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Problem - Teppei Company issued 100,000 ordinary shares. Of these, 5,000 shares were held as treasury on December 31, 2013. During 2014, transactions involving ordinary shares were as follows:
May 1 1,000 shares of treasury were sold.
Aug 1 10,000 previously unissued shares were sold.
Nov 1 A 2-for-1 share split took effect.
Required - On December 31, 2014, how many ordinary shares were issued and outstanding, respectively?
Accounting for warranty expense and warranty payable The accounting records of Sculpted Ceramics included the following at January 1, 2016.
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Rivera Company exchanges old delivery equipment for new delivery equipment. The book value of the old delivery equipment is $31,000 (cost $61,000 less accumulated depreciation $30,000).
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15) Wayne and Maria purchase a home on April 1 of the current year. In order to obtain a thirty-year mortgage, they are required to pay $7,200 in points at closing. Charging points is a customary business practice in the area. In addition, the..
List the four (4) details that must be included in any receipt or proof of purchase provided to customers, explain why these details are essential in accounting
Ingles Company has accounts receivable of $93,100 at March 31. Determine the total estimated uncollectibles
Describe the target market and apparent marketing mix of your chosen organization. Conduct a five forces analysis for the selected organization.
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