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Provide the adjusting journal entries for each of the following items.. Omit explanations.a. Unrecorded interest on savings bonds is $680.b. Property taxes incurred but not paid or recorded amount to $540.c. Legal fees of $5,000 were collected in advance. By year end, 80 percent were still unearned.d. Prepaid Insurance had a $1,600 debit balance prior to adjustment. By year end, 25 percent was still unexpired.e. Salaries incurred by year end but not yet paid or recorded amounted to $1,375.f. Services totaling $900 have been performed but not yet recorded or billed.
suppose you have landed successfully on a good career path full time position as a financial analyst with a
financial anaylsis on the web byp11-6 however instead of using reportgallery go to click on company directories and
julie jones was hired by a popular fast-food restaurant as an order taker and cashier. shortly after taking the job she
on january 1 2013 sweetwater furniture company leased office space under a 21-year operating lease agreement. the
Each of the following would be reported as items of other comprehensive income except:
What is the budgeted utility cost for September 2011 if 31,250 machine hours are projected?
denny manufacturing had a bad year in 2012. for the first time in its history it operated at a loss. the companys
Meredith Corporation acquired 20% of the outstanding common stock of Cairo Corporation on December 31, 2010. The purchase price was $1,250,000 for 50,000 shares.
Instead of estimating the uncollectibles at 2% of net sales, assume that 10% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense.
Tanner Bay Inc. has two departments, Assembly and Packaging. The company uses a job-order costing system and computes a predetermined overhead rate in each department. What is the predetermined overhead rate to be used in each department? Show comp..
gantry manufacturing is a medium-sized organization with manufacturing facilities in seven locations around the
During the year just ended, Kerry Company's income under absorption costing was $3,000 lower than its income under variable costing.
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