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Question - Kindly help with the accounting question below, show workings.
ABC Stokes sets up a new business. Before he actually sells anything he has bought motor vehicles of £3,000, premises of £7,000, stock of goods £2,000. He still owes £800 in respect of them. He had borrowed £4,000 from D Evans. After the events just described and before trading starts, he had £300 cash in hand and £600 cash at bank.
Calculate the amount of his capital.
frieden companys contribution format income statement for the most recent month is given belownbspnbspsales 47000
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Coats Company had zero units of beginning work in process. During the period, 9,000 units were completed, and there were 600 units of ending work in process. What were the units started into production?
Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. What journal entry would be needed to record the expense
the fair-value price was attributed to undervalued land while $50,000 was assigned to equipment having a 10-year life
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write down a 1250- to 1750-word paper in which you explain your position on national health care spending in the united
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Journalize the transactions. Complete the stockholders' equity section of the balance sheet at December 31, 2010 below.
The business maintains a perpetual inventory system, costing by the first-in, first-out method.
on january 2 2014 mahoney sales issued 10000 in bonds for 9400. they were 5-year bonds with a stated rate of 4 and pay
What accounting factors are important before determining whether a pending lawsuit should be accrued as a liability and reflected in the financial statements?
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