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If a company has had a 90-day guaranteed return policy since 1983 but has never has had a return, is there an accounting issue if they plan to spend $1,000,000 on an advertising campaign?
at the beginning of the year a firm leased equipment on a capital lease capitalizing 60000 in its lease receivable
The following data are accumulated by Eco-Labs, Inc. in evaluating two competing capital investment proposals:
in terms of accounting what are the operating items on the income statement? what are examples of non-operating items
middleburg inc produces 2 lines of mobile homes double wide and single wide. unit cost and revenue data pertaining to
Terrys Pest Control Company for July - Prepare a bank reconciliation
the following define-benefit pension data of doreen corp. apply to the year 2008. projected benefit obligation jan.
Reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of December 31, 2011?
On october 1 2010 jordan reaquired 100 shares at $50. On november 1 2010 jordan reissued the 100 shares at $40. Jordan had no previous treasury stock transaction. Prepare jordan entries to record these transaction using the cost method.
If an officer is not actually paid his salary but the salary is shown as accrued for 2010, for a C Corp, is the total accrued amount for that officer included on Schedule E or only what the officer is actually paid in 2010?
on january 1 2013 phantom company acquires 320600 of spiderman products inc. 9 bonds at a price of 304931. the interest
below are transactions related to impala company. athe city of pebble beach gives the company 5 acres of land as a
If Rushia Company determines that the fair value of the investment is now $3,900,000 and is using U.S. GAAP for its external financial reporting, which of the following is true?
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