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Q : Prepare the journal entries required for the dividend....

Accounting Basics :

question - the books of conchita corporation carried the following account balances as of december 31 2014cash

Q : Prepare all the journal entries on crousers books for....

Accounting Basics :

questions -q1 on january 1 2013 crouser company sold land to chad company accepting a 2-year 150000

Q : The net present value of this investment was calculated to....

Accounting Basics :

question - the following information is available concerning the purchase of a new piece of equipmentinitial investment

Q : Calculate the fixed overhead spending variance do not round....

Accounting Basics :

question - chesley company is planning to produce 2500000 power drills for the coming year the company uses direct

Q : A couple will retire in 40 years if they make annual....

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question - a couple will retire in 40 years they plan to spend about 25000 a year in investment which should last about

Q : Assuming the company estimates that future bad debts will....

Accounting Basics :

question - the following information relates to a companys accounts receivable accounts receivable balance at the

Q : What is the annual schedule m1m3 adjustment for each year....

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question - on january 1 starlight corp a calendar year taxpayer recorded 600000 of goodwill as a result of a business

Q : Jake purchased a 205000 crane for his construction business....

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question - jake purchased a 205000 crane for his construction business he sold the crane for 150000 after taking 115000

Q : Cramer agrees to repurchase this equipment from enyart on....

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question - sales with repurchase cramer corp sells idle machinery to enyart company on july 1 2014 for 40000 cramer

Q : Acompany had an accounts receivable turnover ratio of 100 ....

Accounting Basics :

question - a company had an accounts receivable turnover ratio of 100 and net sales of 440000 for a given period what

Q : The company has fixed interest expense of 5850 sales of....

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question - tree frog company is organized as a llc and does not pay income taxes the company has fixed interest expense

Q : Hilbert company recorded operating data for its shoe....

Accounting Basics :

questions -q1 arthur roofings budgeted manufacturing costs for 50000 squares of shingles arefixed manufacturing costs

Q : Accounts receivable are 400000 at the end of the year....

Accounting Basics :

question - hirdt co uses the percentage-of-receivables basis to record bad debt expense and concludes that 2 of

Q : Andrew agreed to give joe additional 200000 cash what is....

Accounting Basics :

question - andrew entered into a sale agreement with joe who agreed to give up his property which is worth 18m on the

Q : Prepare the journal entry to record the purchase of bonds....

Accounting Basics :

questions -q1 presented below is information taken from a bond investment amortization schedule with related fair

Q : If sales for october november and december were 70000 60000....

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question - oscorp makes all sales on account subject to the following collection pattern 20 are collected in the month

Q : An investment cost 13500 and it generated net cash flow in....

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question - an investment cost 13500 and it generated net cash flow in each of the next seven years of 3000 the

Q : What amount will logistics include in its year-end balance....

Accounting Basics :

question - logistics company had the following items listed in its trial balance at 12312016balance in checking account

Q : The controller of sagehen enterprises believes that the....

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question - the controller of sagehen enterprises believes that the company should switch from the lifo method to the

Q : The company has an offer from duvall valves to produce the....

Accounting Basics :

question - the company has an offer from duvall valves to produce the part for 2000 per unit and supply 1000 valves the

Q : Construction of building a building was constructed on land....

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question - office equipment was acquired by issuing 100 shares of 35 par value common stock the stock had a market

Q : In 2008 masset sold 3000 units at 500 each what is massets....

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question - in 2008 masset sold 3000 units at 500 each variable expenses were 350 per unit and fixed expenses were

Q : Acc 341 resource allocation assignment what is the linear....

Accounting Basics :

resource allocation assignment pillercat inc produces several types of heavy equipment two of its products the r-1 and

Q : You are the independent accountant assigned to the audit of....

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question - you are the independent accountant assigned to the audit of brandi company the companys accountant a fellow

Q : Assuming groucho is in the 33 tax bracket what are his....

Accounting Basics :

problem - as of january 1 of the current year flywheel inc has e amp p of 25000 groucho owns all 320 shares of its