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Business, 21.06.2019 19:30
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
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Business, 23.06.2019 04:00
The servers at gerry frasier's busy ice cream shop decided that putting more ice cream in the sundaes and cones would bring back more customers. after three months, gerry was surprised to discover that his profit had
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Business, 23.06.2019 12:10
Amanda is a certified public accountant. she wants to work as an auditor with a firm in the state of california. which accounting body must she get herself registered with? a. security and exchange commission b. financial institution regulating authority c. state board of accountancy d. government accounting standard board
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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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