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An NFPO had the following transactions and events. Prepare journal entries to record these transactions and events, based on the assumption that the NFPO uses a single account to record all unrealized and realized investment gains and losses. Then, prepare journal entries for events 2 and 3, based on the assumption that the NFPO separates unrealized from realized investment gains and losses.1. On July 15, 2012, an NFPO received a donation of Google stock that had a fair value of $ 75,000 at the time of the donation. The donor told the NFPO that the stock could be sold and used only to finance a particular research project.2. On December 31, 2012, when the NFPO closed its books, the stock had a fair value of $ 76,500.3. On February 15, 2013, the NFPO sold the stock for $ 76,000.4. On March 15, 2013, the NFPO spent the entire $ 76,000 on the research project for which the donor made the gift.
At December 31,2010 the fair value of the Carlin, Inc. bonds was $318,000. What should Richman Co. report as other comprehensive income and as a separate component of stockholders' equity?
the income statement and balance sheet for Blue Bill Corporation for 2013. Based on the historical statements and the additional information provided, construct the firm's pro forma income statement and balance sheet for 2014.
Corresponds to CLO 2(c) Ruben Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.25 per unit.
piedmont fasteners corporation makes three different clothing fasteners in its manufacturing facility in north
chipper division of acme corp. sells 80000 units of part z-25 to the outside market. part z-25 sells for 40 has a
Calculate the firm's 2003 earnings per share (EPS). How large a per share cash dividend did the firm pay on common stock during 2003?
you are considering an investment opportunity that would give you 20000 per year at the end of each of the next 5
Record pension expenditures are not always influenced by actuarial computations.
franco electronics currently sells a camera for 300. an aggressive competitor has announced plans for a similar product
Assume the same facts as in RE18-1, except that Lilac Corporation defers the recognition of revenue to the period when the cash is received.
Research a U.S.-based company that manufactures technology products
memofax inc. produces memory enhancement kits for fax machines. sales have been very erratic with some months showing a
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