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You purchased a stock as an available for sale investment for $10,000 in January of 2013. The stock increases in value to $12,000 by the end of 2013. In 2014, you sell the stock for $11,500 What entries are necessary and how would you record them?
sm press company manufactures books. the company is trying to decide whether to print the individual pages in-house the
If sales were overstated by recording a false credit sale at the end of the year, where could you find the false "dangling debit"?
at the beginning of the period the cutting department budgeted direct labor of 134959 direct material of 155696 and
if a product sells for 10 variable costs are 6 and fixed costs are 160000 what would total sales have to be in order to
Purchase orders, and sales invoices are not pre-numbered due to the higher cost of printing the forms.
what is an example of a potentially unethical accounting situation? why is the situation unethical? what is meant by
The process of writing off an intangible asset is
An introduction to internal controls, explaining in your own words the two primary goals of internal control. A description of how the Sarbanes-Oxley Act of 2002 has affected internal controls
a 10-year 1000 face value bond sells for 925 and has an 8 annual coupon rate. what is the bonds current yield? what is
Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $17M, and production and sales will require an initial $5M investment in NOWC. The company's tax rate is 40%.
Prepare the entry to record issuance of the bonds at par under GAAP. Which approach provides the better accounting? Explain
during the fiscal year ended 2010 a company has revenue of 500000 expenses 360000 and an income tax rate of 35 what was
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