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Problem 1: The Sorrento Skies Corporation issues 16,000 shares of $100 par value preferred stock for cash at $120 per share. Journalize this transaction.
Problem 2: G. Jones Corporation was organized on January 1, 2014, with authorized capital of 1,000,000 shares of $10 par value common stock. During 2014, Jones issued 40,000 shares at $12 per share, purchased 4,000 shares of treasury stock at $13 per share, and sold 4,000 shares of treasury stock at $14 per share. Calculate the amount of additional paid-in capital at December 31, 2014.
You intend to enquire of management as to the reasons for the current year increase, by how much closing inventory may be overstated
nutralabs inc. leased a protein analyzer to werner chemical inc. on september 30 2011. nutralabs manufactured the
Prepare the journal entries on books of lessee and lessor through December 31, 2011 and at the end of the lease assuming that actual residual value was $65000
on janurary 1 2010 bukner steel co. issued a 300000 3 year 6 installment note payable with payments of 100000 principle
Use the information in RE21-3. Prepare the journal entries that Richie Company (the lessor) would make in the first year of the lease assuming the lease is classified as a sales type lease.
what information does the cash flow statement provide that you cannot see in the other financial statements income
Compute the amount to be reported as research and development expense by Oriole on its current year income statement
Appropriate Transfer Prices: Opportunity Costs - Compute the annual gross profit for the Peanut Division using a transfer price of $2.00
Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2014. (List current assets in order of liquidity.)
Create REA diagram for indoapril revenue system! Give your advice in terms of technology for Indoapril regarding their current system updates
A 2,000-bit message is used to generate a 256-bit hash. One the average, how many other messages could be expected to generate the same hash value? What does this tell us about the length of a hash as compared to the length of the message?
Transactions occur during the month of July.
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