CORPORATE FINANCIAL REPORTING PROBLEMS WebCT

CORPORATE FINANCIAL REPORTING PROBLEMS WebCT - 7....

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CORPORATE FINANCIAL REPORTING PROBLEM PROBLEM #1 Describe in which financial statement each of the following would appear and why. 1. Issuance of shares 2. Purchase of raw materials for production 3. Sales to customers 4. Obtaining a bank loan 5. Organizing a firm-wide volunteer day (employees donate their time to the community organization for free) 6. Management’s presentation of opportunities and growth prospects for the future
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Unformatted text preview: 7. Description of significant accounting policies used in preparation of the financial statements 8. Payment of interest costs 9. Payment of income taxes 10. Purchase of manufacturing equipment 11. Sale of land 12. Payment of a dividend to shareholders...
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This note was uploaded on 11/23/2011 for the course MGCR 2049 taught by Professor Edwardbierbrier during the Fall '10 term at McGill.

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