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Closer & Co. incurred the following costs for internal-use software: $12,000 in the preliminary stage of development, $17,000 in external direct material and service costs used in developing the internal-use software, $23,000 in payroll costs for employees working on the project, and $3,500 in interest costs while developing the software. Prepare Closer & Co.'s initial journal entry(s) to record its internal use software.
Define the following: 1. Liabilities that are definite in amount. 2. Liabilities that must be estimated. 3. Liabilities that are contingent.
1. parker plumbing has received a special one-time order for 1500 faucets units at 5 per unit. parker currently
the framework used to record and summarize the economic activities of a business enterprise is referred to as the
thayer company purchased a building on january 2 by signing a long-term 2520000 mortgage with monthly payments of
one of the traditional methods for allocating costs was to put all indirect costs in one pool and allocate by the
Jody Baush is a salaried employee who normally works a 35-hour week and is paid a weekly salary of $735.00. Calculate Jody Baush's gross pay.
a machine can be purchased for 10500 including transportanottion charges but installation costs will require 1500
Stellar Packaging Products uses absorption costing to compute additional compensation eligibility for managers. In December, Stellar Packaging Products' controller, Robin Simmons, noted that a considerable production overrun was experienced, resu..
what are your tow most strongly held values?1. where did you get these values from?2.why are they important to you ?
the following selected account balances were taken from buckeyecompanys general ledger at jan. 1st 2005 and dec. 31st
What is the company's ROA compared to its competitors or industry average? Is it getting better or worse over time?
a company desires to replace its current plant equipment with new equipment that costs 10000000. one possibility would
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