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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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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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
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taken even if such events happen at home and not at school. It also made parent and people in general aware of the way kids are acting when they think people aren’t looking and they think they won’t get caught. They are trying to get strengthened laws on cyber bullying. The first thing I would have done was got in contact with the parents of the children that made the website and showed them what their kids had done and explained to them the impact it is having on my child. The next thing I would
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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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attain what is required of them may find it hard to understand how to use the program too. As an entrepreneur‚ I face a challenge of convincing the clients and investors that the new product will meet the learning requirements. If the government sets a law that prohibits the application of the software in the learning institutions‚ the innovation can be a wasted energy. I will also need to establish the teaching methodologies for
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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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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
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CheckPoint: Conflict PSY/285 Amanda Richardson 5/10/13 Conflict is an inevitable part of life whether it is in relationships‚ socially‚ or between nations. Most conflicts arise from differing points of view on actions or goals and how they are handled can lead to a ceasefire or the breakup of one’s relationships. Conflict resolution skills are needed when navigating the stormy waters of conflict. How one perceives the goals and intentions of others can lead to misconceptions. When an individual
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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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