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Warner Co. started a new publication called Contest News. Its subscribers pay $24 to receive 12 issues. With every new subscriber, Warner debits Cash and credits Unearned Subscription Revenue for the amounts received. The company has 100 new subscribers as of July 1, 2009. It sends Contest News to each of these subscribers every month from July through December. Assuming no changes in subscribers, prepare the journal entry that Warner must make as of December 31, 2009, to adjust the Subscription Revenue account and the Unearned Subscription Revenue account.
for the last nine years mr. and mrs. orchard live in a residence located on eight acres. in january of the current year
reflecting a positive image and content in a document or report is a must especially when you want to position your
safe travel produces car seats for children from newborn to 2 years old. the company is worried because one of its
If all the stamps sold in 2007 were presented for redemptionin 2008, the redemption cost would be $5,200,000. What amount should Hairston report as a liability for stamp redemptions at December 31, 2007?
verizon spends an average of 400 to acquire a customer.annual maintenance costs is 35customer.record-keeping and
Write a memo to your superior analyzing the performance of SAC for 2005 and 2006. This analysis should be based on the information found in the consolidated financial statements.
What is a committed fund balance in a governmental funds balance sheet? How does it differ from a restricted fund balance?
What is meant by the term one-line consolidation and what differences occur in financial statements when a one-line consolidation rather than full consolidation is used?
Coral Gables Electronics is considering reorganizing its plant into manufacturing cells. The company has the following information:
carter company earned net income of 350000 last year. this year it wants to earn net income of 450000. the companys
If it began the quarter with an $18,000 inventory at cost and purchased $72,000 of merchandise during the quarter, its estimated ending inventory by the gross profit method is:
Host Corporation is authorized to issue 800,000 shares of $7 par value common stock. During 2010, its first year of operation, the company has the following stock transactions.
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