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On January 1, 19A, Corporation B grants options to its single employee to purchase 3,000 shares of its $50 par common stock at $60 per share, beginning January 1, 19D, and ending on December 31, 19F. On the grant date the market price is $80 per share.
(1) What is the measurement date?
(2) How long is the service period?
(3) What is the total compensation cost, if any?
(4) What is the annual compensation cost, if any?
(5) Prepare all the necessary journal entries.
The books of EZ Company, a calendar year taxpayer, had the following assets and related information as of December 31, 2011. EZ's policy is to record depreciation on December 31 by way of a journal entry.
daja and whitnee had capital balances of 140000 and 160000 respectively at the beginning of the current fiscal year.
What accounting assumptions necessitate the use of adjusting entries? What accounts are subject to adjusting journal entries?
for your assignment discuss when the government and nonprofit organizations would use each of the following
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What are retained earnings? What items increase the balance in retained earnings? What items decrease the balance in retained earnings?
What is the difference between using the percentage of sales and percentage of receivables method for calculating doubtful accounts? Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calculat..
What auditing failures evident in the failure of Enron and how would these failures have contributed to the overall collapse of the company?
Pension data for Goldman Company included the following for the current calendar year: service cost $100,000 PBO, January 1 750,000 plan assets, Janauary 800,000
on december 31 2013 jumble inc. borrowed 1000000 at 10 payable annually to finance the construction of a new building.
The company's past records show collection of credit sales as follows: 30% in the month of sale and the balance in the following month. The total cash collection from receivables in March is expected to be
the topic for your research is based on current literature and you are to identify the basic provisions of the
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