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Question: Please give me two examples (Computer servicing and networking business) : 1. Purchase of Merchandise Inventory (You only need to record the entry for purchasing inventory on account); 2. Sales of Merchandise Inventory (You only need to record the entry for selling inventory with sales discounts).
Prepare the necessary March 31 journal entry to record wages expense and wages payable. Assume that wages earned during March will be paid during April and prepare the entry to record the company's payroll tax expense.
Segregation of Duties (SoD) and other classic internal controls such as management oversight have been adapted to consider technology. Compare/contrast the classic controls with their adaptations for technology.
Razar Sharp Company purchased tool sharpening equipment on July 1, 2008, for $48,600. The equipment was expected to have a useful life of three years, or 7,500 operating hours, and a residual value of $3,000.
Karen Company had 105,000 shares of common stock outstanding on January 1, 2011. On August 30, 2011, Karen sold 50,000 shares of common stock for cash. Karen also had 11,000 shares of convertible preferred stock outstanding throughout 2011.
The board of a company decides that the strategic objectives of the company should be:to become established as the best in its field.
company p purchased an 80 interest in company s on january 1 20x3 for 800000. on the purchase date company s
on january 1 2012 a machine was purchased for 197100. the machine has an estimated salvage value of 13140 and an
Write a 350- to 700-word paper in which you differentiate between valuation, depreciation, amortization, and depletion. Is it appropriate to calculate depreciation using two different methods? Why?
Prepare an analysis on a per unit basis showing whether Pine Street should sell unfinished or finished bookcases
If Secada paid $30,000 to a real estate broker on January 1, 2011, as a fee for finding the lessee, how much should be reported as an expense for this item in 2011 by Secada Co.?
neeley company combines its operating expenses for budget purposes in a selling and administrative expense budget. for
what are erosion costs? provide one real-life example of an erosion cost for a project. should erosion costs be
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