6-2 Lewis Corporation* Lewis Corporation had traditionally used the FIFO method of inventory valuation. You are given the information shown in exhibit 1 on transactions during the year affecting Lewis’s inventory account. (The purchases are in sequence during the year. The company uses a periodic inventory method). Exhibit 1 Inventory Transactions 2000-2002--------------------------------------------------- 2000 Beginning Balance 1
Free FIFO and LIFO accounting Inventory Generally Accepted Accounting Principles
Units Unit Cost Total Cost From the Beginning Inventory 1840.00 20.00 36800.00 From the first purchase 600.00 20.25 12150.00 From the second purchase 380.00 21.00 7980.00 2820.00 56930.00 From the Second purchase 420.00 21.00 8820.00 From the third purchase 400.00 21.25 8500.00 From the second purchase 200.00 21.50 4300.00 1020.00 21.20 21620.00 Units Unit Cost Total Cost From the Beginning Inventory 1020.00 21.20 21624.00 From the first purchase 700.00 21.50 15050.00 From the second
Free FIFO and LIFO accounting Inventory
Mr. James Lewis “Jimmy Lewis” MacMillan‚ raised on Lots 11 and 12‚ Concession 5‚ known as Brodie Road and in his teens aided the bricklayer on the house that now stands on that property. After Brodie’s lower school he continued on at Mr. McEwen’s College with his sister‚ Mary Jane. In the winter he went to the bush and logged‚ one such winter he went West to Michigan with his brother‚ Duncan Alpin where he stayed for several years. Then he went further west to Wisconsin to work besides‚ visiting
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February is marked by a celebration of African American contributions and is called Black History Month. To honor the people who made wonderful inventions‚ we researched a variety of people and their inventions. The AfrcianAmercian the I research is Lewis Latimer and he is a magnanimous.He worked for 2 people but different times one of them is Thomas Edison. He invented the carbon filament which you guys can’t live without it is the best invention and the useful one any one build. If you guys don’t
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“The Incredible Journey of Lewis and Clark” Have you ever heard of Lewis and Clark? They made a great trip across America. They discovered new land‚ plants‚ and animals. They also made many friends and enemies along the way. They helped shape America with their trip across it (Gragg 2‚ 5). The two commanders of the trip were Lewis and Clark. They Were the first people of America to go where they are going. Thomas Jefferson was the one who sent them on the trip. At this time they didn’t realize
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Norman Lewis “… One of the discouraging things in my own self-education‚ was the fact that painting pictures didn’t bring about any social change.” – Norman Lewis Norman Lewis‚ leading African American artist and prominent member of the Abstract Expressionism movement‚ was born on July 23‚ 1909‚ in Harlem‚ New York. At an early age‚ Mr. Lewis became keenly aware of racial tension as he and his parents resided in a mostly Italian and Jewish neighborhood. At the age of nine‚ Norman Lewis discovered
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belted it out; we sang much more heartily-much more defiantly-than usual. The headmaster had nowhere to stand; he occupied the center stage- but with nothing to stand behind‚ he looked exposed and unsure of himself. As we roared out the hymn‚ the Rev. Lewis Merrill appeared to gain in confidence-and even in stature. Although he didn’t look exactly comfortable beside the headless Mary Magdalene‚ he stood so close to her that the podium light shone on him‚ too. When we finished the hymn‚ the Rev. Mr. Merrill
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The similarities between the Lewis and Clark expedition of 1803 to 1806 and a manned mission to Mars are not immediately obvious. Meriwether Lewis‚ William Clark and their fellow adventurers never had to deal with the problems of cosmic radiation‚ for instance‚ or the osteoporosis and muscle atrophy caused by spending months in zero gravity. And they had a never-ending supply of air. I expected that a comparison between their trip across the West and a potential space mission wouldn’t be that useful
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Introduction: C.S. Lewis writes about God-love and Gift-love and the differences between both. He starts off describing Need-love. The best I can describe Need-love is in this passage on page 2: "We are born helpless. As soon as we are fully conscious we discover loneliness. We need others physically‚ emotionally‚ intellectually; we need them if we are to know anything‚ even ourselves." We can perceive Need-love to be selfish but as C.S. Lewis uses an example to describe how Need-love is not
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three world records‚ the record in the 4x100m relay wouldn’t be broken until 20 years later. He also became the first American track and field athlete to win four gold medals in a single Olympiad until the 1984 Olympics Games in Los Angeles‚ when Carl Lewis matched Jesse’s feat. He was “the darling of the German crowd‚ but readers of the Atlanta Constitution and other newspapers of the white American South did not see any picture of him‚ while most of the German press celebrated him as much as warranted
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