E 12.15 – Chow Brothers, Inc.
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given the price of the stock, net income, fair value, and the amount the stock sold for… prepare the journal entries for the sale.
Given the price of the stock, net income, fair value, and the amount the stock sold for… prepare the journal entries for the sale.
What are the appropriate journal entries for a farm equipment company’s liabilities involving: 1) a prepayment for a tractor to be delivered later, 2) refundable deposits for equipment part transportation containers, and 3) credit sales subject to state and local sales taxes? Given the information regarding their liabilities for the year… prepare several journal entries for the transactions.
Given the bond amount and percent of two separate bonds along with the amount and percent of a separate note … classify the liabilities as either current or noncurrent.
Given the estimated cost they will have from a product recall… determine how the loss should be recorded along with preparing a journal entry.
Given the financial statements for the year… prepare them under the U.S. GAAP.
Given the pretax accounting income, the taxable income, and the tax rate… calculate the net income along with reporting the deferred tax liability and income tax payable.
Given the net operating loss, the tax rate, and a list of taxes for four years… find the operating loss carryback and carry forward along with preparing a journal entry for the taxes and calculating net loss.
Given the number of common stock, the amount of shares outstanding, the amount that the shares closed at, and the par per share of the common stock… prepare a journal entry to record the sales.
Given the common stock dividend, the amount of shares, and par value… prepare the journal entry and the value after the stock split.
Given information regarding their common and preferred stock throughout the year… calculate the earnings per share for the year-end.