P 3.06 – Vosburgh Electronics
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
They give you a long list of accounts as well as additional info and ask you to make a balance sheet.
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Your numbers will vary.
They give you a long list of accounts as well as additional info and ask you to make a balance sheet.
Your numbers will vary.
They give you cash receipts and cash disbursements, as well as a bank loan, equipment, inventory rent, net income, etc., and ask for the balance sheet.
Your numbers will vary.
Journalize the end of the current accounting period for each situation.
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Given total assets, equipment, notes payable, long-term debt, and common equity… determine various entries found on the firm’s balance sheet.
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Given information needed to make adjusting entries… prepare journal entries for year-end.
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Calculate earnings per share, dividends per share, book value per share, market-to-book, price-earnings, and price-sales ratios.
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Given the tax tables given in chapter 3, you are assed to calculate their taxes owed, marginal tax rate and average tax rate.
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Given the cash balance at the end of the year and various entries from the statement of cash flows… calculate the cash flow from operating activities and the firm’s net income.
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Presented with two years of balance sheet data and an income statement for the current year…. find the following:
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Construct a common-size balance sheet for Bethesda Mining given a balance sheet. Note that you only need to input the blue inputs, the white cells will auto-populate because the balance sheet must balance.
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