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Adjusting entries: When the accounts of Constantine Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of annual fiscal period. The prepaid insurance account shows a debit of $9,000, representing the cost of a 2-year fire insurance policy dated August 1 of the current year. On November 1, Rental Revenue was credited for $4,000, representing revenue from a sub-rental for a 3-month period beginning on that date. Interest of $900 has accrued on notes payable. You are to prepare the missing adjusting entry. For each journal entry write Dr. for debit and Cr. for credit.
Elias Corporation has the following cost records for February 2013- Prepare a cost of goods manufactured schedule for February 2013
Prepare the journal entry DeFilippo Company would make to record this transaction. (b) Prepare an amortization schedule for the note using the effective-interest method.
Examine the legal liability an accounting professional has, including how a CPA is protected.
being a marketing manager of a pharmaceutical company at domestic scale list down the core competencies of your firm
during the year 2009 tosco corporation suffered an 800000 loss when its factory was destroyed in a flood. assuming the
susan brauns regular hourly wage rate is 16 and she receives an hourly rate of 24 for work in excess of 40 hours.
The requirements for effectively liquidating a corporate entity under Missouri state law. Using the internet as your sole research source, prepare a paper discussion (your opinion) on how an entity incorporated in Missouri state is liquidated,..
Which of the following best describes the deductions independent contractors may claim for valid business reasons?
Calculate the partner's distributive shares of partnership income or loss and separately stated items.
Given the allocated costs at 10% of revenue, calculate the number of workshops that must be offered to break-even. Re-calculate #2 above, assuming Janice can re-negotiate the part-time trainers’ cost to $1000 per workshop.
Greenville Corporation is considering the addition of a new product to its current product lines. The expected cost and revenue data for the new product are as follows:
The following errors took place in journalizing and posting transactions: a. A withdrawal of $20,000 by Joel Goodson, owner of the business, was recorded as a debit to Wages Expense and a credit to Cash.
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