Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
On Apr 1 2008, OB Company entered into a 10 yearfranchise agreement with a group of individuals.The firm recevies a$300000 initial franchise fee & agrees to assist in the designof the building, help secure financing & provide managementadvice over the 1st half of the franchise agreement.A down payment of 20% of the franchise fee is due onApr 1 2008.
The remaining 80% is to be payable in 8 equalinstallments beginning on Apr 1 2009. Assume that services to beperformed by OB Company between Apr 1 2008 & Aug 15 2008, thedate the franchise opened, are substantial & that theinstallment receivable is reasonably collectible. Also assume thatsubstantial performance of the intial services has occured as ofAug 15 2008.Prepare the necessary journal entries for OBCompany for April 1 & 15 2008.
marilyn a business executive who lives and works in cleveland accepts a temporary out-of-town assignment in atlanta for
john adams wants to accumulate 100000 to be used for his daughters college education. he would like to have the amount
Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are: Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense.
in washburns factory what is the break-even point for the new line of guitars if the retail price isa 349b 389 andc
Jeremy reported net income of $50,000 for 2003. Non-controlling interest income that will appear in the consolidated income statement for 2003 is:
determine the maturity value of a loan of 2400.00 after three years. the loan carries a simple interest rate of 7.7 per
lovitz company is planning to produce 2500 units of product in 2008. each unit requires 4 pounds of materials at 8 per
A company with sales of $100,000, variable expenses of $70,000, and fixed expenses of $50,000 will reach its break-even point if sales are increased by $20,000.
on january 1 2007 the calvert company issues 12 100000 face value bonds for 103545.91 a price to yield 10. the bonds
Operating expenses other than depreciation for the year were $400,000. Prepaid expenses increased by $17,000 and accrued expenses decreased by $30,000 during the year. Cash payments for operating expenses to be reported on the cash flow statement ..
home depot and lowes are two companies in the same industry. comparative data for two years are given belowhome
panarude airfreight is an international air freight hauler with more than 45 jet aircraft operating in the united
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd