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Debate the necessity of preparing formal financial statement if all of the data are in the statement columns of the worksheet. Speculate as to the reasons why this has become common practice.
at the end of the year a company offered to buy 4420 regular units from x company for a special price of 12.77 each.
svens private investigation servicesadjusted trial balancejuly 31
Explain the accounting principle(s) that required Amber to record the $42.7 million charge in 2006 and the $12.1 million reversal in 2009.
in order for companies to prepare and issue financial statements their accounting equations debits and credits must be
On October 8, Longhini returns defective goods with a selling price of $640 and a scrap value of $240. Record the transactions of Longhini Company, assuming a perpetual approach.
Discuss the accounting treatment of the depletion and depreciation on the mine and mining equipment.
parrett corp. acquired one hundred percent of jones inc. on january 1 2009 at a price in excess of the subsidiarys fair
culver corporation had 11000 sres if its 5 par value common stock outstanding. on june 1 the corporation acquired 10000
ohare companys only asset as of january 1 2012 was a limousine. during 2012 only the following three transactions
assume that you have been consistently impressed by david and tom gardner of the motley fool fool.com since you first
Assuming the only changes in retained earnings in 2009 were for net income and a $50,000 dividend, what was net income for 2009?
Staley Company has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 2,000 units, Staley used 3,100 pounds of materials at a total cost of $12,090. Staley's materials price variance is:
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