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The Thibeau Company had the Following current account activity last year.
Beginning Ending
Cash $ 30 $ 40
Accounts payable $55 $81
Accounts receivable 175 351
Accruals 15 20
Inventory 90 151
Current assets $295 $542
Question 1: Calculate the current account detail required for the Cash from Operating Activities section of the statement of cash flows
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The following bond investment transactions were completed during 2014 by starks company: Jan 31: purchased 75, $1,000 government bonds at 100 plus 30 days' accrued interest. The bonds pay 6% annual interest on July 1 and January 1.
A corporation distributes preferred stock for each 10 shares of common stock outstanding. A corporation incorporates a division and distributes the shares received pro rata to its shareholders.
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wes acquired a mineral interest during year for 10000000. a geological survey evaluated that 250000 tons of the mineral
What method yields the highest depreciation expense for 2013 and what method yields the most depreciation over the four-year life of the equipment?
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Prepare a memorandum setting out, with full supporting reasons and reference to relevant provisions of the Income Tax Act, the potential taxation consequences arising from the proposed transaction from the perspectives of both ART (Pty) Ltd and RK..
Prepare the journal entries for December on the books of the consignor, assuming that Gross profits on consignment sales are not determined separately.
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