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the next years budget for benny inc is given below product 1-2 sales 945000-688500 variable costs 459900-297000 fixed
a company has the budget for manufacturing overhead based on direct labor hours budgeting at 10000 direct labor hours are as follows
a sound foundation is necessary for success in any task from building a house to putting on make up in terms of us accounting standards it is
generally accepted accounting principles gaap are guidelines for companies to follow as they prepare and issue financial statemnents lets start by
the enhancing qualitative characteristic of understandability means that information should be understood bya those who are experts int eh
xyz corporation recieves 100000 from investors for issuing them shares of its stock xyzs journal entry to record this transaction would include aa
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1 a fellow student says to you the statement of cash flows is the easiest of the basic financial statements to prepare because you know the answer
the principle that 1 requires revenue to be recognized at the time it is earned 2 allows the inflow of assets associated with revenue to be in a form
for financial accounting purposes what is the total amount of product costs incurred to make 10000
this time of year we all here about football for me it is the bad news of how poorly the buffalo bills are performing hopefully your favorite team
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compare the american institute of cpas aicpa statements on tax standards ssts and the treasury department circular 230 rules to practice before the
vintage auto company manufactures parts to order for antique cars vintage auto makes everything from fenders to engine blocks each customer order is
the number of workdays varies from month to month due to the number of weekdays holidays days of vacation and sick leave taken in the month the
find a journal article online about just-in-time inventory systems in the subject line of your post include the title of the article that you read
income statement preparationthe following information is taken from the records of wadleys car wash for the year ended december 31 2012income taxes
balance sheet preparation with a missing elementthe following data are available for schubert products inc as of december 31 2012cash
balance sheet classications and relationshipsshelley and co has the following balance sheet elements as of december 31 2012land
from the information provided determine 1 the amount of retained earnings at december 31 and 2 the amount of revenues for the period additional
assume your grandparents have just given you 20000 on the condition that you invest the money in the stock market as you contemplate making your
as a potential investor what is the problem with different countries having different accounting standards as the president of a multinational
explain the respective roles of the securities and exchange commission sec and the internal revenue service irs in the setting of accounting
why is it important for financial statements and other external reports to be based on generally accepted accounting
describe the ways in which the needs of internal and external users of accounting information are the same and