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Net World Inc sold 4800 annual subscriptions of Net World for $45 during December 2003. These new subscribers will receive monthly issues, beginning in January 2004. in addition, the business had taxable income of $160,000 during the first calendar quarter of 2004. The federal tax rate is 35% a quarterly tax payment will be made on april 7,2004.Prepare the current liabilities section on the balance sheet for net world magazine inc on march 31, 2004.
on january 1 2013 the mason manufacturing company began construction of a building to be used as its office
Fred Jones owns 56 shares of the Robust Corporation's stock. Robust announces a 3 for 2 stock split. How many shares will Fred have after this split.
palmiero purchased a patent from vania co. for 1258000 on january 1 2010. the patent is being amortized over its
stine company uses a job order cost accounting system. on may 1 the company has a balance in work in process inventory
ph toy is unsure of whether to sell its product assembled or unassembled. the unit cost of the unassembled product is
On January 2, 2011, Mize Co. issued at par $300,000 of 9% convertible bonds. Each $1,000 bond is convertible into 30 shares. No bonds were converted during 2007. Mize had 50,000 shares of common stock outstanding during 2011. Mize 's 2011 net inco..
Identify some benefits that might accrue to Lion Nathan as a result of the sale and lease back transaction?
george grayson will retire in three years. he wants to open some type of small business operation that can be managed
Calculate the receivables turnover ratio and the average collection period for 2009 for FedEx and evaluate the balance in FedEx"s allowance for doubtful accounts.
part 1complete all the steps of journalizing based on the information provided below.on december 15 ms. corne amp co.
In 2009, Magic Table Inc. decides to add a 36-month warranty on its new product sales. Warranty costs are tax deductible when claims are settled. In its financial statements for 2009, Magic Table Inc incurs:
what are some ways in which accounting for healthcare organizations hcos especially not-for-profit nfp ones tends to
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