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What are some examples of accelerated cost allocation methods? What is the rationale for using an accelerated method?
ferguson company purchased a depreciable asset for 100000. the estimated salvage value is 10000 and the estimated
kinkaid co. is incorporated at the beginning of this year and engages in a number of transactions. the following
byrd corporation acquired real estate that contained land building and equipment. the property cost byrd 850000. byrd
Equipment acquired under capital leases and used by activities accounted for in governmental funds should be recorded in the governmental activities accounts at the inception of the lease at:
A company allows its customers to use bank credit cards to charge purchases. When customers use the credit cards, the net amount is deposited in the company's checking account.
1.prepare journal entries without explanations for the following transactions. write no entry if none is needed.a.
the income statement and a schedule reconciling cash flows from operating activities to net income are provided below
the rogers leasing company signed an agreement to lease an asset that has a fair value of 800000 on december 312010.
Net cash flow from operations for a period was $30,000; Noncash revenues for the period were $11,000. Noncash expenses forthe period were $13,200. What was net income for the period?
bell company a manufacturer of audio systems started its production in october 2014. for the preceding 3 years bell had
what is the journal entry for this?The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?
On May 31, 2010, James Logan Company had a cash balance per books of $8,205.62. The bank statement from Farmers State Bank on that date showed a balance of $7,749.57. A comparison of the statement with the cash account revealed the following facts..
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