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Question -
A) Jalisco Inc. net credit sales of $75,000 and estimates that bad debts are approximately 3% of net credit sales. The yearend balance in accounts receivable is $200,000 and $2,000 of accounts receivable were written off. What is the bad debt expense journal entry?
B) Paid $500,000 in dividends. What is the journal entry?
C) Provided $50,000 worth of nike shoes inventory to customers. They paid $30,000 in cash and promised to pay the remaining $40,000. What is the journal entry?
In this assignment, use the information above to develop a comprehensive analysis using NPV, Payback Method, and IRR to develop a recommendation on replacing.
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Crespo Company has 160,000 pounds of raw materials on hand January 1st. How many pounds of raw materials should be purchased in January
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variable costs per unit in 2009 will be the same as variable costsper unit in 2008.bull plant rental and equipment
rizio co. purchases a machine for 12500 terms 210 n60 fob shipping point. the seller prepaid the 360 freight charges
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During the quarter ended 3/31/2015, Clarke Biscuits Inc. collected $100 of cash from customers, paid $60 of cash to suppliers, paid $30 of cash to employees and other creditors, and recorded a $5 loss on sale of equipment. What was Clarke's Cash F..
Prepare journal entries (1, 2, and 4) and show proper disclosure (3) to reflect the following treasury stock transactions showing how each is accounted for under the cost method. (Show computations.)
How they are used in operations and decision making,
grill works and more has 7 percent preferred stock outstanding that is currently selling for 49 a share. the market
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