This work of XACC 280 Week 5 Discussion Question 1 contains: What are reversing entries and why are they required? What would happen if reversing entries were not made? What transactions might require reversing entries? What transactions might not require reversing entries? Business - Accounting ACC 280 Week 1 Individual Assignment Financial Statements Paper ACC 280 Week 2 Individual Assignment Ch. 1‚ 2‚ 7 Textbook Exercises ACC 280 Week 2 Learning Team Assignment
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One of the best ways to learn about how various human service organizations meet human needs is to research and study agencies within your city or state. Resources: Appendixes B‚ C‚ & G Compile a list of the human service agencies in your city or state. Choose two agencies from your list. Research and study the available information for each agency‚ obtained from the agency’s Web site or other credible Internet sources. Search for information about how the agency determines needs and the
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and I agreed. We had arranged to do so on Wednesday‚ December 7 as it would be less strenuous on her time schedule. This was to give her the opportunity to complete her required closing processes‚ while demonstrating to them that I was competent with my allotted tasks by completing them in the time requested. She and Mr. Rackers had accepted my proposal. As the day came‚ she was resolving an issue from the previous accounting week‚ and was speaking with Mr. Whittaker about invoicing. After speaking
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Week 3 DQ Organization is a social unit of people that is structured and managed to meet a need or to pursue collective goals. (Businessdictionary.com) Organization as a structure distributes responsibilities among the members of the company (child 2005‚ p.6). By allocating people and recourses to the necessary tasks and designating responsibilities‚ the organization contributes to the successful implementations of its goals. While organization as a process focus more closely on behaviors
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P9-7A The intangible assets section of Redeker Company at December 31‚ 2011‚ is presented below. Patent ($70‚000 cost less $7‚000 amortization) $63‚000 Franchise ($48‚000 cost less $19‚200 amortization) 28‚800 * Total $91‚800 * The patent was acquired in January 2011 and has a useful life of 10 years. The franchise was acquired in January 2008 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2012. Jan. 2 Paid $45‚000
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13. Use this information to calculate the following: Sales returns $ 700 Rent expense 1‚288 Sales discounts 950 Depreciation expense 600 Cost of merchandise sold 7‚600 Gross sales 20‚900 Advertising expense 1‚650 Salary expense 2‚900 Heat expense 900 A. Net sales B. Gross profit C. Total operating expenses D. Net Income 14.A truck costing $25‚000 with a residual value of $5‚000 was purchased by Rim Corporation. The truck’s estimated life is 10 years. At the end of Year 2‚ what is the book
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A. 1. Net Operating Profit after Taxes (Operating Income x (1-Tax Rate) NOPAT for 2011 = 108.6 (1-.40) =$65.16 2. Net Operating Working Capital for 2011 is calculated through Taking your Current Assets less – Non-Interest Bearing Current Liabilities NOWC for 2011 = ($5.6 + $56.2 + $112.4) – ($11.2 + $28.1) = $134.9 million. 3. Net Capital for 2011 is calculated the sum of NOWC (already shown as) 134.9 million + Net Fixed Assets (2011 Projected PP&E) of 397.5 = Net Capital for 2011 of = $134
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Positive and Negative Emotions Check Point Positive emotions are healthy for us‚ both physically and mentally. Negative emotions that we may be having can be offset by positive emotions such as cheerfulness‚ joy and contentment. Positive emotions have effects that last longer than the effects of negative emotions. Certain positive emotions‚ such as joy‚ may lead to other positive emotions‚ which may lead to physical activity‚ creativity‚ and intellectual stimulation. Experiencing positive
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xx/xx/xxxx xacc/280 week 8 Checkpoint The collapse of Enron back in 2001 shows a number of unethical practice. This company shows unethical practice in accounting as well as business. This company is a perfect example on how unethical behavior of a few people can affect millions of individuals. This also affected these individuals for many years after. Enron was the first business to have nationwide gas pipeline networks. On November 8‚ 2001 Enron made an announcement in a SEC filing that
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In the file ACC 291 Week 5 Huffman Trucking you will find overview of the following parts: Memo Huffman Trucking Liquidity Ratios Huffman Trucking Profitability Ratios Huffman Trucking Solvency Ratios Business - Accounting ACC 291 Week 5 Huffman Trucking Project Paper Week Five Assignment Project Overview Huffman Trucking is a large organization that provides transportation of goods and services to its customers. In order to better serve these customers and
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