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Part -
1. Issuance of stock
Prepare journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the following independent cases:
a. Jackson Corporation has common stock with a par value of $1 per share.
b. Royal Corporation has no-par common with a stated value of $5 per share.
c. French Corporation has no-par common; no stated value has been assigned
Explain the difference in operating income for January and February and March under variable costing and absorption costing
a saw mill was purchased on july 1 2005 for 19.5 million. industrial engineers estimate the mill can saw 100 million
Prepare income statements with one column for 2008, one column for 2009, and one column for the two years together, using (a) variable costing and (b) absorption costing and what inventory costs would be carried in the balance sheet on December 31,..
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Selected balance sheet and income statement data for Green Tea, Inc., for the year ended December 31, 2011 are below. Illustrate what is the company’s times interest earned ratio?
Elucidate how the choice of the type of responsibility center affects behaviour. You should support your discussion by using real world examples.
questionon march 1 2013 werner corp. received an order for parts from a mexican customer at a price of 500000 mexican
Evaluate the eight variances and Comment on the variances - During September 2011, the company produced 106,000 cases and recorded the following cost data
what was the net cash flow from investing activities for Yeager Inc in 20X4 and what would be the effect on the following items after the stock split? Assume the old shares were exchanged for 750,000 new shares.
The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated, ignoring taxes, what is effect on earnings in the year after the options are granted to executives?
question problem 1 on 1112 your client received a 14 year note for 550000 in exchange for services rendered. the note
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