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1. Why is there a mandatory duty to bargain in labor-management negotiations when such a duty does not exist elsewhere at law?
2. What are the advantages and disadvantages of a partnership, as opposed to conducting business in a corporate form?
3. Discuss the concept of apparent agency. How can someone be considered an agent without explicit authority?
Morales Company issued $800,000 of 8%, 5-year bonds at 106, which pays interest annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year?
Master Card has a series of cute commercials that list a series of accounting items and costs leading to the priceless product. Cell phones are often advertised as being free.
The client considers a sale to be made in the period that goods are shipped. Listed below are four items taken from the CPA's sales cutoff test worksheet. Which item does not require an adjusting entry on the client's books?
the process of initially recording business transactions in a journal isa posting.b sliding.c journalizing.d
During the last month of 2011, the first month of the offer, Funzy sold 12 million boxes of wheatos and 2.4 million of the coupons were redeemed. What amount should Funzy report as a promotional expense for coupons on its December 31, 2011, income..
please respond to the following analyze the risks to merchandising that a business may experience and how they might be
Explain how the amount of tax expense for calender 2008 andthe amount of taxes payable (if any) at December 31, 2008, can bedetermined.
Erin, Sarah, and Timmy are equal partners in EST Partnership. Sarah also owns 40% of Elton Corporation. The remaining shareholders of Elton Corporation are: Erin (24%) and Sarah's uncle (36%). What percent ownership does Sarah directly or constructiv..
How much total cash did Markus raise through the January 15, 2011, stock issuance? How are these journal entries recorded?
At least three recommendations you can make, within the context of law and ethics, so each company can improve its financial health.
The Chandler Corporation began business on January 2, 2007. It is now time for Chandler to prepare its financial statements for 2007. The bookkeeper at Chandler was able to complete the asset section of the balance sheet, but he needs your help to..
On Jan 1. 2009, Clintwood corporation issued a $1,000, ten-year, 10% bond payable (interest payable each dec 31) For the 3 assumptions below complete the following schedule assuming the accounting year ends dec 31, and straight-line amortization i..
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