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Question - IDENTITY THEFT LIABILITY - With the recent hacking of Equifax, identity theft is on the rise. It is more important than ever to make sure that you constantly monitor your accounts for any suspicious charges or changes to your accounts. Every bank, credit card company or financial institution report to at least one of the 3 credit bureaus, Equifax, Experian, TransUnion. What is the time limit and monetary liability that you have, if you are a victim of:
a) Banking fraud?
b) Credit fraud?
Tropic Resources, Inc. reports net sales of $1,500,000; a gross profit of $650,000; and net income of $90,000. What is the company's cost of goods sold?
The accounting records of Shinault Inc. show the following data for 2014. 1. Life insurance expense on officers was $8,400. 2. Equipment was acquired in early January for $341,100. Straight-line depreciation over a 5-year life is used, with no salvag..
Tom is the trustee of the Generous Trust. The trust agreement directs the trustee to pay all net fiduciary accounting at least annually to Ms. Behaven. During 2013 the trust earned $10,000 of net fiduciary accounting income, consisting of taxable bon..
Prepare journal entries for the following transactions for July 2020. Explanations are not required. If there is no entry required, write "no entry required".
What qualitative factors would you advise a tenant to consider when choosing between the two leases/premises that would not be considered
Determine of company's net operating income and quantitative accounting analysis.
Calculate the price of a zero-coupon bond that matures in 12 years if the market interest rate is 5.90 percent. Assume semiannual compounding.
Prepare an income statement for the year ended 30th June 2014 given the following account balances. Note: Some accounts may not be relevant.
How much is the non-current portion of the note on December 31, 2018? Karen Company sold an office equipment with a cost of Php 1,000,000
Calculate the amount will likely have at retirement and to evaluate the feasibility of the assumptions made for plan. If develop a retirement planning scenario
Why are separate "expense" and "revenue" accounts used when all revenues and expenses could be shown directly in the retained earnings account? Discuss two limitations of financial statement analysis and discuss each limitation. In your initial respo..
Calculate the company's predetermined overhead application rate. Calculate the additions to the work-in-process inventory account for the direct material used, direct labor, and manufacturing overhead.
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