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The firm delivers goods with a sales price of $375,000 to customers during 2014, as contracted. This amount includes the goods ordered on 11/15/2013 ( this transaction was dr cash 45,000 and cr unearned revenue 45,000). the remaining goods were sold on account. the firm collects $257,000 of these sales during 2014 and expects to fully collect the remaining amount.
What is journey entry for this transaction?
the city purchased new computer equipment costing 19000 by paying 3000 in cash and signing a long-term note payable for
Calculate the activity rate per purchase order.- Express total activity availability in terms of activity capacity used and unused capacity.
On January 1, 2014, Cron Corporation issued $850,000 in bonds that mature in ten years. The bonds have a stated interest rate of 14 percent and pay interest on June 30 and December 31 each year. When the bonds were sold, the market rate of interest w..
Prepare, in good form, the bank reconciliation as of November and prepare, in good form, the required adjusting journal entries.
a company and tell what type of inventory system they use and why you think this is a correct or an incorrect choice. For example, A supermarket uses a LIFO for its produce.
Harold Corporation, a manufacturer of electronics and communications systems, uses a service department charge system to charge profit centers with Computing and Communications Services (CCS) service department costs.
A company had revenue of $1,000, Depreciation and Amoritzation Expense of $100. Interest Expense of $100 and Tax Expense of $50. All other Expenses were $500. What was the company's EBITDA?
jensen company forecasts a requirement for 200000 pounds of cotton in may. on 11th april the company acquires a call
Allocate the joint costs to the two products using the physical measures method. Explain the difference in unit costs using the two methods.
Calculate net income and Retained earnings based on the information below. Be sure to show all work and label each answer clearly.
Behind the United States, the world's second largest emitter of energy-related emissions is and which of the following regions has the largest crude oil and natural gas reserves
Organize the transaction in accounts under an accounting equation and prepare the stockholders equity section of the balance sheet as of December 31, 2012.
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