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Problem - Communications, Finch Construction Company provides the carpenters it employs with all of the required tools. However, the company believes that this practice has led to some employees not taking care of the tools and to the mysterious disappearance of some tools. The company is considering requiring all of its employees to provide their own tools. Each employee's salary would be increased by $1,500 to compensate for the additional cost. Write a letter to Finch's management explaining the tax consequences of this plan to the carpenters. Finch's address is 300 Harbor Drive, Vermillion, SD 57069.
Additional costs include a $15,300 fee to a broker, a survey fee of $2,400, $1,750 to construct a fence, and a legal fee of $8,500. What is the cost of the land
Prepare the journal entries that Smart Solutions Inc. would record for the above transactions. Dec. 31 Accrued interest on the note
Record the revenue earned for the first concert date of November 5, assuming it represents one fourth of the advance ticket sales.
Required: Assuming that these two companies retained their separate legal identities, prepare a consolidation worksheet as of December 31, 2009.
Does the taxpayer recognize gross income in the following situations - Scott is an executive for an international corporation located in New York City
You have been asked by the CEO of your company to give a presentation to the students at a local college. You were specifically asked to discuss the role of an accountant. In a presentation of 500-700 words, discuss the following:
disk productions needs to know its anticipated cash inflows for the next quarter by month. cash sales are 10 percent of
How many units will you need to be able to sell to obtain the same amount of profit (ignoring other costs)
Describe Deloittes accounting information system, discuss the purpose of the accounting information system
Prepare journal entries for the following transactions using your choice of costing method (i.e. either FIFO, LIFO, or Weighted Average).
Part 1 of the assessment is a good test of your critical thinking skills as you apply them to the components of the accounting cycle, in particular the basic.
What is the financial advantage (disadvantage) if Birch closes its own plant for two months? Should Birch close the plant for two months
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