Adie, Miles, Auer Used Cars
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Gives a accounts receivable and the estimated amount not collected and asks what the accounts receivable would be valued at.
Gives a accounts receivable and the estimated amount not collected and asks what the accounts receivable would be valued at.
Given changes in account balances as either debits or credits, including assets, common stock, liabilities, and paid-in capital, determine net income for the year.
Your numbers will vary.
Given the acquired cost, the fair value for two years, and the amortized value for two years… find the investment amount for the balance sheet and the adjustment entry.
Your numbers will vary.
Given the number of boxes sold, price per box, days to return, and the percent of sales returned… determine the amount of performance obligations and January revenue.
Your numbers will vary.
Find the amount of ending inventory.
Your numbers will vary.
This is the easier of two versions. The only info given is sales commission %, inventory shipped, amount sold at cost and retail. Asks what amount of inventory the company reports at year-end?
Your numbers will vary.
Given the interest expense, the interest payable increase or decrease, and the deferred tax liability… find the cash paid for interest in 9 different situations.
Your numbers will vary.
Given the deposits received from customers, and the mark-up percentage… find the forfeited deposits.
Your numbers will vary.
Green purchased a machine from Cyan… determine the monthly installment payments.
Your numbers will vary.
Given the purchase price, the monthly payments, and the interest rate… find the amount of interest expense.
Your numbers will vary.