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Q : Calculate amount of exchange gainloss if any that should be....

Accounting Basics :

question - prints galore ltd a canadian company acquired 100 of sculptures ltd for fc 300000 on january 1 2014 prints

Q : Prepare dated journal entries for fleming to reflect the....

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question - on june 1 2014 fleming co sold goods to bff ltd for fc 200000 and entered into a 90-day forward contract

Q : Mcconnell corp has a book value of equity of 13280....

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question - mcconnell corp has a book value of equity of 13280 long-term debt is 8350 net working capital other than

Q : Prepare a bank reconciliation for the msi checking account....

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question - the bank statement for the checking account of management systems inc msi showed a december 31 2013 balance

Q : Compute the amount of gross profit to be recognized from....

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question - on july 1 2013 the foster company sold inventory to the slate corporation for 410000 terms of the sale

Q : How much revenue will appear in the companys income....

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questions -q1 during 2013 rogue corporation reported sales revenue of 610000 inventory at both the beginning and end of

Q : Calculate the amount at which lincoln should record the....

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questions -q1 on june 30 2013 singleton computers issued 7 stated rate bonds with a face amount of 200 million the

Q : The company ended 2016 with inventory of 240 million....

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question - assume 007 inc made sales of 9644 million during 2016 cost of goods sold for the year totaled 6553 million

Q : Calculate the dividends received deductions for each....

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question - review the following potential investments by gain corporationcorporate investmentscenario 1scenario

Q : If halibut company pays the invoice within the discount....

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question - halibut company purchased merchandise on account from a supplier for 18600 terms 210 n30 halibut company

Q : During 20x1 little reported net income of 70000 and paid....

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question - on january 1 20x1 big company big bought 30 of the outstanding stock of little company little for 110000

Q : Silver company makes a product that is very popular as a....

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question - silver company makes a product that is very popular as a mothers day gift thus peak sales occur in may of

Q : Prepare the journal entry to record the payment of interest....

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question - on july 1 2014 flanagin corporation issued 2000000 10 10-year bonds at 2271813 this price resulted in an

Q : Aa hardware uses the lifo method to value its inventory....

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question - aa hardware uses the lifo method to value its inventory inventory at the beginning of the year consisted of

Q : Lon declared dividends of 6 000 on preferred stock and ....

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question - lyon declared dividends of 6 000 on preferred stock and 17280 on common stock at the beginning of 2013

Q : Prepare journal entries for the issuance of the notes and....

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question - at the start of the year triple t company issued 6 million of 7 notes along with warrants to buy 400000

Q : Prepare a journal entry for the following transactions on....

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question - prepare a journal entry for the following transactions on august 30th decreases in asset accounts are

Q : Calculate diluted earnings per share for 2013 and the....

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question - francis company has 12000 shares of common stock outstanding at the beginning of 2013 francis issued 1500

Q : Spartan made dividend distributions of 1200 on june 1 and....

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question - spartan corporation redeemed 25 percent of its shares for 3300 on july 1 of this year in a transaction that

Q : Journalize the adjusting entry required at the end of the....

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question - the supplies account had a beginning balance of 3375 and was debited for 6450 for supplies purchased during

Q : Calculate diluted earnings per share for 2013 and the....

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question - francis company has 9600 shares of common stock outstanding at the beginning of 2013 francis issued 1200

Q : Assume hudson co has a target pretax income of 154000 for....

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question - hudson co reports the contribution margin income statement for 2015hudson co contribution margin income

Q : Hudson co reports the contribution margin income statement....

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question - hudson co reports the contribution margin income statement for 2015hudson co contribution margin income

Q : The book values of congers assets and liabilities....

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question - road corporation acquired all of conger corporations voting shares on january 1 20x2 for 480000 at that time

Q : Common stock is no-par with a stated value of 5 per share....

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question - the ledger of giffin corporation at december 31 2014 after the books have been closed contains the following