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during 2010 anwar company earned 345000 of revenue on account and collected 320000 cash from accounts receivable anwar
identifying deferral and accrual eventsrequiredidentify each of the following events as an accrual deferral or neithera
effect of collecting accounts receivable on the accounting equation and financial statementsventure company earned 8000
the following information was drawn from the accounting records of spartan company as of december 31 2010 before the
effect of an error on financial statementson may 1 2009 tennessee corporation paid 12000 cash in advance for a one-year
net income versus changes in cashin 2010 puckett inc billed its customers 60000 for services performed the company
classifying events on the statement of cash flowsthe following transactions pertain to the operations of traci company
effect of accounting events on the income statement and statement of cash flowsrequiredexplain how each of the
the following information comes from the accounts of jersey companyaccount titlebeginning balanceending balanceaccounts
1 northern merchandising company sold inventory that cost 12000 for 20000 cash how does this event affect the
1 quality cellular co paid 80 for freight on merchandise that it had purchased for resale to customers transportationin
effect of inventory transactions on financial statements perpetual systemchris daniels started a small merchandising
determining cost of goods sold periodic systemlauras clothing co uses the periodic inventory system to account for its
basic transactions for three accounting cycles perpetual systemferguson company was started in 2008 when it acquired
determining the true cash balance starting with the unadjusted book balancesmith company had an unadjusted cash balance
adjusting the cash accountas of may 31 2010 the bank statement showed an ending balance of 18500 the unadjusted cash
clay co has considerable excess manufacturing capacity a special job orders cost sheet includes the following applied
in june bill made several purchases to accommodate his growing businessjune
accrued vacation pay a business provides its employees with varying amounts of vacation per year depending on the
ajax division of carlyle corporation produces electric motors 20 of which are sold to bradley division of carlyle and
1 what is the importance of the job ticket illustrate the flow of this document and its information from inception to
cash flows from operating investing and financing activities-direct method the following information is available from
complete balance sheet and prepare a statement of changes in retained earnings following is a statement of cash flows
complete balance sheet and prepare a statement of cash flows-indirect method following is a partially completed balance
prepare balance sheet and retained earnings statement using statement of cash flows data following are a statement of