3. The following data is available for BOX Corporation at December 31,2014: Ordinary shares, par $10 (authorized 25,000 shares) $ 200,000 Treasury shares (at cost $15 per share)900 Based on the data, how many ordinary shares are outstanding? (A) 25,000 (B) 20,000 (C) 24,940 (D) 19,940

4. ( ) In 2010 Wilkinson Company had net credit sales of $1,125,000. On January 1, 2010, Allowance for Doubtful Accounts had a credit balance of $27,000. During 2010, $45,000 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10% of the balance in receivables (percentage of receivables basis). If the accounts receivable balance at December 31 was $300,000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2010? (A)$30.000(B)$112.500 (C) $ 48,000 (D) $ 45,000

3. The following data is available for BOX Corporation at December 31,2014: Ordinary shares, par $10 (authorized 25,000 shares) $ 200,000 Treasury shares (at cost $15 per share)900 Based on the data, how many ordinary shares are outstanding? (A) 25,000 (B) 20,000 (C) 24,940 (D) 19,940

其他試題

3. The following data is available for BOX Corporation at December 31,2014: Ordinary shares, par $10 (authorized 25,000 shares) $ 200,000 Treasury shares (at cost $15 per share)900 Based on the data, how many ordinary shares are outstanding?
(A) 25,000
(B) 20,000
(C) 24,940
(D) 19,940