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Unearned revenues rent. On December 1, 2013, an advance rent payment of $12,900, representing a three month prepayment for the months of December, January, and February, was received in cash from the company's tenant.Required:Use the horizontal model (or write the journal entries) to record the effects of the following items:a. The three months of rent collected in advance on December 1, 2013.b. The adjustment that will be made at the end of each month to show the amount of rent "earned" during the month.
What components of stockholders' equity do each of the companies disclose and do the companies have preferred stock shares outstanding? If so, what special features do these shares contain?
kalox inc. manufactures an antacid product that passes through two departments. data for may for the first department
on february 1 2013 fox corporation issued 9 bonds dated february 1 2013 with a face amount of 200000. the bonds sold
dexter company has been approached by a new customer with an offer to purchased 1400 units of dexters products at a
Lawler Clothing sold manufacturing equipment for $34,000. Lawler originally purchased the equipment for $98,000, and depreciation through the date of sale totaled $80,000.
Katy Williams is the manager of Blue Light Arcade. The company provides entertainment for parties and special events. Prepare journal entries for the following events relating to the year ended December 31. If the event is not a transaction, write no..
a popular product of loring glassworks is a hand-decorated vase. the companys standard cost system calls for .75 hours
kendras companys standard labor cost of producing one unit of product dd is 4 hours at the rate of 12.72 per hour
the predetermined overhead rate for zane company is 5 comprised of a variable overhead rate of 3 and a fixed rate of 2.
york yoyos began 2008 with a debit balance in accounts receivable of 4320000 and a credit balance in allowance for
Estimate the change in the company's net operating income if it were to increase its total sales by $1,800.
The information relating to cost department of ALPHA& OMEGA Corporation is as follows. Prepare Cost of Goods Sold Statement from the abovein formation.
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