McCormick and Company, Incorporated reported the following in its 2012 Annual Report: Analyze: 1. Based on the

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McCormick and Company, Incorporated reported the following in its 2012 Annual Report:

McCormick and Company, Incorporated reported the following in its 2012

Analyze:
1. Based on the information presented above, which categories might require adjusting entries at the end of an operating period?
2. List the potential adjusting entries. Disregard dollar amounts.
3. By what percentage did McCormick's cash and cash equivalents increase from 2011 to 2012?

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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