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Prepare jountal entries to record the following transactions involving the short term securities investments of Blake Cok,, all of which occurred during year 2008.
a. On Feb 15, paid 120,000 cash to purchase RTFs 90 day short term debt securities $120,000 principal, dated Feb 15, that pay 8% interest (categorized held-to maturity securites).
b. On March 22, purchased 700 shares of XIF Company stock at $27.50 per share plus a $150 brokerage fee. These shares are cateborized as trading securities.
Assign "normal" direct material and direct labor costs plus an amount representing "normal" manufacturing overhead to products. Assign actual direct material and direct labor costs plus an amount representing actual manufacturing overhead to products..
ken invested 200000 for a 30 interest in a partnership in which he is a material participant. the partnership borrowed
the following items were selected from among the transactions completed by emerald bay stores co. during the current
in order to fund her retirement michele requires a portfolio with an expected return of 0.11 per year over the next 30
alladin company purchased machine 201 on may 1 2012. the following information relating to machine 201 was gathered at
Calculate controlling interest in consolidated income
Which of the following should be reported as a change in accounting estimate?
the following are monthly totals taken from the log of laser printer used by the hardcopy printing international. cost
kenton industrial corporation uses the weighted-average method in its process costing system. during april the baker
the montha company was incorporated on april 1 20x1. montha had 10 holders of common stock. chenda month who was the
Assume that Chapman Company acquired Abernethy's common stock for $490,000 in cash. As of January 1,2009, Abernethy's land had a fair value of $90,000, its buildings were valued at $160,000, and its equipment was appraised at $180,000. Chapman use..
advanced technologies balance sheet caption for common stock is common stock 10 par value 7000000 shares authorized
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