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1. Pechstein Corporation issued 2,000 shares of $10 par value common stock upon conversion of 1,000 shares of $50 par value preferred stock. The preferred stock was originally issued at $60 per share. The common stock is trading at $26 per share at the time of conversion. Record the conversion of the preferred stock.
Companies around the globe are using social media to connect with their customers.
at the end of 2010 jackson tank companys accounts showed a 66000 credit balance in manufacturing overhead control. in
you have been elected president of your universitys newly chartered accounting honor society. th e society is a chapter
bridgette is known as the doll lady. she started collecting dolls as a child always received one or more dolls as gifts
during 2009 the ellis corporation had 370000 shares of 20 par common stock outstanding. on january 1 2009 2000 8
Burt, CPA, issued an unqualified opinion on the financial statements of Midwest Corp. These financial statements were included in Midwest's annual report, and Form 10-K was filed with the SEC. As a result of Burt's reckless disregard for GAAS, mat..
What do we mean when we say that investors and creditors are interested in a company's "cash flow prospects"?
Prepare a new income statement for the year using variable costing. Comment on the differences between the absorption costing and the variable costing income statements.
on january 1 2011 lloyd company purchased equipment with a list price of 12600 with a 2 cash discount. a total of 1000
The diverse measurement techniques developed for different types of assets suggest that standard setters are confused about the nature of the attribute that is to be measured.
The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30. What is the price of the bond on date of purchase?
during the period 1984 to 2008 the average yield on 3-month u.s. treasury bills was 4.76 the average inflation rate was
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