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Balance sheet of kinkos 199912/31/1999 $173,20012/31/1998 $ 236,400Accounts receivable less allowance for bad debts of $9,500 and $17,900 for 1999 and 1998 respectively Kinkos wrote off $10,650 of receivables as bad debts during 1999. What amount of bad debt expense was recognized for the year 1999?
Evaluate how does above bullet point affect Ora's audit report to Noved's Board of Directors and Jones's firm provided financial consulting services to Noved during 2009 and 2008, for which Noved paid just about $1,600 and $9,000, correspondingly.
Discuss the relative importance of different classifications of assets to total assets. What additional information would you expect to find in the notes to the financial statements about major classification of assets?
The accounting for assets, both current and long-term, has changed significantly since the inception of the FASB. Discuss some of the primary changes in the accounting (measurement and reporting) for assets that the FASB has implemented.
Compute the missing amounts, and prepare the firm's July production report - data pertain to the Vesuvius Tile Company for July.
finding the the cash balance at the end of the year.cash flow computations from the following selected data compute the
Create a forecast of the units and cost of raw material that will be required for February, March, and April. The expected cost per pound of raw material is expected to be $2 in February, $2.30 in March, and $2.40 in April.
1.your accounts payable system generates automated journal entries each time an invoice is recorded.2.each vendor has
a local engineering firm is bidding on a design project for a new client. the total budgeted direct-labor costs for the
What are the variable costing inventory cost per unit be for 2010,2011, and 2012, respectively?
Discuss the reasons why the FASB and the IASB are seeking to converge and improve their respective conceptual frameworks and why the project will to take a long time to complete.
calculation of product cost and breakeven point.wakefield inc. offers a cpa review course in cities throughout the
What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law? What types of tax law guidance are published by the IRS?
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