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under the periodic method inventory is just counted at the end of the year under the perpetual method inventory is
in your own words explain the difference between temporary and permanent accounts give an example of each where do they
after reading the suggested chapters for this week review the balance sheet of a large publicly traded company and
sumter pumps corporation a manufacturer of industrial pumps reports the following results for the year ended january 31
on 1114 abc corporation signed a 5-year noncancelable lease for a delivery vehicle the terms of the lease called for
service department chargesthe centralized employee travel department of camtro company has expenses of 528000 the
1 which of the following statements best describes the possible impact a social audit can have on company costsa there
an investment trust fund should be used whena a government manages investments for multiple internal participantsb a
profit margin investment turnover and roi cash company has income from operations of 112500 invested assets of 750000
your companys summarized financial information for the beginning and projected end of the current year is as follows
on january 1 2013 drennen inc issued 26 million face amount of 7-year 18 stated rate bonds when market interest rates
the gasb has the responsibility for establishing financial accounting standards for all of the following entities
on january 1 a company issues bonds dated january 1 with a par value of 380000 the bonds mature in 5 years the contract
recording transactions in the month of march cd goose inc entered into following transactionsmar 2 brought a new
on dec 31 company needed to record its accrued wages for yr end if dec 31 is a wednesday then company must account for
jurvin enterprises recorded the following transactions for the just completed month the company had no beginning
on january 1 prine inc acquired 100 percent of lydia companyrsquos common stock for a fair value of 121526000 in cash
a balance of 49900 in the vacation benefits payable account during month employees earned an additional 3110 in
pay rate is 1970 per hour with an overtime rate of 15 times for hours over 40 in a workweek he worked 44 hours
suppose that you are a sales representative for a major office supply business and that you get paid a commission plus
the clydesdale company has sales of 4500000 it also has invested assets of 2000000 and operating expenses of 3600000
budgetary performance for cost center caroline companys costs were over budget by 319000 the company is divided into
base line inc makes tennis balls the company can produce up to 500000 cans of balls per year current annual production
on january 2 2015 henry cabot and lodge formed a three-person equal partnership with henry and cabot each contributing
under the check-the-box regulations a corporation incorporated under the law of any state cana elect to be taxed as a