BE 9.01 – Ross Electronics
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given the cost, selling price, and selling cost… find unit value.
Calculator Preview
Your numbers will vary.
Given the cost, selling price, and selling cost… find unit value.
Your numbers will vary.
Given the cost, replacement cost, selling price, and normal profit price… find the unit value.
Your numbers will vary.
Given units, cost, replacement cost, sell price, sell cost, and normal profit… find the effect of LCM adjustment and cost of the market.
Your numbers will vary.
Given the beginning inventory, net purchases, freight-in, markups, markdowns, spoilage, sales, and discounts… calculate the ending inventory and cost of goods sold using the conventional method.
Your numbers will vary.
Given ending inventory for both years… find the retained earnings for the beginning of next year.
Your numbers will vary.
Given the lost inventory, beginning inventory, purchases, and net sales… calculate the gross profit ratio.
Your numbers will vary.
Which of the following included in the process of amortizing the discount on bonds payable?
Given the amount a bond is sold for, the percent, and the bond price… determine the amount that the cash account would be increased by.
Your numbers will vary.
Given the face value and the quoted price… determine the selling price.
Your numbers will vary.
Given the bond amount, percent, years, and price… determine the journal entry that would be recorded.
Your numbers will vary.