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Simon County realized $ 2,500 in cash when it auctioned off three automobiles previously used by its inspectors. It deposited the proceeds in its General Fund. According to its capital asset records, Simon had originally purchased these automobiles for $ 70,000. Accumulated depreciation on the automobiles as of the date of the auction was $ 66,000. Prepare the journal entry needed to adjust Simon 2013 fund financial statements so government wide statements can be prepared.
on april 1 bachler corporation had 37000 of raw materials on hand. during the month the company purchased an additional
the 2010 balance sheet of marias tennis shop inc. showed long-term debt of 2.3 million and the 2011 balance sheet
Give three examples of qualitative factors that might affect the preliminary judgment about materiality. How do inherent risk and control risk differ from detection risk? List and define the seven types of audit evidence.
if you had a choice between a stock or a cash dividend which would you choose? both are equal to 800. back up you
accounts receivable appear in the balance sheeta as current assets immediately after cash and cash equivalents.b only
in our online lecture we include a quote by e. o. wilson the one process now going on that will take millions of years
Vernon Co. is being sued for illness caused to local residents as a result of negligence on the company's part in permitting the local residents to be exposed to highly toxic chemicals from its plant. Vernon's lawyer states that it is probable tha..
Determine the dividend yield for Microsoft on December 31, 2008, and 2009, (Round percentages to two decimal places.)
Reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of December 31, 2011?
Auditing standards define a confirmation as the "process of obtaining and evaluating a direct communication from a third party in response to a request for information about a particular item affecting financial statement assertions."
An aging of a company's accounts receivable indicates that $3,000 is estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a:
explain criminology of place? briefly describe rodney starks theory of deviant neighborhoods and the broken windows
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