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Accouting help please
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Download Big Ed's trial balance to begin preparing your adjusting and closing entries: Big Ed's Motorcycle Shop Trial Balance Following is the information you will need to make your adjusting entries: Office equipment has a life of five years with no residual value. Store equipment has a...
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Well, I am kind of stumped on a question, because I have two answers, and I am not sure which one is correct. Here is the question: Stratfield Inc. reported the following selected information for its 2008 fiscal year: Contributed capital for December 31, 2007..........$ 16,500 Retained...
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Planning for capital investments is an important function of management. You are provided with the following data concerning a proposed capital investment: cash cost $220,000, net annual cash flows $40,000, present value factor of cash inflows for ten years 5065 (rounded). Determine the net...
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hi I need assistance with this question.. On July 1,1995 marcus purchased a building for 140,000 that has an established salvage value of 8,000 and an expected useful life of ten years. Note: partial your depreciation calcuations are required. Depriciate it for half a year as well. View more questions Search
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