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1. The maker of a $10,000, 8%, 90-day note receivable failed to pay the note on the due date of June 30. What accounts should be debited and credited by the payee to record the dishonored note receivable?
a company is considering replacing one of its delivery trucks that it had purchased for 54000 two years ago. this truck
Determine the equivalent units in process for direct materials and conversion costs, assuming there was no beginning inventory.
What is an example of a potentially unethical accounting situation? Why is the situation unethical? What is meant by the statement, "You cannot teach ethics"? How do ethics affect the financial results of a company?
Disney has four primary business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products. Which of these four has the best 2007 profitability as measured by return on sales?
marty and michelle hall both under 65 years of age file a joint return for 2013. their adjusted gross income for the
products kappa and sigma are joint products. the joint production cost of the products is 800. kappa has a market value
What effect would the transactions have on the statement of changes in net assets prepared for the year ended December 31, 20X8?
what is the accounting rate of return for a project that is estimated to yield total income of 345000 over three years
Celia and Amos, who are married filing jointly, have one dependent and do not itemized deductions. They have taxable income of $82,000 and tax preferences of $53,000 in 2010. What is their AMT base for 2010?
sweater division manufactures sweaters. the buttons used in production are purchased from an outside supplier at a cost
find an example of an impairment of PP&E or a significant gain or loss (large enough to have an effect on the reported numbers) on the disposal of an asset by a publicly traded firm.
On July 1, Job 46 had a beginning balance of $1,235. During July, prime costs added to the job totaled $560. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,921.
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