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Suppose a company receives a note for $10,000 on 12/1/08 that pays interest at 12% (per year). The principal is $10,000. Full interest is paid at the end (12/1/09) along with the principal. Prepare all necessary journal entries.
On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flows:
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?
Identify four important aspects of administrative control in an IT environment.
He used the boat until 20 January of the current income year when he sold it for $18,000. What is Jerry's capital gain/(loss) on the disposal of the boat
The gross margin for a manufacturing company is the excess of sales over:
accidents happen disasters happen the unfortunate happens-but do tax deductions for them happen?describe one basic
Kohler Corporation reports the following components of stockholders equity on December 31, 2013: Common stock $ 10 par value, 100,000 shares authorized,
On 12/14/2016, Willies' Groceries makes total credit card sales for $1400 with a finance company-issued credit card, Prepare the journal to record the sale
you are a management analyst for xyz aircraft manufacturing company. your company is considering either to use
In response to these problems, Congress passed the Sarbanes-Oxley Act of 2002. Recommend internal controls that would satisfy the Sarbanes-Oxley Act.
Prepare any necessary adjusting entries relative to depreciation(use straight line) and amortization (use effective interest method) on December 31,2011.
Use the Alternate DuPont decomposition method to calculate: The return on equity ROE for the each of the years from 2014-2016
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