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Jason used two assets during 2013. The first was computer equipment with an original basis of $18,000, currently in the second year of depreciation, and under the half-year convention. This asset was disposed of on October 1st of 2013. The second was furniture with an original basis of $30,000 placed in service during the first quarter, currently in the fourth year of depreciation, and under the mid-quarter convention. What is Jason's depreciation expense for 2013, rounded to the nearest whole number?
bluestar makes three models of camera lens. its sales mix and contribution margin per unit follow percentage of
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Prepare the journal entry to record the April 1 purchase (ignore any freight charges) of merchandise by Mathis Company.
Kingbird redeems 200 of Amata's shares for $1000 per share. Amata paid $300 per share for her stock nine years ago. Which of the following statements is correct with respect to the stock redemption?
harrisburg company which began business in early 20x7 reported 40000 of accounts receivable on the december 31 20x7
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One basic method that an accountant can use to analyze the financial situation of a business is ratio analysis.
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