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cash collections-direct method emily enterprises comparative balance sheets included accounts receivable of 224600 at
financial information is presented here for two companiesinstructionsa fill in the missing amounts show all
on january 1 2014 fishbone corporation sold a building that cost 250000and that had accumulated depreciation of
identification of income statement deficiencies omalley corporation was incorporated and began business on january 1
boatogooso company began operating on january 1 2003 at the end of the first year of operations boatogooso reported
sandran inc has been in operation for 3 years and uses the fifo method of pricing inventory during the fourth year
at the beginning of the year fun ships cruises line purchased a cruise ship at a cost of 55 million fun ships expects
the following is a list of costs incurred by several businessesa cost of dyes used by a clothing manufacturerb salary
crawford enterprises started the 2009 accounting period with 50000 of assets all cash 18000 of liabilities and 4000 of
kangaroo airlines in small local carrier located in the kimberly region of western australia all seats are economy
your corporation has the following stockholders equity common stock at par 750000 paid in capital in excess of par
the adjusted trial balance for martell bowling alley at december 31 2014 contains the following
presented below is the adjusted trial balance of abbey corporation at december 31 2012debitscreditscash
during the past year a company had total fixed costs of 700000 its product sold for 93 per unit variable costs during
calvin company manufactures its own subassembly units known by the code name ekrob calvin incurs the following annual
selected data taken from a recent years financial statements of trading card companynbsptopps company incnbspare as
mcdonald music sells used cds for 200 each during the month of april mcdonald music sold 21200 cds for cash and 7300
manson industries incurs unit costs of 8 5 variable and 3 fixed in making a subassembly part for its finished product a
you are considering buying a 50000 car the dealer has offered you a 136 percent loan with 30 equal monthly payments on
purchases transactionshoffman company purchased merchandise on account from a supplier for 65000 terms 110 n30 hoffman
the trial balance of the sterling company shown below does not balancesterling companytrial balancemay 31
an investor buys shares in a mutual fund for 20 per share at the end of the year the fund distributes a dividend of 058
closing entries with net incomeafter all revenue and expense accounts have been closed at the end of the fiscal year
ewald companys current stock price is 36 and its last dividend was 240 the required rate of return is 12 if dividends
colter company accumulates the following data concerning a mixed cost using units produced as the activity levelunits