Entries by Munene david

BagODonuts Company bought a used delivery truck on January 1, 2010, for $19,200.

February 17, 2020 in /by

BagODonuts Company bought a used delivery truck on January 1, 2010, for $19,200. The van was expected to remain in service 4 years (30,000 miles).  BagODonuts’ accountant estimated that the truck’s residual value would be $2,400 at the end of its useful life.  The truck traveled 8,000 miles the first year, 8,500 miles the second […]

 

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Please describe the differences of how IFRS differs from U.S. GAAP in respect to deferred taxes.

February 17, 2020 in /by

Please describe the differences of how IFRS differs from U.S. GAAP in respect to deferred taxes. You have only 2 hours to answer the above question. Please answer it asap within the time frame.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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If the two columns of a trial balance are equal, does it mean that there are no errors in the accounting records?

February 17, 2020 in /by

If the two columns of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain. If the totals of the trial balance columns do not equal, what are some corrective actions that might be taken to find the error?   Looking for a Similar Assignment? Order now […]

 

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Inventory valuation methods determine the cost of goods sold and the inventory balance

February 17, 2020 in /by

Inventory valuation methods determine the cost of goods sold and the inventory balance. Explain how the Average Cost method is applied. Give an example of the application of this method   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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