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1. What disclosures are required relative to long-term debt and sinking fund requirements?
alexander company had 1235900 of short-term debt in the form of notes payable due february 2 2013. on january 21 2013
if the mercahdise cost 5000 insurance in transit cost 250 tarriff cost 75 processing the pruchase order by the
When confirming accounts payable, emphasis should be put on what kind of accounts? Which of the following situations indicates a potential material weakness in internal control over acquisition and expenditure?
the big bear lumber company is trying to decide whether to sell or process further rough-sawn lumber. the joint cost of
Briefly describe a special purpose system discussed at the end of this chapter. How could this system be used in a business setting?
Prior to payment for the goods, the seller issues a credit memo for $750 to the customer for merchandise costing $425 that is returned. The correct amount is received within the discount period.
on december 31 2012 berclair inc. had 500 million shares of common stock and 20 million shares of 8 100 par value
Montgomery & Co., a well established law firm, provided 500 hours of its time to Fink Corporation in exchange for 1,000 shares of Fink's $5 par common stock. Mitchell's usual billing rate is $700 per hour, and Fink's stock has a book value of $250..
tammie contributes 50000 cash in exchange for a 25 interest in the profi ts and capital of the xyz partnership. the
switzer inc. has 5 computers which have been part of the inventory for over two years. each computer cost 600 and
a. Calculate the company's unit contribution margin. b. Calculate the company's contribution margin ratio.
j0b 218 was one of the many jobs started and completed during the year. the job required 3300 in direct materials and
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