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Prior to recording adjusting entries, the Office Supplies account had a $359 debit balance. A physical count of the supplies showed $105 of unused supplies available, what is the required adjusting entry?
equipment costing 40000 with a salvage value of 8000 and an estimated life of 8 years has been depreciated using the
What is the rebate expense and liability, respectively, shown on the 2007 financial statements dated December 31?
Lindy Corporation owns a 40% interest in Belair Company, acquired several years ago at a cost equal to book value and fair value. Belair sells merchandise to Lindy for the first time in 2003. In computing income from the investee for 2003 under th..
a company estimates that ordering costs are 2.00 per order picking costs are 1.00 per unique item ordered packing costs
J-mart and Buy-Lo are two companies that sell identical products. They are located in different parts of the same city. During September, J-mart sold $25,000 of goods, while Buy-Lo sold $19,000.J-mart's profit was $9,000, and Buy -Lo profit was $3..
Select two aspects of a performance appraisal from the following list. In at least 250 words, explain the following: what are the special challenges in each area and what would be the effects on employees and employers if the challenges were not a..
can someone please answer this problem for me? its from kieso weygandt and warfield intermediate accounting 14th
at january 1 2004 xyz company reported an allowance for bad debts with a 25000 credit balance. during 2004 xyz company
an article recently appeared in the wall street journal indicating that companies are selling their receivables at a
using the following end of year account balances create a multi-step income statement and a balance sheet with the
beyonceacute corporation factors 175000 of accounts receivable with kathleen battle financing inc. on a with recourse
For the year ended December 31, 2011, Blake reported income of $63,000 and paid cash dividends of $14,000 on its common stock. What is the proper carrying value of Clyde's investment in Blake at December 31, 2011?
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