Problem based on hot air balloon
Question: A hot air balloon has a volume of 4.00 x 10^5 L at 30 deg. C and pressure of 748 mmHg. If the avg molar mass of air is 29.0 g/mol, what is the mass of the hot air balloon?
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Record the journal entry for the provision for collectible account under each of the following independent assumption. 1. the allowance for doubtful account before adjustment has credit balance of $500.
Peg Co. leased equipment from Howe Corp. on July 1, 2013, for an eight- year period expiring June 30, 2021. Equal payments under the lease are $ 600,000.
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Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are processed independently.
A hot air balloon has a volume of 4.00 x 10^5 L at 30 deg. C and pressure of 748 mmHg. If the avg molar mass of air is 29.0 g/mol, what is the mass of the hot air balloon?
Explain the circumstances under which Randy's decision would be acceptable under GAAP and circumstances under which it would definitely be unacceptable.
Porter Corporation owns all 30,000 shares of the common stock of Street, Inc. Porter has 70,000 shares of its own common stock outstanding. During the current year.
A product sells for $525 per unit, and its variable costs per unit are $305. The fixed costs are $1,538,500. If the firm wants to earn $67,500 pretax income, how many units must be sold?
Walmart acquires a tract of land on January 1, 2009 for 100,000 cash. On December 31, 2009, the current market value of the land is 150,000. On December 31, 2010 the current market value of the land is 120,000.
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