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Dolly is a college student who works as a part-time server in a restaurant. Her usual tip is 20% of the price of the meal. A customer ordered a piece of pie and said that he would appreciate prompt service. Dolly abided with the customer's request. The customer's bill was $8, but the customer left a $100 bill on the table and did not ask for a receipt. Dolly gave the cashier $8 and pocketed the $100 bill. Dolly concludes that the customer thought that he has left a $10 bill, although the customer did not return to correct the apparent mistake
Difference between debt ratio and insolvency
a company constructs a building for its own use. construction began on january 1 and ended on december 30. the
on january 1 2013 when the market interest rate was 9 percent seton corporation completed a 200000 8 percent bond issue
green mountain financial inc. was organized on february 28 2014. projected selling and administrative expenses for each
webster training services wts provides instruction on the use of computer software for the employees of its corporate
The actual return on plan assets was $1 million although it was expected to be $6 million. On average, employees' remaining service life with the company is 18 years.
garza and neely cpas are preparing their service revenue sales budget for the coming year 2014. the practice is divided
the devon motor company produces motorcycles. during april the company purchased 8000 batteries at a cost of 10 per
Assess how a company's accounting and financial reporting is likely to be impacted by the work being done by the EITF on this issue.
community challenges a nonprofit organization for physically and mentally challenged people manufactures a variety of
court and insurance awards. determine whether the following items represent taxable incomea. as the result of an age
For the year ended on December 31, 2010, XYZ had net income of $90,000 and paid dividends of $40,000. Prepare the journal entries to record the result using EQUITY METHOD of accounting. Show your calculation for the adjustments of net income.
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