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financial accounting is fairly heavily regulated in australia there are numerous corporations act requirements and there are many accounting
long term investments - adjusted to market and equity methodson january 1 2010 cavalier corporation purchased 8 percent of the voting stock of onion
recording a bond issue and interestnora corporation issued 85 five year bonds with a face value of 8000000 on march 1 2010 at 96 the semiannual
the following data are available for sellco for the fiscal year ended on january 31 2011sales 1600 unitsbeginning
alternative financing plansfly co is considering the following alternative financing plansincome tax is estimated at 40 of incomedetermine the
common stock transactions and stockholders equityon march 1 2010 blank company began operation with a corporate charter authorizing 50000 shares of 4
1 marvin corp a publicly accountable entity sold new production equipment to terrell inc marvin corp has agreed to provide financing to terrell inc
an engagement team has been established to audit yuh corporation yuh corporation engages in risking hedge fund investments in commodities gold and
the scq corporation manufactures specialty medical tools ranging from 10000 to15000 per unit the tools are used in hospitals clinics and the home
during 2012 the following events took place for a small distribution company you are required to prepare the accounting entries for each event by-
ajack partnership manufactures jackhammers ajack partnership is looking for guidance in the variances of its standard cost system it would like you
larkspur corp manufactures bird feeders it currently has two product lines the standard and the deluxe larkspur has a total of 184060 in overheadthe
pension expense journal entries latoya company provides the following selected information related to its defined-benefit pension plan for 2010a
why are noncash transactions such as the exchange of common stock a building included on a statement of cash flows how are these noncash transactions
martha and jones have capital balances on january 1 of 50000 and 40000 respectively the partnership income-sharing agreement provides for1 annual
barney betty and rubble are partners in a business that is in the process of liquidation on january 1 2011 the ledger accounts show the balances
presented below are a number of business transactions that occurred during the current year for gonzales inc instructions in each of the situations
you are the financial controller of dd which currently prepares financial statements in accordance with local gaap your finance director has been in
a publicly traded corporation has a defined benefit pension plan in place for its employees under generally accepted accounting principles
paula purchased a bakery from gianni fiorithe purchase agreement included a provison that required paula to pay gianni 25 percent of the bakerys
financial statement effects of fifo and lifo the management of tritt company has asked its accounting department to describe the effect upon the
problem number1 show the effect on the accounting equation of the following events for the april companyexample investors purchased common stock in
inventory errors the net income per books of adamson company was determined without knowledge of the errors indicated below prepare a work sheet to
venezuela co is building a new hockey arena at a cost of 2500000 it received a down payment of 500000 from local businesses to support the project
peppel corporation acquired a newly constructed oil platform as well as the licence to extract oilfrom an offshore oilfield in the gulf of mexico for