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the net income reported on the income statement for the year was 55000 and depreciation of fixed assets for the year
omni corporations accumulated depreciation increased by 12000 while patents decreased by 3400 between balance sheet
victor corporations comparative balance sheet for current assets and liabilities was as followsnbspdec 31 2009dec 31
zale corporations accumulated depreciation-equipment increased by 8000 while patents decreased by 5200 between balance
nordic corporations accumulated depreciation-furniture increased by 3500 while patents decreased by 1800 between
1 a corporation issued 4000000 of 20-year bonds for cash at 105 how would the transaction be reported on the statement
the income statement disclosed the following items for 2008depreciation expense 24500gain on disposal of
an analysis of the general ledger accounts indicates that office equipment which cost 60000 and on which accumulated
sage corporations comparative balance sheet for current assets and liabilities was as followsnbspdec 31 2008dec 31
lanier corporations comparative balance sheet for current assets and liabilities was as followsnbspdec 31 2008dec 31
1 gamma corporation purchased land for 200000 later in the year the company sold land with a book value of 105000 for
1 sales reported on the income statement were 58400 the accounts receivable balance decreased 2100 over the year
selected data derived from the income statement and balance sheet of jones soda co for a recent year are as
emerald golf inc reported a net cash flow from operating activities of 86700 on its statement of cash flows for the
the comparative balance sheet of alliance structures inc for december 31 2008 and 2007 is as followscash 90 23accounts
calculating breakeven point for two products margin of safety the contribution margin income statement of delectable
1 holt company purchased a computer for 8000 on january 1 2011 straight-line depreciation is used based on a 5-year
everly corporation acquires a coal mine at a cost of 400000 intangible development costs total 100000 after extraction
computing breakeven point in sales units story park competes with splash world by providing a variety of rides story
purchase commitments prater company has been having difficulty obtaining key raw materials for its manufacturing
a fire destroys all of the merchandise of assante company on february 10 2012 presented below is information compiled
gross profit method eastman company lost most of its inventory in a fire in december just before the year-end physical
during 2014 paola corporation reported net sales of 3500000 and net income of 1500000 its balance sheet reported
betancourt company sells automatic can openers under a 75-day warranty for defective merchandise based on past
calculation of amount of depreciation under slma machine was purchased for rs 96000 expenses incurred on its cartage