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Question: Write 500 words for each questions.
Codification: 1) Refer to FASB 162 (the hierarchy of accounting information). Why is this hierarchy important, and how can it be applied to conducting research?
Business research: 2) In the AICPA's website, find a recent news article. Describe the article's impact on accounting research to the class.
Develop and examine conflicting perspectives based on your chosen article. Write your comments to share and invite others to participate with their views.
The new lease standard requires that leases will be included on the Balance Sheet. There is an exemption to this new rule. What obligations will be exempt from inclusion on the Balance Sheet?
Able Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Commerce Bank or Aztec.
What is a current asset? What is a noncurrent asset? What is the difference between the two types of assets? In which financial statement would you find these assets?
Determine the effect on net income and earnings per share for these two methods of financing
1. geitner sports inc. manufactures and sells two products baseball bats and baseball gloves. the fixed costs are
a companys fixed operating costs are 480000 its variable costs are 3.85 per unit and the products sales price is 4.30.
Preparing a distribution of net income statement and owners' equity statement (unequal distribution of net loss; additional investment).
Evaluate the pros and cons of using off-balance-sheet financing, including a recommendation as to whether or not you support using these types of arrangements.
When government funds reimburse one another, the expenditure of the fund paying for the cost is increased and the expenditure of the fund reimbursed is decreased.
SS Corporation is an S Corporation. SS has always been an S corporation
what is the difference between the cash basis of accounting and the accrual basis of accounting? which one would you
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