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Amoruso co produces and distributes semiconductors for use by computer manufactures; amoruso co issued $7,500,000 of 15 year 10% bonds on April 1 of the current year at face value, with interest payable on April 1 and October 1. The fiscal year of the company is the calendar year, journalize the entries to record the following selected transactions for the current year?
apr 1 issued the bonds for cash at their face amount
oct 1 paid the interest on the bonds
dec 13 recorded accrued interest for three months
The separate company statements for Parrot and Hollow appear in the first two columns of the partially completed consolidation working papers. Complete consolidation working papers for Parrot and Hollow for the year 2005.
Green Company, which began operation on January 1, 1990, appropriately uses the installment method of accounting. The following information is available for 1990: Illustrate what is the total amound of Green's installment sales for 1990?
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Presented below is a partial stockholders' equity section of Ruple Corporation's balance sheet on December 31, 2014: Stockholders' Equity Paid-In Capital Capital Stock Common Stock,
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problem 1at the beginning of 20x2 dahl ltd. acquired 8 of the outstanding common shares of tippy ltd. for 400000.nbsp
the foreign currency is the functional currency for a foreign subsidiary. at what exchange rate should each of the
Record journal entries for all of the above adjustments and show that the suspense account is cleared and prepare an income statement and a balance sheet
Canton Corporation reported the following items in its adjusted trial balance for the year ended December 31, 2011: Prepare the December 31, 2011, income statement for Canton Corporation, starting with income from continuing operations before income ..
the company produced 4,400 units and recorded a depreciation expense of $22,000. What depreciation method did the company use?
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