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Q : Identify the accounting principle or assumption that scott....

Accounting Basics :

problem - scott and quick are accountants for millenium computers they disagree over the following transactions that

Q : Electro company manufactures an innovative automobile....

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question - electro company manufactures an innovative automobile transmission for electric cars management predicts

Q : Standard labor-hours allowed for actual output flexible....

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problem -actual total direct labor 546000actual hours worked 26000standard labor-hours allowed for actual output

Q : Sinkals functional currency was the stickle what was the....

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problem - sinkal co was formed on january 1 2011 as a wholly owned foreign subsidiary of a us corporation sinkals

Q : Prepare the adjusting entry to report the securities....

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question - player corporation purchases equity securities costing 73000 and classifies them as available-for-sale

Q : 1000 shares of dowe incorporated preferred stock 25000....

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question - the following information is available for kinney company at dec 31 2012 regarding its investmentssecurities

Q : Compute the predetermined overhead rate break the rate down....

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problem1 applying overhead overhead varianceschilczuk sa of gdansk poland is a major producer of classic polish sausage

Q : Prepare the adjusting entry if any for 2012 assuming all....

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question - the following information is available for kinney company at december 31 2012 regarding its investments3000

Q : Havaci company reports pretax financial income of 80000 for....

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question - havaci company reports pretax financial income of 80000 for 2012 the following items cause taxable income to

Q : The trial balance total does not equal the amount in....

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problem the following misstatements are sometimes found in the sales and collection cycles account balances1 several

Q : What were the standard hours allowed for the years....

Accounting Basics :

exercise- using fixed overhead variancesthe standard cost card for the single product manufactured by cutter inc is

Q : Allied paper products inc offers a restricted stock award....

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question allied paper products inc offers a restricted stock award plan to its vice presidents on january 1 2011 the

Q : Determine the total compensation cost pertaining to the....

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question american optical corporation provides a variety of share-based compensation plans to its employees under its

Q : Bmw convertible for use in promoting resort properties to....

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on january 1 2015 tropical paradise borrows 30000 by agreeing to a 5 four-year note with the bank the funds will be

Q : What will be the net increase in the denominator of the eps....

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question phn foods granted 18 million of its no par common shares to executives subject to forfeiture if employment is

Q : Prepare the independent auditors report related to your....

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brotherly loveducks lsquor us ducks a non-public company was founded in 2001 by three brothers huey dewey and louie

Q : Compute the direct materials price variance and the direct....

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question - puffy parkas inc manufactures designer parkas the company uses standard costing and has developed the

Q : Why is that im understanding the principal and rate also....

Accounting Basics :

i am new to course hero as this is my first question to a tutorhow do you get the time fractions for instance in the 3

Q : Cost of goods sold was 10800000 for webb and 6400000 for....

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question - webb co acquired 100 of rand inc on january 5 20011 during 2011 webb sold goods to rand for 2400000 that

Q : Instructions compute the ending inventory at may 31 and....

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ballas co uses a periodic inventory system its records show the following for the month of may in which 68 units were

Q : Income before interest and alphas salary was 175000....

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question - alpha and beta are equal partners at the beginning of the year alpha has 500000 in his capital account while

Q : Partner a capital account 100000 prepare the journal entry....

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question - the abc partnership has 3 equal partners with the following capital accountsa partner a capital account

Q : Prepare the entries for baker company to record the....

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on january 1 2014 baker company purchased 25 of the common stock of peter inc for 200000 during the year peter inc

Q : On october 29 2010 lue co began operations by purchasing....

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question - on october 29 2010 lue co began operations by purchasing razors for resale lue uses the perpetual inventory

Q : A company had credit sales of 50 million for the year and....

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a company had credit sales of 50 million for the year and estimates their bad debts to be 1 of net credit sales the