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Sold Various computer equipment to computers by Kayla. Invoice was in the amount of $8475. The cost of equipment sold was $7125. Do I just make an entry in the sales journal for sales credit of 8475 and cogs debit of 8475? Is there another entry I need to make?
The City of Oxbow General Fund has the following net resources at yearend: $15,000 of prepaid insurance.
x.hmld like to compare answers with someone else as i dont know if i understand a lot of this accounting stuff i only
Franklin Company uses activity-based costing, and normally produces 1,000,000 units per month. At this level of production, the costs per unit are as follows
an examination of part of an organizations procedures and methods for the purpose of evaluating efficiency and
intel inc. is the pioneer in the manufacture of microprocessor for computers. the companys fiscal year runs from april
proposals a and b each cost 400000 have 5-year lives and have expected total cash flows of 470000. proposal a is
Identify the authoritative literature that provides guidance on the zero-interest-bearing note. Use some of the examples to explain how the standard applies in this setting.
alexa owns a condominium near cocoa beach in florida. this year she incurs the following expenses in connection with
Alimony $12,000 Charitable contributions 2,000 Contribution to a traditional IRA (fully deductible) 5,000 Expenses paid on rental property (Rental revenue was included in gross income, not a vacation home) 6,000 Interest on home mortgage and prope..
A company's income before interest expense and income taxes in 2010 and 2011 is $225,000 and $200,000, respectively. Its interest expense was $45,000 for both years. Calculate the company's times interest earned ratio for both years, and comment o..
a company purchased equipment and signed a 7-year installment loan at 9 annual interest. the annual payments equal
In 2010, Wild Corporation reported a net loss of $70,000. Wild’s only net income adjustments were depreciation expense $81,000, and increase in accounts receivable $8,100.
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