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In recording its adopted operating budget, a village debits estimated revenues $1,000,000 and credits appropriations $1,050,000. What additional journal entry is necessary?
Indicate a nongovernmental not-for-profit organization you have some personal experience with. Have you seen their financial statements or form 990?
q 1 as at december 31-2012 a company has total assets of 3500 current assets of 1500 and fixed assets of 2000 debt of
Maxey company had current and noncurrent liabilities of $50,000 and $150,000, respectively. The company's current assets were $76,000, out of a total asset figure of $424,000. Calculate the company's debt ratio.
Jarret's interest payments on the loan this year are $4000,and his principal payments are $900. a. Should Jarret report any interest income this year? b. Can Jarret deduct any interest expense this year?
the following information is for employee james for the week ended march 15total hours worked48federal income tax
The SEC and its European equivalent are trying to merge their respective views of GAAP (Generally Accepted Accounting Principles). What are the easy points and what are the stumbling blocks?
glade company produces a single product. the costs of producing and selling a single unit of this product at the
in 2011 space technology company modified its model z2 satellite to incorporate a new communication device. the company
the general ledger of the karlin company a consulting company at january 1 2011 contained the following account
W Corporation was owned by shareholder C prior to a sale of all of his stock (basis at the beginning of the year, $5,000) to D in June for $10,000. During the year, W Corporation distributed $60,000 on May 1 and $40,000 on September 1. Indicat..
Holyfield Corporation wishes to exchange a machine used in its operations. Holyfield has received the following offers from other companies in the industry.
The company places raw materials orders 10 times per month, 2 times for raw materials for sweaters and the remainder for raw materials for jackets. How much of the order processing overhead should be allocated to jackets?
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