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Bugga Corp expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter?
A. $24,000
B. $72,000
C. $86,400
D. $87,360
Machinery worth Rs 22,500 purchased on Oct 1, 2008 was shown as purchases. Freight paid on the machinery was Rs 2,500, which was included in freight on purchases - Create a provision for doubtful debts at 5% on debtors
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Heavenly Sounds Corp., an electric guitar retailer, was organized by Mickey Blessing, John Frey, and Nancy Stein. The charter authorized 750,000 shares of common stock with a par $20. the following transactions affecting stockholders equity were comp..
module 11 what are the maturities on intels long-term debt?2 what are intels projected obligations on long-term debt
Prepare the journal entry(ies) to record the issuance of zero interest bearing notes and warrants for the cash consideration that was received.
Determine the amount of depreciation expense for the years ended December 31, 2010, 2011, and 2012, by the Straight-Line Method, the Units-of-Production Method, and the Double-Declining-Balance Method.
a company completed its income statement and balance sheet for the year and provided the following
Journalize Vopats admission to the firm of Vopat and Sigma - It is agreed that the allowance for doubtful accounts should be $3,000 for the partnership. The fair value of the equipment is $23,500.
Make sure that you solve for the output level of each firm, and the market price.
Southwest currently has two surplus Boing 737-300 jets which are not used for anything and are parked on a runway in Arizona. The jets were bought for $45 million each 11 years ago, Jets of the same model, age, and condition currently trade for $5 mi..
Describe the structure of GAAP prior to the codification, and after the codification. What are the pros and cons related to the change?
Which of the following would not be found in a Schedule of Noncash Investing and Financing Activities, reported at the end of a Statement of Cash Flows?
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