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1. What are factors to be considered in estimating the useful life of an intangible asset?
1.On January 1, 2013, Byner Company purchased a used tractor.
slick corporation is a small producer of synthetic motor oil. during may the company produced 5000 cases of lubricant.
dcl industries purchased a supply of mechanical components from e corporation on november 1 2013. in payment for the
assume that the 400000 in manufacturing overhead was driven by the following activities.how much of the 400000 in
Prepare the journal entries to record the depot (consider a plant asset) and the asset retirement obligation for the depot on Jan 1, 2012. Based on an effectieve-interest rate of 6% the fair value of the asset retirement obligation on Jan 1, 2012 ..
2010 dec. 16 accepted a 10500 60-day 6 note dated this day in granting todd duke a time extension on his past-due
Instead, Lucy has classified the 50,000 as contributed capital (equity), and the interest payments are included in miscellaneous expenses on the company's income statement. What are the effects of Lucy's classification on the financial statements?
the jefferson electronic integration products corporation produces and markets two types of hardware systems model bbc
1.On January 1, 2013, Gless Textiles issued $12 million of 9%, 10 year convertible bonds at 101.
clarissa company has credit sales of 550000 during 2013 and estimates at the end of 2013 that 2.5 of these credit sales
at october 1 2013 metz industries had an accounts payable balance of 60000. during the month the company made purchases
Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, or (d) accrued expense:
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