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Develop a corporation chart of accounts, taking into consideration the following:
There should be a minimum of 4 employees and at least 3 tangible assets. The corporation is a merchandising operation, so you will need to consider the necessary accounts.
Develop the first month's transactions. Prepare the first month's journal entries based on your chart of accounts. You will need to determine and explain your choice of depreciation method, choice of debt structure, and consider the rates of pay for the employees.
In your narrative, discuss how ethics is related to a company having a chart of accounts. What kinds of internal controls might be helpful in your particular company? List a minimum of 3 internal controls.Aside of developing the chart of accounts I need help with the narrative.
Assuming that the compressor has a salvage value of $2,500, calculate its 2008 depreciation under the straight-line method
On January 1, 2014, a machine was purchased for $900,000 by Young Co. The machine is expected to have an 8-year life with no salvage value. It is to be depreciated on a straight-line basis. The machine was leased to St. Leger Inc. on January 1..
in december one of the processing departments at pomainville corporation had beginning work in process inventory of
A triangular block is wedged between a wall and the ground.
all of the outstanding stock of a closely held c corporation is owned equally by mary smith and bob bufusno. in 2012
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if the simple interest on a sum of money for 2 years at 5 per annum is rs. 50 what is the compound interest on the same
a business operated at 100 of capacity during its first month and incurred the following costs production costs 5000
on november 14th the milling department hasaccepted job 111407a for 1000 pounds of cereal mix. the bill ofmaterials bom
land buildings and equipment are axquired for limp aum of 950000.the market values of the three assests are
corky motors is in its first year of operations and as of december 30 has total revenues of 5 million projected net
occidental produce company has 40000 shares of common stock outstanding and 2000 shares of preferred stock outstanding.
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