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on august 31 2011 wood corp issued 100000 shares of its 20 par value common stock for the net assets of pine inc in a
fara co reported bonds payable of 47000 at december 31 2009 and 50000 at december 31 2010 during 2010 fara issued 20000
wood co owns 2000 shares of arlo incs 20000 shares of 100 par 6 cumulative nonparticipating preferred stock and 1000
pare inc purchased 10 of tot cos 100000 outstanding shares of common stock on january 2 2010 for 50000 on december 31
sage inc bought 40 of adams corps outstanding common stock on january 2 2010 for 400000 the carrying amount of adams
on march 1 2010 acadia purchased 1000 shares of common stock of marston corp for 50000 and classified the investment as
strauch co has one class of common stock outstanding and no other securities that are potentially convertible into
shafer corporation a nonpublic company established an employee stock option plan on january 1 2011 the plan allows its
in connection with a stock option plan for the benefit of key employees ward corp intends to distribute treasury shares
during 2011 haft co became involved in a tax dispute with the irs at december 31 2011 hafts tax advisor believed that
on november 5 2011 a dunn corp truck was in an accident with an auto driven by bell dunn received notice on january 12
exercise 1 - schedule of cash collectionssugarland company sells a single product and anticipates opening a new
on january 1 year 1 an entity acquires for 100000 a new piece of machinery with an estimated useful life of 10 years
collections during 2012 500000 expected collections during the first sixty days of 2013 100000 expected collections
elm city issued a purchase order for supplies with an estimated cost of 5000 when the supplies were received the
during its fiscal year ended june 30 2012 cliff city issued purchase orders totaling 5000000 which were properly
for the year ended december 31 2012 the general fund of ward village reported revenues from the following sources on
the following transactions were among those reported by corfe citys electric utility enterprise fund for 2012capital
answer the following questions and show workquestion ii fedex express acquired a delivery truck on january 1 2009 for
assume that at the beginning of 2015 quickair purchased a used jumbo 747 aircraft at a cost of 5670000000 quickair
the certified public accountant is frequently called upon by management for advice regarding methods of computing
grant co began operations on january 1 08 on january 1 09 grant changed its inventory method from lifo to fifo for both
mann inc had 300000 shares of common stock issued and outstanding at december 31 year 1 on july 1 year 2 an additional
victor corporation was organized on january 2 year 1 with 100000 authorized shares of 10 par value common stock during
question - on january 1 2013 lauras living company has the following defined benefit pension plan balancesprojected