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Create a description of your company and its primary business activities. Include:
a) A brief historical summary
b) The lines of business the firm is engaged in (Is the company engaged in more than one significant line of business? If so, compare the relative profitability of the different segments.)
c) The company's position within the industry
d) Recent developments within the company and the industry
e) The future direction of the company and industry
f) The company's recent stock chart and your expectation for the next year.
g) A list of competitors and identify the one you are using for your comparison
h) Other items of significance to the company including any trends in the company's operations or capital resources that management considers significant to the company's future.
Company A(lessee) will rent inventory for you for 3 years rather than buying it for the regular price of $240,000. Normally these units, which cost us $120,000 to produce, will las
Indicate how each of the following transactions affects the accounting equation. a.Purchase of supplies on account. b.Payment of wages. c.Cash sale of goods for more than their cos
Are revenue and expense accounts permanent accounts and should not be closed at the end of the accounting period?
On January 7, 2016, Captec Company purchased $4,175 of supplies on account . In Captec Company’s chart of accounts , the Supplies account is No. 15, and the Accounts Payable accoun
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trading a/c,p/l a/c and balace sheet
Many hospitals are classified as not-for-profit (NFP). The presentation of for-profit (FP) financial statements differs in several respects from NFP accounting. You will probably w
Mr. Surya does not keep a systematic record of his transactions. He is able to give you the following information regarding his assets and liabilities. 2000 2001 Dec. 31 Dec. 3
Create a Trial Balance and Income Statement Cash $18,470 A/R 14,333 A
The Partnership Deed It is the agreement that regulates the partner’s actions in undertaking the partnership business. This may or may not have been drawn up. It usually conta
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