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Prepare journal entries to record the following transactions for the Village of Radnor. Classify the expenditures as Parks supplies.1.Placed purchase order 960 for supplies in the amount of $ 8,000 and purchase order 961 for supplies in the amount of $ 6,000. The purchase orders allowed the suppliers to ship and bill for additional quantities, up to 5 percent of the order.2.Received the supplies ordered on purchase order 960, together with an invoice for $ 8,300. The sup-plies, including the additional quantities, were accepted, and a voucher was prepared for $ 8,300.3.Received all the supplies ordered on purchase order 961, together with an invoice for $ 5,800. The supplier said that production costs were less than anticipated, and it was passing the lower cost on to Radnor. A voucher for $ 5,800 was prepared.4.The voucher for $ 8,300 was paid.
Which of the following items would not be reported in the section on revenues and gains in the statement of activities of a private college or university?
Kessler estimates its annual warranty expense as a percentage of sales. The amount charged to warranty expense on its books was $105,000. Assuming a 40% income tax rate, what amount was actually paid this year for warranty claims?
great lakes health care common stock offers an expected total return of 9.2. the last annual dividend wwas 2.10 a
davids capital account began the year with a balance of 45900. during the year davids share of the partnership income
on january 1 2011 trillini corporation issued 3000000 of 10-year 8 convertible debentures at 102. interest is to be
Sonja is a United States citizen who has worked in Spain for the past 10 months. She received $5,000 a month as compensation. Her employer has offered to extend Sonja's contract to work in Spain for another 5 months at the same rate of pay.
william sold section 1245 property for 25000 in 2011. the property cost 35000 when it was purchased 5 years ago. the
an insurance company contract with artists to exhibit their works to the public. aoti has agreed to pay as well known
Given the firm's projections and dividend payments plans, what are its discretionary financing needs?
Suppose the exchange rate between U.S. dollars and Swiss francs is SF 0.9645 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.1934 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?
at year-end alvare company estimates its bad debts as 0.70 of its annual credit sales of 762000. alvare records its bad
nbspyou decide to open a small business in charleston sc that will cater primarily to busy downtown workers. gourmet
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