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Castillo Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginning PBO, $78,000; service cost, $18,300; interest cost, $5,300; benefits paid for the year, $9,300; ending PBO, $92,300; the expected return on plan assets, $10,300; and cash deposited with pension trustee, $20,500. There were no other pension related costs. The journal entry to record the annual pension costs will include a credit to the PBO for?
nieland industries had one patent recorded on its books. this patent had a book value of 288000 and a remaining useful
write a summary of 250 words in which you discuss the difference between comparative and ratio analysis. differentiate
Prepare a statement of changes in owner's equity and accompanying notes appropriate to the section. Record the necessary journal entries before attempting to calculate other comprehenisive income on Lee Corporation Equity Scenario.
malibu corporation has monthly fixed costs of 66000. it sells two products for which it has provided the following
prepare summary journal entries for 2011 and 2012 to account for the installment sales and cash collections the company uses the perpetual inventory system.
steve and elaine lostbucks have come to you for tax advice concerning the purchase of a condominium in faulty towers in
an accounting firm provides consulting and tax planning services. a recent analysis found that 55 of the firms billable
Under the lease agreement, a security deposit of $15,000 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 10% per year. What amount will the company receive at the time the lease expires?
kristen montana operates a retail clothing operation. she purchases all merchandise inventory on credit and uses a
via gelato is a popular neighborhood gelato shop. the company has provided the following data concerning its operations
turks sells miniature digital cameras for 400 each. 900 units were sold in may and it forecasts 5 growth in unit sales
rankine company estimates its bad debts expense by aging its accounts receivable and applying percentages to various
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