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Trust activities and fund issues: Accounting for not-for-profit organizations. A concerned citizen provides resources and establishes a trust with the local government. What factors should be considered in determining which fund to report the trust activities?
You can purchase the equipment through the dealer's finance company over time and it will cost an additional $12,000 in interest. Illustrate what is the effective annual interest rate you will be paying using each of the following methods?
Find Super's accounts receivable turnover rate for 2001 and bad debts emphasizes matching bad debts expense with revenue on the income statement
Given base index and index at delivery, estimation of adjusted contract price.
Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly and Additional accounts are: Depreciation Expense; Insurance expense; Interest Payable; and Supplies expense.
Since it was shipped as of 31 st December, does this represent a sale for the year ended on that date? What additional audit steps would be taken to evaluate that the sale is valid?
Computation of cost of goods sold using the given data - Using the following data, compute cost of goods sold
She had purchased the word processor three years ago for $950 and has taken $300 in depreciation. Explain how much and what type of gain or loss will Susan have on the sale?
Evaluate the investing cash flows - consider there were no other non-current assets sold during the period or revalued.
Purpose a budgeted income statement for 2009 and Should mega change the selling price?
Purpose journal entries to account for the foreign currency option, import purchase and firm commitment.
Big Company manufactures keyboards. Management wishes to develop budgets for the upcoming quarter based on the following data: Calculate the budgeted quantity of plastic which needs to be purchased for the next quarter.
Evaluate the net present value of the investment in the machine and Show the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?
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