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Hark Inc. had cash sales of $400,000 and credit sales of $1,100,000. The accounts receivable balance increased $25,000 during the year. How much cash did Hark receive from its customers during the year?
The total unamortized bond discount at the date of conversion was $1,000,000. In applying the book value method, what amount should Morgan credit to the account "paid-in capital in excess of par," as a result of this conversion?
1. if the employee has 300 withheld from their check for fica-oasdi what is the added amount that the employer would
digital edge inc. assembles and sells mp3 players. the company began operations on may 1 2010 and operated at 100 of
employee benefits. al flies for aaa airlines. aaa provides its employees with several fringe benefits. al and his
Regina accepted a new job in Dallas in April 2008. Unable to rent her home, she rented it in November 2008, at which its fair market value was $240,000. In June 2010, she sold the home for $230,000. What tax issues should Regina consider?
determining accrued interest in various situations lo13-2 on july 1 2013 ross-livermore industries issued nine-month
discuss the relationships between the companys balance sheet income statement and statement of retained earnings i.e.
What is the forward price of your contract? Suppose both the 1-year and 11-year spot rates unexpectedly shift downward by 2 percent. What is the price of a forward contract otherwise identical to yours?
1. for each of the following potential errors identify a control procedure that would most likely be effective in
the following are audit procedures1. select a sample of cancelled checks and trace each one to the cash disbursements
the general fund collected 825000 in accrued taxes which was transferred to the debt service fund 600000 of this amount
What is Generally Accepted Accounting Principles (GAAP)? How does GAAP affect financial reporting? How does GAAP need to change to accommodate today's dynamic business environment?
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