Corporate Financial Accounting Chapter 3 Assignment

Corporate Financial Accounting Chapter 3 Assignment -...

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Corporate Financial Accounting Chapter 3 Exercises Financial Accounting Exercises 3, 7, 8, 9, 13 Problems 3-3A, 3-5A Ex-3 2975 -614 $2,361 Ex-7 a) 3600+4800-2950=$5,450 Expired Insurance b) 3600+4800-X=$5,450 X=$2,950 Unexpired Insurance Ex-8 49500-27180=$22,320
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Unformatted text preview: Unearned Fees. .22,320 Fees Earned22,320 Ex-9 a) Net Income/Understated b) Stakeholders Equity/Overstated Ex-13 a) 20625/5*3=$12,375 b) 20625/5*4=$16,500...
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