Excellence in Business Communication (12th Edition)
Excellence in Business Communication (12th Edition)
12th Edition
ISBN: 9780134319056
Author: John V. Thill, Courtland L. Bovee
Publisher: PEARSON
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Chapter 13, Problem 9LOC
Summary Introduction

To determine:

What steps should be taken if a proposal in response to an RFP is made and does not include instructions to refer to it then?

Introduction:

RFPs have many instructions that should be followed as promised and if there are none for certain procedures other alternatives need to be taken.

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Harrison Home Maintenance bought equipment for $12,600 on January 1, 2020. It has an estimated useful life of six years and zero residual value. Harrison uses the straight-line method to calculate depreciation and records depreciation expense at the end of every month. As of June 30, 2020, the book value of this equipment shown on its balance sheet will be: A. $11,550 B. $12,600 C. $13,710 D. $12,930
Please provide solution this general accounting question
Which of the following situations does NOT include a debit to retained earnings?ARetirement of treasury stock repurchased for $42,000 from shareholders who purchased them for $40,000.                                       B Retirement of treasury stock repurchased for $40,000 from shareholders who purchased them for $32,000.C  Conversion of preferred shares that were issued for $40,000 cash into common shares with a total par value of $32,000.DConversion of preferred shares that were issued for $32,000 cash into common shares with a total par value of $40,000.
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