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
Premium Inventory Internal control
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
Premium Auditor's report Auditing Balance sheet
Organism Physiology: The Octopus Bio/101 The cephalopodor octopus is a marine organism that inhabits many diverse regions of the ocean. Its food source consists of crabs‚ small fish‚ clams‚ mussels and other marine animals. The octopus is a predatory animal and has developed many skills to aid in its survival in the environment it has adapted to. The octopus has several main organs that are vital to its survival; the brain for its intelligence; the ink sack for its defense; and the arms for
Premium Brain
References: Bipolar disorder. National Institute of Mental Health. http://www.nimh.nih.gov/health/publications/bipolar-disorder/ Retrieved on February 20‚ 2013. Hall-Flavin DK (expert opinion). Mayo Clinic‚ Rochester‚ Minn. Nov. 8‚ 2011. Hirschfeld RM. Psychiatric Management‚ from "Guideline Watch: Practice Guideline for the Treatment of Patients with Bipolar Disorder‚ 2nd Edition". http://www.psychiatryonline.com/ Retrieved on February 20‚ 2013. Lenzenwenger‚ M.F.‚ Lane‚ M
Premium Bipolar disorder
David "" Analysis and Structure It is obvious that Michelangelo was meticulous when creating this sculpture. His sculpture‚ David‚ must have been done after studying the human form a great deal. The lines he has used are very natural‚ and though his figure is rather chiseled‚ the lines seem very gentle. Michelangelo has paid special attention to shape. Every ligament‚ muscle and bone seems as though it is alive. I especially noticed the shape of the legs‚ the back of the knees particularly. The muscle
Free Renaissance Florence Sculpture
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
Premium Statistics Arithmetic mean Spearman's rank correlation coefficient
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
Premium United States Thunderstorm Wind
Week 3‚ Checkpoint‚ Sequential and Selection Process Control Structure Payroll tax Calculation System Requirements -Salary Range 1 is 0.00 -1‚499.99 -Salary Range 2 is 1‚500.00-2‚999.99 -Salary Range 3 is 3‚000.00-4‚999.99 -Salary Range 4 is 5‚000.00-7‚999.99 -Salary Range 5 is 8‚000.00-14‚999.99 -If the Salary Range is greater than 0.00‚ then the tax base is 0.00 plus 15% of the amount over 0.00 (amount-0.00*15%+0.00) -If the Salary Range is greater than 1‚500.00‚ then the tax base is
Premium
the employee competencies‚ at the period of recruitment‚ training and selection they need to reinforce rather than conflict with one another. External alignment comply with regulatory issues and cope with environmental factor. Company more focus on three primary HR activities to meet their organizational demand. Company faces organizational demand from culture‚ company strategy‚ where environmental factor are labor force trend‚ ethics‚ company characteristics and regulatory issues. So new HR manager
Premium Human resource management Management Strategic management
Idealistic Perfection in Sculpture: Khafre Enthroned to Kritios Boy Early Egyptian art from the Old Kingdom‚ ca. 2575-2134 BCE‚ demonstrates uniform structure. Egyptian artists and sculptors adhered to a system of strict rules known as canon to create this consistency. The Egyptian canon suggested perfection to be a rigid‚ ageless idealization of reality. Roughly 1‚500 years later‚ a progressive canon emerged in Greek art reflecting new ideals of perfection. Greek art beginning in the Early Classical
Premium Sculpture Art