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On January 2, 2016, Alpha Corporation issued
1,500 shares of $6 par value common stock.
The issue price was $15 per share.
On January 15, Alpha Corporation issued 1,100 shares of its $100 par 5% cumulative preferred stock for $105 per share.
Explain how to prepare the General Journal entry for the January 2 and January 15 entries.
Ortiz Company is able to produce two products, G and B, with the same machine in its factory. The following information is available.
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Describe the differences that exist in current accounting for original proceeds of the issuance of convertible bonds and of debt instruments
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How important would variance analysis be for you. Which variance
It's "salvage value" (the amount the machine is worth after 10 years of use) is $3,000. What will be asset's annual depreciation
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How important is the general behavior of the market in affecting the price performance of mutual funds? Explain.
rondeli corporation is considering investing in a new facility. the estimated cost of the facility is 2045000. it will
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