my work(a)

my work(a) - pg639-641 Page question found on The...

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Question # Answer 10 TRUE pg 396 20 TRUE pg 409 30 Goods that are shipped, but title remains with the shipper 50 Product costs pg 391 ? 60 FIFO / LIFO 75 pg 398 101 $1,696 106 $4,238 ? 110 $900 112 $10,131 113 $20,925 1 TRUE pg 438 12 TRUE pg 449 25 is always the middle value of replacement costs…… pg 440 33 inventory location pg 441 49 It may be used to estimate inv for annual statements pg 451 80 $468 85 $2.40 / $7.68 / $3.84 90 ? 99 71% pg 450 108 $629,000 pg 449 5 TRUE 10 TRUE 25 costs of improvements with limited lives 33 Pg 494 43 pg 501+ ? 47 the present value of the future payments pg 499 59 pg 501+502 ? 116 $1,000 loss pg. 504-505 ? 127 the fair value of the asset it received as a gain pg 504 ? 8 FALSE pg 543 25 pg 541 64 $4,875 pg545 73 $20,400 pg545 ? 81 $2,000 ? 89 $112,000 ? 21 they are financial instruments pg 590 42 all of the above 61 ? 69 separately from other assets 83 $20,000 ? 97 $2,400,000 pg551-552 ? 117 YES / YES ? 7 TRUE g 645 - chapter 13 16 TRUE 652 25 all of the above
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Unformatted text preview: pg639-641 Page question found on The difference between the LIFO inv. and the amt. used for internal reporting purposes Debit inv. For $2.2, debit Est. Liabl. On purchase committ for $300K Assets not currently undergoing the activities necessary to prepare them for their intented use capitialized if it increases the quantity of units produced by the machine service life refers to the time an asset will be used by a co. and physical life refers to how long the asset will last 33 pg638 56 all of the above pg648 69 included in the carrying amt of the related long-lived asset pg 659 99 $300,000 pg642 ? 107 $67,200; $96,000 pg648-651 112 Assets decrease $64,4120 and Liab increase $20,590 129 $22,500 Liquidatin is reasonably expected to require use of existing resources classified as C/A or creat other C/L...
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This note was uploaded on 07/27/2011 for the course ACCT 102 taught by Professor Huxhold during the Spring '11 term at UCSD.

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