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Question - For the Module 6 Discussion, your prompt is the following: Think of a business that you might want to start or be a part of the initial start-up. Would you make it into a corporation? What advantages or disadvantages would you personally experience by making it into a corporation? What are the major tax deductions that you would have for this business?
Discuss the differences in classifications of cash flows between IFRS and U.S. GAAP. Cover the differences with the classifications of contingent liabilities.
Show the entry to allocate the net income to the partners' capital accounts using the income ratio. Prepare a Statement of Partners' Equity for 2017
ou are a potential investor of Falcons Incorporated and was given the financial statements of the company for the year ended 2012 and 2013. Evaluate the financial status of the company in terms of its liquidity, solvency, structure and profitabili..
Postage expense 10.00 Lunch delivery. 14.88 Miscellaneous expense. 48.02 Please write journal entry showing petty cash fund reimbursement
You are given the following which were NOT part of the P974,000 Cash balance: How much is the correct balance of Cash
The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017. Prepare a production cost report.
The collections from customers during 2020 totaled 3.5 million pesos, excluding recoveries. What is the net realizable value of accounts receivable
Compute the division's profit margin, asset turnover, and return on investment for this year and last year
Hoyle Locking produces keys for homes and cars. Total production of 3.000,000 keys at a tatal cost of $20,000 in 2014, what is the variable cost per key
cardinal paz corp. carries an account in its general ledger called investments which contained debits for investment
What method would be most appropriate for calculating the division's return on investment (ROI)? Why? Using this method, what is ROI for the current year
Which one appears to be most advantageous for a non-owner employee of a small business and why
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