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