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On the first day of the current fiscal year $2,000,000 of 10 year 7% bonds with interest payable annually, were sold for $2,125,000. Present enteries to record the following transactions for the current fiscal year
A Issuance of the bonds
B First annual interest payment
C Amortization of bond premium for the year using the striaght line mthod of amortization
Prepare a cost of production report for the Sifting Dept for October, using average cost method.
a corporation had 18500 shares of 5 par value common stock outstanding when the board of directors declared a stock
a not-for profit nursing home has total expenses of 50 million. sales tax in the state is 7. expenses are broken down
paloma co. stars has four employees. fica social security taxes are 6.2 of the first 110100 paid to each employee and
at the beginning of year 1 kare company initiated a quality improvement program. considerable effort was expended over
at the beginning of 2014 tanham company discovered the following errors made in the preceding 2
capriati corporation commenced operations in early 2012. the corporation incurred 60710 of costs such as fees to
A department has no beginning work in process, has started 80,000 units and completed 50,000 units. Its ending work in process is 30,000 units, 60% complete as to conversion costs and fully complete as to materials.
Pelican'W s Investment in Crustacean account for 2003 should increase by:
taking as a starting point a past governmental action against an unjust practicediscuss the effectiveness of the
the following information is available to reconcile branch companys book balance of cash with its bank statement cash
A company makes a credit sale of $750 on June 13, terms 2/10, n/30, on which it grants a return of $50 on June 16. What amount is received as payment in full on June 23? (a) $700. (b) $686. (c) $685. (d) $650.
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