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Please prepare the following journal entries. Indicate which account should be debited with the abbreviation DR in front of the account name and which account should be credited with the abbreviation CR in front of the account name along with the dollar amount of the debit and credit.
a) Investors invested $150,000 in exchange for 10,000 shares of common stock.b) Company made payment on account for $10,000c) Company received $15,000 for services not yet performedd) Company purchased $7,500 worth of equipmente) Company billed $5,000 for services performed
Evaluate the weighted-average number of shares to be used in computing earnings per share for 2013 and amortization was recorded when interest was received by straight-line method
by how many days would the cash conversion cycle be changed?cash conversion cyclecyree inc. has annual sales of
Identify one of the general deductions and explain its current treatment. Then, argue whether or not it should be allowed as a deduction. You can approach this question from an economic, social, revenue, or political perspective.
Capital Structure decisions - The cost of capital for a project depends primarily on the
the shelter association of gogebic county gets the majority of its funding from the local chapter of the united way.
Q. Illustrate what is three way matches? Illustrate what is the reason for three way match? Illustrate what are the disadvantages for using three-way match and illustrate what are other options (instead of using three way matches)
tyro co. uses a standard cost system. the subsequent information pertains to direct labor for product b for the month
on 1st december 2012 simmons company sold land to keller company. the two companies entered into an installment sales
Janice has interest income of $5,000 on certificates of deposit at Second Bank. Janice makes estimated tax payments of $17,000 for 2011.
Illustrate what business risks does JetBlue face that may threaten the company’s ability to satisfy stockholder expectations? What are some examples of control activities that the company could use to reduce these risks?
The market value of the common stock at the date of the conversion was $30 per share. Illustrate what total amount should be credited to additional paid-in capital from common stock as a result of the conversion of the preferred stock into common..
q1. a minister receives an annual salary of 16000 in addition to the use of a church parsonage with an annual rental
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