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Problem 1: A 37000 loan at 8.2% compounded semi annually is to be repaid by equal semi annual payment over 10 years .Construct an amortization schedule.Payment, interest, principal portion, principal balance
Mio was transfer from New York to Germany. He lived and worked in Germany for 340 days in 2015. Mio's salary for 2015 is $190,000. In your computation, round any division to four decimal places before converting to a percentage.
Purchased inventory that cost $2,200 on account from Blue Company under terms 1/10, n/30. The merchandise was delivered FOB shipping point . Freight costs of $110 were paid in cash.
Determine the dollar amount of the company's outstanding checks on September 30.
At December 31, 2015 and 2016, Funk & Noble Corporation had outstanding 640 million shares of common stock and 4 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 20..
To raise operating funds, North American Courier Corporation sold its building on January 1, 2016, to an insurance company for $540,000 and immediately leased the building back. Prepare the appropriate entries for North American on January 1, 2016, t..
Benedict is 37 years old and would like to establish a retirement plan. Develop a spreadsheet model that could be used to assist Benedict with retirement planning. Benedict’s expected annual expenses after retirement (current dollars) = $90,000 Rate ..
In which situation does the internal auditor lack objectivity?
Cool Globe Inc. entered into two transactions, as follows: Prepare the journal entries for these transactions.
On September 30, Sweet Cheeks completed service for which it had received payment in August, $1,500. Prepare all necessary adjusting entries for the month of September.
Effect of different type of lease transaction in balance sheet and Make any necessary simplifying assumptions as we did in class.
Zeff Corporation has 2,000 shares outstanding of cumulative preferred stock and 6,000 shares of common stock. The preferred stock is entitled to an annual dividend of USD 18 per share before dividends are declared on common stock. No preferred divide..
Determine the cost driver rate under activity based costing for maintenance. Determine the cost per unit of Job 101 using machine hours
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