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1. Journalize the six adjusting entries required at March 31, based on the data presented.
2. What would be the effect on the income statement if adjustments (a) and (f) were omitted at the end of the year?
3. What would be the effect on the balance sheet if adjustments (a) and (f) were omitted at the end of the year?
4. What would be the effect on the %u201CNet increase or decrease in cash%u201D on the statement of cash flows if adjustments (a) and (f) were omitted at the end of theyear?
ngata corp. issued 17-year bonds 2 years ago at a coupon rate of 9.8 percent. the bonds make semiannual payments. if
john a limited partner of candy apple lp is allocated 30000 of ordinary business loss from the partnership. before the
Foley Manufacturing Corporation purchased 3,000 shares of its own previously issued $10 par common stock for $69,000. As a result of this event, a) Foley's common stock account decreased $30,000.
Prepare entries for the appropriations - the company bought the machine for $130,000 cash.
on january 1 2011 trillini corporation issued 4490000 of 10-year 10 convertible debentures at 103. interest is to be
During the first year, McCabe removed 90,000 barrels of oil, which it sold on account for $39 per barrel. Operating expenses totaled $850,000, all paid in cash.
the corporation quickly acquired 36000 in inventory 40 of which was acquired on open accounts that were payable after
jack has taxable income of 65000. he is a single tax filer and his federal income tax rates on the first 8350 is 10
question. the following calendar year information about the tahoma corporation is available on december 31advertising
discuss how you believe XBRL will impact the financial reporting of public and private U.S. corporations.
. front beam lighting company has the following ratios compared to its industry for 2010. front beam lighting industry
Based on the above article and your prior readings, do you agree with the notion of value costing for the 21st Century organizations. Why or Why Not?
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