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Question - On March 1, 2016, Felipe Opiso formed a partnership with Ferdinand Rodriguez and made the following contributions:
Cash P350,000
Non- Cash 100,000
At year end, Opiso received a share of P32,000 on the P80,000 profit. What is the share of Rodriquez on the partnership profit?
heartland paper company is considering the purchase of a new high-speed cutting machine. tow cutting machine
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Prepare the journal entry for the purchase on December 31, 2015 and any necessary adjusting entries relative to depreciation (use straight-line)
Blossom Company sold 8,000 Super Spreaders on July, Prepare the journal entries that Blossom should make in 2020 related to the sale and the related warranties.
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You've just been hired onto ABC Company as the corporate controller. ABC Company is a manufacturing firm that specializes in making cedar roofing and siding shingles. The company currently has annual sales of around $1.2 million, a 25% increase fr..
Fixed cost equals $146,000. Each door handle sells for $12. What are the contribution margin per unit and the contribution margin ratio for door handles
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