PART I. Identify to which note the info belongs to. A. ORGANIZATION E CREDITOR CLAIMS B....
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PART I. Identify to which note the info belongs to. A. ORGANIZATION E CREDITOR CLAIMS B. ACCOUNTING POLICIES F. COMMITMENTS C. RELATED PARTY D. SUBSEQUENT EVENTS با F L * L 1) Accounts receivable stockholder. 2) Accounts presented at Net Realizable Value> -15) Demand from a client event before Balance Sheet date. 16) Inventory stated at lower of cost or market. 17) Edwin Gonzalez majority stockholder and president.. 18) Lease has a bargain purchase option. 19) Mortgage installments $2,000. 20) Corporation organized in Delaware. EV 3) Demand from a client after balance sheet date. 4) Loan from the company president for $20.000. 5) Lease term 10 years. 6) Mortgage collateralized with plot of land. 7) Equipment depreciated using the straight line method. 8) Accrual basis of accounting. 9) Company located at Lote Industrial Corujo. 10) Mortgage interest 10%. 11) Lease payment $5,000. 12) Company engaged in security business. 13) Company A a wholly owned subsidiary of the creditor. 14) Edwin Gonzalez majority stockholder. 21) Loan inception January 1, 2010. 22) Expenses that extends assets life are capitalized. 23) Loan from officer does not include interest. 24) Expenses that increase value are capitalized. 25) The company is a domestic corporation. PART I. Identify to which note the info belongs to. A. ORGANIZATION E CREDITOR CLAIMS B. ACCOUNTING POLICIES F. COMMITMENTS C. RELATED PARTY D. SUBSEQUENT EVENTS با F L * L 1) Accounts receivable stockholder. 2) Accounts presented at Net Realizable Value> -15) Demand from a client event before Balance Sheet date. 16) Inventory stated at lower of cost or market. 17) Edwin Gonzalez majority stockholder and president.. 18) Lease has a bargain purchase option. 19) Mortgage installments $2,000. 20) Corporation organized in Delaware. EV 3) Demand from a client after balance sheet date. 4) Loan from the company president for $20.000. 5) Lease term 10 years. 6) Mortgage collateralized with plot of land. 7) Equipment depreciated using the straight line method. 8) Accrual basis of accounting. 9) Company located at Lote Industrial Corujo. 10) Mortgage interest 10%. 11) Lease payment $5,000. 12) Company engaged in security business. 13) Company A a wholly owned subsidiary of the creditor. 14) Edwin Gonzalez majority stockholder. 21) Loan inception January 1, 2010. 22) Expenses that extends assets life are capitalized. 23) Loan from officer does not include interest. 24) Expenses that increase value are capitalized. 25) The company is a domestic corporation.
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1 Accounts receivable stockholder C RELATED PARTY The mention of a stockholder suggests a relationship with the organization indicating a related party transaction 2 Accounts presented at Net Realizab... View the full answer
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Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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