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The following data relates to Centaurus Co for the year ended 31/12/2019.
Net Income $74680, Owner's Equity 1/4/2019= $842,000 and Closing Owner's Equity at 31/3/2020 = $883,000
Problem 1: Calculate the return on owner's equity for 2019 as a percentage
Morgan Corporation issues $100,000 of 5% (paid annually), three-year bonds on June 1. Prepare the journal entry to record the bond issue
Choose one possible scheme for embezzlement. For each weakness, describe what the attorneys could have done to prevent the loss.
bandy corporation owns a machine which manufactures lawn games. production time for the croquet set is ten units per
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Prepare a schedule that shows the amount of compensation expense allowable to each year affected by the stock appreciation rights plan
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Identify and identify the issue in each case a, b, c, d and explain the type of auditor's opinion required for each issue outlined above and why
Assuming the 2016 unit sales mix and fixed costs do not change in 2017, what must total unit sales be in 2017 for X Company to earn $124,000 after taxes?
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