Oregon Logging Co. purchased an electronic saw to cut various types and sizes of logs. The saw had a list price of $160,000. October 14, 2019 Read More »
Discuss the potential for Derwent being classified as a subsidiary of Ord. View Solution: Ord Inc owns 40 of the shares of Derwent Co October 14, 2019 Read More »
Ottawa Rafting Inc. reported pretax accounting income of $200,000 for its 2014 fiscal year. IFRS revenue recognition criteria prohibited the recognition of revenue associated with $15,000 October 14, 2019 Read More »
Osoyoos Inc. is a manufacturer of sports equipment. The company is privately owned by the Osoyoos family. Some family members help run the company but most are simply shareholders. October 14, 2019 Read More »
Outback Cycles, Inc., reported a number of special items on its income statement. The following data, listed in no particular order October 14, 2019 Read More »
Outdoor’s Best pre-sells yard maintenance packages for the gardening season. During October, the company collects cash from clients for Christmas trees to be delivered in December. October 14, 2019 Read More »