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A balance of 49,900 in the vacation benefits payable account. During month employees earned an additional 3,110 in vacation benefits, but some employees used vacation days that amounted to 2,490 of the benefits, charged to wage expense when it was pd. what adjusting entry would they make at the end of month to bring that account up to date?
Which of the following is NOT a profitability ratio?
a year ending balance sheet showed the subsequent subtotals current liabilities 80000property plant and equipment
Explain the differences and similarities between PBO and ABO. Describe how the 'Projected benefit obligation in excess of plan asset' is shown in the financial statement.
If the bowls cost LeMay Company $3 each, explain how much liability for outstanding premiums should be recorded at the end of 2012.
What is the major source of the change in net assets that occurred in 2007 from the change that occurred in 2008? In your opinion, is this trend likely to continue? Why/why not?
Chipper, a calendar-year corporation, purchased new machinery for $475,000 in February, 2010. In October, it purchased $725,000 of used machinery. What is Chipper™s maximum cost recovery deduction for 2010?
Calculate the profit and loss position for each of the patient service departments and the hospital as a whole and what is Painless revenue variance? Is the total revenue variance favourable or unfavourable? Why?
Describe how Peachtree Complete Accounting handles processing the accounting transactions and recording business activities for the revenue, expenditure and financing cycles.
q1.nbsptumbling haven a gymnastic equipment manufacturer provided the following information to its accountants. the
Algood and Gaw began a partnership on January 2 of the current year. Algood invested cash of $150,000 as well as inventory costing $30,000, but with a current appraised value of $50,000. Assuming that the bonus method was used by this partnership, wh..
Vandross Company has recorded bad debt expense in the past at a rate of 1.5% of net sales. In 2014, Vandross decides to increase its estimate to 2%. If the new rate had been used in prior years, cumulative bad debt expense would have been $382,680 in..
Eraesi Company, which uses the perpetual inventory system, began operations on January 1, 2010. At January 1, 2011, the Company reports the following balances.
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