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Tax Question:
Which of the following would be considered "constuctively received?"
i. interest credited to a savings account
ii. a check received after banking hours
iii. a paycheck received from employer, when employer does not have funds in the bank to cover the check
a. I only
b. II only
c. III only
d. I & II only
e. None of above
During 2010, Markel had actual outlay of $48,000 for repairs under warranty. Markel employs the expense warranty accrual method-What amount should the company report for estimated liability under warranties at the end of 2010?
This week, Airbus announced it was building new plant in Alabama. Can you aid me in answering the following questions based on information in conjunction with Foreign Direct Investment.
What are the steps of the accounting cycle? Why is it necessary to make adjusting entries at the end of each accounting period? What would happen if all of the steps of the accounting cycle were not completed in a specific accounting period?
Tax professional to decide on the best course of action from a tax perspective on their issues. make a three page memo (at least 300 words per page) to John and Jane Smith addressing the issues presented.
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.
Leah, Inc. has machinery with a cost of $100,000. The machinery has an estimated useful life of 10 years, and an estimated salvage value of $10,000. The machinery is expected to be able to produce a total of 1,000,000 units during its estimated li..
If operating lease commitments are considered equivalent to debt, what percentage of the American's debt is represented by the lease liabilities?
Determine the accounting principles (GAAP) the foreign and domestic companies use to prepare financial statements.
What are the two methods of accounting for treasury stock? Prepare the journal entry to record the purchase of treasury stock by the cost method.
Obtain a detailed report which is based on an intensive investigation of the financial position of sales department, production department and research and development department.
Periodically reconciling the physical counts of inventory to total counts reflected in accounting records by using someone who does not handle inventory or record purchases is considered to be:
Evaluate the inventory turnover ratio for 2010 by using the LIFO and FIFO cost-flow assumption methods.
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