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At the end of calendar year 2013, the following balances were found in the ledger of the Old Elias Library Fund. Prepare closing journal entries for these budgetary and financial accounts. Also, state the effect of the year operating results on the library fund balance.Estimated revenues........ $ 800,000Appropriations .......... 750,000Budgetary fund balance ...... 50,000Revenues ............ 780,000Expenditures ........... 760,000
the katie corporation has budgeted fixed costs of 125000 and an estimated selling price of 16.50 per unit. the
on january 1 2011 937000 5-year 10 bonds were issued for 908890. interest is paid semiannually on january 1 and july 1.
A manufacturing cell has the theoretical capability of producing 40,000 microchips per quarter. The conversion cost per quarter is $90,000. There are 16,000 production hours available within the cell per quarter. The theoretical cycle time per uni..
hn inc. produces and sells 40000 units of a single product eye drops. variable costs total 80000 and fixed costs total
On January 1, 2011, an investor paid $299,000 for bonds with a face amount of $350,000. The stated rate of interest is 10% while the current market rate of interest is 12%. Using the effective interest method, how much interest income is recognize..
Which of the following is an example of a variable cost?
clydesdale corporation has a cumulative temporary difference related to depreciation of 601000 at december 31 2012.
Explain the primary difference between technical stock analysis and fundamental analysis.
Prepare a schedule of cost of goods manufactured for Fido Treats for the year ended December 31, 2012. Prepare an income statement for Fido Treats for the year ended December 31, 2012.
back mountain industries bmi has two divisions east and west. bmi has a cost-of-capital of 15.4. selected financial
After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $15,000. What will be the amount of uncollectible accounts expense reported on the income statement?
Appollo Corporation reported the following accounts and balances in its financial statements.
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