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On March 1, Cucumber Co. began construction of a small building. The following expenditures were incurred for construction:
The building was completed and occupied on July 1. To help pay for construction $100,000 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding during the year was a $1,000,000, 10% note issued two years ago.
Instructions
(a) Calculate the weighted-average accumulated expenditures.
Capitalization Weighted-Average Date Expenditures Period Accum. Expend.
allowance for doubtful accounts has a credit balance of 677 at the end of the year and an analysis of accounts in the
Choose an article on Private Business Competition from a professional, economic, or management journal published in the last ten years such as The Freeman: Ideas On Liberty, The Economist, Forbes, The Cato Journal, Harvard Business Review, or Sloa..
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Interest has not been accrued since the last interest payment date. What is the entry to record the cash proceeds at the time the bond is sold?
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assuming that the company uses the perpetual inventory system determine the cost of merchandise sold for the sale of
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