journal entries at the end of 2013 to record the books
(b)prepare the entry to record the gross profit realized during 2012
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Plan assets at fair value 78,000 Net periodic pension cost 90,000 Employer"s contribution 70,000 What amount should Payne record as additional minimum pension liability at December 31?
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ABC reported earnings before interest and taxes $600,000 for 2010 and was subject to a 40% tax rate. ABC paid dividends to all common and preferred stock shareholders during the year. Calculate ABC's basic earnings per share for 2010. Show your wo..
note to answer some of the detailed questions below you will need to use the notes to financial statements andor the
intermediate accountingnbspplease provide thorough explanations and full calculations for each answer
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