sub-group each account belongs Arrange the accounts in proper order and functionality Prepare a Comprehensive Balance Sheet in good form Prepare a Single-step Income Statement in good form Put the course project in the dropbox for the project in week 8 Grading Rubrics Category Points % Description Making proper selection of accounts relative to the balance sheet or the income statement 20 20 From the provided listing of accounts determine which accounts are Balance Sheet accounts and
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Chapter 1. 5. What does the statement “costs can be assets or expenses” mean? 6. Why are the salaries of production workers accumulated in an inventory account instead of being expensed on the income statement? 7. How do product costs affect the financial statements? How does the classification of product cost (as an asset vs. an expense) affect net income? ATC 1-1 | Business Applications Case | Financial versus managerial accounting | The following information was taken from the 2008
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Ethics in Public Administration: Week 2 Assignment Case Study 1 Isabel Carter PADM505 October 19‚ 2014 Kennedy Maranga Dennis the city Manager is working late and he catches his new Budget Director Susan in a compromising situation with the Assistant City Manager. The employee policy prohibits this type of behavior between their employees. According to the City Code of Ethics this type of behavior is unacceptable and calls for dismissal. Ethics is not the act of controlling co-workers behavior
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Accounting 525 01W‚ 02W and 03W Advanced Managerial Accounting Spring 2013 Instructor: Class Hours: Online Course Office Hours: Online Course Class meeting dates: January 14th – May 10th Text: Managerial Accounting‚ 14th ed.‚ by Garrison‚ Noreen and Brewer. ISBN 9780077503932 (Hard cover bundle – text and Connect access) or 9780077909703 (Loose leaf bundle) or 9780077317751 (electronic Connect Plus with on line text) Prerequisites:
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• Consolidation journals are posted into the consolidation worksheet in “adjustment” columns as follows: Extract only Parent P Ltd. $’000 Subsidiary S Ltd. $’000 Adjustments DR Lecture 9 part b Consolidation: Wholly owned subsidiaries Prepared by Emma Holmes and Rick Newby Land Invt in S Ltd Receivables Cash 400 120 200 40 760 150 Share capital Retained earnings Creditors 500 160 100 760 100 20 50 170 Cons. Balances CR XX XX XX
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Hayley Wicks ACCT 540 Week 4: Course Project (Case 1) Typically‚ hedging strategies are implemented as a means of protection. The dictionary tells us that hedging strategies involve making counterbalancing investments in order to avoid a loss. With regards to the futures market‚ hedging strategies involve a position in the market that is the opposite of an entity’s current position. Any gain or loss in the cash market is usually followed by a counterbalanced effect in the futures market since the
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It’s an important event; but it’s not a financial transaction. It’s not until the end of the month when you either pay the employee or accrue salaries payable that you make a transaction on the books. April 3 Supplies 700 Account Payable 700 April 7 Rent Expense 600 Cash 600 April 11 Account Receivable 1‚100 Service Revenue 1‚100 April 12 Cash 3‚200 Unearned Revenue 3‚200 April 17 Cash 2‚300 Revenue 2‚300 April 21 Insurance Expense 110 Cash 110 April 30 Salaries Expense
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Wiley PLUS Exercises – ACC/ 561 Accounting Week 5: Exercises E 20-2‚ E20-5‚ Brief Exercise BE21-4‚ and Exercise E22-5 E 20-2: Zeller Electronics Inc. produces and sells two models of pocket calculators‚ XQ- 103 and XQ-104. The calculators sell for $12 and $25‚ respectively. Because of the intense competition Zeller faces‚ management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows. Reference Study Objective 03
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MARK 2028: MARKETING FINANCIAL SERVICES GROUP PROJECT Case (30%) –Winter 2014 Learning Objectives: 1. Synthesize and apply all program concepts learned to date. 2. Continue to refine interpersonal/team skills‚ presentation skills and critical thinking. INSTRUCTIONS: Written Marketing Plan (Worth 20% of final grade) Using the concepts discussed in this course‚ develop a high-level marketing plan for the case provided. Page 5 outlines the rubric to follow to prepare your written plan. A
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capital stock‚ $20‚000. 2. Purchased supplies for cash‚ $900. 3. Paid rent for October‚ $3‚000. 4. Paid advertising expense‚ $2‚500. 5. Received cash for providing delivery services‚ $23‚100. 6. Billed customers for delivery services on account‚ $41‚750. 7. Paid creditors on account‚ $4‚500. 8. Received cash from customers on account‚ $36‚200. 9. Determined that the cost of supplies on hand was $175 and $725 of supplies had been used during the month. 10. Paid dividends‚ $1‚000. Indicate the effect of
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