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Question - Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchandise is $3,000). Dextra collects 3% sales tax. Record the entry for the $5,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15. Record the cash sales and 3% sales tax.
On the first day of the fiscal year, a company issues a $1,200,000, 9%, 5 year bond that pays semi-annual interest of %54,000, Journalize the bond issuance
donnelly corporation manufactures and sells t-shirts imprinted with college names and slogans. last year the shirts
Prepare the schedule of payroll information for wages paid, including PAYG withholding deductions, and net wages for each employee by week
What is the total amount of conversion costs? Arden Company reported the costs and expenses for the most recent month,Direct Materials: $80,000
On December 31, 2002, Podil Corp. purchased 75% of the common stock of Sumy Co. for $2,317,500. Prepare a three-part worksheet as of December 31, 2009
Find What is the difference between a positive and a normative theory of financial accounting, and is one better than the other?
Calculate the carrying amount of each asset for the current year ended 30 June 2020. Whether the asset is subject to amortisation
About 8% of cars require warranty repairs at an average cost of $200 per car. What is the accounting entry to record the expected warranty expense for the year?
according to the fasbs conceptual framework earningsa. is the same as omprehensive incomeb. excludes certain gains and
Which is considered to be an "internal" user of accounting information and about the differences between financial and management accounting is true?
You will be asked to select a company that is publically traded. You must research and secure the SEC 10-K Annual Report for the most recent year.
Determine the dollar amounts that Towson will report on its year end Balance Sheet for Paid in Capital Common Stock in Excess to par.
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