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1. Journalize the following transactions in the accounts of Zion Theater Productions:
Mar. 1. Received a $40,000, 90-day, 8% note dated March 1 from Gymboree Company on account.
31. Discounted the note at Security Credit Bank at 10%.
May 30. The note is dishonored by Gymboree Company; paid the bank the amount due on the note, plus a protest fee of $200.
June 29. Received the amount due on the dishonored note plus interest for 30 days at 12% on the total amount charged to Gymboree Company on May 30.
Lawn mowing. John's father has a motorized lawn mower. He borrowed it to earn extra money during the summer mowing the neighbors' front yards. He charges $18 for each front yard and employs a classmate at $7 a day to help. He can do at most 8 yards i..
Lennon was achieved by this acquisition. Lennon distributed a dividend of $2.50 per share during 2009 and reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of D..
Consequences behind an individual resistance to change can be internal or external influences. Due to the fact of the significantly aggressive makeup of daily localized and worldwide organizational society continuous improvements have developed to..
for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the
compute fifo lifo and average cost - periodic and perpetual some of the information found on a detail inventory card
giere manufacturing had a bad year in 2011. for the first time in its history it operated at a loss. the companys
Calculate Mary's taxable gifts for year
X Company is considering outsourcing its email system. Total costs related to last month's in-house email operation, when there were 3,725 employee mailboxes, were as follows
On March 2, 2010, Wesley Company sold its five-year, $1,000 face value, 8% bonds dated March 2, 2010, at an effective annual interest rate (yield) of 10%. Interest is payable semiannually and the first interest payment date is September 2, 2010.
A billing company that collects bills for doctors' offices in the area is concerned that the percentage of bills being paid by Medicare has risen. Historically, that percentage has been 31%. An examination of 8368 recent bills reveals that 32% of ..
Your team is to prepare two separate lists of questions that enable you to complete a reliable CVP analysis of this situation. One list is to be answered by the school's administration, the other by the owner of the movie theater.
bradford company budgeted 4200 pounds of material costing 5.4 per pound to produce 2100 units. the company actually
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