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interstate manufacturing produces brass fasteners and incurred the following costs for the year just ended materials and supplies used brass
the costs that follow were extracted from the accounting records of various different manufacturers1 weekly wages of an equipment
prepare journal entries to record the issuance of 100000 shares of common stock at 20 per share for each of the following independent cases given
prepare a financial statement from alphabetic listing of accountsa number of accounts balances are listed below these accounts relate to keenal real
prepare an income statement and statement of owners equity month ended mar31 1995auto remair fee earned
the city of miami must replace a number of its concrete mixer trucks with new trucks it has received two bids and has evaluated closely the
in order to enhance sales from their present annual 35 million abc company a retailer is considering more liberal credit standards presently the firm
a small airline company called mancunian airways ma is considering purchasing a new jet which will be used solely on the new route manchester paris
an entity had the following transactions during the year ended 31 december 2010 the entity invested in a convertible bond on its issue date the bond
on 1 january 2009 a company yeti granted an employee the right to choose between i 30000 yeti shares or ii a cash-payment equivalent to the price of
a company purchased 16 million shares representing an 80 controlling interest in another company on 1 july 2010 the terms of the purchase were as
a parent has had a controlling interest of 60 in its subsidiary for a number of yearsbelow are financial statement extracts of the two companies for
an item of plant was purchased for 100000 on 1 january 2009 at that time its estimated residual value was 5000 at 31 december 2009 prices the
rsc designs quarterly selling and distribution expenses are 100000 including 10000 depreciation and are expected to be paid in the quarter
emily jackson rsc designs management accountant is in charge of preparing the master budget for 2013 she has gathered the following information1
in response to a question about financing the acquisition james replied the production equipment will cost 950000 we will also need to purchase
a dell computers sell 100 pcs at rs42000 the variable expenses amount to rs28000 per pc the total fixed expenses is rs1400000 prepare an income
show the rectification entries for the show the rectification entries for the
prove that accounting equation is satisfied in all the following transactions of mrx1 commenced business with cash -
the objective of this project is to demonstrate the effect of releasing accounting information concerning profits on the valuation ie share price of
seattle health plans currently uses zero debt financing its operating income ebit 1 million and it pays taxes at a 40 percent rate it has 5
consider a not-for-profit hospital faced with a familiar choice to open or not to open an emergency center in a new suburban hospital shopping
allied managed care company is evaluating two different computer systems for handling provider claimsthere are no incremental revenues attached to
the managers of merton medical clinic are analyzing a proposed project the projects most likely npv is 120000 but as evidenced by the following
morningside nursing home a not-for-profit corporation is estimating its corporate cost of capital its tax-exempt debt currently requires an