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as you learned in this weeks reading account receivables record bad debts or other promises to pay by debtors porter
ames company reported 2012 net income of 151820 during 2012 accounts receivable increased by 13280 and accounts payable
state and local governments use proprietary funds to account for particular government operated activities discuss
barnes air conditioning inc has two classes of preferred stock floating rate preferred stock and straight normal
please describe the various approaches required by current gaap standards for reporting changes in accounting
patterson company is a large diversified business with a unit that sells commercial real estate as a company patterson
allocating joint costs and costs of byproducts allows managers to examine cost and profitability associated with each
at the beginning of 2012 ez tech companyrsquos accounts receivable balance was 140000 and the balance in allowance for
a private company that designs manufactures and distributes certain consumer products in this fiscal year detox had
your preliminary assessment of control risk over cash disbursements is low you base this assessment on the requirements
video planet vp sells a big screen tv package consisting of a 60-inch plasma tv a universal remote and on-site
an auditors purpose in auditing the information contained in the pension footnote most likely is to obtain evidence
which items must be depreciated on the business books of the company you wokr fora your personal computer you use at
equivalent units for materials total 30000 there were 24000 units completed and transferred out equivalent units for
which of the following audit procedures would an auditor most likely perform to test controls relating to managements
during an audit of an entitys stockholders equity accounts the auditor determines whether there are restrictions on
which of the following would be a step in an internal control programread sales contracts for evidence of customers
emily enterprises comparative balance sheets included accounts receivable of 224600 at december 31 2013 and 205700 at
the confirmation of a cash balance provides primary evidence regarding which management
clayton inc purchased 30 of the outstanding common stock of austin industries on january 1 2014 for 180000 austin
comparing data on separate files can be accomplished by using computer-assisted audit techniques caats to determine
copper inc accounts for its investment in ridge corporation using the fair value method copper bought 3000 shares 5 of
pacific company bought 35 of the outstanding common stock of atlantic inc on january 1 2014 for 400000 atlantic
adam corporation purchased 3000 shares of ozark companys common stock for 12 per share as a long-term