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Brett Favre Repair Shop had the following transactions during the first month of business. Journalize the transactions.
a) Aug. 2 Invested $12,000 cash and $2,500 of equipment in the business.b) 7 Purchased supplies on account for $400. (Debit asset account.)c) 12 Performed services for clients, for which $1,300 was collected in cash and $670 was billed to the clients.d) 15 Paid August rent $600.e) 19 Counted supplies and determined that only $270 of the supplies purchased on August 7 are still on hand.
in a recent period 13000 units were produced and there was a favorable labor efficiency variance of 23000. if 40000
Discuss the Sarbanes-Oxley implications on the preceding facts. Cite specific provisions of SOX that are identified. Discuss areas where other violations could occur.
while reviewing the march 31 2012 balance sheet of business solutions santana rey notes that the business has built a
If the line is busy or if there is no answer, she uses the next number on her list as a replacement. Comment on both the randomness and the representativeness of the sample of persons who end up being interviewed.
imagine your company has 3 products tvs stereos and speakers. the profit is 100 per tv 30 per stereo and 30 per
1. Calculate the depreciation that would be reported this year under each of the three methods shown in this chapter. Which of the methods would meet the owner's objective?
After examining a child at his 2-year checkup, the boy's pediatrician said that thez-score for his height relative to American 2-year-olds was - 1.88. Write a sentence to ex- plain to the parents what that means
1 the cost of wages paid to employees directly involved in converting materials to finished product is classified as
Based on the information you researched, assess the failure of the firm's accounting information system to prevent the related fraud / embezzlement.
Difference between debt ratio and insolvency
candro corp. began operations on may 12010 and completed the following transactions during its first month of
thompson industries uses a special printer in its operations. lately sales have increased to the point that it takes
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