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Question - On June 30, 2020, Happee Inc. purchased goodwill of P125,000 when it acquired the net assets of Beam Corp. During 2020, Happee incurred additional cost of developing the goodwill, by training Beam employees (P50,000) and hiring additional Beam employees (P25,000). How much should Happee report as goodwill on its December 31, 2020 Financial Position?
The uniform rod AB has a weight of 10 lb. If the spring DC is unstretched when θ =0° , determine the angle for equilibrium using the principle of virtual work. The spring always remains in the horizontal position due to the roller guide at D.
What is the impact of the result of this analytical procedure on other substantive procedures that the auditor may perform
Suppose sales increase by 20 percent next month, calculate the effect that increase will have on her profit.
What is the total amount of cash discounts allowed in a year
The payroll of Marigold Company for September 2016 is as follows. Prepare the necessary journal entries if the wages and salaries paid
Rearrange the preceding income statement to the contribution margin format. sales, variable expense, contribution margin, fixed expenses, operating income.
The green plant produced 850,000 gallons in June. Compute the cost per gallon of liquid cleaner produced in June
Grand River Corporation reported taxable income of $700,000 in 20X3. Find the corporation current earnings and profits
Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet
the treasure of unisyms company has accumulated the following budget information for the first two months of the coming
Other accrued liabilities-warranties - What amount of warranty expense will appear on the income statement for the year ended December 31, 2013
Describe your skills in analyzing accounting systems (e.g. Banner) in order to modify and adapt accounting practices to solve a variety of accounting problems
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