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021M2solution - 15. Accounts Payable, 12,000 16. Purchase...

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Midterm Exam II [021M2solution] BUAD 250a March 22, 2002 Answers Accounting for Uncollectible Accounts Receivable 1. 56 2. 724 3. 141 4. 20 5. 830 6. 80 Accounting for Various Accounting Topics 1. 436 2. 790 3. 250,000 4. 617,000 5. 380,000 6. Yes 7. 500,000 8. Yes 9. 0 10. 8,333 11. 19,047 12. 0 13. Purchases, 12,000 14. Accounts Payable, 12,000
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Unformatted text preview: 15. Accounts Payable, 12,000 16. Purchase Discounts 360 Cash 11,640 17. Accounts Payable, 12,000 18. Cash, 12,000 Inventory Methods 1. 1,480 2. 12,100 3. 6,350 Inventories and Lower-of-Cost-or-Market 1. 105 2. 110 3. 105 4. Smaller 5. Larger...
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