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The cost of merchandise sold during the year was $58,706. Merchandise inventories were $12,831 and $8,381 at the beginning and end of the year, respectively. Accounts payable were $5,017 and $4,722 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, find the total cash payments for merchandise
1.prestige industries currently manufactures and sells 20000 power saws per month although it has the capacity to
the canadian instruments company cic uses a decentralized form of organizational structure and considers each of its
mountain states cable co. provides cable tv and internet service to the local community.the activities and activity
Calculate the total dollar amount of discount or premium amortization during the first year (5/1/04 through 4/30/05) these bonds were outstanding. (Show computations and round to the nearest dollar.)
balance sheet data for hanes company on december 31 the end of the fiscal year are shown below.20142013current
Rossiter Company failed to record a credit sale at the end of the year, although the reduction in finished goods inventories was correctly recorded when the goods were shipped to the customer. Which one of the following statements is correct?
Prepare the journal entries for sales receivable
landis co. purchased 500000 of 8 5-year bonds from ritter inc. on january 1 2011 with interest payable on july 1 and
Write a 350- to 700-word summary explaining the differences between revenue expenditures and capital expenditures during a useful life and identifying any similarities. Briefly explain the entries of revenue expenditures and capital expenditur..
a company has bonds outstanding with a par value of 100000. the unamortized discount on these bonds is 4500. the
blowing rock railroad decided to use the high-low method and operating data from the past six months to estimate the
on september 30 the cash account of value company had a normal balance of 5700. during september the account was
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