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A,B,C and D are partners sharing profits in the ratio of 3:4:3:2 . On the retirement of C,the goodwill was valued at Rs.60,000. A,B,C,D adecide to share future profits equally. Pass jorunal without opening goodwill ac.
Wheelie Corporation is a calendar year taxpayer. For the past nine years its taxable income has been stable, averaging $2 million per year.
which of the following statements concerning audit evidence is true?a clients accounting data can be sufficient audit
last year charles and kathy price bought a home with a dwelling replacement value of 200000 and insured it via an ho-3
krispy treats snack food company manufactures three types of snack foods tortilla chips potato chips and pretzels. the
macon farms raises peaches that at harvest are separated into three grades premium good and fair. joint cost is
What basic accounting principle is violated by the recording of the warranty reserve directly to retained earnings?
the following budgeted cost information is for 2013 when revenue is expected to be 201600 direct materials nbsp nbsp
mr. and mrs. d file a joint return for the current year. mr. d is 67 years old and mrs. d is 52 years old. they provide
What is the net amount of cash received from the sales made during the period and what are the companys primary products and/or services?
The following costs were incurred in August: Direct materials $37,000 Direct labor 14,000 Manufacturing overhead 38,000 Selling expenses 10,000 Administrative expenses 28,000 Conversion costs during the month totaled:
in 2012 lisa and fred a married couple have taxable income of 390000. if they were to file separate tax returns lisa
Research and locate the business information of an energy company. The investigation team has assigned to you the task of identifying databases that are repository of public records, and that may be used for investigating the following:
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