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Question - ABC company purchased 6,000 shares if XYZ, inc which brings the total outstanding to 20,000. XYZ, inc reports net income of $300,000 and declared and paid the dividends of $20,000. What is the net increase/decrease in the investment on ABC's books:
A. $90,000 increase
B. $6,000 decrease
C. $84,000 increase
D. $84,000 decrease
Compute the amount of raw materials used during August if $30,000 of raw materials were purchased during the month and the inventories were as follows.
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from the following accounts and amounts prepare a balance sheet for the swell company for december 31 2010. you must
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James Company uses process costing to track its costs in two sequential production departments
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On October 1, 2019, Helen Kennedy opened an advertising agency. Post the above transactions to the ledger accounts.
The debtor promises to pay the creditor a definite sum at a future date usually with interest.
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