Financial Accounting 6th Edition

Verizon Communications Inc. provides the following balance sheet (excerpted and abbreviated) and discussion and disclosure of leases: The aggregate minimum […]

Apple Inc. provides the following dis closure in the notes to its 2018 financial statements: Other Off-Balance-Sheet Commitments Unconditional Purchase

Under Armour, Inc., provides the following disclosure in the notes to its 2018 financial statements: 7. Commitments and Contingencies (excerpts

Nike, Inc., reports the following tax information in the notes to its 2018 financial report. Income before income taxes is

United Continental Holdings, Inc., did not adopt the new lease standard in 2018 but provides the following disclosure its 2018

Early in January 2019, Oler, Inc., purchased equipment costing $16,000. The equipment had a 2-year useful life and was depreciated

Fisk. Inc., purchased $600.000 of construction equipment on January1, 2019. The equipment is being depreciated on a straight-line basis over

On January 2, 2019, Verdi Company acquired a machine for $85,000. In addition to the purchase price, Verdi spent $2,000

Sloan Company uses its own executive charter plane that originally cost $800,000. It has recorded straight-line depreciation on the plane

Zeibart Company purchases equipment for $225,000 on July1, 2016, with an estimated useful life of 10 years and expected salvage