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At the end of Year 1, Manny Company recorded its ending inventory at $350,000 based on a physical count.During Year 2, the company discovered the correct inventory value at the end of Year 1 should have been $400,000 because it made a counting error. Upon discovery of this error in Year 2, what correcting journal entry will Manny Company make? Ignore income taxes.
london purchased a piece of real estate last year for 83800. the real estate is now worth 103200. if london needs to
This equipment will last only a total of three years. The salvage value remains unchanged. Compute the revised depreciation for the second year.
felon company expects a total of 20000 sales in june. of these credit sales are expected to be 12000. collections are
clyde currently commutes 55 miles to work in the city. he is considering a new assignment in the suburbs on the other
two wheels operates on a fiscal year beginning january 1. at the beginning of the year the shop had 6 bicycles 394 each
if 20000 is deposited in a savings account at the end of each year and the account pays interest of 4 compounded
Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.
how do you account for the clean up fee in this scenario she also says that she has a booth reservation and he would
find a journal article online about standard costing. in the subject line of your post include the title of the article
in 2011 salt lake resorts inc. generated a capital gain of 300000 and no other taxable income or loss. in 2013 the
in accounting describe what is meant by posting the fourth step in the processing cycle. please in your own
an outside supplier is interested in producing the item for sandusky. if the item is produced outside sandusky could
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