2008 2009 Projected benefit obligation‚ January 1 $650‚000 Plan assets (fair value/market relatedvalue)‚ Jan 1 410‚000 Prepaid/accrued pension cost (credit)‚ January 1 80‚000 Additional pension liability‚ January 1 12‚300 Intangible asset-deferred pension cost‚ January 1 12‚300 Unrecognized prior service cost‚ January 1 160‚000 Service cost 40
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Acc101 – Quiz on Receivables Show your supporting computations in good form. Encircle your final answer. Problem 1 For the year ended December 31‚ 2009‚ Colt Co. estimated its allowance for uncollectible accounts using the year-end aging of accounts receivable. The following data are available: Allowance for uncollectible accounts‚ 1/1/09 P51‚000 Provision for uncollectible accounts during 2009 (2% on credit sales of P2‚000‚000) 40‚000 Uncollectible accounts written off‚ 11/30/09
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f’;fa;d’a;f’‚af;ag’;sdagl.;gdlal‚g;adl‚g‚gal;am‚dblv .cv z‚vz mld;‚ag‚a;es’g.;’gad;a’;ldg;gd;sal;‚ger’fa‚s.a;l‚gdlag‚dla‚g;ewlwetp;lq4pewql‚e;et‚q;g‚al‚gal;g‚dla;ew‚tqleg‚algm‚eksgtmaq;‚;’.E’S.AFD;Af?D/A>;T’‚;L‚EL;On January 1‚ 2010‚ Ameen Company purchased a building for $36 million. Ameen uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. At December 31‚ 2012‚ the carrying value of the building was $30 million and its tax basis was $20 million
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of Soviet Socialists Republic (USSR). The biggest rivalry between the two superpowers was the advancement in space technology. In 1952‚ the International Geophysical Year (IGY) was established in which scientists stated that in the time between July 1‚ 1957 and December 31‚ 1958‚ solar activity would be at a high point. The IGY made it so that both the US and the USSR became determined to be the first to reach space‚ and so the space race was born. During the space race‚ the USSR made many launches
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What are the details need to be updated in the UBS system when I have created a new company in the UBS system? Step 1: double click to UBS system and u will enter into the ‘Select Company’ page. Step 2: Click ‘ADD’ to create a new company and a new directory for the company. Step 3: After finish creating the new company‚ click ‘cancel’ and double click on the new company name. Step 4: After double click from the company name‚ a ‘Housekeeping’ frame will come out indicating and u need to generate
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PRACTICAL ACCOUNTING 1 1. On January 1‚ 2012‚ Revenue Company sold specialized computers costing P760‚000 to Income‚ Inc. for P990‚000. Revenue Company’s trainers present numerous training sessions for Income’s employee during the installation period. Income made a 50% down payment‚ with the balance due upon completion of installation. How much revenue should Revenue Company recognize on its books on January 1‚ 2012? a. P990‚000 b. P760‚000 c. P495‚000 d. P-0- 2. SAMpple Company is an
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Chapter 1 THE INTRODUCTION This chapter presents the background of the study which presents the historical background of the problem being presented in specific and general point of view‚ objectives of the study‚ which deals with the concise explanation of what is to be achieved by the study; scope and limitations of the study‚ which presents the range and limit of the study; locale of the study which presents the exact location of the project and significance of the study that tells the importance
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the year of a postal increase and the new postal rate for first class mail‚ the data were gathered from the United States Postal Service. In 1981‚ the United States Postal Service changed their rates on March 22 and November 1. This information is shown in the table below. 1. Make a scatterplot and describe the association between the year and the first class postal rate. Year Rate 1971 0.08 1974 0.10 1975 0.13 1978 0.15 1981 0.18 1981 0.20 1985 0.22 1988 0.25 1991 0.29 1995 0.32 2. Create a model
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Free Essays‚ Term Papers & Book Notes Become A StudyMode.com Contributor For our free membership‚ please upload one paper to the site. Please fill out the form below to join the site. Your account will be activated immediately. 1. Personal Information Birthday: 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 January February March April May June July August September October November December 1900 1901 1902 1903 1904
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Ordinance (Cap. 362) 1. Commencement: 1st April‚ 198l. 2. Purpose: To prohibit false trade descriptions‚ false marks and misstatements in respect of goods provided in the course of trade; to confer power to require information or instruction relating to goods to be marked on or to accompany the goods or to be included in advertisements; to restate the law relating to forgery of trade marks; and for purposes connected therewith. 3. The major Subsidiary Legislation include: 1. Trade Descriptions
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