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A newly created design business called Smart Art is just finishing up its first year of operations. During the year there were credit sales of 40,000 and collections of 36,000. One account for $650 was written off. Smart Art uses the percent-of-sales method to account for uncollectible account expense, and has decided to use a factor of 2% for their year-end adjustment of uncollectible account expense. At the end of the year what is the ending balance in Accounts recievable?
in january 2007 the average price of an asset was 27558. 5 years earlier the average price was 21408. what was the
job order cost accounting battle manufacturing uses a job order cost accounting system. on october 1 the company has a
a company reported stockholders equity on january 1 of the current year as follows common stock 5 par value 1000000
What is the amount of interest income that should be recognized by Jacobs in 2010, using the effective-interest method?
1. company g which has 30 marginal tax rate owns a controlling interest in company j which has a 12 marginal tax rate.
The balance sheet also shows $90 million in accounts payable, $120 million in notes payable, $300 million in long-term debt, $50 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. If the company..
lucinda owns 1100 shares of old corporation stock at a time when old corporation has 2000 shares of stock outstanding.
lhu corporation makes and sells a product called product wz. each unit of product wz requires 3.8 hours of direct labor
company abc was formed on january 1 2009 by selling and issuing 25000 shares of 12 par value common stock at 15 per
many organizations have been in the news over the past few years due to accounting ethical breaches that have affected
ABC Company reported net income of $24,000 on gross sales of $110,000. The company has total assets of $215,000, of which $120,000 is property, plant, and equipment. What is the company's return on investment?
complete the table to compare the effects of dropping the ski line of products. enter all amounts as positive numbers
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