ACCT 556 Week 7 Course Project ( Fanciful Inc ) For more course tutorials visit www . tutorialrank . com
ACCT 556 Week 7 Course Project Fantastic Inc For more course tutorials visit www . tutorialrank . com
1 . A purchase of additional equipment for $ 75,000 is expected on January 1st .
2 . The purchase will be made using $ 50,000 cash and long-term debt will be increased by $ 25,000
Long-Term Debt information : 1 . All long-term debt will have an 8 % annual rate .
2 . A payment of $ 50,000 including BOTH principle and interest will be made on December 31st .
Required : Prepare a cost of goods manufactured schedule , a proforma income statement and proforma balance sheet .
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ACCT 556 Week 7 Course Project ( Fanciful Inc ) For more course tutorials visit www . tutorialrank . com
ACCT 556 Week 7 Course Project ===============================================
ACCT 556 Week 7 Course Project Fantastic Inc For more course tutorials visit www . tutorialrank . com
ACCT 556 Week 7 Course Project Fantastic Inc