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Question - How do you calculate prepaid insurance as well as interest receivable?
On March 1, 2018 the company lent a supplier $20,000 and a note was signed requiring principle and interest at 8% to be paid on February 28, 2019.
On April 1, 2018, the company paid an insurance company $6,000 for a 2 year fire insurance policy. The entire $6,000 was debited to insurance expense.
expected sales for tents at sandys camping gear are 4200 6100 2200 3400 and 5300 for the next five quarters. at the end
on may 1 company reacquired 2000 shares of its own 2 par value stock for 100000 cash. on june 30 800 of the treasury
What is the basic difference between absorption costing and variablting? Explain how fixed manufacturing overhead costs are shifted from one period to another under absorpti sting.
you are the general accountant for supercomputer systems inc. a typing service based in san diego california. the
atlas steel company produces three grades of steel high good and regular grade. each of these products grades has high
Its accountant uncovered $87,000 in net positive adjustments and $2,000 of preference items in determining its alternative minimum taxable income. What are the corporation's AMTI and AMT?
on 31st march 2009 the total assets and external liabilities were 200000 and 6000 respectively. during the year the
Indicate (by letter) the way each of the items listed below should be reported in a balance sheet at December 31, 2011.
If the labor supply curve shifts to the left and the labor demand curve remains unchanged, what will happen to the equilibrium wage and the equilibrium level of employment? Illustrate your answer with a graph.
the calgary eskimos play in the canadian hockey league. although the eskimos will soon be moving to a modern arena
keanu sold land for 400000 plus a note for 400000. the interest rate on the note was equal to the federal rate. the
amanda and chris mcdermott own a small business plastic dollars which produces and maintains stored value cards for
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