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Let's discuss the difference between bonds and note payable. How do we account for bonds when they are issued a par, at a premium, and out a discount? what are the required disclosureres for notes and bonds payable?
Production for the current period was assigned a $200,000 standard direct labor cost. What is the actual total direct labor cost for the current period?
assuming an annual interest rate of 12 what factor from the tables would be used to calculate the amount that would be
Describe the accounting rules and regulations you would introduce to ensure that these types of accounting irregularities do not occur in the future.
An item that cost Rs. 2300 was marked up 38 % of the selling price. After some time the item is markdown 30 %. Calculate the sale price after markdown.
Journalize the admission of Saunders as a partner on July 31 for each of the independent situations
Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $10.2 million, current ratio = 1.70 times, inventory turnover ratio = 12.2 times, average collection period = 22 days, and sales = $102 million.
design a proposal for appropriate controls to cover purchasing accounts payable cash disbursements finance investment
Explain how "rules-based" accounting standards differ from "principles-based" standards. How might fundamentally changing accounting standards from bright-line rules to principle-based standards help prevent another Enron-like fiasco in the future..
What do you think is the basis for charge - A frequent argument is that inductive reasoning is value-free because it simply investigates empirical evidence. Yet some charge that it is not value-free.
Calculate the income recognized by Edwards under the percentage-of-completion method of accounting in each of the years 2012, 2013, 2014.
van doren corporation is considering producing a new temperature regulator called digidial.
If the cost of an item is $75, the currrent replacement cost is $64, and the selling price is $95, the amoount included in inventory according to the lower of cost or market concept is ??
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