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Discuss the ethical dilemma Alice faces in determining the treatment of the $30 million equipment purchase.
Discuss the accounting treatment of the depletion and depreciation on the mine and mining facilities and equipment.
Follow any specific directions you receive. Consider who it is you are communicating with. Consider what your overall purpose in communication is.
Why did the United States have no central bank between 1836 and 1913? Why did Congress decide to establish the Federal Reserve System in 1913?
What is Mr. Maxwell's apparent motivation for the change in the way contributions are handled? Do you perceive an ethical dilemma?
Prepare the journal entries required by Runyan, assuming that 10 million shares represents a 10% interest in net assets of Lavery rather than a 30% interest.
When considering whether to account for its investment in Marlon under the equity method, what criteria should Miller's management apply?
Explain whether Valleck should report a liability in addition to the note. Why or why not? For full disclosure, should anything be added to the disclosure note
Assuming sales of sprinklers in 2011 were $3.6 million and warranty expenditures in 2011 totaled $88,000, prepare any journal entries related to the warranty.
Prepare the journal entry to record Fuzzy Monkey's investment on January 1, 2011. How would Fuzzy Monkey's 2011 statement of cash flows affected by investment?
Determine the appropriate means of reporting each situation. Explain your reasoning. Prepare any necessary journal entries and disclosure notes.
Prepare an amortization schedule for the four-year term of the installment note. Prepare the journal entry for the first installment payment on December 31.
Prepare a journal entry to correct the error. What other step(s) would be taken in connection with the error?
Do you perceive an ethical dilemma? What would be the impact of following up on Claude's plan? Who would benefit? Who would be injured?
How would increasing the depreciation period affect American Movieplex's income? Does revising the estimate pose an ethical dilemma?
Prepare appropriate entries for both Mid-South Urologists Group and Physicians' Leasing from the inception of the lease through the second rental payment.
By how much will Appling's earnings be increased or decreased by the bonds (ignoring taxes) in the September 30 quarterly financial statements?
Determine Abbott and Abbott's pension expense for 2011. Prepare the journal entries to record Abbott and Abbott's pension expense, funding and payment for 2011.
Prepare the 2011 journal entry to record pension expense. Prepare the journal entry(s) to record any 2011 gains and losses.
Prepare the appropriate journal entries to record the expense as well as the cash contribution to plan assets and payment of benefits to retirees.
Which view do you favor? Develop a list of arguments in support of your view prior to the class session for which the case is assigned.
How will a buyback of shares provide a quick fix for EPS? Is the proposal ethical? 3. Who would be affected if the proposal is implemented?
Prepare the journal entries that Brenner-Jude must have recorded during the year for these transactions.
Determine the return on shareholders' equity for 2011. What does the ratio measure?
Prepare the appropriate journal entry to record the award of restricted shares on January 1, 2011.