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!
For the year ending June 30, 2008, Microsoft Corporation reported short-term unearned revenue of $13,397 million. For the year ending June 30, 2008, Microsoft also reported total revenues of $60,420 million.
(a) Assuming that Microsoft recognized $3,000 million of unearned revenue as revenue during the year, what entry for unearned revenue did Microsoft make during the year? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.
(b) What percentage of total revenues is the short-term unearned revenue as of June 30, 2008? Round to one decimal place.
Paid rent for May, $5,000. Purchased merchandise on account from Martin Co., terms 2/10, n/30, FOB shipping point, $36,000. Paid freight on purchase of May 3, $600. Sold merchandise on account to Karman Co., terms 2/10, n/30, FOB shipping point, $68,..
For each of the above situations, provide the journal entry that should be recorded as of December 31, 2008, or explain why an entry should not be recorded.
Dennis Company is an 80%-owned subsidiary of Kay Industries. Dennis Company issued 10-year, 8% bonds in the amount of $1,000,000 on January 1, 20X1. On the distribution of income to the controlling and noncontrolling interests.
Transform financial statements from Barclays bank group limited, to an XBRL (GAAP or IFRS)instance Document. Provide a brief summary of the documentation as well as a reflection on the challenges you faced while transforming the financial statemen..
Examine accounting principles and concepts used in businesses and prepare and record financial transactions in the accounting cycle according to GAAP and IFRS accounting methodology.
When a new partner is admitted to a partnership, there should be a(n)
On October 1 of Year 1 Zeta Company collected $1,200 cash for services to be provided for one year beginning immediately. The company’s fiscal closing date is December 31. Based on this information, the amount of revenue appearing on the Year 1 incom..
Explain how is the presence of the other owners reflected in consolidated financial statements, What accounting is appropriate for a noncontrolling interest?
roland amp sons music ltd.s comparative balance sheets at december 31 20x7 and 20x8 and its income statement for the
e-Shop, Inc. has net sales on account of? $1,500,000. The average net accounts receivable are? $610,000. Calculate the? days' sales in receivables.?
Whats the intrinsic value of the stock based on the required rates of return - What is the intrinsic value of the companys common stock?
evaluating multiple projects with npv analysis.1.nbsp you want to bank enough money to pay for 5 years of undergraduate
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