Examination Questions ..
Examination Questions ..
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30.00 " tt u . . 40.00 " U ii .. 3S.OO" u u .. 95.00 (t u .. 105.00 U li At- 1 .• 95.50 Digitized by Google OF EXAMINERS OF PUBLIC ACCOUNTANTS 6l From sale of rights: To subscribe for new issue of railroad stock $1,200.00 From rentals of houses 8,000.00 From sale of 2 properties 4,600.00 The following payments have been made by him: Funeral expenses $ 250.00 Debts of decedent 2,200.00 Taxes on real estate 2,035.00 Water rents 450.00 Mortgages on 2 properties, sold 2,000.00 Interest on mortgages... 2,500.00 Repairs real estate 450.00 Prepare an inventory and appraisement of estate on basis of values stated, and final account of the executor on above statement.
4. A manufacturer is desirous of selling his business, and furnishes a statement showing the condition of affairs for the past five years as follows : Amount of sales averaging per year $800,000.00 Wages paid " " " 200,000.00 Expenses paid " " " 80,000.00 Raw material purchased " ". 350,000.00 Supplies on hand at present time 40,000.00 Machinery in use at commencement of the 5 years 150,000.00 50% of the above amount has been in use for 10 years previous, and all additions made at cost prices, and nothing marked oflf for depreciation.
What to read after Examination Questions ..?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania State Board of Examiners of Public Accountants to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
30.00 " tt u . . 40.00 " U ii .. 3S.OO" u u .. 95.00 (t u .. 105.00 U li At- 1 .• 95.50 Digitized by Google OF EXAMINERS OF PUBLIC ACCOUNTANTS 6l From sale of rights: To subscribe for new issue of railroad stock $1,200.00 From rentals of houses 8,000.00 From sale of 2 properties 4,600.00 The following payments have been made by him: Funeral expenses $ 250.00 Debts of decedent 2,200.00 Taxes on real estate 2,035.00 Water rents 450.00 Mortgages on 2 properties, sold 2,000.00 Interest on mortgages... 2,500.00 Repairs real estate 450.00 Prepare an inventory and appraisement of estate on basis of values stated, and final account of the executor on above statement.
4. A manufacturer is desirous of selling his business, and furnishes a statement showing the condition of affairs for the past five years as follows : Amount of sales averaging per year $800,000.00 Wages paid " " " 200,000.00 Expenses paid " " " 80,000.00 Raw material purchased " ". 350,000.00 Supplies on hand at present time 40,000.00 Machinery in use at commencement of the 5 years 150,000.00 50% of the above amount has been in use for 10 years previous, and all additions made at cost prices, and nothing marked oflf for depreciation.
What to read after Examination Questions ..?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania State Board of Examiners of Public Accountants to read onlineMoreLess
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