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On July 1, 2014, Allied Material Company adopted a stock option plan that granted options to key executives to purchase ...

On December 1, 2014, Universal Coat Company sold 10,000 of its 10%, 15-year, $1,000 face value, nonconvertible bonds with detachable ...

MagTech Inc. requires funding to build a new factory and has decided to raise the additional capital by issuing $850,000 ...

The December 31, 2013, of West Word Corp. is as follows.On April 15, 2014, West Word Corp. called all of ...

On July 1, 2013, when its $1 was selling for $66 per share, Indy Hotels Corp. issued $25,000,000 of 6% ...

Telta Inc. issued $15,000,000 of 12%, 40-year convertible bonds on November 1, 2014, at 97 plus accrued interest. The bonds ...

Kirk and Kirk, Ltd. began operations in July 2013 and reported the following results for each of its first 3 ...

DHR Holding’s accounting records show the following balances on December 31, 2014.12% Preferred stock—$100 par value, outstanding 20,000 shares ...$2,000,000Common ...

Focus Foot Company reported the following amounts in the stockholders’ equity section of its December 31, 2013, balance sheet.Preferred stock, ...

Theobald Ltd. has an internal audit department that primarily focuses on audits of the efficiency and effectiveness of its production ...

The following are selected transactions that may affect stockholders€™ equity.1. Paid the cash declared in a prior year.2. Recorded a ...

Featherbed Surf & Leisure Holidays Ltd. (Featherbed) is a resort company based on Vancouver Island. Its operations include boating, surfing, ...

Godwin, Key & Associates is a small but rapidly growing audit firm. Their success is largely due to the growth ...

One way of getting accounting expertise onto audit committees is to recruit ex-audit firm partners and/or employees onto the board ...

Fellowes and Associates Chartered Accountants is a successful mid-tier accounting firm with a large range of clients across Canada. During ...