Credit Prepaid Insurance 1‚800 1‚800 6) Supplies‚ Beginning Supplies Purchased Amount Paid Supplies‚ End of the Year $0 $200 $150 $40 Supplies‚ Ending $160 Debit 7) Invoice $4‚500 Credit Cash $4‚500 8) Bond and Associates Accumulated Depreciation Accounts Payable Accounts Receivable Cash Equipment Land Mortgage Payable Prepaid Insurance Supplies Unearned Revenue Wages Payable $23‚000 $8‚500 $12‚000 $3‚500 $44‚000 $21‚000 $45‚000 $7‚500 $2‚000 $6‚000 $4‚500 Current Liabilities $19‚000
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so properly. A high supply of garbage bins will improve our environment because persons will have somewhere to throw their garbage when they are finish using them in the bins ‚ instead of drains so there will be a decrease in flash flooding’s in our communities and country. The authorities may provide bins but if they do so in a small scale it will be ineffective and insufficient for a large public area. Sometimes you will notice that in public areas that garbage are overfull and that people keep
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suggests that we do not care about the environment. Everyone is affected by the issue. There are several sources of littering. Pedestrians who drop garbage in the streets and roadways. Motorists litter by discarding garbage out of their vehicle windows. Uncovered loads is another source and these are items that are not secure and can easily be blown out of trucks and cause roadside littering. Households that refuse disposal and collection. Littering can result from overloading
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ACC 422 Final Exam Wileyplus Copy this link to your browser and download http://www.finalexamguide.com/ACC-422-Final-Exam-2-WileyPlus-167.htm Question 1 Kraft Enterprises owns the following assets at December 31‚ 2012. Cash in bank–savings account 67‚ 516 Checking account balance 26‚445 Cash on Hand 9‚478 Postdated checks 753 Cash refund due from IRS 40‚324 Certificates of deposit(180 day) 94‚754 What amount should be reported as cash? Question 2 Presented below
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the automobile was a historical achievement that completely transformed human civilization. This is why cars have had a greater effect on society than airplanes have. Not only have cars enabled people to relocate with ease‚ but they are also used on a much more regular basis. First of all‚ cars have had a greater effect on society than airplanes because cars have allowed so many more people to relocate to other geographical regions. In other words‚ most people do not spend their entire lives in
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CHAPTER 10 Acquisition and Disposition of Property‚ Plant‚ and Equipment ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises 1‚ 2‚ 3‚ 4‚ 5‚ 13 Concepts Problems for Analysis 1. Valuation and classification of land‚ buildings‚ and equipment. 1‚ 2‚ 3‚ 4‚ 6‚ 7‚ 12‚ 13‚ 15‚ 21 2. Self-constructed assets‚ capitalization of overhead. 5‚ 8‚ 20‚ 21 4‚ 6‚ 12‚ 16 3. Capitalization of interest. 8‚ 9‚ 10‚ 11‚ 2‚ 3‚ 4 13‚ 21 4‚ 5‚ 7‚ 8‚ 9‚ 10‚ 16 1‚ 5‚ 6‚ 7 3 4. Exchanges
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Building a New Supply Chain – Reverse Logistics – Mini Case Study Report PROBLEM: The Company is having a difficult time receiving a healthy profit due to the high costs of garbage disposal and the lack of alternative sources of income. Failure to find alternate sources of income will make it difficult for the Company to remain in operation and be profitable. CAUSE: The high cost of disposition is cutting deeply into profit margins. Disposal fees are unavoidable if wanting to follow the legal methods
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was taking a major toll on the gross margins and net income of Waste Management. With a balance sheet that was heavily based on equipment and land Waste Management was beginning to see that the only way to keep the company growing was to use depreciation and salvage value manipulation to lower the direct hits of these expenses. Now that the issues were becoming large enough to notice‚ the SEC began stepping in to investigate the operations‚ assets and accounting methods that were being used
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Chapter 9 Property Acquisition and Cost Recovery McGraw-Hill Connect Homework Answers 40. [LO 1] Emily purchased a building to store inventory for her business. The purchase price was $760‚000. Beyond this‚ Emily incurred the following necessary expenses to get the building ready for use: $10‚000 to repair the roof‚ $5‚000 to make the interior suitable for her finished goods‚ and $300 in legal fees. What is Emily’s cost basis in the new building? $765‚300 cost basis‚ computed
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very expensive‚ it will not save the planet’s environment and it does not save natural resources. Recycling is a method that appeared as a solution for the problems that environmentalists were having with landfill’s capacity and contamination of garbage around 1980’s. According to Christopher Douglass (2003)‚ dramatic predictions of landfill closings created a crisis mentality in America. He also informs that the in 1988 Environmental Protection Agency (EPA) reported to Congress that “one-third of
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