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A friend of yours who is not an accountant heard a story on the news about revenue recognition fraud and doesn't understand what that means.
Research the Internet to find a relevant article about revenue recognition fraud from an accounting publication or authoritative source regarding revenue recognition fraud.
In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.
Patti and Pam are forming a partnership. Patti will invest a piece of equipment with a book value of $6,068 and a fair market value of $11,522. Pam will invest a building with a book value of $39,286 and a fair market value of $75,432. Illustrate ..
Find the company's cost of common equity if all of its equity comes from retained earnings and What would the cost of equity from new stock be?
What is amount of depreciation for the second full year, during which the machine was used 5,000 hours?
Calculation of terminal flow - How much gain or loss on the disposal should post record in 1997?
Analysis of overheads and calculation of under or over application of overheads - The journal entry to record the requisition from the storeroom
After product cost elements are identified, how is the cost of goods manufactured for a period determined.
Before considering the above dividends, Sonoma has taxable income of $550,000. Compute Sonoma's allowable dividends-received deduction and final taxable income?
Assume Ken’s modified adjusted gross income for purposes of the bond interest exclusion and for determining the taxability of his Social Security benefits is $70,000 and that Ken files as a single taxpayer. Find out Ken’s 2009 gross income
What is preacquisition income? How should the preacquisition subsidiary revenues and expenses be handled in the consolidated balances for the year of acquisition?
Evaluate the economic order quantity for the spice in terms of 10 pound bags - Find the reorder point
If Francis had actual variable overhead costs of $58,500 for 9,000 vases produced, what is the difference between actual and budgeted costs for variable overhead?
Give the proper journal entries for each of the subsequent occurred in 2011.
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