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MArble corporation had the following balances in its stockholders equity accounts at December 31, 2010.
common stock, $10 par, 50,000 shares authorized, 20,000 shares issued...$200,000paid-in capital in excess of par value, common......250,000retained eranings.......500,000treausry stock, 1,000 shares........(20,000)total stockholders equity..........$930,000The following transactions occured during 2011:February 3 - sold and issued 3,000 ahares of common stock for $22 per shareMay10 - declared a $0.50 per share dividend on common stockOctober - 12 Sold 500 shares of the treausury stock for $20 per shareDecember - 31 Net income for the year was determined to be $75,000Based on the above information, prepare a statement of stockholders equity for 2011.
Critically evaluate the risk-based approach to external audit with particular reference to the audit of Home Retail Group plc.
Fill in the income statement for GlaxoSmithKline (UK)and Balance sheet in Appendex A for 2011 and 2010. Take the numbers from their corporate website ONLY and then take the rate of USD and convert the numbers from Pounds to USD.
Discuss several career opportunities available to students who combine a study of accounting with course work in AISs, information systems, and/or computer science. Can you think of other jobs where these skill sets would be desirable?
Advise the CEO of Steelworks Ltd whether to accept or reject the order. Discuss the following issues that Steelworks Ltd will have to consider in deciding whether to accept or reject the order.
Jarvie loves to bike. In fact, he has always turned down better paying jobs to work in bicycle shops where he gets an employee discount. At Jarvie’s current shop, Bad Dog Cycles, each employee is allowed to purchase four bicycles a year at a discount
the four kinds of accounting changes including error correction arechange in accounting principlechange in accounting
you have an accounting intern on staff and have been asked to explain to her the followingmethods by which the
How is job costing in service organizations different from job costing in manufacturing environments?
questionrailway company a has 1000 miles of get that extend from location a to location b. railway company a adopted
The company expects to start the first quarter with 1,800 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 10% of the next quarters budgeted sales.
question betty jones files a return as a single taxpayer. items of income received by betty in 2011 were as
Prepare a statement of cash flows. Include proper heading for the financial statement, and categorize the given information into the categories of operating, investing and financial activities.
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