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The balance sheet for Crutcher Corporation reported 200,000 shares outstanding, 300,000 shares authorized, and 20,000 shares in treasury stock. Compute the maximum number of new shares that Crutcher could issue.
What casualty loss deduction from this accident can Jim combine with his other casualty losses in computing his itemized deductions?
Prepare a Schedule of Cost of Goods Manufactured in good form and compute the Cost of Goods Sold.
Prepare the journal entry for the issuance when the market price of the common shares is $168 each and market price of the preferred is $210 each.
Red Barron Trucking discloses in the notes to the financial statements certain lease obligations. Sally Smith, CPA, believes that the failure to capitalize these leases is a departure from generally accepted accounting principles.
Prepare the general journal entries for the transactions and complete a horizontal analysis. Compute the percentage to the nearest tenth of a percent.
The company wants to maintain the Allowance for Doubtful Accounts at 6% of gross accounts receivable
Discuss whether Easyloan Bank Ltd can enforce the guarantee and mortgage (contracts) against ABC Pty Ltd. You should support your answer with reference to relevant sections of the Corporations Act 2001 and to relevant cases.
Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method for Jones Soda Co. for the year.
Determine the relevant costs for this order for the assembly division under both internal and outsourcing arrangements and determine the relevant costs for order for Davenport as a company under each of the sourcing arrangements.
What industries are most severely impacted by this increase? What projects would go forward as a result, what projects would be hindered?
illustrate what adjusting journal entry must be made to recognize bad debts expense on June 30, 2012?
Explain why you think the model you selected is most appropriate for accountants to stay within the realm of ethical behavior.
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