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An accountant is confirming an AR balance as of year end. The invoice was for 2020 and was over 900k. $300k of the balance was paid during 2021 and 100k was paid during 2022: the remaining is left unpaid please advise what the auditor should do if portion of the balance was paid in 2021 And there is an outstanding amount which has not been paid. this is medical services and they are having problems getting the entire balance paid accordingly.
Should an adjustment be made? If so what adjustment.
Find What are the nominal and effective costs of trade credit under credit terms of 2/10, net 40? Assume a 365-day year. Do not round intermediate calculations.
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Spencer Duck (SSSN 000-22-111) is single and his eight year old son, Mitch, lives with him nine months of the year in a rented condominium at 321 Hickory Drive in Ames, Iowa. Mitch lives with his mom, Spencer's Ex-wife, during the summer months. His ..
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On December 31, 2015, Berclair Inc. had 600 million shares of common stock and 16 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2016, Berclair purchased 30 million shares of its common stock as tr..
Find the PV of the firm's stock price at the end of Year 3. Shell is experiencing rapid growth. Earnings and dividends are expected to grow
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