Acompany should immediately recognize: any gain when it constructs a piece of equipment at a cost savings. any gain when it makes a bargain purchase. any loss when it receives any asset lower than its book value. any loss when it ignorantly pays too much for an asset originally.
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Business, 21.06.2019 21:00
In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the
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Business, 23.06.2019 13:00
Money management refers to: question 1 options: preparing personal financial statements. day-to-day financial activities. storing financial records for easy access. spending money on current living expenses.
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Business, 23.06.2019 14:00
If china enforces the software procurement regulation, the most likely result is
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Business, 23.06.2019 14:30
Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by bridgeport corporation. 1. bridgeport developed a new manufacturing process, incurring research and development costs of $195,600. the company also purchased a patent for $45,200. in early january, bridgeport capitalized $240,800 as the cost of the patents. patent amortization expense of $12,040 was recorded based on a 20-year useful life. 2. on july 1, 2017, bridgeport purchased a small company and as a result recorded goodwill of $52,000. bridgeport recorded a half-year’s amortization in 2017, based on a 20-year life ($1,300 amortization). the goodwill has an indefinite life. prepare all journal entries necessary to correct any errors made during 2017. assume the books have not yet been closed for 2017.
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Acompany should immediately recognize: any gain when it constructs a piece of equipment at a cost s...
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