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Question: AccountingThe A Corporation ,2008, paid $50 per share for 10,000 shares of B Corporation. A Corporation chose to classify them as available for sale. At the end of 2009 B Corporation stock was selling for $60 per share. Subsequently, in 2010 B Corporation's stock rose to $65 per share. In 2011, A Corporation needed cash to fund a new project and sold its investment in B Corporation for $70 per share. How much did A corporation include in its 2011 income statement due to the sale?
a company had the following account balances for the quarter ending march 30 unless otherwise notedbeginning direct
How are financial accountants challenged in their work to make ethical decisions?
How might this same information be presented to make it more useful to management in assessing the long-run profitability of its various product lines? What policy change would you recommend to management?
Dividends in areas pertain to non-cumulative preference shares?
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Why would a law firm ever consider accepting stock of a new corporation having a total par value of USD 320,000 as payment in full of a USD 480,000 bill for legal services rendered? If such a transaction occurred, give the journal entry the issui..
What was the balance of accounts receivable on January 1, 2016, if $180 in accounts receivable were written off during 2016 and if the allowance account had a balance of $930 on December 31, 2016?
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jackson uses a predetermined overhead rate. overhead for the next twelve months is estimated to be 400000. jackson
inventory costing methods-periodic method the following data are for the portet corporation which sells just one
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