【单选题】Alamo Inc. had $300 million in taxable income for the current year. Alamo also had a decrease in deferred tax assets of $30 million and an increase in deferred tax liabilities of $60 million. The comp...
【单选题】In making adjusting entries at the end of its accounting period, Chao Consulting failed to record $3,200 of insurance coverage that had expired. This $3,200 cost had been initially debited to the Pre...
【简答题】A company in China exported a batch of goods on FOB basis. The buyer requests Chinese exporter charter the liner in the name of the buyer. And the buyer stated that they would bear all the freight and...
【简答题】QS 3-2 (C2) In its first year of operations, Roma Co. earned $45,000 in revenues and received $37,000 cash from these customers. The company incurred expenses of $25,500 but had not paid $5,250 of th...
【简答题】(1)Volkswagen surprises markets last Thursday by more than doubling its second-quarter operating profit.2)The company also increased its cash reserves to a level described by one yst as 'exception...
【单选题】A company had credit sales of $30,000 and cash sales of $20,000 during the month of May. Also during May, the company paid wages of $21,000 and utilities of $8,000. It also received payments from cust...