Fundamental Managerial Accounting Concepts
Fundamental Managerial Accounting Concepts
7th Edition
ISBN: 9780078025655
Author: Thomas P Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip R Olds
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 11, Problem 17PSA

a.

To determine

The events that are recorded in a horizontal statements model.

b.

To determine

The schedule of cost of goods manufactured and sold, income statement and balance sheet for Company NM for 2013, 2014 and 2015.

c.

To determine

Closing the appropriate accounts.

d.

To determine

The requirements from part A to C for the years 2014 and 2015.

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Fundamental Managerial Accounting Concepts

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