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Question - During the year, Alpha's operating expenses (not included depreciation) were $90000 of which $20000 cash was pad Alpha also had cash sales of $75000 and a credit sales of $65000. In addition, Alpha purchased a truck on the first day of the current year for $30000 cash that was expected to have a useful life of 5 years and no salvage value (straight line depreciation). What was Alphas' accrual basis and cash basis net income. (Ignore income tax).
Shepler Boot Company makes specialty boots for the rodeo circuit. Determine the unit and dollar amounts of raw materials inventory in heels
In budgetary accounting, what is the net effect of receiving all the items ordered together with an invoice for an amount less than the amount encumbered Which of the following accounts of a governmental unit is debited when a purchase order is ap..
Regular, periodic investments in a security without regard to price is:
Jake and Ness are partners who agree that Jake will receive a $60,000 salary allowance and that any remaining income or loss will be shared equally.
Compute the Book value per share, Return on common stock equity and Earnings per share (ignore Avg for balance sheet accounts)
prepare a forecasted income statement for apple for years 2014 - 2018. use the apple 10-k as of september 28 2013 as
What was the cost of the 2,660 units in process at the end of the period if the first-in, first-out method is used to cost inventories
Individual Assignment 1 Below are th etransactions of Neel's Grocery Store for the month of October, 2016. You are required to post these transactions.
consider the following information on wellington power co.debt 4000 7 semiannual coupon bonds outstanding 1000 par
Forecast the mileage for next year using a2-year moving average. Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 2,900miles.
Costs incurred to transport the cattle to auction are $1500 per truck. The market value for each cow at 30 June 2018 is
major instrument inc. manufactures two products missile range instruments and space pressure gauges. during april 45
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