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Bentley records adjusting entries on December 31 year end. At December 31, employees had earned $21,000 of unpaid and unrecorded salaries. The next payday is January 3, during which $48,000 will be paid. Prepare the journal on January 3 to record payment assuming the correct adjusting and reversing entries were made on December 31 and January 1.
labor costs that are clearly associated with specific units or batches of product because the labor is used to convert
1.a restaurant purchased 7500 of food inventory on credit with terms of 35 net 30. calculate the cash discount and
on july 1 2010 linux corporation a wholesaler of electronics equipment issued 45000000 of 10-year 10 bonds at an
cedars hospital has average revenue of 180 per patient day. variable costs are 45 per patient day fixed costs total
An important element of evaluating leases is determining whether substantially all of the risk and rewards of ownership are transferred in the lease. How os "Substantially all" defined in the authoritative literature?
What General Fund journal entry should Grand Marais make on May 6, to record the approved purchase order?
cost-volume-profit analysis is used to analyze the relationship between revenues variable costs fixed costs profits and
Your contracting activity negotiated a $7,500,000 sole-source contract with the Williams Corporation about eight months ago. After the close of negotiations, Williams signed a Certificate of Current Cost or Pricing Data. During an audit for a follow-..
Calculate the target cost for maintaining current market share and profitability.
You are an accountant at Evergreen, Inc and your boss (the CFO) has asked you to prepare the company's statement of cash flows for an upcoming shareholders meeting.
the following information pertains to itemab345 of inventory of abc edu sysyrems inc. cost 45 per unit replacement cost
for 2012 lbj corporation reported net income of 75000 net sales 750000 and weighted average shares outstanding of 7500.
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