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On January 21, 2016, Asia sold a residential rental condominium that she had pur

On January 21, 2016, Asia sold a residential rental condominium that she had purchased and put into service in March 2012. Her gain on the sale was $10,000 and the depreciation al…

On January 22, 1943, the temperature in Spearfish, South Dakota, rose from -4.20

On January 22, 1943, the temperature in Spearfish, South Dakota, rose from -4.20 degree F to 45.2 degree F in just 2 minutes. What was the temperature change in Celsius degrees an…

On January 25, 2014, Marry Hinton, who owns The Candy Company, about an auto for

On January 25, 2014, Marry Hinton, who owns The Candy Company, about an auto for business proposes. Total cost was $19,200 that she paid the down payment of $4600 with a personal …

On January 27, 2010, Steve Jobs took the stage to announce, as expected, a new a

On January 27, 2010, Steve Jobs took the stage to announce, as expected, a new addition to the Apple's (AAPL) product line. The iPad, a tablet computer, recevied good reviews but …

On January 27, 2017, the Oscar Laurie Mayer Co. reacquired 1,000 shares of its $

On January 27, 2017, the Oscar Laurie Mayer Co. reacquired 1,000 shares of its $5 par value stock at $20 per share. On March 18, 2017, the Company sold 500 shares of its treasury …

On January 29th, 2014, the Royal Caribbean cruise ship \"Explorer of the Sea\" r

On January 29th, 2014, the Royal Caribbean cruise ship "Explorer of the Sea" returned to Bayonne, New Jersey with nearly 700 passengers violently sick with what the Center for Dis…

On January 2d, 2013, Samsung expects to ship 500,000 flat screen TVs from its Ko

On January 2d, 2013, Samsung expects to ship 500,000 flat screen TVs from its Korean plant to the US, which it will sell through US dealers on 270-day terms at $450 each. So Samsu…

On January 2d, 2014, BMW expects to ship 27,000 Mini-Cooper cars from its affili

On January 2d, 2014, BMW expects to ship 27,000 Mini-Cooper cars from its affiliated plant in the UK to the US, which it will sell through US dealers on 300-day terms at $31,000 e…

On January 2hd 2017 Pierre Mercier sat down to prepare the 2016 financial statem

On January 2hd 2017 Pierre Mercier sat down to prepare the 2016 financial statements for his furniture construction business WoodStyle, a sole proprietorship, which he started on …

On January 2nd 2016, Pierre Mercier sat down to prepare the 2015 financial state

On January 2nd 2016, Pierre Mercier sat down to prepare the 2015 financial statements for his furniture construction business WoodStyle, a sole proprietorship, which he started on…

On January 2nd of 2015 Ironsides Company purchased and installed a new machine t

On January 2nd of 2015 Ironsides Company purchased and installed a new machine that cost $225, 000, had a five - year life, and an estimated $15,000 salvage value. Managment estim…

On January 3, 2007, Austin Corp. purchased 25% of the voting common stock of Gai

On January 3, 2007, Austin Corp. purchased 25% of the voting common stock of Gainsville Co., paying $2,000,000. Austin used the equity method to account for this investment. At th…

On January 3, 2007, Joe Griffin Photography paid $224,000 for photo equipment. I

On January 3, 2007, Joe Griffin Photography paid $224,000 for photo equipment. In addition to the purchase price, Griffin paid $700 transportation charges, $100 insurance for the …

On January 3, 2008, Austin Corp. purchased 25% of the voting common stock of Gai

On January 3, 2008, Austin Corp. purchased 25% of the voting common stock of Gainesville Co., paying $2,500,000. Austin decided to use the equity method to account for this invest…

On January 3, 2008, Austin Corp. purchased 25% of the voting common stock of Gai

On January 3, 2008, Austin Corp. purchased 25% of the voting common stock of Gainesville Co., paying $2,500,000. Austin decided to use the equity method to account for this invest…

On January 3, 2011, Austin Corp. purchased 25% of the voting common stock of Gai

On January 3, 2011, Austin Corp. purchased 25% of the voting common stock of GainsvilleCo., paying $2,500,000. Austin decided to use the equity method to account for thisinvestmen…

On January 3, 2011, Robby%u2019s Excavating Company purchased a bulldozer for $1

On January 3, 2011, Robby%u2019s Excavating Company purchased a bulldozer for $140,000. In addition to the basic purchase price, the company paid sales tax of $6,000 and freight c…

On January 3, 2011, Roberts Company purchased 30% of the 100,000 shares of commo

On January 3, 2011, Roberts Company purchased 30% of the 100,000 shares of common stock of Thomas Corporation, paying $1,500,000. There was no goodwill or other cost allocation as…

On January 3, 2013, Matteson Corporation acquired 40 percent of the outstanding

On January 3, 2013, Matteson Corporation acquired 40 percent of the outstanding common stock of O'Toole Company for $1,160,000. This acquisition gave Matteson the ability to exerc…

On January 3, 2013, Michelson % Sons acquired a tract of land just outside the c

On January 3, 2013, Michelson % Sons acquired a tract of land just outside the city The land and existing building were purchased for $2.4 million. Michelson paid $400,000 and sig…

On January 3, 2013, Roberts Company purchased 30% of the 100,000 shares of commo

On January 3, 2013, Roberts Company purchased 30% of the 100,000 shares of common stock of Thomas Corporation, paying $1,500,000. There was no goodwill or other cost allocation as…

On January 3, 2014, Austin Crop. purchased 25% of the voting common stock of Gai

On January 3, 2014, Austin Crop. purchased 25% of the voting common stock of Gainsville Co., paying $2,000,000. Austin decided to use the equity method to account for this investm…

On January 3, 2014, Rapid Delivery Service purchased a truck at a cost of $65,00

On January 3, 2014, Rapid Delivery Service purchased a truck at a cost of $65,000. Before placing the truck in service, Rapid spent $2,200 painting it, $2,500 replacing tires, and…

On January 3, 2015, Matteson Corporation acquired 40 percent of the outstanding

On January 3, 2015, Matteson Corporation acquired 40 percent of the outstanding common stock of O’Toole Company for $1,443,000. This acquisition gave Matteson the ability to exerc…

On January 3, 2015, Matteson Corporation acquired 40 percent of the outstanding

On January 3, 2015, Matteson Corporation acquired 40 percent of the outstanding common stock of O’Toole Company for $1,370,000. This acquisition gave Matteson the ability to exerc…

On January 3, 2016, Austin Corp. purchased 25% of the voting common stock of Gai

On January 3, 2016, Austin Corp. purchased 25% of the voting common stock of Gainsville Co., paying $2,500,000. Austin decided to use the equity method to account for this investm…

On January 3, 2016, Newman, a dedicated, long term postal work, delivered 30 let

On January 3, 2016, Newman, a dedicated, long term postal work, delivered 30 letters in and 8 hour period. Todd Gak, Newman's supervisor, was so impressed that on January 4, 2016,…

On January 3, 2016, Newman, a dedicated, long term postal worker, delivered 30 l

On January 3, 2016, Newman, a dedicated, long term postal worker, delivered 30 letters in an 8 hour period. Todd Gak, Newman's supervisor, was so impressed that on January 4, 2016…

On January 3, 2017, McBride Co. purchased a call option for $300 on Xavier commo

On January 3, 2017, McBride Co. purchased a call option for $300 on Xavier common stock.  The call option gives McBride the option to buy 1,000 shares of Xavier at a strike price …

On January 3, 2018, Brisk Delivery Service purchased a truck at a cost of $75,00

On January 3, 2018, Brisk Delivery Service purchased a truck at a cost of $75,000 Before placing the truck in service, Brisk spent $4,000 painting it, $2,500 replacing tires, and …

On January 3, 2018, Crane Company owned a machine that had cost $396000. The acc

On January 3, 2018, Crane Company owned a machine that had cost $396000. The accumulated depreciation was $239000, estimated salvage value was $23900, and fair value was $638000. …

On January 3, 2018, Matteson Corporation acquired 40 percent of the outstanding

On January 3, 2018, Matteson Corporation acquired 40 percent of the outstanding common stock of O’Toole Company for $1,379,000. This acquisition gave Matteson the ability to exerc…

On January 3, 2018, Nimble Delivery Service purchased a truck at a cost of $80,0

On January 3, 2018, Nimble Delivery Service purchased a truck at a cost of $80,000. Before placing the truck in service, Nimble spent S3,000 painting it, $500 replacing tires, and…

On January 3, 20x9, Redding Company acquired controlling interest in Frazer orpo

On January 3, 20x9, Redding Company acquired controlling interest in Frazer orporation's common stock for $344.000 cash. At the acquisition date, the book alues and fair values of…

On January 3. 2014, Austin Corp. purchased 25% of the voting common stock of Gai

On January 3. 2014, Austin Corp. purchased 25% of the voting common stock of Gainsvillc Co.. paying $2,000,000. Austin decided to use the equity method to account for this investm…

On January 30, 2007, Microsoft launched what was at the time its newest operatin

On January 30, 2007, Microsoft launched what was at the time its newest operating system, Vista, to consumers. The project, years late and billions of dollars over budget, was one…

On January 30, business woman Hillary takes out a $250,000 loan at 6% annual int

On January 30, business woman Hillary takes out a $250,000 loan at 6% annual interest. The maturity date (the day RR has to pay off the loan) is November 1st. A. How much will Hil…

On January 31, 2013, the futures contract on unleaded gasoline (NYMEX) with 6 mo

On January 31, 2013, the futures contract on unleaded gasoline (NYMEX) with 6 months to maturity, were trading for $3.03 per gallon. Assume that the cash price was $2.83 per gallo…

On January 31, 2014, Trapp Logistics Inc. issued a five year, 3.5% bonds payable

On January 31, 2014, Trapp Logistics Inc. issued a five year, 3.5% bonds payable with a face value of 6,000,000. The bonds were issued at 96 and pay interest on January 31 and Jul…

On January 31, 2016, Overton Logistics, Inc., issued ten-year, 3% bonds payable

On January 31, 2016, Overton Logistics, Inc., issued ten-year, 3% bonds payable with a face value of $11,000,000. The bonds were issued at 97 and pay interest on January 31 and Ju…

On January 31, Dogwood Logistics, Inc , issued ten-year 9% bonds payable with a

On January 31, Dogwood Logistics, Inc , issued ten-year 9% bonds payable with a face value of S1 1,000,000. The bonds were issued at 93 and pay interest on January 31 and July 31.…

On January 31, Doherty Logistics, Inc., issued five-year, 7% bonds payable with

On January 31, Doherty Logistics, Inc., issued five-year, 7% bonds payable with a face value of $8,000,000. The bonds were issued at 96 and pay interest on January 31 and July 31.…

On January 31, Hale company\'s payroll register showed that it\'s employers earn

On January 31, Hale company's payroll register showed that it's employers earned $ 30,320 of office salaries and $82,750 of sales salaries. Withholdings from the employees salarie…

On January 31, Hale company\'s payroll register showed that it\'s employers earn

On January 31, Hale company's payroll register showed that it's employers earned $ 30,320 of office salaries and $82,750 of sales salaries. Withholdings from the employees salarie…

On January 4, 2009, Congo Co. purchased a piece of equipment for $85,000. The eq

On January 4, 2009, Congo Co. purchased a piece of equipment for $85,000. The equipment had an estimated salvage value of $10,000 and an expected life of eight years or 150,000 ma…

On January 4, 2011, Mason Co. purchased 40,000 shares (40%) of the common stock

On January 4, 2011, Mason Co. purchased 40,000 shares (40%) of the common stock of Hefly Corp., paying $560,000. At that time, the book value and fair value of Hefly's net assets …

On January 4, 2012, Harley, Inc. acquired 40% of the outstanding common stock of

On January 4, 2012, Harley, Inc. acquired 40% of the outstanding common stock of Bike Co. for $2,400,000. This investment gave Harley the ability to exercise significant influence…

On January 4, 2013, Dunbar Company purchased, on credit, 2,000 television sets a

On January 4, 2013, Dunbar Company purchased, on credit, 2,000 television sets at $500 each. Terms of the purchase were 2/10, n/30. Dunbar paid for 20% of these sets on January 13…

On January 4, 2013, Runyan Bakery paid $334 million for 10 million shares of Lav

On January 4, 2013, Runyan Bakery paid $334 million for 10 million shares of Lavery Labeling Company common stock. The investment represents a 30% interest in the net assets of La…

On January 4, 2016, Koller Co. leased a building to Delta Corp. for a ten-year t

On January 4, 2016, Koller Co. leased a building to Delta Corp. for a ten-year term at an annual rental of $200,000. At inception of the lease, Koller received $800,000 covering t…