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Q : During the annual impairment test conducted on december 31....

Accounting Basics :

question 1 -on may 1 2011 walker company a us company paid us4500000 to acquire all of the common stock of hayden

Q : Cash sales of 8400 were recorded incorrectly in the cash....

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question - cash sales of 8400 were recorded incorrectly in the cash receipts journal as 4800 what journal entry is

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

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question - adcock company issued 600000 9 20-year bonds on january 1 2017 at 103 interest is payable annually on

Q : Gridley company issued 800000 11 10-year bonds on december....

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question - gridley company issued 800000 11 10-year bonds on december 31 2016 for 730000 interest is payable annually

Q : What are the tax effects of extraordinary dividend on a....

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problem - microsoft was initially listed on nasdaq on march 13 1986 with an opening price of 2550 over the years the

Q : Who is responsible for preparing the federal budget how is....

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the australia government1 when is the federal budget prepared2 who is responsible for preparing the federal budget3 how

Q : Company issues 280000 20-year 6 bonds at 103 prepare the....

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question - company issues 280000 20-year 6 bonds at 103prepare the journal entry to record the sale of these

Q : If purchases of raw materials were 135000 during the year....

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problem - raw materials inventory jan 1 2011 32500raw materials inventory dec 312011 26700if purchases of raw materials

Q : If the preferred stock is cumulative determine the total....

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question - bower corporation has the following shares outstanding 15000 shares of 50 par value eight percent preferred

Q : Toland companys december 31 year-end financial statements....

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problem - toland companys december 31 year-end financial statements contained the following errorsthe ending inventory

Q : The date of record is november 15 and the payment date is....

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question - on november 1 2014 oster company declared a dividend of 300 per share oster company has 20000 shares of

Q : Stelwire llc a vintage car dealer advertises the sale of a....

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problem - stelwire llc a vintage car dealer advertises the sale of a 1964 ford thunderbolt ralph responds to the

Q : Compute depreciation expense under each of the following....

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question - crane company purchased equipment for 216240 on october 1 2017 it is estimated that the equipment will have

Q : Budget process and variances - discuss the initial budget....

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problem - you are a manager for a pet supplies manufacturer this responsibility requires you to create budgets make

Q : Prepare a 1050-word bank reconciliation report - what....

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scenario daisey company is a very profitable small business it has not however given much consideration to internal

Q : Foreign persons may either engage in business in the us or....

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question - foreign persons may either engage in business in the us or foreign persons may engage in investing

Q : What are the minimum lease payments in this lease agreement....

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problem -cavendish ltd signs a four-year lease agreement with froom rentals ltd on 21 april 2017 for an item of plant

Q : Ritas plzza bought equipment on january 2 2014 for 50000....

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question - ritas plzza bought equipment on january 2 2014 for 50000 the equipment was expected to remain in service for

Q : Prepare the journal entries that should be recorded as of....

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loss contingencies entries and essays polska corporation in preparation of its december 31 2017 financial statements is

Q : Assuming that actual warranty costs are incurred exactly as....

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question - company a sells a machine for 7400 with a 12-month warranty agreement that requires the company to replace

Q : Cartman makes supersized cheezy-poofs what is the material....

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question - cartman makes supersized cheezy-poofs cartman determined the standards for each unit bag of cheezy-poof

Q : July 15 declared a cash dividend payable to common....

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question - july 15 declared a cash dividend payable to common stockholders of 165000 aug 15 date of record is august 15

Q : Prepare the issuers journal entry for each separate....

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question - prepare the issuers journal entry for each separate transactiona on march 1 atlantic co issues 42500 shares

Q : On april 1 2016 becker company issued 8 percent bonds with....

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deferred taxescarastro company had the following tax items in 2015 and 2016 its first two years of operations the

Q : Prepare all necessary journal entries to record the....

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problem - prepare journal entries to record issuance of bonds interest straight-line amortization and balance sheet