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On average how much oil does our nation consume in a year?On average what is the national yearly usage of fossil fuels from industrial and commercial […]

M3-2 Reporting Cash Basis Verus Accural Basis Income Mostert Music Company had the following transactions in March: a. Sold instruments to customers for $10000; received $6000 […]

Porter Company has provided the following data for the second quarter of the most recent year: Sales 300000 Fixed manufacturing overhead 55000 Direct labor 72500 Fixed […]

Jessi is anxious to find out if she has earned any profits the first month of her operations. You have to adjust the accoutns to bring […]

On March 30 2011 Calvin Exploration purchased a drilling machine for $840000. The estimated useful life of the machine is 10 years and no residual value […]

Presented below is information related to Morrow Manufacturing Corporation. Asset Cost Estimated Salvage Estimated Life (in years) A 40500 5500 10 B 33600 4800 9 C […]

Basic journal entries The following transactions pertain to the Jennifer Royall Company: Apr. 1 Received cash of $15000 and land valued at $10000 from Jennifer Royall […]

Kelly Realty loaned money and received the following notes during 2012. Principal Amount Interest Rate Term 1) Aug 1 24000 17% 1 year 2) Nov 30 […]

On July 1 2008 Tardis Company issued $4000000 face value 8% 10-year bonds at $3501514.This price resulted in an effective-interest rate of 10% on the bonds. […]