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On January 2, 2011, the Crossover Band acquires sound equipment for concert performances at a cost of $55,900. The band estimates it will use this equipment for four years, during which time it anticipates performing about 120 concerts. It estimates that after four years it can sell the equipment for $1,900. During year 2011, the band performs 40 concerts. Compute the year 2011 depreciation using the units-of-production method. ...i have a hard time understanding this, any help?
runheavy corporation rhc is a corporation that manages a local rock band. rhc was formed with an investment of 10000
While examining cash receipts information, the accounting department determined the following information: opening cash balance $178.24, cash on hand $1,134.46, and cash sales per register tape $1,156.35.
charles corp. has outstanding accounts receivable totaling 6.9 million as of december 31 and sales on credit during the
undeveloped real estate in mr. greys name and the name of his daughter sue smith jointly with right of survivorship
1. Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense. 2. Show the year-end balance sheet presentation for accounts receivable.
Will the bond proceeds always be greater than the face amount of the bonds when the contract rate is greater than the market rate of interest? Explain.
mainline sports has just acquired a new business van at a cash price of 70000. unfortunately mainline only had 10000
Givenchy Company sells 100,000 wrenches for $12.00 a unit. Fixed costs are $280,000 and net income is $200,000. What should be reported as variable expenses in the CVP income statement?
lobnitz service companys balance sheet as of 01-01-11 is presented below 01-01-11 current assets cash 400000 accounts
which of the following is a taxable fringe benefit?employer pays for subscriptions for professional journals delivered
The classified Balance Sheet has numerous errors show in this Balance Sheet by describing in words the deficiencies.
on may 1 2010 ziek corp. declared and issued a 10 common stock dividend. prior to this dividend ziek had 100000 shares
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