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the city of McNeely sold bonds in the amount of $10,000,000 to finance the construction of a public health center.The bonds are serial bonds and where sold at par on July 1, 2014 the first day of a fiscal year.Shortly thereafter a construction contract in the amount of $9,000,000 was sisned and the contractor commenced work.By year-end the contractor had been paid in full for all billings to date amounting to $4,000,000.
Prepare, in general journal form, all journal entries that should have been made during the fiscal year ended June 30, 2015 to record the preceding information in the capital projects fund. Including closing entry.
the following information pertains to aampe co.s defined benefit pension plan for the year 2013.projected benefit
He wants to settle the case. Write a memo to him that states your view of whether the company is exposed to liability on all issues you feel are in play. Include in your memo any laws that apply and any precedent cases either for or against Teddy'..
Sales Returns and Allowances $3,000; Freight-out $1,000; and Purchase Returns and Allowances $2,000.The ending merchandise inventory is $25,000. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory).
paige company has completed all of its operating budgets. the sales budget for the year shows 50000 units and total
assume that chang corp. earned net income of 3339000 during 2012. in addition it had 119000 shares of 9 101 par
Which of the following is a requirement of the Sarbanes-Oxley Act?
Why is data security important now more than ever? What are some of the steps that we can take to ensure that our database is protected and secure? How can you use user views to enhance security and restrict access?
crypton electronics has a capital structure consisting of 36 common stock and 64 dept. a dept issue of 1000 par value
pilgrim products inc. buys a controlling interest in the common stock of crestwood corporation. shortly after the
Evaluate the social issues likely to impact on a business operating in a developing country.
Day Company purchased a patent on January 1, 2010 for $360,000. The patent had a remaining useful life of 10 year at that date. In January of 2011, Day successfully defends the patent at a cost of $162,000, extending the patent's life to 12/31/22...
Prepare the entries for Todd Company for the purchase of the stock, share of McGuire income and dividends received from McGuire.
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