HW 8 – 1 ACCOUNTS RECEIVABLE JOURNAL ENTRIES Prepare journal entries to record the following transactions: (1) On December 15‚ 2008‚ the company recorded $150‚000 sales on credit. (2) On December 31‚ 2008‚ the company estimated bad debt expenses of $15‚000. (3) On January 12‚ 2009‚ collect $100‚000 worth of accounts receivable. (4) After many collection attempts‚ the Company determined on June 15‚ 2009 that it would not collect $10‚000 in accounts receivables from Pendant Publishing
Premium Accounts receivable Bad debt Debt
material resources to the organization. Managers are required to do planning‚ organizing‚ commanding‚ coordinating and controlling. Fayol’s theory of a management function which is the POCCC allows the organization to have more effective and efficient in goods and services than other competitors. The dynamic and complex work of a manager is based on interpersonal‚ informational and decisional roles. Given the above roles according to Henry Mintzberg‚ the managers are placed in different areas to perform
Premium Management
Corey Minnie‚ Isaac Samek‚ and Sam Tvedt Operations Analysis of Interview We interviewed Brian Rose who has been a store director for more than twenty years. He has been around many HyVees‚ and seen how they run‚ and what is necessary to the successful operation and management of a HyVee store. Background and History of HyVee In 1930 Charles Hyde and David Vrendenburg opened a small store in Baconsfield‚ Iowa. Their goal was to provide “good merchandise‚ appreciative service and low prices”
Premium Supermarket Iowa Customer
WHAT IS THE ROLE OF THE PROJECT MANAGER IN A CONTRACT RESEARCH ORGANIZATION (CRO)? Kim M. Boericke Senior Director‚ Global Project Management inc Research Abstract: In the clinical research setting‚ a project is a unique clinical trial. Within a contract research organization (CRO)‚ a project manager is the: Project team leader‚ primary point of contact for the team and the client‚ client advocate within the CRO‚ manager of project change‚ and internal business development representative
Premium Project management
story of "Greasy Lake" being in the 60’s‚ with the random music of rock n roll‚ reggae and misfit attitudes clearly attributes to Boyles statement of “when it was good to be bad” (Boyle 529). The setting of “Greasy Lake” brings everything out that Boyle is trying to portray in this bad boy story. When we think of “bad” boys hanging around with toothpicks hanging out of their mouths‚ wearing leather jackets‚ drinking‚ smoking and loafing their days away we have that feel of the 60’s in mind
Premium 175 Automobile Feeling
woods | a defenseless person; a naive‚ young person | He’s just a babe in the woods. He needs someone to protect him. | a bad taste in my mouth | a feeling that something is false or unfair‚ a feeling of ill will | I left the meeting with a bad taste in my mouth. There was a lot of dishonesty in the room. | a bad time | a lot of teasing‚ a rough time | The class gave him a bad time about his pink shorts. | a ball-park figure | a number that is near the total; approximate figure | Fifty is a ball-park
Premium
In order to be an effective manager‚ one needs to build a foundation in order to be successful. An effective manager pays attention to many facets of management‚ leadership‚ and learning within the organization. It is important for a manger to be a person that others want to follow. In this essay‚ I will outline what I feel are important aspects in a successful foundation for a management career. Firstly‚ in order to be successful as a manger I will need to build effective interpersonal relationships
Premium Management Psychology
The role of a financial manager is a complex one‚ requiring both an understanding of how the business functions as a whole and specialized financial knowledge. The head of the financial operations is called the chief financial officer (CFO). The structure of the company varies‚ but a financial manager is responsible for the same general things across the board. The manager is responsible for managing the budget. This involves allocating money to different projects and segments so that the business
Premium Finance Investment Economics
due to the Bad Debt Expense estimation being based off 3% of net credit sales instead of the prior years’ estimate of 1.5%. The increase in Bad Debts expense as a result of the increase in estimate materially affected the 2012 earnings. However‚ 2012 had been a great year for earnings‚ so the additional expense did not disturb the earnings growth trend Nebobites’ had experienced in the past. However‚ upon further research‚ Jenny could find no justification for the increase in the Bad Debt Expense
Premium Debt Ethics Morality
Systems 1. Managers give “Snap Awards” for individual and team achievements to their teams when they excel or do something outstanding. These are usually given during the quarterly staff meetings where all employees participate and this is followed by a party. 2. There are Annual Achievement Award under four categories: Most Initiatives Best Customer Orientation Best Team Worker Most Innovative. Managers send nominations every year and a task force of senior managers picks the winners
Premium Management People