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A manufacturer purchased machinery for rs 50000.the estimated life of the machine was 10 years .At The beginning of the 4th year a new machine was purchased at a cost of rs 10000 and added to the list of machinery . You have been asked to write off 10 % depreciation under straight line method . You are required to show machinery account for the first 4 years
the valentine company has decided to buy a machine costing 31434. estimated cash savings from using the new machine
the 3600 of property taxes for the house in orlando were prorated with 1950 being apportioned to the seller and 1650
quayle oil company is considering investing in a new oil well. it is expected that the oil well will increase annual
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in july 2011 financial media reported that glencore international plc a large swiss-based multinational producer of
fogelberg corporation is a regional company which is an sec registrant. the corporations securities are thinly traded
A corporation issues for cash $2,000,000 of 8%, 15-year bonds, interest payable annually, at a time when the market rate of interest is 7%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the followin..
tinbergen cans expects sales next year to be 50000000. inventory and accounts receivable combined will increase 8000000
A local finance company quotes a 16.8 percent interest rate on one-year loans. So, if you borrow $30,000, the interest for the year will be $5,040. Because you must repay a total of $35,040 in one year, the finance company requires you to pay $35,..
Define the process you will use and address the following assessed classroom discussion questions: What procedures will be used to collect accounting evidence? What sampling tools and techniques will be used for the examination?
beth and ben are equal partners in the bb partnership formed on june 1 of the current year ben contributed land that he
russell age50 and linda age45 long have brought you the following information regarding their income and expenses for
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