Splish Brothers Inc. had the following transactions. 1. Sold land (cost $8,160) for $10,200. 2. Issued common stock at par for $21,900. 3. Recorded depreciation on buildings for $15,300. 4. Paid salaries of $6,600. 5. Issued 1,400 shares of $1 par value common stock for equipment worth $9,800. 6. Sold equipment (cost $14,700, accumulated depreciation $10,290) for $1,764. (a) For each transaction above, prepare the journal entry

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?