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In December, 2008, Ace Consulting performed services for a customer for $12,000 on account. On June 1, 2009, after several unsuccessful attempts to collect, Ace replaced the customer's account receivable with a 6% note, due and collected in full on January 31, 2010. Ace's accounting year end is December 31. Required: Prepare all necessary journal and adjusting journal entries for Ace Consulting for 2008, 2009 and 2010.
When we look at GDP there are many factors that we have to consider. What part of the components of GDP do you find are the most important when contributing to economic growth?
margaret is trying to decide whether or not to place funds in a qualified tuition program. her son will be attending
Prepare a combined statement of income and comprehensive income for 2011, beginning with net income.
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the following are selected accounts and balances from the records of ganster corporation on june 30 2012. common stock
you are the accountant for sakuraba who is very angry. figure out his books for him or he might have to beat you.
a company used the percent of sales method to determine its bad debts expense. at the end of the current year the
equipment transaction and cash flow reportingdec. 31 20x4dec. 31 20x3property plant amp
In 2009, Austin Powers Corporation developed a new product that will be marketed in 2010. In connection with the development of this product, the following costs were incurred in 2009:
on october 29 of the current year a company concluded that a customers 4400 account receivable was uncollectible and
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