July 1. Issued 11000 shares of common stock for $11000cash. 1. Purchased used truck for $9000 paying $2000 cash and thebalance on account. 3. Purchased cleaning […]
On January 1 2009 Pink Company finished consultation services and accepted in exchange a promissory note with a face value of $400000 a due date of […]
(i) For the following group of assets compute the composite depreciation rate the composite life and the amount of depreciation recorded for the first year of […]
JUNE JULY AUGUST Credit sales $27000 $29000 $18000 Cash sales 18000 51000 39000 Total sales $45000 $80000 $57000 Past experience indicates that 60% of the credit […]