Exam 2 Review Sheet

Exam 2 Review Sheet - ACC302 m2(Chapters1617)ReviewSheet...

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ACC Exam Pleas recen 15. 302 2 (Chapters se note that t ntly covered c 1) Gallo basis. tax re 2011 but ba Gallo $40,0 accou Requi 1. Pre 2. Wh 2) Pocu metho uncol the be in rep Requi Prepa Show 3) Tobac 2011. taxes first fo Requi 1. Pre comp 2. Co 16 – 17) Rev the exam wil chapters. Ple Light began o In those case eturn, though was $90,000, ased on an en Light's pretax 000 of interes unting income ired: epare the app hat is Gallo Lig s Inc. reports od is used. At lectible accou eginning of th porting bad de ired: are the appro well labeled c Company re The enacted already paid our years of o ired: epare the jou putations. ompute Tobac iew Sheet ll cover chapt ease utilize th operations in es, Gallo Ligh , Gallo Light r , which Gallo nacted law, is x accounting t revenue fro e and taxable propriate jour ght's 2011 ne s bad debt exp t the end of t unts of $10,0 he current ye ebts, its only priate journa computation eported a pre d tax rate is 40 by electing a operations we urnal entry to c's net loss fo ters 13 – 17 h he prior revie 2011. The co t reports inco reports instal Light expects s scheduled to income from
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