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Question - On June 30, 20x9 the BB Wolf Company sold for $9,000 machinery that was purchased for $20,000 on January 1, 20x5. The balance in Accumulated Depreciation was $8,000 as of December 31, 20x8. Assume BB used straight-line depreciation, a ten year life, and no salvage value. What are the necessary journal entries to record the sale?
A profitable business venture promises to pay investors a monthly cash return of $1,900 for the next seven years. Having studies other investment alternatives.
balfour corporation acquired 100 of tobac inc. a foreign corporation for 33000000 fc. the acquisition which was
On January 3, 2014, Tom's Excavating Company purchased a bulldozer for $120,000. Compute the cost of the asset
Your friend, Wendy Geiger, owns a small retail store that sells canies and nuts. Geiger acquires her goods from a few select vendors. She generally makes purchase orders by phone and on credit. Sales are primarily for cash. Geiger keeps her own ma..
Flanagin uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest July 1 and January 1.
Complete a ratio analysis for that company's last year's financial data. At a minimum, list and discuss the company performance vs. its industry average.
Northern Company's actual manufacturing overhead is $2,500,000. Overhead is allocated on the basis of direct labor hours. The direct labor hours were 25,000 for the period. What is the manufacturing overhead rate?
Evaluate the effectiveness of the current quality control standards and practices in the accounting profession. Next, identify at least one (1) standard.
What is the final amount of the loan payable that Duck will show on its books, in dollars, just before it repays the loan
the study of advanced cost accounting focuses on the significance of examining and managing costs activity-based
the dunder mifflin company has total assets of 247848000 current liabilities of 68208200 and long-term liabilities
in quickbooks if you set up a new company file using the express start method which journal entries would you normally
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