Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Transaction number Date Description 1 Employees are paid bi-monthly on the first day of the month for work performed during the last half of the previous month , and on the 16th for work done during the first half of the current month. Total wages paid on this date were $20,400. 2 Cottonwood signed and paid for an annual advertising agreement with the PRCA for banner ads on the PRCA website. Cottonwood's advertisements will be posted to the website starting in March 2007 and run until February 28, 2008. The contract cost is $7,200 plus any art and setup charges, which will be billed as they occur.
Cottonwood's office manager picked up office supplies from Office Max on her way into work. She checked the orders against Cottonwood's purchase order and stocked the supplies in the supply cabinet. The Office Max invoice totaled $362 and payment terms are net the 15th of the month. 4 Cottonwood received a check for $12,620 from one of their customers as payment for a previous order. 5 Cottonwood received a shipment of event merchandise from the Rodeo Outfitters Company. This merchandise was ordered on December 20th and was delivered by Viking Freight.
Rodeo Outfitters paid Viking for the shipping charge of $882. Cottonwood is to pay Rodeo Outfitters $92,000 based on terms of 2/10 net 30. 6 Cottonwood received their new product catalogs ordered from a local print shop. The print shop billed Cottonwood $6,000 for 5,000 catalogs with payment terms of net 10. Cottonwood considers catalogs as advertising and expenses the catalogs at the end of the month based on how many catalogs are sent out during the month.
What effect do subsidiary treasury stock holdings have at the time the subsidiary is acquired? How should the treasury stock be treated on consolidated work papers?
Identify three out of four types of classifications for non-influential investments in securities.
A. Depreciation expense for the year 2006 using the straight-line depreciation method. B. Depreciation expense assuming that the equipment is operated for 15,000 hours in 2006 and 12,000 hours in 2007. C. Using the double-declining-balance depreciati..
There is a general practitioner whose offices are located in the South Falls Professional Building.
What are the three sections of a comprehensive annual financial report (CAFR) What information is contained in each section How do the minimum requirements for general purpose external financial reporting related in scope to the CAFR
You are the independent accountant assigned to the audit of Neophyte Company. The company's accountant, a graduate of Rival State University, has prepared financial statements which contained the following questionable items:
V decides to accept an out-of-court settlement of $150,000. The newspaper and its insurer are willing to allocate the $150,000 in any manner that V requests. How should V have the amount allocated?
What assets qualify for interest capitalization? What assets do not qualify for interest capitalization?
trout company is considering introducing a new line of pagers targeting the preteen population. trout believes that if
Flint Co. records purchase discounts lost and uses perpetual inventories. Prepare journal entries in general journal form for the following: (a) Purchased merchandise costing $900 with terms 2/10, n/30. (b) Payment was made thirty days after the p..
salvador inc. acquired 30 of the outstanding common stock of yangming inc. on december 31 2013 which allows salvador to
Classic Accessories manufactures auto roof racks in a two-stage process that includes shaping and plating. Steel allow is the best raw material of the shaping process. The steel is molded according to the design specifications of automobile manufactu..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd