E 9.22 – Bosco Company
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given a chart regarding inventory with missing values… determine the missing data.
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Given a chart regarding inventory with missing values… determine the missing data.
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Given the inventory at year-end using both FIFO method and average cost method… prepare a journal entry for the adjustment.
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Prepare the journal entry to adjust to avg cost method. How much is cost of goods sold adjustment on the revised income statement?
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Given the amount that was overstated and understated in consecutive days … determine the effect on retained earnings along with preparing a journal entry.
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Given the bonds payable, face value, and bonds issued – create the entries for the transactions.
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Given the debenture bonds outstanding, the value, and what the bonds were issued at – find the cash received at bond issuance, cash paid back at maturity, annual interest total, and straight-line interest total.
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Given the information on the fleet of semi-trucks – determine the deferred tax liability and create the journal entry.
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Three hybridizations are given. Match the images given with the correct hybridization and select the electron pair geometry.
Given the data regarding retail and cost of inventory… calculate the ending inventory and cost of goods sold.
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Given data regarding the cost and retail of their inventory … using the conventional retail method – calculate the ending inventory and cost of goods sold along with recalculating the cost-to-retail percentage.
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