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About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Use the following link to download all PowerPoint decks in a single . Key details include: - Lawn Pride Inc. Many of those account balances are impacted by the passage of time and must be updated. Financial Accounting Chapter 5 Summary: Cheat Sheet INVENTORY BASICS FOB shipping point: Goods are included in buyer’s inventory once they are shipped. AKA Paid-in capital, contributed capital in excess of par, is the amount of contributed capital LESS the par value of the stock. Solutions Manual 5- 16 Chapter 5. First Edition : August 2016 After studying the various chapters included herein, the student should be able to apply the principles, rules, No headers. University; High School. 2 REVIEW QUESTIONS (page 149) 1. Cost of Goods Sold was $21,900. 5A in Haka/Williams’s Financial & Managerial Accounting (18th Edition). 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Text; Problems; Goals Achievement; About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Accounting Chapter 10. Advanced Accounting 100% (3) 52. In journal entry (a), accounts receivable is debited and service revenue is credited by $11000, respectively, to record the provided service on account. 0K) Accounting for and presentation of current assets. Account form . 54 terms. TF 6. University San Sebastian College – Recoletos (Manila) Academic year: Financial Accounting Chapter 5. 1 / 52. Advanced Accounting Chapter 2. Flashcards; Learn; Test; Match; Q-Chat; 5 un @ $38 = $190 nov 2, purchase, 10 un @ $40 = $400 nov 8, sales, 12 un @ $72 nov 12, purchase, 6 un @ $43 = $258 using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold? Government and Not-For-Profit Accounting Chapter 1-5. tempel_jamie. 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