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1. What are the issues related to reporting operating income? Consider: Contributions and bequests, Gifts, Investment gains and losses, Change in value of split interest agreements, Tuition revenue, and Scholarships.
2. Why might different types of educational institutions report operating income differently?
3. Which accounting standards apply to educational institutions? Consider: FASB requirements, GASB requirements, and NACUBO guidelines.
roadside markets has a 6.75 percent coupon bond outstanding that matures in 10.5 years. the bond pays interest
analyze and explain the weaknesses within mf global and how it led to this crisis. make a recommendation as to how
Calculate the sales revenue reported by XYZ Company in its 2004 income statement.
the following are monthly totals taken from the log of laser printer used by the hardcopy printing international. cost
The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 28, 2006. The February 28, 2006, bank statement and the February T-account for cash showed the following (summarized):
Compute the per unit product costs for each of the four products and compute this cost using ABC allocation for overhead. Show the computation for each per unit product cost in detail.
Firm has forecasted sales of $3,000 in April, $4,500 in May and $6,500 in June. All sales are on credit. 30% is collected the month of sale and the remainder the following month. What will be balance in accounts receivable at the beginning of J..
The text book says that Maria owns 100% of stock with adjusted basis of $52,000 she recieves a cash distribution of $250,000 from the company when its earnings and profits are $100,000. What is Maria's dividend income?
on march 31 2012 the herzog company purchased a factory complete with machinery and equipment. the allocation of the
blowing rock railroad decided to use the high-low method and operating data from the past six months to estimate the
1 I invested $20,000 into this partnership and I've received distributions of $12,000 so my basis is now $8,000, correct?
Why would the manager of plant A be unhappy with using the average cost as the performance measure?
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