Homework Problems Problem #1 For December 31‚2012‚ the balance sheet of Baxter Corporation is as follows: Current Assets Liabilities Cash $10‚000 Accts. Payable $12‚000 Accts Receivable 15‚000 Notes Payable 20‚000 Inventory 25‚000 Bonds Payable 50‚000 Prepaid Expenses 12‚000 Fixed Assets Stockholders Equity Plant & Equip(gross) $250‚000 Common Stock $75‚000 Less Accum Deprec. 50‚000 Paid in capital 25‚000 Net Plant & Equip $200‚000
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MINICASE ACCT – 13 1. What are the relevant facts? - The company for which Chris is the controller is facing difficult times in light of a downturn in the construction industry. - Chris and Robin know that a material receivable from the Ender Corporation is probably uncollectable. - The allowance adjustment for the material receivable has not been made - Allowance adjustment will cause the auditor to mention the company’s unstable financial position and therefore without a clear opinion‚ the
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Running head: MGM230-0903B-04_P2-IP MGM230-0903B-04_P2-IP Tiffany Aliano Colorado Technical University . Abstract The following article will address the basics of what makes a contract valid. In addition‚ this paper will include an example of a contract as well as which sections make it a valid contract. Then‚ a contract made between my husband and me‚ to demonstrate a simple contract. This paper will also go into the factors that make a verbal contract lawful. MGM230-0903B-04_P2-IP
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Payment Instructions Please pay at any LBC branch nationwide except the ones inside SM Malls. Provide the store cashier with the following details: Biller Name: DRAGONPAY Total Due PHP 1‚090.00 Ref No/Acct No: XSNRBBH5 Acct Name: (write your name) Amount: PHP 1‚090.00 Description: 60 Min. Full Body or Foot Massage & Sauna‚ Jacuzzi‚ Sumptuous Buffet & Drinks for P545 instead of P780 at Wensha Antipolo Please observe the following rules carefully when making your payment. Failure
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Tele Mil : 6991 Civ Tele : 0361-2640134 Army Recruiting Office‚ Narangi PIN-900328 c/o 99 APO 20 Apr 11 1837/R/ FOR BRIGHT YOUNG MEN TO JOIN THE ARMY OPEN RECRUITMENT RALLY AT GOALPARA 1. Army Recruiting Office‚ Narangi will carry out an Army Recruitment Rally for MALE CANDIDATES of Baksa‚ Barpeta‚ Bongaigaon‚ Chirang‚ Darrang‚ Dhubri‚ Goalpara‚ Kamrup‚ Kokrajhar‚ Nalbari and Udalguri districts of Assam is being organized from 17 –29 May 11 at DN Singha Sports Stadium‚ Goalpara (Assam) with
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Acct 550c Week6 Homework E10-1 Item Land Land Improvements Bldg Other Accts (a) ($275‚000) Notes Payable (b) $275‚000 (c) $ 10‚000 (d) 7‚000 (e) 6‚000 (f) (1‚000) (g) 25‚000 (h) 250‚000 (i) 9‚000 (j) $ 4‚000 (k) 11‚000 (l) (5‚000) (m)
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summary of a data showing the frequency (or percent) of items in each of the distinct categories. Example: Summary of academic majors: MAJOR ACCT ISDS PBADM ACCT ISDS PBADM ISDS PBADM ISDS PBADM PBADM . . . MKT Becomes: MAJOR FREQ RELATIVE FREQ (%freq) ISDS 24 0.253 (25.3) FIN 9 0.095 (9.5) MKT 15 0.158 (15.8) ACCT 7 0.074 (7.4) PBADM 40 0.421 (42.1) TOTAL 95 1.001* (100.1) 3. Visualizing Qualitative Data a. Bar Graph – graphical display
Free Frequency distribution Frequency Summary statistics
ACCT 401-01 Chapter 2: Professional Standards Introduction Self-regulated: the standards governing audits were established by members of the profession themselves Sarbanes-Oxley Acct of 2002 Created: Public Company Accounting Oversight Board (PCAOB) to provide external and independent oversight over the audits of public entities Responsible for registering public accounting firms‚ establishing standards for audit engagements‚ and inspecting the quality of audits conducted by public accounting
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winning bidder must meet their minimum production guarantee failing which a hefty penalty of $5000 will be imposed on each day that the production falls short of the guaranteed minimum units. Under its old production process KMI can afford to bid 612 units which will ensure it has a profit of $1000 per day. However‚ the bid may not be high enough to win over its cutthroat competitors and KMI introduced a new production process to improve its efficiency. Under the new production process KMI has
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Accumulated Depreciation Sept 4 680 Sept. 30 680 Sept. 30 288 Supplies on Hand Income Sept. 5 942 Sept. 30 330 Sept. 30 680 Sept. 30 9‚620 Sept. 30 Bal 612 Sept. 30 515 Sept. 30 1‚800 Office Salaries Expense Sept. 30 288 Sept 30 1‚800 Sept. 30 1‚800 Sept. 30 330 Sept. 30 6‚007 Supplies Expense
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