What was the balance in the cash account
On October 31, a company's Cash account had a normal balance of $7,000. During October, the account was debited for a total of $4,250 and credited for a total of $5,340. What was the balance in the Cash account at the beginning of October?
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At the beginning of 2007, a decision was made to change to the straight-line method of depreciation for this machine. Assuming a 30% tax rate, the cumulative effect of this accounting change, net of tax, is
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The value of the personal residence was $80,000 and the value of the vacation home was $45,000 at the dates of the debt reduction.
Define targeting. Using the different segmentation variables identify the target market customer who is most likely to buy: a) hedge trimmer, and b) Tide laundry detergent.
The actual overhead cost incurred during the year was $350,000 and the actual direct labor-hours incurred on jobs during the year was 90,000 hours. The manufacturing overhead for the year would be:
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Assuming that King Co. entered into the forward contract as a fair value hedge of a firm commitment related to a 96,000 LCU sale that will be made on February 1, 2012, prepare the journal entries relating to the firm commitment and the forward con
Calculate Mike's buying price for a pint of beer by writing down his reference point and solving for the price pB such that he is indiff erent between getting a pint for pB and not getting or paying anything.
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