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rondeli music center has five tvs on hand at the balance sheet date that cost 400 each the current replacement cost is
the office mart store in south beach experienced the following events during the current year1 incurred 200000 in
on january 1 2010 drennen inc issued 3 million face amount of 10-year 14 stated rate bonds when market interest rates
millworks company owns a milling machine that cost 125000 and has accumulated depreciation of 91000 prepare the entry
liability entries and adjustments listed below are selected transactions of schultz department store for the current
foxx saber resorts was organized on january 1 during the first year of operations the following plant asset
activity-based costing service company quikprint corporation owns a small printing press that prints leaflets brochures
depreciation by three methods partial yearsperdue company purchased equipment on april 1 2012 for 270000 the equipment
apachi company ended its fiscal year on july 31 2011 the companys adjusted trial balance as of the end of its fiscal
pat corporation paid 5000000 for saw corporations voting common stock on january 2 2011 and saw was dissolved the
arif corporation sold 400000 of 12 percent 10-year bonds at face value on september 1 2011 the issue date of the bonds
harding financial services company holds a large portfolio of debt and stock securities as an investment the total fair
the following trial balance was prepared for village cycle sales and service on december 31 2013 after the closing
bargains company purchases 20000 of equipment on january 1 2013 the equipment is expected to last five years and be
on january 1 2010 smith inc has the following balances for accounts receivable and allowance for doubtful
messer company had retained earnings at the beginning of the current year of 590000 during the year the following
profits versus cash flow butterfly tractors had 14 million in sales last year cost of goods sold was s8 million
several months ago welker chemical company experienced a hazardous materials spill at one of its plants as a result the
harold and wanda married filing jointly have 30000 ordinary income after the standard deduction and personal exemptions
muller corp pays its employees monthly the payroll information listed below is for january 2013 the first month of
consolidated balance sheet workpaperon january 1 2011 perry company purchased 8000 shares of soho companys common stock
cost allocation to divisions lenzig corporation has three divisions pulp paper and fibers lenzigs new controller ari
galatia products inc has just purchased a small company that specializes in the manufacturing of electronic tuners that
accounting for a bond investment purchased at a discount financial institutions hold large quantities of bond
carla quentin started her own consulting firm quentin consulting on may 1 2012 the following transactions occurred