... pertains to Baron Flowers, a calendarayear sole proprietorship, which maintained its books on the cash basis during the year. ... The bank is requesting year 2 financial statements prepared on the accrual basis ofaccounting from Baron. ... :PWPEa The inventory totaled $72, 800 based on a physical count ofthe goods at December 31, year 2. ... Baron also receives $250 per week for living expenses.
|Title||:||Wiley CPA Examination Review 2013-2014, Problems and Solutions|
|Author||:||O. Ray Whittington|
|Publisher||:||John Wiley & Sons - 2013-06-21|