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Question: Felix Company recently sold some used furniture for $4,000 cash. The furniture cost $20,000 and had accumulated depreciation through the date of sale totaling $17,000. What is the journal entry to record the sale of furniture?
Compile detailed report on nature of an excess, how it should be accounted for and effects of its reconigition on subsequent consolidated financial statements
A company reported the following data: Sales price per unit: $10. How many units must this company sell each month in order to reach a target profit of $50,000
what is impairment of operational assets? how do we determine whether an impairment exists? how do we calculate the
Annual lease payment due at the beginning of each year, beginning with May 1, 2014 - $20,020.26. Prepare a lease amortization schedule for Rode Company
Create an income statement for the company in good format. Always include the name of the company and the period covered in the title.
How much was the actual cash settlement to the employees upon exercise of the share appreciation rights when the share market price is P195
The customer has a deposit of $25,000 and requires loan of $50,000. What information would you provide to the customer
LO.2 Joe is a graduate student who works as a resident adviser (RA) in the college dormitory. As compensation for serving as an RA, he is not charged the $2,200 other students pay for their dormitory rooms for the fall 2012 semester
as of december 31 2013 post company had 156000 cash notes payable of 85600 and common stock of 52400. in 2014 post
Prepare the journal entry to record the accrual of interest and the amortization of the premium on December 31, 2015
Problem - The selling price of one US dollar is Php. 50.00. What is the expected selling price of a US dollar in Philippine peso after three days
Chicago Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests. The demand is normally distributed with a std. deviation of 100 towels per day
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