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Arndt Company provides the following information for the month ended October 31, 2014: sales on credit $290,750, cash sales $108,430, sales discounts $5,890, sales returns and allowances $12,790.
Prepare the sales revenues section of the income statement based on this information.
Prepare a statement of cash flows using the indirect method and compute free cash flow and prepare the journal entry.
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Speedy paid $90,000 of the fuel cost in May, with the remainder paid in June. In addition, Speedy paid $15,000 in May to another fuel supplier in an effort to build up its supply of fuel. Calculate the amount of expense recognized in May under accr..
complete the accounting information systems simulation located on the student website.write a 350-word summary
refer to the original data. assume again that the company sold 31000 units last year. the president does not want to
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xx company makes consumer electronics. last year xx sold 25000 units at 25 each. total costs equaled 525000 of which
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