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Discussion Post
Question I. Explore the FASB Codification section related to intangible assets (§350). Explain how specific intangibles might be treated within a particular industry and justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates.
Question II. What is the most impactful information that you learned in this course? How does this bring you closer to determining your personal career path as an accounting or financial professional? Participate in follow-up discussion by commenting on your classmates' posts.
William Bell is single and 33 years old. William works as a sales manager and his Form W-2 shows wages of $35,000. William participated in his employer.
Asset gains and losses
Prepare the journal entry(s) to record Payne's income taxes for 2013, assuming it is more likely than not that the deferred tax asset will be realized
Provide the Ferguson Company journal entries for the transactions involving its investment in Silva Company during Year 1
Compute net income for the first year for Alpaca Corporation.
The hospital received a $4,500 gift to be used for the purchase of specialized diagnostic equipment. Prepare the journal entries required of a government
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What is the purpose of the "Letter from the Chairperson"? Which section of the annual report may include industry trends, favorable and unfavorable?
If the bank has promised Ms. Shoppe a 10% return, how much will they have to pay her each year
AMR Corporation (parent company of American Airlines) reported the following for 2011 (in millions).
Use this information to prepare the general journal entry for Aug 1 equipment purchase. Additionally prepare the general journal entry to record the payment
Fowler Co.'s balance sheet, Determine the appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share.
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