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Question 1. Provide a brief written description of the proper treatment for the January 15, YR02 stock dividend with respect to the December 31, YR01 EPS disclosure.
Question 2. Compute the EPS disclosure that will appear in the December 31, YR01 annual report.
Question 3. Identify the specific paragraph of the FASB Codification which addresses this issue and submit a printout of this paragraph with your solution
what are likely effects on income statement, balance sheet, and statement of cash flow of Apple's choice to use a subscription method for revenue recognition
Assuming that Wizard uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method
what is an example of a gain contingency? what is the accounting treatment for gain contingencies? please discuss the
How does accounting information assist management in measuring efficiency and effectiveness?
Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), the December 31, 2011 interest accrual, and the March 31, 2012 collection.
Prepare the entries for Sunland Company, assuming the gross method is used to record sales and cash discounts
Mount Pleasant Epilepsy Association is a not-for-profit agency. Joseph Howard is the Chair of its Voluntary Board of Directors. He is also the owner of Howard Insurance Company. What disclosures, if any, should the Association make regarding this s..
Determine the total amount of assets at the end of year 2, assuming PhilCo is a manufacturing company and the employees were paid to make products.
Randiddle Co. is a merchandising business.
Paid a $250 fine for illegal parking while the dishwasher was being delivered. For what amount will Bahama record the dishwasher
Determine the contribution margin in dollars, per unit and as a ratio. Using the contribution margin technique, compute the break-even point dollars and in units. Compute the margin of safety in dollars and as a ratio.
Discuss new initiative or product, or it is introducing a change to technology or personnel that will affect your team and its daily working environment
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