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firm l had net assets at the end of the year of 365000 the only transactions affecting stockholders equity during the
effects of adjustments a bookkeeper prepared the year end financial statements of giftwrap inc the income statement
alternative adjustments supplies on january 10 2013 the first day of the spring semester the cafeteria of the defiance
firm m has a margin of 9 turnover of 16 sales of 800000 and average nbspstockholders equity of 360000requiredcalculate
firm n has a current ratio of 26 and current assets of 150800requiredcalculate firm ns current liabilities and working
firm o has accounts receivable of 31000 cash of 14600 property plant and equipment of 320000 merchandise inventory of
alternative adjustments rent calco inc rents its store location rent is 3000 per month payable quarterly in advance on
make corrections and adjustments to income statement and balance sheet big blue rental corp provides rental agent
the balance in happ incs general ledger cash account was 12430 at september 30 before reconciliation the september 30
bank reconciliation adjustment refer to mini exercise 51in mini exercise 51 the balance in happ incs general ledger
at the beginning of the year accounts receivable were 144000 and the allowance for bad debts was 11500 during the year
the allowance for bad debts account had a balance of 5300 at the beginning of the year and 6100 at the end of the year
sales during the year were 500 units beginning inventory was 200 units at a cost of 5 per unit purchase 1 was 250 units
the beginning inventory was 300 units at a cost of 10 per unit goods available for sale during the year were 1300 units
bank reconciliation prepare a bank reconciliation as of august 31 from the following informationa the august 31 balance
husemann cos assets include notes receivable from customers during fiscal 2013 the amount of notes receivable averaged
mannisto inc uses the fifo inventory cost flow assumption in a year of rising costs and prices the firm reported net
transaction analysis various accounts prepare an answer sheet with the column headings shown here for each of the
compare investment alternatives two acquaintances have approached you about investing in business activities in which
prepare an answer sheet with the column headings shown here for each of the following transactions or adjustments
a friend has 5000 that has been saved from her part-time job she will need her money plus any interest earned on it in
you have accumulated 12000 and are looking for the best rate of return that can be earned over the next year a bank
a firm d has net income of 66640 sales of 2380000 and average total assets of 680000 calculate the firms margin
bank reconciliation compute cash account balance and bank statement balance before reconciling items branson co
using data from the financial statements of campbell soup company in the appendix calculatea roi for 2011 round your