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Describe the act of posting a transaction from the general journal to the ledger. What difficulties could arise if no cross-indexing existed between the general journal and the ledger accounts?
castine reports net income of 305000 for the year ended december 31 year 2. it also reports 93700 depreciation expense
Prepare journal entries to integrate budget
hazelnut company earned net income of 95000 during the year ended december 31 2012. on december 15 hazelnut declared
a company had a profit margin of 8. if net income equaled 56000 and average total assets equaled 337500 how much were
The appraisal states that the system increased the value of Gabriel's residence by $1,000. Expenses qualifying for the medical deduction in the current year total:
durango inc had net income for 2014 of 2120000 and earnings per share on commong stock of 5. included in the net income
Jack Sawyer is presently leasing a copier from John Office Equipment Company. The lease requires 11 annual payments of $2,500 at the end of each year and provides the leaser (John) with an 8% return on its investment. You may use the following 8% ..
financial reporting decisions do not affect corporate taxation however corporate taxation does affect financial
barkley corp. obtained a trade name in january 2009 incurring legal costs of 15000. the company amortizes the trade
collins office supplies is considering a more liberal credit policy to increase sales but expects that 9 percent of the
durden co. has 10 par value 10 cumulative preferred stock. there are 10000 shares issued and outstanding of the
What is the amount of the capitalization of retained earnings for the stock dividend?
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