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The Smiley Corporation has determined that the balance in its prepaid insurance account at the end is $400. Prepaid insurance had been purchased during the year in the amount of $1,200. Based on this information, the adjusting entry to be recorded at year end is: Insurance.
on january 1 2013 johnson amp carpeneter inc. agreed to grant all its employees two weeks paid vacation each year with
the net income reported on the income statement for the current year was 220000. depreciation recorded on plant assets
Journalize the allocation of the loss from Income summary and what are the balances in Lawlor and Tanya's capital accounts on March 31? Prepare T-accounts to answer the question.
having in mind the companys relationship between receivables and cash the influence of liquidity and solvency and they
Find breakeven and target profit volume
a company purchases equipment for 225000 on july 12009 with an estimated useful life of 10 years and expected salvage
bell company a manufacturer of audio systems started its production in october 2012. for the preceding 3 years bell had
a company estimates that warranty expense will be 4 of sales. the companys sales for the current period are 185000. the
1. evaluate human behavior in organizations and the forces shaping the behavior.2. analyze individual differences
for the year ended june 30 2011 net income for silk corporation was 7400. depreciation expense was 2000. during the
the trial balance of maritime company included the following account balances cash 25000 short-term investments 10000
The Feldbrand Corporation issued 300 shares of $200 par common stock at $220. Some time later the stockholders donated 100 shares which were retired. Prepare the journal entries under the par value method.
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