Cash $7,700 Petty Cash Fund 100 Notes Receivable 2,000 Accounts Receivable 13,500 Allowance for Doubtful Accounts $1,100 Merchandise Inventory 51,000 Office Supplies 450 Prepaid Insurance 1,900 Land 8,000 Building 28,000 Accum. Depr. -- Building 7,000 Store Equipment 6,500 Accum. Depr. -- Store Equipment 2,500 Office Equipment 4,500 Accum. Depr. -- Office Equipment 1,500 Notes Payable -- Short-Term 12,500 Accounts Payable 16,500 Interest Payable 400 Retained Earnings 56,150 Mortgage Payable 26,000 Total 123,650 123,650. What is the amount of the net realized value for accounts receivable. What is the amount of the net book value for store equipment?What is the amount of the total current assets?

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?