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Apple subscription accounting method before and after - what would be the changes on the income statement and balance sheet?
Nadal declared and paid a cash dividend of $36,000. On December 31, Nadal reported a net income of $85,000 for the year. Create all necessary journal entries in 2010 for both situations.
Based on the formulas you have reviewed, what happens to contribution margin per unit when unit selling prices increase? Illustrate your explanation with an example from a fictitious company of how an increase in unit selling prices might affect ..
At the beginning of 2010; Tigrob, Inc. had a deferred tax asset of $4,000 and a deferred tax liability of $6,000. Pre-tax accounting income for 2010 was $300,000 and the enacted tax rate is 40%. Determine ending balance in Tigrob, Inc's deferred..
Compute the consolidation worksheet entries to recognize the effects of the intra-entity bonds
Write the journal entry to show the effect of the sale of the season tickets and Write the journal entry to show the effect of presenting an event.
Show how the direct deposit of $1,500 (drawn on her employer's bank) into Rosa's checking account affects the bank balance sheet.
Calculate the amount of each adjustment needed, if any, as of February 28 - Applying the time-period concept
Check by number the accounting assumption, principle, or constraint that explains each situation below. Do not use a number more than once.
Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra revenues: compute net sales for the two months ended December 31, 2011.
Prepare an income statement for the year ended December 31, 20X6, by using direct costing and prepare an income statement for the year ended December 31, 20X6, by using absorption costing.
calculation of estimated allowance for doubtful accounts.the draber company uses the allowance method based on the
The fair value of the equipment at December 31, 2013, is $5,100. Prepare the journal entry (if any) necessary to record this increase in fair value.
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