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The limitation of the accounting classification system was referred to throughout the chapter. What is meant by this? Give some examples. Why is the accounting classification system the foundation of the accounting discipline?
the cost accountant for blue pharmaceuticals has informed youthat the companys materials quantity variance for the
there is a retail store selling dvds. this business is relatively simple with approximately the same contribution
Your schedule and statement must be in proper form - this means they should look like they would in an annual report-Prepare a schedule of cost of goods manufactured in good form.
the demand forecast for the next four periods is 80 110 120 and 145 units respectively. the plant has a regular
a project will require an initial investment of 250000 and will return 50000 each year for seven years. if taxes are
Purchased merchandise from Mable Co., $17,500, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $300 was added to the invoice.
Prepare the operating activithe ties section of statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
contrast the advantages and disadvantages of the direct and indirect methods of preparing the statement of cash
Bass Lake Eatery borrowed $10,000 from the bank on April 1. The note is a 1-year, 12% note, with both principal and interest to be repaid on March 31, 2011.
For property which is involuntarily converted that is replaced with similar property - what are the mandatory rules for recognition of gain or loss (an example would be great)?
Prepare the journal entry to record the exchange on Smith's books, assuming the transaction has commercial substance. Prepare the journal entry to record the exchange on Smith's books, assuming the transaction does not have commercial substance.
Miller Company has a times interest earned ratio of 5. Sales and variable expenses were $57,290 and $40,105 respectively. Compute the company's fixed interest expense
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