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What is Disclosures are required to elaborate on certain items that are presented in summarized form in the financial statements. There are specific disclosure notes that are required to be present in all financial statements, while others may be unique to the disclosure needs of a particular company. explain what information is to be included in the note of Subsequent Events.
the following info relates to pell companys construction jobswhich commenced during 2008.
evaluate the various types of foreign currency transactions based on the difficulty in accounting for each type of
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perform an internet search using the term break-even analysis. select and read a case study or article from the results
on january 1 2012 the ledger of montoya company contains the following liability accounts. accounts payable 53450 sales
a firm offers terms of 335 net 50. currently two-thirds of all customers take advantage of the trade discount the
Tracy co. owns 4,000 of the 10,000 outstanding shares of penn corp. common stock. during 2010, penn earns 120,000 and pays cash dividends of 40,000. if the beginning balance in the investment account was 240,000 the balance at december 31, 2010 sh..
Emerson produces all of its toasters in a single plant. Normal activity is 45,000 units per year. Standard overhead rates are computed based on normal activity measured in standard direct labor hour. During the year, Emerson experienced the follow..
why would a state or local government establish a capital projects fund? what type of project might be considered a
1 machinery acquired at a cost of 82500 and on which there is accumulated depreciation of 60000 including any partial
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peachtree is a software tool that allows for the electronic processing of transactions and the generation of reports.
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