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1. Trading Securities Entries on December 21, 2010, Zurich Company provided you with the following information regarding its trading securities. During 2011, Carolina Company stock was sold for $9,500. The fair value of the stock on December 31, 2011, was: Star gate Corp. stock-$19,300; Vector man Co. stock-$20,500.
(a) Prepare the adjusting journal entry needed on December 31, 2010.
(b) Prepare the journal entry to record the sale of the Carolina Company stock during 2011.
(c) Prepare the adjusting journal entry needed on December 31,2011.
the following transactions were completed by hobson inc. whose fiscal year is the calendar year2010july 1. issued
yuri co. operates a chain of gift shops. the company maintains a defined contribution pension plan for its employees.
Explain the history of corporate accounting responsibility
online degrees and courses are widely used by colleges and universities around the world. some students feel that the
Sam and Abby are dependents of their parents, and each has income of $2,100 for the year. Sam’s standard deduction for the year is$1,050, while Abby’s is $2,450. As their income is the same, what causes the difference in the amount of the standard de..
a total of 30000 units were sold last year. the contribution margin per unit was 2 and fixed expenses totaled 20000 for
kellys boutique has several questions for you that excel can help answer. kelly is planning for the future and would
you have been asked by the financial vice president vp to develop a short presentation on the lower?of?cost?or?market
Prepare the journal entry at the date of the bond purchase.
Is earnings management always criminal? Is earnings management always unethical?
Describe how the translation gain or losswould be reported in the financial statements
What are audit and internal control issues?
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