Accounts Receivable: Debit = $900‚ Credit = $900. Cost of Goods Sold: Debit = $590‚ Credit = $590. BE6-5: In its first month of operation‚ Moraine Company purchased 100 units of inventory for $6‚ then 200 units for $7‚ and finally 140 units for $8. At the end of the month‚ 180 units remained. Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO. Explain why this amount is referred to as phantom profit. The company uses the periodic method. The cost
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Unit: 210 Handle Mail Date due: 15/04/14 Unit Aim: this unit is about handling internal and external mail and packages within the service requirements of an organisation. The learner will. 1. Understand security procedures when handling mail or packages. 2. Understand the range of available internal and external mail services. 3. Be able to receive‚ distribute and collect internal and external mail services. 4. Be able to follow procedures for despatching mail or packages. 5. Be able to
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Chapter 7 Case – 7-54 "Going Concern" Please respond to the following: From the e-Activity‚ analyze the auditor’s responsibility to determine if a company can continue as a going concern. From your analysis‚ propose at least two (2) key factors that the auditor should consider when determining an entity’s ability to continue as a going concern. Provide a rationale to support your proposal. SAS 59‚ The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern (AICPA‚ Professional
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This file of IT 210 Week 3 Discussion Questions consists of: DQ 1: Review the definition of control structure on p. 45 in Extended Prelude to Programming: Concepts and Design (2nd ed.). Then‚ think about the pseudocode algorithm you would write for a simple task (making a peanut butter sandwich‚ for example) as well as three simple control structures that could be used to create this algorithm. What do you think is the most difficult part of creating the algorithm? What can you
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PSY 324 Wk 8 Dropbox Assignme 1. What is more useful for computing and understanding a measure of something‚ the average - or - the standard deviation? The Standard deviation is more useful for computing and understanding the measure of something. For example‚ if you know the standard deviation of a test given to a group of students is 5 and the average is 80‚ this tells you much more information than just having the average score. If on the other hand the standard deviation is 20 and
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Question 7 of 9 10.0/ 10.0 Points Where is the major trough over the US in the image below? A.over the Great Plains of the US B.There is no trough in the image. C.over the west coast of the US D.over the southeast US. Answer Key: A Question 8 of 9 10.0/ 10.0 Points In the image of dewpoint temperatures below‚ what region will have enough moisture to sustain severe weather? A.Southeast US northward to Iowa. B.Central Texas C.All of Kansas and Colorado. D.New
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Social Movements James Hodges 2-4-2012 Christine Hooper It appears that as the civil rights movement was developing in the 1960s other minority groups were joining the cause. The American Indians were one of these groups. One specific account of this movement was captured by an article in the New York Times. An American Indian woman living in New York started pushing for the responsible use of traditional Indian customs. She started to organize and promote these traditional customs in an effort
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Subjective Well-Being Tiffany Ferraro September 20‚ 2012 Barbara Newman Psy/220 Subjective well-being is based on an individual’s personal judgment of life satisfaction and emotional experience. In other words‚ subjective well-being or happiness reflects an individual’s perspective of his or her quality of life which relates to the absence of negative experiences as well as the attendance of negative experience. Someone who experiences more positive satisfaction and experiences in their life
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Summarize‚ in 200 to 300 words‚ the four external environmental factors and six internal environmental factors that help organizations achieve optimal function. Include in your response the factors that you feel are most important to the success of a human service organization. The four external environmental factors are: economic factors‚ sociological factors‚ technological factors‚ and political and professional factors. The six internal factors are: organizational purpose‚ mission‚ and
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1 Declare CountAge As Integer 2 Declare SumAge As Float 3 Declare Age As Float 4 Declare ParticipantAverage As Float 5 Set CountAge – 0 6 Set SumAge – 0 7 Write “Enter one age. Enter 0 when done.” 8 Input Age 9 While Age > 0 10 Set CountAge = CountAge + 1 11 Set SumAge = SumAge + Age 12 Write “Enter an participant age. Enter 0 when done.” 13 Input Age 14 End While 15 Set ParticipantAverage = SumAge / CountAge 16 Write “Your age average
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