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Prepare an income statement and statement of owner's equity (month ended Mar,31 1995)Auto remair fee earned 37,300Salaries Expense 11500Repair parts Expense 7400Paint Expense 6300Insurance Expense 4700Utilities Expense 1570
Required:Prepare an income statement for the month ended Mar 31 1995.
Assume that on Mar, 1, 1995, company had a balance of 6250 in his capital amount and that on Mar 10 he invested another 1500. Further more on Mar 23, 500 were withdrew from business. Prepare an income statement of Owner's Equity.
The financial year of Jack and Jill Ltd will end on 31 May 2008. At 1 June 2007, the company had in use equipment with a total accumulated cost of Rs 135,620 which had been depreci
#what are the limitations or disadvantages of accounting concept?
is it true that deficit is an asset?
what is the explanation?
Ace Company has a 30 percent marginal tax rate and uses a 12% discount rate to compute NPV. The firm started a venture that will yield the following before-tax cash flows: year 0,
The current market price of a Leigh bond is $1,297.6. If the coupon rate is 10% and the par value is equal to $1,000, what is the yield to maturity of the bond if it matures in 10
SEC reporting implications i) Potentially inaccurate reporting of executive compensation in proxy statements and annual reports ii) Potential violation of securities and Law
Washington-Pacific invests $2 million to take a tract of land and plant some young pine trees. The trees can be harvested in 13 years, at which time W-P plans to sell the forest at
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Q. What do you mean by Grant date in Stock Option? Grant date - The date at which an employee and an employer reach a mutual understanding of key terms and conditions of a shar
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