Entries by John

Group Presentation & Case Study

Part 010- Group Presentation & Case Study Blackberry Hill Farm “Six years ago I had never heard of agri-tourism. As far as I was concerned, I had inherited the farm and I would be a farmer all my life.”(Jim Walker, Blackberry Hill Farm) The ‘agri-tourism’ that Jim was referring to is ‘a commercial enterprise at […]

What is the balance in the cash short/over account (DR or CR & $ amount)? Is it a revenue or an expense?Balance in Cash Short/Over?

Title:McGraw Hill Connect, chapters 8, 9,10 and 11 EXAMPLE HERE OF CHAPTER 8 HERE: Question Detail: Exercise 8-6 Petty cash fund accounting L.O. P2[The following information applies to the questions displayed below.]NetPerks Co. establishes a $200 petty cash fund on January 1. On January 8, the fund shows $28 in cash along with receipts for […]

Whiteside Corporation issues $590,000 of 9% bonds, due in 13 years, with interest payable semiannually. At the time of issue, the annual market rate for such bonds is 10%. Compute the issue price of the bonds.

Whiteside Corporation issues $590,000 of 9% bonds, due in 13 years, with interest payable semiannually. At the time of issue, the annual market rate for such bonds is 10%. Compute the issue price of the bonds. (Use the present value tables in the text. Round your answer to zero decimal places, e.g. 2,510.) $ Kraft Enterprises […]