Accrued Employees Health Insura Interest Expense 5 Lease Obligation Reduced by

Accrued employees health insura interest expense 5

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Accrued Employees Health Insura Interest Expense 5% Lease Obligation Reduced by Equipment Rent Expense · The company is currently employing 60, and actua · The estimated cost of retired employees’ health in
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Discounted Amt $ 952.38 $ 1,859.42 $ 2,723.24 $ 3,545.96 $ 4,329.48 $ 5,075.70 Total $ 18,486.18 Balance Straight Line Depreciation Enter: $ 86,589.51 101,513.82 $ 70,918.99 - $ 54,464.94 101,513.82 $ 37,188.18 6 $ 19,047.62 Output: $ 0.00 16,918.97 Purchase price Salvage value Depreciab le value Life (in years) Depreciati on expense HOME
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Lease Obligation $ 106,589.54 $ 86,589.54 $ 70,919.02 $ 54,464.97 $ 37,188.22 $ 19,047.63 - mmediate payment of $20,000. Because they make a payment at the start, it's a 6 year 5% annuity due. ey should capitalize the asset at $106,590 (20,000 X 5.3295) with a credit to lease obligation. is neither interest nor deprciation on the day they sign the lease. e obligation by $20,000. $ 106,589.40 e obligation asset and liability $ 20,000.00 unt. Lease obligation would have been correct account 107,041.70 107,041.70 43,718.91 rance 43,718.91 aries estimate that the company has a pension liability of $107,041.70. nsurance is $43,718.91.
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Southern New Hampshire University ACC309 - Intermediate Accounting III IMPORTANT NOTE: This page contains new information the must be included in the final project but has not been in miles ITEMS TO COMPLETE FOR THIS MILESTONE: GENERAL ADJUSTING ENTRIES Prepare appropriate adjusting entries for patent Prepare appropriate adjusting entries for capitalization of machine repair ADJUSTED TRIAL BALANCE Prepare the adjusted trial balance REVISED FINANCIAL STATEMENTS Prepare a revised income statement - include comprehensive income Prepare a revised retained earnings statement Prepare a revised balance sheet EARNINGS PER SHARE Determine the impact on earnings per share caused by each expansion plan option INSTRUCTIONS FOR FINAL (Due Week 7) Make sure to completely review the Rubric for Final Project In preparation of the annual audit, prepare appropriate adjusting entries and post to the trial balance w adjusted trial balance and the preliminary 2017 statements (yellow tabs) to prepare revised financial statem Calculate the impact on earnings per share that the expansion options will cause. (Orange tabs) NOTES TO THE FINANCIAL STATEMENTS - Prepare in a Word document - see the rubric for final project A. Compose appropriate footnotes within a statement of comprehensive income in accordance w standards, such as GAAP, International Financial Reporting Standards, and SEC, as applicable. MANAGEMENT BRIEF - Prepare in a Word document - see the rubric for final project
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FINANCIAL INFORMATION FOR THIS MILESTONE Stockholder Equity / Earnings per share Other Items I. Evaluate the company’s current performance based on the outcomes of relevant ratio analysis. J. Discuss types of accounting changes encountered and when retrospective and prospective approac K. Predict the impact of new credit policies or a change in product or markets based on relevant ratio L. Discuss relevant accounting standards for informing the company’s financial reporting strategies.
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  • Balance Sheet, Generally Accepted Accounting Principles, Peyton

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