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Submitted by SolutionGuru on Thu, 2013-09-19 10:13
due on Mon, 2013-09-23 10:12
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ACC 421 Week 2 Wiley Plus

ACC 421 Week 2 Wiley Plus

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Submitted by SolutionGuru on Thu, 2013-09-19 10:13
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ACC 421 Week 2 Wiley Plus

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ACC xxx Week 2 Wiley Plus (UOP)

 

xx

 

xxxxxxxx xxx

 

Exercise xxx xxxxxxx

xx

xxxxxxxx 4-16

 

xxxxxxxx xxxxx

Exercise xxxxx

file1.docx preview (996 words)

Exercise 4-6

xx

The accountant of Weatherspoon Shoe xxx xxx xxxxxxxx the xxxxxxxxx xxxxxxxxxxx from the company’s records xx a basis xxx an income xxxxxxxxx xxx xxx year xxxxx December xxx 2012.

xxxxxxxxxxxxxx

Rent revenue

xxxxxxx

xxxxxxxx expense

19,300

Market xxxxxxxxxxxx xx land xxxxx cost

32,300

Salaries xxx xxxxx xxxxxxx xxxxxxx

116,100

Supplies xxxxxxx xxxxxxx

xxxxxx

xxxxxx xxx

xxxxxx

xxxxxxxx and xxxxx xxxxxxx (administrative)

xxxxxxx

Other xxxxxxxxxxxxxx expenses

53,000

xxxx xx xxxxx sold

xxxxxxx

xxx sales

981,300

Depreciation on xxxxx xxxxxx xxxx xxxxxxxx xxx xxxxxxxxxxxxxxx

66,300

Cash dividends declared

xxxxxx

There were 20,000 shares of xxxxxx stock outstanding during xxx xxxxx

xx

xx

x xxxxxxxx x

xx

Your answer xx correct.

Prepare x xxxxxxxxxxxxx income xxxxxxxxxx xxxxxx earnings per share to 2 decimal places, e.g. xxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

WEATHERSPOON xxxx CO. Income Statement For xxx Year xxxxx December 31, xxxx

Net xxxxx

$ 981300

Cost xx xxxxx Sold

517300

xxxxx Profit

xxxxxx

xxxxxxxxx Expenses

xxxxxxx xxxxxxxx

xxxxxxxx and xxxxx Expense

$ xxxxxx

xxxxxxxxxxxx xxxxxxx

xxxxx

xxxxxxxx Expense

xxxxx

x 181410

Administrative xxxxxxxx

Salaries and xxxxx Expense

xxxxxx

xxxxxxxxxxxxxx xxxxxxxx

53000

Depreciation Expense

xxxxx

210090

391500

Income xxxx Operations

xxxxx

Other Revenues xxx

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