E8-16A – Subscriptions
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Given the transactions on the subscriptions – journalize the transactions and make the balance sheet.
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Given the transactions on the subscriptions – journalize the transactions and make the balance sheet.
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Given the annual payroll. payroll tax expense and owed, and salaries owed – prepare the income statement and balance sheet.
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Given the complete transactions – create a balance sheet.
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Given the comparative income statements and balance sheets – find the accounts payable turnover and DPO, and if the liquidity position improved or hurt the company during year two.
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Given the purchased truck cost and note payable – find the interest expense, final payment, and interest expense report.
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Given the transactions for the subscriber – prepare the journal entries and the balance sheet.
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Given the annual payroll, payroll tax expense, salaries owed, and payroll tax owed – prepare the income statement and balance sheet.
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Given the bonds payable, face value, and bonds issued – create the entries for the transactions.
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Given the debenture bonds outstanding, the value, and what the bonds were issued at – find the cash received at bond issuance, cash paid back at maturity, annual interest total, and straight-line interest total.
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Given the information on the fleet of semi-trucks – determine the deferred tax liability and create the journal entry.
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