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Need to draw a context diagram for an accounting information system, but not certain what to include for external entities and activities. The text says to include all entities and activities, but the example in the text book only includes a few on the many activities and entities.
Determine the effect on net income and earnings per share for these two methods of financing and prepare journal entries to record the events - The issuance of the bonds
go to each companys website and review the most recent financial statements for each company and answer the following
Overhead allocation plant wide rate direct labor hours Machine hour basis - Top management complains that if the accountants had been more accurate in estimating overhead then they wouldn't have over applied overhead. Is this true? Explain.
Bradster Co. acquired 20% of the outstanding common stock of Curly Co. on January 1, 2011, by paying $800,000 for the 40,000 shares. Curly declared and paid $.80 per share cash dividends on June 15, and December 15, 2011. Prepare journal entries for ..
In general journal form, prepare the entries on Salza Company’s books to record the effect of the pushed down values implied by the purchase of its stock by Pascal assuming that values are allocated on the basis of the fair value of Salzer Company..
A 250,000 bond on which there is an amortization discount of $20,000 is redeemed for $235,000. What is the gain or loss on redemption of the bond?
Prepare a trial balance of the general ledger and prove the accuracy of the subsidiary ledger by preparing a schedule of accounts receivable - Prepare a sales journal and a cash receipts journal
Distinguish between job costing and process costing. Describe the difficulties associated with each type. What can companies do in order to price products competitively and avoid some of these difficulties?
instead of acquiring the plant for $31864, assume that cherry ltd manfactured the plant at a cost of $29500 before entering into the lease agreement with hazel ltd. prepare a schedule of lease receipts for cherry ltd and the journal entries for th..
Analyze each company's history, product/services, major customers, major suppliers, and leadership, and provide a synopsis of each company - prepare a report to summarize your findings on the financial health of each company.
Evaluate the cost assigned to ending inventory and to cost of goods sold using a) specific identifacation, b) weighted average, c) FIFO and d) LIFO
Anne is an employee of Marvel Corporation. Marvel provides its employees with an educational assistance plan that pays for up to $5,000 in tuition for any work-related courses. Marvel Corporation also provides free on-premise parking and free chi..
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