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What are life Members / Life Membership In accounting ?Give me the Accounting Treatment for the same. Noexample is needed.no words limits.
ltpgtxy and z are partners in a firm sharing profits in 764 ratio.their respective fixed capitals are rs.80000rs.40000
the sparkly corporation has the following budget and actual results. budgeted data unit sales 30000 unit production
The lease is appropiately classified as a sales-type lease. Asuming the interest rate for the lease is 10% what will the balance reported as a liability be by the lessee on dec 31, 2007?
1.crichman corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year the
Carolina Mills purchased $280,000 in supplies this year. The supplies account increased by $30,000 during the year to an ending balance of $71,000. What was supplies expense for Carolina Mills during the year?
Penguin Pucks, Inc., has current assets of $3,000, net fixed assets of $6,000, current liabilities of $900, and long-term debt of $5,000. What is the value of the shareholders equity account for this firm? How much is net working capital
buckle company produces three joint products from seaweed. at the split-off point three basic products emerge sea tea
individual mannerisms and thought processes are unique to everyone. these differences can cause harmony or dissention
Tan Company acquires a new machine (ten-year property) on January 15, 2011, at a cost of $200,000. Tan also acquires another new machine (seven-year property) on November 5, 2011, at a cost of $40,000.
abc company sold the rights to use one of their patented processes that will result in them receiving cash payments of
Hamilton Tool and Die Company purchased $72,000 of equipment with an estimated service life of 4 years. The equipment will be worth $4,000 at the end of its life. The annual amount of depreciation on this equipment is:
S. Company exchanged 400 shares of Daily Company common stock, which Herman was holding as an investment, for equipment from West Company. What journal entry should Herman make to record this exchange?
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