E 5.05 – Five Situations With Single Amounts
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Gives you a table of info and asks you to solve for the 5 missing amounts.
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Gives you a table of info and asks you to solve for the 5 missing amounts.
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Wants to create a special building fund with an annual deposit. Asks fund balance for 4 scenarios.
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They give you two scenarios: Alex Meir must choose among 3 prizes and choose the highest. Weimer gets a bunch of annual deposits and must figure out the final balance at the end (future value).
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They give you five scenarios and ask for missing values in a grid.
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Given the information on the guided tours and the transactions – create a journal entry for each transaction.
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Given the value of services on account, the cash collections, the percent of uncollectible accounts, and the write-offs… record an adjustment for uncollectible accounts, record write-offs, and calculate the balance of the account under two different write-off amounts.
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Record adjustment for uncollectible accounts, determine amount bad debt expense, calculate net accounts receivable.
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Record adjustment for uncollectible accounts, amount of bad debt expense reported, calculate net accounts receivable.
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Estimate the amount, record the adjustment, calculate net accounts receivable.
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Estimate the amount, record the adjustment, calculate net accounts receivable.
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