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A truck, costing 202.000$ and uninsured, is wrecked its first day in use. It can be either (a) disposed of for 35.000$ cash and replaced with a similar truck costing 207.000$ or (b) rebuilt for 179.000$ and thus be brand-new as far as operating characteristics and looks are concerned. Which action is less costly? Show your calculations
Explain why the accounting treatment is different in the general Fund and governmental activities general journals.
Explain how do stock ownership requirements for an affiliated group of corporations differ from those for a controller group? A and B Corporations become an affiliated group at the beginning of the current year.
as the manager of the marketing department you are being asked for the first time to develop a department budget. the
With a capital lease, the cost of the asset to be recorded is equal to:
cost of common equitypercy motors has a target capital structure of 40 debt and 60 common equity with no preferred
equipment purchased at the beginning of the fiscal year for 150000 is expected to have a useful life of 5 years or
Analyze the accounting needs for the business combination technique you selected. Prepare related financial statements for the date of acquisition.
What is mark to market accounting? Which stakeholder do you think will be most affected in mark to market accounting? Identify two critical accounts that will be most affected by the suspension of mark to market.
Calculation of cash received from customers and Indicate the best answer to each question in the space provided.
For each of the independent situations identified above, consider and conclude whether the entity is a reporting entity and whether it is required by the Corporations Act 2001 to prepare general purpose financial statements.
As the representative from your accounting firm or practice, you are in charge of stock market analysis that will be presented to clients as part of professional consultation process.
aldos t-shirt shop only has three costs t-shirt cost rent cost on the shop and utilities cost.aldos sells the t-shirt
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