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Telephone Sellers Inc. sells prepaid telephone cards to customers. Telephone Sellers then pays the telecommunications company, TeleExpress, for the actual use of its telephone lines related to the prepaid telephone cards. Assume that Telephone Sellers sells $4,000 of prepaid cards in January 2014. It then pays TeleExpress based on usage, which turns out to be 50% in February, 30% in March, and 20% in April. The total payment by Telephone Sellers for TeleExpress lines over the 3 months is $3,000. Indicate how much income Telephone Sellers should recognize in January, February, March, and April.
koger supermarkets use scanning machines to ring-up customer purchases. koger bought machine 25624 on april1 2006 for
assuming that all direct materials are placed in process at the beginning of production and that the first-in first-out
What are John's deductions for 2010 and 2011 based on the above information if 1) the car was used for personal property and 2) business property?
To differentiate the variable and fixed costs in the use of this machine for future planning, use the high-low method to determinethe variable cost per copy and compute the flat fee.
using the appropriate interest table compute the present values of the following periodic amounts due at the end of the
e9a. roll in the hay inc. provides harvesting services. in june the business earned 3600 by cutting turning and baling
section anbspuse your kills to analyze compare criticize evaluate and justify the answers in a process to solve the
Charitable Contributions of Property. Blue Corporation donates the following property to Johnson Elementary School:
Which of the following is not a common method of capital budgeting?
According to a summary of teh payroll of Matrix Publishing Co., $380,000 was subject to the 7.5% FICA tax. Also $16,000 was subject to state and federal unemployment taxes.
stanley childrens hospital reported an average cost per discharge of 6500 for the quarter with 300 discharges and an
Describe how the use of the audit software package and a copy of the inventory file data might be helpful to the auditor when observing the physical count of inventories as of a given date and test a sample for accuracy
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