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craig fisher started a lawn service called craigs quick cut to earn money over the summer months fisher has decided to
cedar key company produces handmade clamming buckets and sells them to distributors along the gulf coast of florida the
hamburgers and more inc sells hamburgers drinks and fries the sales mix is 132 ie for every one hamburger sold three
classifying events as asset source use or exchangethe following unrelated events are typical of those experienced by
in be2-2 boeings current assets consisted primarily of cash and short-term investments of 93 billion accounts
laymon boat companys bank statement for the month of september showed a balance per bank of 7000 the companys cash
vat company acquired a 30 percent interest in the voting stock of zel company for 331000 on january 1 2011 when zels
on january 1 kwun corporation purchased a 25 equity in connors corporation for 180000 at december 31 connors declared
arisael company issued 20-year 750000 bonds with a stated rate of interest of 9 compounded semiannually the effective
dan majerle company sells 10 bonds having a maturity value of 2000000 for 1855816 the bonds are dated january 1 2008
colt electronics issues an 600000 8 10-year mortgage note on december 31 2010 to help finance a plant expansion program
kinzie co sold 3000000 9 5-year bonds on january 1 2010 the bonds were dated january 1 2010 and pay interest on january
mcgregor company had 300000 in callable bonds in the open market the companys bonds were selling in the open market at
matt ryan corporation is interested in building its own soda can manufacturing plant adjacent to its existing plant in
freedom co purchased a new machine on july 2 2010 at a total installed cost of 44000 the machine has an estimated life
furniturecom uses automated shipping equipment assume that early in year 1 furniture purchased equipment at a cost of
edmund company exchanges old delivery equipment for new delivery equipment the book value of the old delivery equipment
determining the internal rate of return irving manufacturing company has an opportunity to purchase some
when changing the estimate of the useful life of an asset should depreciation expense for all the previous years be
wright manufacturing co acquired 20 similar machines at the beginning of 2006 for a total cost of 75000 the machines
bright ltd was registered with a share capital of rs1000000 in equity shares of rs10 each the company acquired factory
at december 31 2012 the trading securities for oglesbee inc are as followsinstructionsa prepare the adjusting entry at
darlene cook company engaged in the following transactions during the month of julyjuly 1 acquired land for 10000 the
finley corporation had income from continuing operations of 10600000 in 2012 during 2012 it disposed of its restaurant
mcgrath co on june 30 2011 reported a retained earnings balance of 1475000 before closing the books the books of the