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colony corp. a u.s. corporation entered into a contract on november 1 2010 to sell two machines to crown company for
bell computers ltd. located in liverpool england assembles a standardized personal computer from parts it purchases
gorman company has just received a special one-time order for 1000 units. producing the order will have no effect on
Question 1: Most corporations use the accrual basis of accounting.
Briefly summarize the accounting techniques used by Cendant to manipulate financial results. Categorize each technique into one of Schilit's financial shenanigans.
on january 1 2011 cedar company was authorized to issue 40000 shares of 6 par common stock and 20000 shares of 16
a-you plan to have 1000000 in your retirement account when you retire in 40 years. assume an average annual rate of
two machines -machine m and machine p- are being considered in a replacement decision. both machines have about the
bandage supply corporation manufactures and sells bandages. expected sales of bandages in boxes for the upcoming months
Columbia Corp held 1,500 of Vianco common stock with a cpst of $74,387. These shares were classified as a long term available-for-sale investment. It sold the shares on December 31st for $55,275. Prepare the journal entry to record this sale.
racing engines inc. purchased a patent from johnson motorscorporation for 18000000 on january 1 2007. the patent is
Kramer Company values its inventory by using the retail method(LIFO basis, stable prices). The following information is available for the year 2010.
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