Adie, Miles, Auer Used Cars
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Gives a accounts receivable and the estimated amount not collected and asks what the accounts receivable would be valued at.
Gives a accounts receivable and the estimated amount not collected and asks what the accounts receivable would be valued at.
Given changes in account balances as either debits or credits, including assets, common stock, liabilities, and paid-in capital, determine net income for the year.
Your numbers will vary.
Given the bonds acquired, the percentage on the bond, interest rate, and paid investment… find the journal entries.
Your numbers will vary.
This is the easier of two versions. The only info given is sales commission %, inventory shipped, amount sold at cost and retail. Asks what amount of inventory the company reports at year-end?
Your numbers will vary.
Given the cost of preparation, the expected amount of coal extracted, and the actual amount of coal extracted… calculate the amount of depletion along with determining if depletion is part of product costs.
Your numbers will vary.
Given details regarding a lease… prepare a journal entry to record the lease through April.
Your numbers will vary.
Given the interest expense, the interest payable increase or decrease, and the deferred tax liability… find the cash paid for interest in 9 different situations.
Your numbers will vary.
Given the beginning inventory, net purchases, net markups, net markdowns, and net sales… find the ending inventory and cost of goods sold.
Your numbers will vary.
Given the interest rate, stated rate, market rate, face value, and the time till maturity… find the price of the bonds and the interest expense.
Your numbers will vary.
Given the amount, length, and percent of a note along with the time and percent they discounted it at… find the cash proceeds received.
Your numbers will vary.