BE 03.19 – Aggies Corporation
Financial Accounting
Spiceland, Thomas, and Herrman
06th Edition
Given adjusted balances from the trial balance… record necessary closing entries.
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Given adjusted balances from the trial balance… record necessary closing entries.
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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.
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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.
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Find the amount of ending inventory.
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