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Author Question: In recording the adjusting entry for accrued wages, all the accounts involved are decreased. ... (Read 90 times)

lbcchick

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on: Jul 6, 2018
In recording the adjusting entry for accrued wages, all the accounts involved are decreased.
  Indicate whether the statement is true or false

Question 2

Which of the following methods is a logical selection when engaged to value a nonoperating company or a company pending liquidation?
 
  A) net asset value method
  B) dividend payout method
  C) capitalization of earnings method
  D) guideline transaction method


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juliaf

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Reply #1 on: Jul 6, 2018
Answer to Question 1

F

Answer to Question 2

A
Explanation: A) The NAV method is a logical selection when engaged to value a nonoperating company or a company pending liquidation.


lbcchick

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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