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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 20
Review the following excerpt taken from the Walmart consolidated balance sheet as of January 31, 2010.
Analyze:
If the accounting manager reviewed the Transportation Equipment account in the general ledger, what types of information might be listed there? What ending balance would be reflected at January 31, 2010?
Analyze Online: Locate the Web site for Walmart (www.walmartstores.com), which provides an online store for consumers as well as corporate information. Within the Web site, locate the consolidated balance sheet for the current year.
Analyze:
If the accounting manager reviewed the Transportation Equipment account in the general ledger, what types of information might be listed there? What ending balance would be reflected at January 31, 2010?
Analyze Online: Locate the Web site for Walmart (www.walmartstores.com), which provides an online store for consumers as well as corporate information. Within the Web site, locate the consolidated balance sheet for the current year.
Explanation
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Valuation of assets:
As balance sheet r...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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