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Aloha Corporation issues 11,000 shares of its common stock for $111,100 cash on February 20.
1. Assume the stock has neither par nor stated value. Prepare journal entries to record this event.
2. Assume the stock has a $7 par value. Prepare journal entries to record this event.
3. Assume the stock has an $3.5 stated value. Prepare journal entries to record this event.
identify the job aspects, educational requirements, and preeminent accounting fields in which to work. Determine at least two (2) ways that accounting or accountants can have a direct impact on society.
on march 1 2011 the accounting records of stein company showed the following liability accounts and balances accounts
On July 1, Job 46 had a beginning balance of $1,235. During July, prime costs added to the job totaled $560. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,921.
Bo Vonderweidt, the production manager for Sportway Corporation, had requested to have lunch with the company president. Vonderweidt wanted to put forward his suggestion to add a new product line
Net income for the year ended December 31, 2004 was $775,000. What should be Reese's 2004 earnings per common share?
Fulfil all required journal entries for each of the long-term activities, which took place during 20x7. Keep in mind to account for the appropriate depreciation expense for the year on any of the long-term assets.
what is the amount of variance that is attributed to the difference between the budgeted and actual wage rate per
bohemian links inc. produces sausages in three production departments-mixing casing and curing and packaging. in the
1. think about the transactions listed below.a. a company obtains a 10000 loan from a bank.b. a
Don pays Cardinal Construction Corporation $2.8 million to do the work. Don also pays an architect $400,000 to draw up plans for the project. Because the rewiring requirements are so extensive, Cardinal pays Dove Electric Company $500,000 to handl..
Calculate the annual rental - determine the amount to be capitalized by Lessor
a company with a break-even point at 900000 in sales revenue and had fixed costs of 225000. when actual sales were
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