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Tpy6a [65]
3 years ago
13

Which strategy makes use of your prior knowledge to help you read and understand quickly?

Business
2 answers:
Shtirlitz [24]3 years ago
7 0
I think it's guessing from context? Hope I helped!
Dennis_Churaev [7]3 years ago
5 0
It's probably from the context
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Brief Exercise 12-8 have a carrying Ayayai Corporation purchased Johnson Company 3 years ago and at that time recorded goodwill
blsea [12.9K]

Answer:

Explanation:

Since the fair value of the division is less than the carrying value of the division so the loss on impairment is recorded

The journal entry to record the impairment of the goodwill is shown below:

Loss on impairment A/c Dr $30,000

                       To Goodwill A/c $30,000

(Being loss on impairment is recorded)

The computation is shown below:

= Carrying value - fair value  

= $300,000 - $270,000

= $30,000

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3 years ago
Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $13,000 of accrued vacation benefit
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Answer and Explanation:

The journal entries are shown below:

1

Vacation Benefit Expense  $13,000  

                To Vacation Benefit Payable $13,000

(Being vacation benefit expense is recorded)

2

Warranty Expense $18,000  

           To Estimated Warranty Liability $18,000

($12,000 × 10 % × $15) = $18,000

(Being warranty expense is recorded)

These two entries need to be passed

3 0
3 years ago
On January​ 1, 2018, Tyson Manufacturing Corporation purchased a machine for $ 40 comma 900 comma 000. ​Tyson's management expec
mariarad [96]

Answer:

Explanation:

over the next six years. The estimated residual value of the machine at the end of the sixth year is $ 49 comma 000. The machine was used for 4 comma 200 hours in 2018 and 5 comma 800 hours in 2019. What is the depreciation expense for 2018 if the corporation uses the unitsminusofminusproduction method of​ depreciation? (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)

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3 years ago
3. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (2-5 sentences. 2.
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One global trend I think offers a business opportunity in the global marketplace is the internet. With the internet customers can shop a store from virtually anywhere in the country. A small store such as local boutiques become a big hit with online shoppers.
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3 years ago
Read 2 more answers
Below are transactions related to Impala Company.(a) The City of Pebble Beach gives the company 5 acres of land as a plant site.
Korolek [52]

Find the journal entries in the given attachments

Note:

<em>correction</em>s-------- factory overhead = $13,438 Machinery = $42,488

8 0
3 years ago
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