Reference no: EM131219207
Rocking Chair Manufacturing, Inc. has the following dollar amounts associated with manufacturing the Rocking Chairs it’s intended on selling. The first 5 Rocking Chairs in inventory have a total cost of $100 each. The next 10 has a total cost of $95 each. The company sells 7 Rocking chairs and practices FIFO for its Inventory-Cost-Flows accounting method.
Complete the journal entry for transaction
: The Board of Directors of Grantham Landscaping, LLC has declared a dividend of $2 per share. The total outstanding stock of Grantham Landscaping, LLC is 100 shares on 10/1/2015. The dividend was actually paid out to the stockholders on 12/1/2015. Ple..
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Dollar amounts associated with manufacturing chairs
: Rocking Chair Manufacturing, Inc. has the following dollar amounts associated with manufacturing the Rocking Chairs it’s intended on selling. Raw Materials is $30,000; Work-In-Process is $20,000, Finished Goods is $5,000. There are also five rocking ..
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Inventory-cost-flows accounting method
: Rocking Chair Manufacturing, Inc. has the following dollar amounts associated with manufacturing the Rocking Chairs it’s intended on selling. The first 5 Rocking Chairs in inventory have a total cost of $100 each. The next 10 has a total cost of $95 ..
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Inventory-cost-flows accounting method
: Rocking Chair Manufacturing, Inc. has the following dollar amounts associated with manufacturing the Rocking Chairs it’s intended on selling. The first 5 Rocking Chairs in inventory have a total cost of $100 each. The next 10 has a total cost of $95 ..
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About the compound interest
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Accounting equation and record the beginning account balance
: As of December 31, 2014, Post Company had total cash of $153,000, notes payable of $85,300, and common stock of $52,100. During 2015, Post earned $33,000 of cash revenue, paid $18,500 for cash expenses, and paid a $2,700 cash dividend to the stockhol..
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Determine the amount of retained earnings
: As of December 31, 2014, Post Company had total cash of $153,000, notes payable of $85,300, and common stock of $52,100. During 2015, Post earned $33,000 of cash revenue, paid $18,500 for cash expenses, and paid a $2,700 cash dividend to the stockhol..
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