Copyright © 2011 John Wiley & Sons‚ Inc. Weygandt‚ Accounting Principles‚ 10/e‚ Solutions Manual (For Instructor Use Only) 1-33 PROBLEM 1-1B (a) VINCE’S TRAVEL AGENCY | | | | | | | | | | | | | Owner’s Equity | | | Cash | + | AccountsReceivable | + | Supplies | + | Equipment | = | AccountsPayable | + | Owner’sCapital | – | Owner’s Drawings | + | Revenues | – | Expenses | | | | | | | | | | | | | | | | | | | | 1.2.3.4.5.6.7.8.9.10. | | +$15
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Course Project This paper analyzes a fictional privately held company‚ Smackey Dog Foods‚ Inc. as well as its fictional auditor‚ Keller CPAs. The analysis is based on a Keller Graduate School of Management scenario and a series of questions developed to address concepts learned throughout the External Auditing course. Concepts include: SEC influence‚ audit planning‚ audit stages‚ internal controls‚ confirmations‚ sample size‚ obtaining evidence‚ inventory‚ warehousing cycles‚ Professional Rules of
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Distinguish between internal and external sources of funds. Do corporations rely more on external or internal funds as sources of financing? Question 1 of 20 5.0/ 5.0 Points Which transaction would be recorded in a cash basis system of accounting? A.Purchase of equipment by signing a note B.Purchase of supplies on credit C.Sale of goods against a note Correct D.Sale of goods for cash Answer Key: D Question 2 of 20 0.0/ 5.0 Points The credit terms of a sale are normally
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ASSIGNMENT Accounting Manager Decision Making Submitted by: Ashish Lakhani Submitted to: Tariq Shameem Case 5-35 | (a) | Stage 1: Allocation of S1 and S2 costs to production departments | | | | Department P1 | Department P2 | | | Directly traceable | $480‚000 | $780‚000 | | | S1 | 1‚176‚000 × = 420‚000 | 1‚176‚000 × = 756‚000 | | | | | | | | S2 | 1‚120‚000 × = 280‚000 | 1‚120‚000 × = 840‚000 | | | | | | | | Total support | $1‚180‚000 | $2
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Multiple Choice (12 marks) Choose the best answer for each of the following 8 multiple choice questions. Circle your answer directly on the quiz booklet. Only one answer will be accepted for each multiple choice question. There is no penalty for guessing. Question No. 1 (2 marks) Bobcat Company uses a job-order costing system. During April‚ the following costs appeared in the Work in Process Inventory account: Beginning balance $ 24‚000 Direct material used 70‚000 Direct labor incurred 60
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Microsoft’s Financial Reporting Strategy The case at hand is primarily to discuss the financial reporting strategy adopted by Microsoft Inc. for the period 1996-1999 and the subsequent litigation that arose out of the accounting practice followed by Microsoft. Microsoft’s primary operations has been developing and manufacturing of the software products. As a company‚ it has shown a very stable growth in terms of revenues and profits‚ thus enabling better than industry share price increase over
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Core competencies of Microsoft: Microsoft offers competitive advantage through technology innovation by delivering the right services at the right time by strengthening IT as strategically focused and business aligned organization. Microsoft technology strategy service enables business innovation and helps the company’s competitive advantage. Microsoft’s core competencies can be divided into seven main categories which include the following: * Windows operating system * Business solutions
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Principles of Marketing | Assignment 1 | Submitted to Mr. Hasan Javid | By Sultan Lashari ( 10k – 2629 ) 9/16/2011 | Contents S.W.O.T Analysis of ORACLE 4 Strengths: 4 Weaknesses: 4 Opportunities: 5 Threats: 5 S.W.O.T Analysis of SAP AG 6 Strengths: 6 Weaknesses: 6 Opportunities: 7 Threats: 7 Oracle provides the world’s most complete‚ open‚ and integrated business software and hardware systems‚ with more than 370‚000 customers—including 100 of the Fortune 100—representing a variety
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Milosevic 1 Marko Milosevic MGMT 300-03 Professor Kaplan 23 September 2014 Microsoft Trends Microsoft is of course‚ a very successful company who’s been around for a very long time. However‚ as with any business‚ Microsoft has made its share of mistakes and has had its issues as well. One mistake that Microsoft most certainly made was that it did not go mobile. The mobile industry is a massive one and many of Microsoft’s competitors are leaders in it. Companies such as Samsung and Apple are dominant
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practices? Microsoft pursued human resources policies and practices that would address the critical psychological states‚ namely‚ experienced meaningfulness‚ experienced responsibility‚ and knowledge of results‚ of its employees. By doing so‚ they aimed high internal work motivation‚ high work performance and high satisfaction on the job. Microsoft hired people with already high growth need. They were newly college graduates with high motivation seeking self-achievement. Microsoft also hired those
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