Solution Manual for Financial Accounting 11th Edition Robert Libby, Patricia Libby, Complete Chapters 1 - 13, Verified Newest Version

TEST BANK
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Financial Accounting, 11th Edition
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by Robert Libby, Patricia Libby, Frank Hodge, All Chapters 1-13
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, TABLE OF CONTENTS ss ss




CHAPTER 1: Financial Statements and Business Decisions
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Focus Company: Le-Nature’s Inc.
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CHAPTER 2: Investing and Financing Decisions and the Accounting System
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Focus Company: Chipotle Mexican Grill
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CHAPTER 3: Operating Decisions and the Accounting System
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Focus Company: Chipotle Mexican Grill
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CHAPTER 4: Adjustments, Financial Statements, and the Closing Process
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Focus Company: Chipotle Mexican Grill
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CHAPTER 5: Communicating and Analyzing Accounting Information
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Focus Company: Apple Inc.
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CHAPTER 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash
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Focus Company: Skechers U.S.A.
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CHAPTER 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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Focus Company: Harley-Davidson, Inc.
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CHAPTER 8: Reporting and Interpreting Property, Plant, and Equipment; Intangibles; and
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Natural Resources
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Focus Company: FedEx Corporation
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CHAPTER 9: Reporting and Interpreting Liabilities
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Focus Company: Starbucks
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CHAPTER 10: Reporting and Interpreting Bond Securities
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Focus Company: Amazon
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,CHAPTER 11: Reporting and Interpreting Stockholders’ Equity
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Focus Company: Microsoft
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CHAPTER 12: Statement of Cash Flows
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Focus Company: National Beverage Corporation
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CHAPTER 13: Analyzing Financial Statements
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Focus Company: The Home Depot
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, CHAPTER 1: Financial Statements and Business Decisions
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Focus Company: Le-Nature’s Inc. ss ss ss




Answers are at the end of each Chapter
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Chapter 1 ss




Student name: ss




1) Determine the missing amounts for each independent case below. Assume the amounts
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shown are at the end of the company's first year of operation.
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Company Total Total Total Total NetIncome s Stockholders ' ss


Name
ss ss Revenue Assets
ss ss Expenses Liabilitie
ss (Loss) ss Equity
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s
Randolph $ $ $ $
600,00
ss 450,00
ss 350,00
ss 130,000
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0 0 0
Newman $ $ $ $ 75,000
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105,00
ss 80,000
ss 10,000
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0
Wiseman $ $ $(30,000 $ 100,000
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190,00
ss 70,000
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0
Martin $ $ $ $
180,00
ss 215,00
ss 115,00
ss 75,000
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0 0 0
VanTasse $ $ $ $ 79,000
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l 55,000 75,000 19,000