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Briefly discuss the differences between acting ethically and acting legally. Give an example of acting legally and yet unethically.
research relevant databases to identify important recent developments within frances accounting profession including
in three years when he is discharged from the air force steve wants to buy a power boat that will cost 8000. what
below is selected data for gertup corporation as of 123105 total assets 5500 current assets 2750 long-term debt 450
eichelberger trucking won a settlement in a lawsuit and was offered four different payment alternatives by the
Finished goods inventory was actually produced and properly costed?
Now FASB required that all employee stock options should be expensed on income statement. On Jan. 2005, AA company granted total $100,000 (fair value) of stock options to the employee.
the financial statements of the phelps manufacturing company reports net sales of 400000 and accounts receivable of
Only executives are permitted to buy yogurt machines at a discount. What is Sarah's adjusted basis for the yogurt machine and how much must she include in her gross income?
on april 15 2011 fire damaged the office and warehouse of stanislaw corporation. the only accounting record saved was
The bonds were quoted at 94 and pay interest quarterly on September 30th and December 31st. What were the total proceeds of the bond issue at the time of sale:
the machine will provide cost savings of 15000 per year for the next four years. if the companys required rate of
Evaluate and discuss how the under billings should have been accounted for in the original financial statements.Should the under billings be treated as gain contingencies? Explain your position.
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