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Ticketsales, Inc., receives $ 5,000,000 cash in advance ticket sales for a four date tour of Bon Jovi. Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one fourth of the advance ticket sales.
There were no other transactions which affected the companies' land accounts during 2006. What is the consolidated balance for land on the 2006 balance sheet?
the management of kunkel company is considering the purchase of a 40000 machine that would reduce operating costs by
sundance skis company is preparing its end-of-year gross margin computations. sundance skis manufactures three types of
1.On January 1, 2013, Cameron Inc. bought 20% of the outstanding common stock of Lake Construction Company for $300 million cash.
from the following accounts prepare a balance sheet for the windcharter company for the year ending december 31 2013
fenwick corporations manufacturing and finished goods warehouse facilities burned to the ground on january 31. the
Sara owns a sole proprietorship and Phil is the sole shareholder of a C (regular) corporation. Each business sustained a $9,000 operating loss and a $2,000 capital loss for the year. Evaluate how these losses will affect the taxable income of the ..
cedars hospital has average revenue of 180 per patient day. variable costs are 45 per patient day fixed costs total
At the begining of the year , Addison Company's assets are 259,000 and it's equity is 194,250. During the year ,assets increased 80,000 and liabilities increase 52,643. What is the equity at the end of the year?
Expensing the costs of sample display houses in the periods in which the expenditure is made and spreading the costs over more than one period. Discuss the advantages of each method.
explain what type of audit report is required when the companys financial statements contain a material and pervasive
a company issued 5 20-year bonds with a face amount of 80 million. the market yield for bonds of similar risk and
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