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Q : What account would be debited and credited to record the....

Accounting Basics :

questions -q1 audio outfitter inc which uses a perpetual inventory system experienced a normal inventory shrinkage of

Q : Assuming that blue lake summer camp agrees that jake was....

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question - jake worked in blue lake summer camp which paid him 3000 in 2015 as a independent contractor self-employed1

Q : Assume that the additional debt will add 110000 of interest....

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questions -a assuming debt was 1500000 higher in 2015 what would the debt-to-equity ratio have beenb assume that the

Q : Puppy prepares its internal reporting for the year ending....

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question - puppy obtain 100 of swans outstanding common stock on january 1 2011 by issuing 1000000 shares of 15 par

Q : If the company makes an adjustment as of december 31 2010....

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question - on october 1 2010 jenson co paid 75000 for its rent for the five months from october 2010 through february

Q : Cash dividends of 1500 were paid on december 15 2010 what....

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question - phillips camera store had a retained earnings balance of 1000 on january 1 2010 for the year 2010 sales were

Q : The pharmacy depreciates all assets using the straight-line....

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question - buy-rite pharmacy has purchased a small auto for delivering prescriptions the auto was purchased for 25000

Q : Kivi is evaluating two similar acquisition opportunities....

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question - kivi service stations is considering expanding its operations to include the greater dubuque area rather

Q : Prepare journal entries to record each of the disposal....

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question - during the current year hitchcock develops disposed of plant assets in the following transactionsfeb 10

Q : Examine the potential results of measuring the fair market....

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question - from the e-activity discuss the impact of adopting ifrs reporting on equity-based accounting for financial

Q : During the current year domco had 100 million of sales a....

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question - during the current year domco had 100 million of sales a gross profit of 40 million and incurred 30 million

Q : If the company sold 80000 units what total dollar amount....

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question - the hobbes company manufactures stuffed toy animals and had the following cost information for the

Q : Prepare 2011 2012 and 2013 entries related to this....

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question - pepper acquires 80 of salt on january 1 2011 and uses the equity method to account for its investment in

Q : Ted thalia is tops corporations controller he has been with....

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question - ted thalia is tops corporations controller he has been with the company for 20 years and is being considered

Q : Primare corporation has provided the following data....

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question - primare corporation has provided the following data concerning last months manufacturing operationspurchases

Q : On that date the fair value of the inventory was 30000....

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question - marino company had the following balance sheet on january 1 2013cash10000accounts

Q : She spent 300 for airfare to another business seminar and....

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question - during the year 2013 ricki who is not self-employed and does not receive employer reimbursement for business

Q : Beginning work in process inventory 123000 direct materials....

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question - a company developed the following data for the current year beginning work in process inventory 123000

Q : Naoki manufacturing company nmc was started when it....

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question - naoki manufacturing company nmc was started when it acquired 42000 by issuing common stock during the first

Q : Units beginning work in process 20000 ending work in....

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question - a department production process shows units beginning work in process 20000 ending work in process 60000

Q : In a company one department had beginning work in process....

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question - in a company one department had beginning work in process of 5000 units transferred out 15000 units and had

Q : A company manufactures customized furniture what is the....

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question - a company manufactures customized furniture the following pertains to job no 735direct materials used

Q : Total materials costs equal 60000 equivalent units for....

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question - conversion cost per unit equals 6 total materials costs equal 60000 equivalent units for materials are 12000

Q : On may 1 2010 riley company issues 30000 shares of its 10....

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question - on may 1 2010 riley company issues 30000 shares of its 10 par value 25 fair value common stock in exchange

Q : At year-end only 24000 of merchandise was still being held....

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question - tower inc owns 80 of yale co and applies the equity method during the current year tower bought inventory