Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Nonmonetary Exchange Alatorre Corporation, which manufactures shoes, hired a recent college graduate to work in its accounting department. On the first day of work, the accountant was assigned to total a batch of invoices with the use of an adding machine. Before long, the accountant, who had never before seen such a machine, managed to break the machine. Alatorre Corporation gave the machine plus $320 to Mills Business Machine Company (dealer) in exchange for a new machine. Assume the following information about the machines.
Alatorre Corp. Mills Co.(Old Machine) (New Machine)Machine cost $290 $270Accumulated depreciation 140 -0-Fair value 85 405
For each company, prepare the necessary journal entry to record the exchange. (The exchange has commercial substance.)
coleman inc. anticipates sales of 50000 units 48000 units and 51000 units in july august and september respectively.
For each of the following, compute the present value, (Enter rounded answers as firectedm but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 23.16)
What amount should White report as Cost of Goods Sold in the 2011 income statement?
apple corp sold 80000 units providing a profit of 60000. the unit margin of safety for the period was 40000 units. if
bobbi and stuart are partners. the partnership capital of bobbi is 40000 and stuart is 70000. bobbi sells his interest
ABC Corp distributed land to its sole shareholder, DEF Corp, in a liquidating distribution. At the time of the distribution, the land had a fair market value of $240,000 and ABC Corp's adjusted basis in the land was $200,000.
albright company allocates the estimated 270000 of its accounting department costs to its production and sales
Presented below is information related to Greene Company. Compute the inventory by the conventional retail inventory method.
Question 1: What are swaps? How can they be used by a corporation?
1.At January 1, 2013, Rothschild Chair Company, Inc., was indebted to First Lincoln Bank under a $20 million, 10% unsecured note.
This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. Envision a service-based (insurance, telemarketing, or other) profit organization that employs 20,000 empl..
profit is often equated to cash flow. under what circumstances is this justified and when is it not justified. which is
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd