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Problem 1: On January 1, 2016, Alpha Corporation had 300,000 shares of common stock outstanding with a par value of $3 per share. On March 31, Alpha Corporation declared a 10% stock dividend when the market value was $8 per share. Use this information to prepare the General Journal entry (without explanation) for March 31.
(Use of funds) The mayor of New West Norwalk wants to simplify the accounting system used by the town. He approached you with the following task.
Explain A check for $12000 was received from a customer during December 2006 for merchandise to be delivered during January 2007
Income from continuing operations was $320,000 in 2012 and $445,000 in 2013. Prepare the journal entry to record the change in accounting principle
Fixed assets are purchased and retired frequently. Given this frequent change, why are clear accounting records of fixed assets necessary?
Prepare a Direct Materials Budget at this level of production. Assume that production was actually $19,900 for 27,000 cupcakes
Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least three paragraphs - What were the most compelling topics learned in this course?
the following data pertain to an investment in equipmentinvestment in the project10000annual net cash
The LIFO Inventory Reserve Waterloo Manufacturing Company uses the LIFO inventory costing method. Calculate the company's gross profit under FIFO.
The following purchase transactions occurred during May for Amy's Catering Service:
Topic of the research - Challenges of Accounting in Global Organizations. written research proposal that is based on the literature review
what is the net operating income earned by product m12Caccording to the company's accounting system? Show work.
Dunder Mifflin had the following balances in selected accounts at the end of 2015 and 2016. Calculate the acid test ratio for 2015 and 2016 for Dunder Mifflin
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