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Parent Company A owns both Company B and Company C. Company B sells $3,000 of inventory for a price of $10,000 to Company C in December. However, Company C does not pay until January. What are the entries in December and January for Parent Company A, Company B, and Company C?
sunhine service center received a 120-day, 6% note for $40,000, dated April 12 from a customer on account. What is the due date of the note?
Organize a statement of cash flows
The company plans to sell 17,000 bookbags this year. Illustrate what are the variable expenses per unit?
abc company stock has a required return of 12 and the stock sells for 40 per share. the firm just paid a dividend of
Find all selling and administrative expenses on the full costing statement. Tell us where you find these. What do they total? Now find all selling and administrative expenses on the variable costing statement. Tell us where you find these. What do ..
The group of key personnel has an important impact on an organization. Some companies carry director and officers liability insurance. Are these policies expensive? Why are they necessary?
crane mechanics acquired 75 percent of downey enterprises on march 31 2005 for 3645000.downeys book value at that date
What is the amount of cash flows provided by operating activities to be presented on the statement of cash flows?
Wardell Company purchased a mini computer on January 1, 2011, at a cost of $40,000. The computer has been depreciated using the straight-line method over an estimated five-year useful life with an estimated residual value of $4,000. On January 1, 201..
Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $183,300, how many dollars of revenue must the company generate in order to reach the break-even point and how much are estimated monthly variable costs using the h..
Austen Educational Services had budgeted its training service charge at $78 per hour. The company planned to provide 28,000 hours of training services during 2015. By lowering the service charge to $64 per hour, the company was able to increase the a..
Star bright manufactures children car seats, strollers, and baby swings. Starbright manufacturing costs are budgeted as follows: What is the setup costs allocated to Strollers during the current month? What are the factory foremen salaries allocated ..
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