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Question - On May 1, 2017, Pinkley Company sells office furniture for $300,000 cash. The office furniture originally cost $750,000 when purchased on January 1, 2010. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $75,000. What gain should be recognized on the sale?
you are an accountant in a medium-sized manufacturing company. you have been asked to mentor an accounting clerk who is
actual fixed overhead for a company during march was 77612. the flexible budget for fixed overhead this period is 78000
What effect would accepting this order have on the company's net operating income if a special price of Rs. 349.95 is offered per bracelet for this order? Should the special order be accepted at this price?
The ethical standards of accounting practices to analyze the situation
Refer to the information in QS and prepare the journal entry assuming the note is honored by the customer on October 31, 2011.
dentify depreciation methods used Moyle Co. acquired a machine on January 1, 2013, at a cost of $800,000. The machine is expected to have a five year useful life, with a salvage value of $50,000.
The Audit Report and Internal Control Evaluation. This paper should be posted as a Microsoft Word attachment in the Assignment Section and should adhere to APA formatting style.
Based on your calculations in part (a), comment on the relative effectiveness of the two companies in using their assets to generate sales and produce net income.
What is the monthly debt service payment on Marco's loan if Enrique lends him $15,000 for four years at 8% interest?
Prepare the 2014 Form 1040 and all other required Federal forms and schedules for Brett Simons. The returns should be prepared taking the maximum tax benefit allowable into consideration. Round all amounts to whole dollars.
cafe ole company acquired a fast-food restaurant for 150000. the fair market values of the assets acquired were as
Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2011 balance sheet.
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