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You have been asked to comment on the accounting treatment for various transactions that you recorded or prepared for the financial statements by citing the appropriate section of the FASB ASC.Explain how the ASC applies to your decision for the following transactions and how you have recorded them.
1. The inventory at your company consists of computer software that the company has developed and is selling. You capitalized the cost of duplicating the software, the instruction manuals, and training material that are sold with the software.
On January 1, 2010, Andrea purchased a 20-year annuity for $160,000 from LUKE LIBERTY (an established insurance company). Under the annuity, Andrea will receive payments of $1,480 for each month of annuity's life. How much of the annuity payments ..
1. what proposals would you make for alternatives to punishments? would these alternatives work in your community?
1. discuss the advantages and disadvantages associated with the decision to implement the new system using the big bang
Identify three potential users and design a subschema for each. Justify your design by explaining why each user needs access to that data element.
max a cash basis taxpayer had 2100 in state income taxes withheld from his paychecks during the current year. in april
What tax years are available to corporations? How do the options differ from other forms of business organizations?
Develop recommendations and conclusions and state them and their rationale. Using and building on the previous information (provided by you) to answer the above from multiple sources and present that data in one to two pages (12-point font, do..
toying with nature wants to take advantage of childrens current fascination with dinosaurs by adding several
Assume that revenue is to be recieved at each year end. and the machine has a useful life of three years with zero salvage value. Management requires a 12% return on its investments. what is the net present value of this machine?
over the past few years microsoft founder bill gatess net worth has fluctuated between 20 billion and 130 billion. in
elliot page inc. manufactures and sells two products backpacks and purses. annual sales in units of each labor time per
the controller of dash shoes inc. instructs you to prepare a monthly cash budget for the next three months. you are
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