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1stewart receives a 20000 payment three years in advance of a scheduled appearance as a graduation speaker at a major
fit amp slim is a health club that offers members various gym services famps accounts reportsrequired1 assume famps
advanced auditing and assurance servicescourseproject overviewall students will be expected to complete a course
consider each of the following scenarios separately assuming the company accounts for the arrangementscenario 1 crown
on january 1 revis consulting enters into a contract to complete a cost reduction program for green financial over a
velocity consulting firm enters into a contract to help burger boy a fast nbspfood restaurant design a marketing
1on december 31 2013 interlink communications issued 6 stated rate bonds with a face amount of 100 million the bonds
1on september 30 2013 ferguson imports leased a warehouse terms of the lease require ferguson to make 10 annual lease
1determine the combined present value as of december 31 2013 of the following four payments to be received at the end
1on september 30 2013 the san fillipo corporation issued 8 stated rate bonds with a face amount of 300 million the
1on june 30 2013 singleton computers issued 6 stated rate bonds with a face amount of 200 million the bonds mature on
1on june 30 2013 fly nbspby nbspnight airlines leased a jumbo jet from boeing corporation the terms of the lease
1on march 31 2013 southwest gas leased equipment from a supplier and agreed to pay 200000 annually for 20 years
1on january 1 2013 the montgomery company agreed to purchase a building by making six payments the first three are to
1on january 1 2013 the barrett company purchased merchandise from a supplier payment was a noninterestbearing note
on the last day of its fiscal year ending december 31 2013 the sedgwick amp reams sampr glass company completed two
1delta airlines provides scheduled air transportation services in the united states like many airlines delta leases
1during 2013 its first year of operations hollis industries recorded sales of 10600000 and experienced returns of
1on december 1 2013 davenport company sold merchandise to a customer for 20000 in payment for the merchandise the
1harwell company manufactures automobile tires on july 15 2013 the company sold 1000 tires to the nixon car company for
1this is a variation of exercise 7-6 modified to focus on the net method of accounting for cash discounts harwell
general mills reported the following information in its 2011 financial statements in millionsa note disclosed that the
1on june 30 2013 the esquire company sold some merchandise to a customer for 30000 in payment esquire agreed to accept
1this is a variation of exercise 7-14 modified to focus on a noninterest bearing note on june 30 2013 the esquire
1on june 30 2013 the high five surfboard company had outstanding accounts receivable of 600000 onjuly 1 2013 the