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Question - Carrefour released an application that allows customers to collects points for each purchase they make. For each purchase of $20, the customer gets 1 point. The customer can get a discount of $1 per 1 point on future purchases. During the year of 2019, customers collected 150,000 points, and based on past statistics, Carrefour assumes that 95% of customers will use these points for future discounts. Based on the above information, determine the amount of liability Carrefour should recognize in the statement of financial position on 31/12/2019.
Taxable income in the first preceding tax year was 50,000 and it was 10,000 in the second precedent tax year. What is deferred tax assets or liability balance
Tech, Inc., sells its brand-name computer equipment directly to its franchised retailers. Depending on how existing franchisees do, Tech may limit the number of franchisees in a given area to reduce intrabrand competition. Tech's restriction on th..
Calculate the following ratios for 2014 and 2015. When data limitations prohibit computing averages
Required: Complete Bea's federal tax return for 2016. Use Form 1040, Schedule A, Schedule B, and Form 4684
swensons incorporated issues a 400000 8 10-year mortgage note on december 312007. the proceeds from the note are to be
Prepare Carow's journal entries for (a) the purchase of the investment, and (b) the receipt of semiannual interest and premium amortization
Compute the monthly break-even for the new toy in unit sales and in dollar sales. How many units must be sold each month to make a monthly profit of $11, 616?
You have been asked to prepare a memo to Peggy Anderson, CPA, an audit partner at your firm.
YUMIKA Limited is considering an investment in new technology. Calculate and determine whether the company should lease or buy the new technology?
1. Determine the equivalent units for June for the Blending Department.
Identify the two key assertions most at risk of material misstatement in relation to accounts receivable and provide explanation why each of these assertions
Presented below are two independent transactions, Prepare the entry to record the exchange of similar assets by Ima Knucklehead
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