What are examples of irregular items
1. What are examples of irregular items?
2. How does a change in accounting principles affect the financial statements?
3. Who in the organization is responsible for the application of a change in an accounting principle? Why?
Expected delivery within 24 Hours
For each of the followig separate cases prepare adjusting entries required of financial statements for the year ended (date of) December 31, 2013.
You are the CFO of a bank which has three options for purchasing a piece of land. First, you can pay $200,000 today. Second, you can pay $24,000.
On January 1, 2011, a company issued 1,000,000, of 5 year, 12% bonds at an effective interest rate of 13% , receiving cash of 964,060. Intrest on the bonds is payable semiannually on June 30 and December 31.
Determine the balance in accounts payable Spratt will report on the end-of-quarter pro forma balance sheet. (Round your intermediate calculations and final answers to the nearest dollar amount.Omit the "$" sign in your response.)
Who in the organization is responsible for the application of a change in an accounting principle? Why?How does a change in accounting principles affect the financial statements?
Please explain how the semiannual cash interest payment and the semiannual interest expense are calculated using the effective interest method. Which amount changes with every payment? Which amount stays constant?
In your interpretation, how has the U.S. Supreme Court dealt with this issue? Explain. In your own words, how does a federal republic function? Does the majority rule? Explain in detail.
What are the two additional criteria for the lessor in a capital lease? How many of these criteria does the lease need to meet to be a capital lease? What happens if these criteria are not met?
The Aliena Corporation buys automotive equipment for $1,800 and sells it for $2,500; the company has the following sales forecast: 100 units for October.
1929689
Questions Asked
3,689
Active Tutors
1437269
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Develop a presentation on the socialization process and personality.
How is it determined that a sexual behavior may be due to a psychological disorder or sexual dysfunction?
Assignment Task: What is the importance of a literature review and what should you avoid when conducting a literature review?
List five potential asthma triggers. Discuss what schools and families can do to reduce the incidence of asthma attacks.
Identify one example of an endoscopy procedure performed. Explain what type of symptoms a patient would experience in order to receive this procedure.
Identify an example of when an OB patient may not have the same provider for the antepartum, delivery, and postpartum services.
New technology and tools will undoubtedly shape nursing practice. "Research suggests that between 8% and 16% of nursing time is spent