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Phillips Company's accounts receivable were $250,000 at the beginning of the year and $300,000 at the end of the year. Cash sales for the year were $425,000. The accounts receivable turnover was 8 times. What were Phillips Company's total sales for the year?
in the month of june davis computers paid three months rent in advance. the journal entry to record this transaction
Celia and Amos, who are married filing jointly, have one dependent and do not itemized deductions. They have taxable income of $82,000 and tax preferences of $53,000 in 2010. What is their AMT base for 2010?
eloise is a sales representative for a video production company. while at an exposition she incurs 2000 in
The partnership also assumed a $12,000 note payable owed by Robert that was originally used to purchase the equipment. What amount should Robert's capital account be recorded?
the company faces two choices that mr. smith must evaluate with your assistance continue with the current smaller sized
the purpose of part iii is to obtain an understanding of internal control and assess control risk for pinnacle
respond to the capstone discussion question. identify situations that might lead to unethical practices and behavior in
tennison corporation has two major business segments?consumer and commercial. data for the segment and for the company
a companys current net operating income is 32480 and its average operating assets are 112000. the companys required
njombe corporation manufactures a variety of products. in the past njombe has been using a traditional costing system
Have any of the topics discussed in the course given you ideas about an applied project where you might use accounting information as either a major focus or as supporting material? If so, what might you use
gibbs company purchases sails and produces sailboats. it currently produces 1258 sailboats per year operating at normal
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