Company legal and financial responsibility

Assignment Help Accounting Basics

Reference no: EM13256608

Dec 29 Susquehanna equipment rentals was named, along with mission land scaping and collier construction ,as a co defendant in 25000 law suit filed on behalf of kevin davenport. Mission landscaping hadleft the rented backhoe in a fenced construction site owned bycolllier construction. After working hours on december 26, Daven porthad climbed the fence to play on parked construction equipment. While playing on the backhoe , he fell and broke his arms. The extent of the company legal and financial responsibility for this accident, if any, cannot be determined at this time. (Note: this event does not required a journal entrty at this time , butmay require disclosue in notes accompanying the statment).

Reference no: EM13256608

Questions Cloud

How to calculate the composition of the vapor phase : calculate the composition of the vapor phase at 25 °C if the vapor above the liquid phase is composed only of 1-propanol and 2-propanol

Explain a reaction of cyclobutene with nbs and light : A reaction of cyclobutene with NBS and light. Why does a bromide produce on the secondary carbon not the tertiary like a normal bromonation. What exactly does NBS do

Determine the possible rocs of the system : a) Draw a cascade or parallel form for the block diagram representation of the system b) Determine the possible ROC's of this system. For each case determine causality and stability of the system.

Flower shoppe that is needed for financial-statement : Additional information about the Flower Shoppe that is needed for financial-statement preparation:

Company legal and financial responsibility : The extent of the company legal and financial responsibility for this accident, if any, can't be determined at this time.

What will the price be in three years and in fifteen years : Patience, Inc., just paid a dividend of $3.15 per share on its stock. The dividends are expected to grow at a constant rate of 6.00 percent per year, indefinitely. Assume investors require an 11 percent return on this stock.

Create t-accounts for the accounts on the balance sheet : Create T-accounts for each of the accounts on the balance sheet and enter the balances at the end of 2005 asbeginning balances on January 1, 2006.

How do analog filters behave with low and high frequencies : The Integrator and Differentiator appear to behave like analog filters. What kind of filters are they, how do they behave with low and high frequencies

Compute the sample mean and sample variance : Simulate 2000 coin flip experiments with a biased coin with "success" probability (chance of 1) p = 1/5. Plot an outcome of the proportion of successes with respect to the number of coin flips. Supply your code.

User Account

All Pages