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Why is there more than one method of depreciation?What is the purpose of depreciation?How can goodwill be created?How and why would you account for the impairment of intangible assets?Why are R&D expenses not capitalized?
Determine the carrying value of the bond liability on December 31, 2013.
browning realty co. pays weekly salaries of 9375 on friday fro five-days workweek ending on that day. journalize the
during the year johnson co. repurchased 100 shares of its common stock and subsequently resold those shares at an
master chef appliance company manufactures home kitchen appliances. the manufacturing process includes stamping final
Mario and John, who run the best barber shop in Westchester, decided to expand their business. They sold their old equipment and moved to larger quarters in the Arcadian Mall, doing business as the Arcadian Barber Shop.
As the names suggest, TILFX invests in some selected high growth stocks of consistent good performance and TILDX invests in high dividend yield stocks. If you had to choose a fund, explain which one you would buy and why?
In the United States, about one in every four companies uses variable costing for internal reporting purposes. These companies must make adjustments to these reports for external-reporting purposes. Explain.
in december 2008 ace consulting performed services for a customer for 12000 on account. on june 1 2009 after several
olga is the proprietor of a small business. in 2012 the business income before consideration of any cost recovery or
sofa company manufactures two models of its couch the mini and the maxi. the mini model requires 10000 direct labor
sloman company is considering purchasing a machine that would cost 436800 and have a useful life of 5 years. the
Assume that Gilberto Co. paid the balance due to Allman Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
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