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1.The following account balances were taken from the 2013 post closing trial balance of the Bowler Corporation: cash, $5,000; accounts receivable, $10,000; inventory, $16,000; machinery and equipment, $100,000; accumulated depreciation machinery and equipment, $40,000; accounts payable, $20,000; salaries payable, $12,000; retained earnings, $9,000; and common stock, $50,000. Prepare a 12/31/13 balance sheet.
On that date, the market value of the common stock was $15 per share and the market value of each warrant was $2. Austere should record what amount of the proceeds from the bond issue as an increase in liabilities?
baker cpa was engaged to audit mill companys financial statements for the year ended september 30 20x1. after obtaining
Prepare journal entries necessary for Crane during 2007 and 2008 to account for the transactions described above.
delphins marina is expected to pay an annual dividend of 0.58 next year. the stock is selling for 8.53 a share and has
Tulsa Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Consider the data that follow.
What are the implications of this in terms of a conceptual framework project, specific accounting standards, and comparability of accounting income numbers?
Determine the predetermined overhead rate for the year 2011. Set up a T-account for Factory Overhead and enter the overhead costs incurred and the amounts applied to jobs during the year using the predetermined overhead rate.
a project has an actual first unit cost of 72.8 million. four additional and similar units are to be financed by bank
aaa lock manufacturing co. makes and sells several models of locks. the cost records for the zforce lock show that
the predetermined manufacturing overhead rate is 10 per direct labor hour 15.00 divide 1.5. it was computed from a
nike owns cole haan. the mens loafer is in high demand. suppose sales on this loafer during the present year are
the following expenditures relating to plant assets were made by devereaux company during the first 2 months of 2014.
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