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the osborn construction company began operations january 2 2007 during the year osborn entered into a contract with
aging accounts receivable - on september 30 2007 the end of its fiscal year the lufkin corporation reported accounts
august 2010 inventory and cost data for petersham company are as followsdirect labor182400direct material
the trial balance of dealers choice wholesale company contained the accounts shown at december 31 the end of the
you want to lease a set of golf clubs from pings ltd the lease contract is in the form of 24 equal monthly payments at
fran who is in the 35 tax bracket recently collected 100000 on a life insurance policy she carried on her father she
you have just been hired as a consultant to tangier industries a newly formed company the company president john meeks
entries related to uncollectible accountsthe following transactions were completed by the irvine company during the
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the 2012 income statement of wasmeier corporation showed net income of 480000 and an extraordinary loss of 120000
the accounting records of schmitt co show the following assets and liabilities as of december 31 2010 and 2011december
steve prince and chelsy bernard formed a partnership dividing income as follows1 annual salary allowance to prince of
cannon bly is a sales manager for an automobile dealership he earns a bonus each year based on revenue from the number
rhetorix inc produces stereo speakers the selling price per pair of speakers is 900 the variable cost of production is
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1 the one-year interest rate over the next 10 years will be 3 45 6 75 9 105 13 145 16 and 175 using the expectations
on january 1 2013 applied technologies corporation atc issued 500000 in bonds that mature in 10 years the bonds have a
shown on the next page are the financial statements of klemmer companyklemmer companynbspcomparative balance
at december 31 2008 sycamore international foods reported the following information on its balance sheetduring 2009 the
garcia company uses the weighted average method is its costing system for the month of may in the assembly department
during 2008 the accountant discovered that the physical inventory at the end of 2007 had been understated by 8175
rondeli music center has five tvs on hand at the balance sheet date that cost 400 each the current replacement cost is
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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