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On March 20, Terrell's petty cash fund of $100 is replenished when the fund contains $7 in cash and receipts for postage $52, freight-out $26, and travel expense $10. Prepare the journal entry to record the replenishment of the petty cash fund. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)Date Description/Account Debit Credit.
the shareholders equity section of valade corp.s balance sheet isa. how many shares of common stock were
Any plans to depreciate the operating assets on a straight-line basis for 20 years. Determine the amount of depreciation expense for 2010 on these newly acquired assets.
Star Services, Inc., a manufacturer of telescopes, began operations on October 1 of the current year. During this time, the company produced 50,000 units and sold 35,000 units at a sales price of $500 per unit. Cost information for this year is sh..
richter company has a single product called a wim. the company normally produces and sells 87000 wims each year at a
The average market price of the stock
as a result management is considering moving from a direct-labor based overhead rate to an activity-based costing
Mars Corporation has three departments. Condensed income statement data are as follows:
name two reasons why overhead might be under-applied in a given year and how this might be able to be prevented? what
As a result, they estimate that gross profit will increase by $37,605 and operating expenses by $62,595. Compute the expected new net income. (Hint: You do not need to prepare an income statement).
lets assume you have an employee who works from home. they incur expenses such as office supplies use their computer
flitter corporation uses the weighted-average method in its process costing. the following data pertain to its
If he sells the pubs abd then leases them back would you expect Lion Nathan to change how it accounts for the depreciation of he building?
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