11-‐14. (Transaction Analysis) 1. Jan. .docx
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11-‐14. (Transaction Analysis) 1. Jan. 12 Assets (A) = Liabilities (L) + Net Assets (NA) Cash + $300,000 = No change + No change Pledges receivable – $300,000 Date Dr. Cr. 1/12 Cash $300,000 Pledges receivable $300,000 Collection of pledges 2. Feb. 4 No journal entry. There has been no exchange by either party. 3. Mar. 1 Assets (A) = Liabilities (L) + Net Assets (NA) Cash Grant Expense – $50,000 = – $50,000 Date Dr. Cr. 3/1 Grant Expense $50,000 Cash $ 50,000 Pay grant to GARCH 4. May 29 Assets (A) = Liabilities (L) + Net Assets (NA) Deposit + $5,000 = No change + No change Cash – $5,000 Date Dr. Cr. 5/29 Deposit $5,000 Cash $5,000 Deposit on ordered partitions 5. Jun. 12 Assets (A) = Liabilities (L) + Net Assets (NA) Cash Donation revenue + $80,000 = + + $80,000 Date Dr. Cr. 6/12 Cash $80,000 Donation revenue $80,000 Donation revenue. 6. Sept. 1 Assets (A) = Liabilities (L) + Net Assets (NA) Inventory Accounts payable + $60,000 = + $30,000 + No change Cash – $30,000 Date Dr. Cr. 9/1 Inventory $60,000 Cash $30,000 Accounts payable 30,000 Purchase bookstore inventory. .
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The accountant provided tax advice to a client on December 1, 20X3 but would not be paid until January 15, 20X4. Under accrual accounting, the accountant should record the revenue in 20X3 because accrual accounting records revenue in the period the service is provided, regardless of when payment is received. Accrual accounting attempts to record the financial effects of transactions in the period they occur rather than when cash is exchanged.
Cash Dividends Date Explanation Ref Feb. 1 Dec. 1 De.pdf
Cash Dividends Date Explanation Ref Feb. 1 Dec. 1 Dec. 31 Debit Credit Balance Stock
Dividends Date July 1 Dec. 31 Explanation Ref Credit Balance
eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer
Journalize the transactions and the closing entries for net income and dividends. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal
entries in the order presented in the problem.)
July 31 Dec. 1 Common Stock Dividends Distributable Common Stock Cash Dividends
Dividends Payable Income Summary Retained Earnings (To close net income) Retained
Earnings Stock Dividends (To close stock dividends) Dec. 31 136500 Cash Dividends Retained
Earnings 151200
Prepare a stockholders' equity section at December 31. (Enter account name only and do not
provide descriptive information.)
On January 1, 2022, Oriole Corporation had the following stockholders' equity accounts. During
the year, the following transactions occurred. Feb. 1 Declared a \$2 cash dividend per share to
stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in
February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share
was $39. July 1 Declared a 10\% stock dividend to stockholders of record on July 15,
distributable July 31 . On July 1, the market price of the stock was $15 per share. 31 Issued the
shares for the stock dividend. Dec. 1 Declared a \$0.40 per share dividend to stockholders of
record on December 15, payable January 5, 2023. 31 Determined that net income for the year
was $357,500.
Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note:
Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal
entries presented in the previous part.)
Paid-in Capital in Excess of Par-Common Stock Date Explanation Ref Debit Jan. 1 Balance July
1v Credit Balance 212000 Retained Earnings Date Explanation Ref Debit Credit Jan.1 v Balance
Dec.31 v Net income Dec.31 Stock dividend Dec.31 Cash dividend Balance 936500 779000
627800.
Accounting Journal Entries
Check this article with accounting journal entries, for more details visit site. https://www.accountingassignmenthelp.net/basic-journal-entries-examples/
Basic Financial Statements - Financial Accounting
Financial accounting
These slides will help you in understanding financial statements
A financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.
Relevant financial information is presented in a structured manner and in a form easy to understand. They typically include basic financial statements, accompanied by a management discussion and analysis.
A balance sheet, also referred to as a statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time.
An income statement, also known as a statement of comprehensive income, statement of revenue & expense, P&L or profit and loss report, reports on a company's income, expenses, and profits over a period of time. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the stated period.
A Statement of changes in equity, also known as equity statement or statement of retained earnings, reports on the changes in equity of the company during the stated period.
A cash flow statement reports on a company's cash flow activities, particularly its operating, investing and financing activities.
For large corporations, these statements may be complex and may include an extensive set of footnotes to the financial statements and management discussion and analysis. The notes typically describe each item on the balance sheet, income statement and cash flow statement in further detail. Notes to financial statements are considered an integral part of the financial statements.
Accounting
The document describes accounting transactions made by WorldByte, a business owned by Rinku Nahar Hossan, during the month of June 2018. It includes 13 transactions ranging from investing cash to paying expenses. Key financial statements are presented: the income statement shows a net income of $3,950, the owner's equity statement tracks contributions and drawings, and the balance sheet balances at $23,300 in assets equal to liabilities and owner's equity.
6. Ratio computation. The financial statements of the Lone.docx
6.
Ratio computation
.
The financial statements of the Lone Pine Company follow.
LONE PINE COMPANY
Comparative Balance Sheets
December 31, 20X2 and 20X1 ($000 Omitted)
20X2
20X1
Assets
Current Assets
Cash and Short-Term Investments
$400
$600
Accounts Receivable (net)
3,000
2,400
Inventories
3,000
2,300
Total Current Assets
$6,400
$5,300
Property, Plant, and Equipment
Land
$1,700
$500
Buildings and Equipment (net)
1,500
1,000
Total Property, Plant, and Equipment
$3,200
$1,500
Total Assets
$9,600
$6,800
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts Payable
$2,800
$1,700
Notes Payable
1,100
1,900
Total Current Liabilities
$3,900
$3,600
Long-Term Liabilities
Bonds Payable
4,100
2,100
Total Liabilities
$8,000
$5,700
Stockholders’ Equity
Common Stock
$200
$200
Retained Earnings
1,400
900
Total Stockholders’ Equity
$1,600
$1,100
Total Liabilities and Stockholders’ Equity
$9,600
$6,800
LONE PINE COMPANY
Statement of Income and Retained Earnings
For the Year Ending December 31,20X2 ($000 Omitted)
Net Sales*
$36,000
Less
: Cost of Goods Sold
$20,000
Selling Expense
6,000
Administrative Expense
4,000
Interest Expense
400
Income Tax Expense
2,000
32,400
Net Income
$3,600
Retained Earnings, Jan. 1
900
Ending Retained Earnings
$4,500
Cash Dividends Declared and Paid
3,100
Retained Earnings, Dec. 31
$1,400
*All sales are on account.
Instructions
Compute the following items for Lone Pine Company for 20X2,
rounding all calculations to two decimal places
when necessary:
a. Quick ratio
b. Current ratio
c. Inventory-turnover ratio
d. Accounts-receivable-turnover ratio
e. Return-on-assets ratio
f. Net-profit-margin ratio
g. Return-on-common-stockholders’ equity
h. Debt-to-total assets
i. Number of times that interest is earned
.
6. Ratio computation. The financial statements of the Lone P.docx
6.
Ratio computation
. The financial statements of the Lone Pine Company follow.
LONE PINE COMPANY
Comparative Balance Sheets
December 31, 20X2 and 20X1 ($000 Omitted)
20X2
20X1
Assets
Current Assets
Cash and Short-Term Investments
$400
$600
Accounts Receivable (net)
3,000
2,400
Inventories
3,000
2,300
Total Current Assets
$6,400
$5,300
Property, Plant, and Equipment
Land
$1,700
$500
Buildings and Equipment (net)
1,500
1,000
Total Property, Plant, and Equipment
$3,200
$1,500
Total Assets
$9,600
$6,800
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts Payable
$2,800
$1,700
Notes Payable
1,100
1,900
Total Current Liabilities
$3,900
$3,600
Long-Term Liabilities
Bonds Payable
4,100
2,100
Total Liabilities
$8,000
$5,700
Stockholders’ Equity
Common Stock
$200
$200
Retained Earnings
1,400
900
Total Stockholders’ Equity
$1,600
$1,100
Total Liabilities and Stockholders’ Equity
$9,600
$6,800
LONE PINE COMPANY
Statement of Income and Retained Earnings
For the Year Ending December 31,20X2 ($000 Omitted)
Net Sales*
$36,000
Less
: Cost of Goods Sold
$20,000
Selling Expense
6,000
Administrative Expense
4,000
Interest Expense
400
Income Tax Expense
2,000
32,400
Net Income
$3,600
Retained Earnings, Jan. 1
900
Ending Retained Earnings
$4,500
Cash Dividends Declared and Paid
3,100
Retained Earnings, Dec. 31
$1,400
*All sales are on account.
Instructions
Compute the following items for Lone Pine Company for 20X2,
rounding all calculations to two decimal places
when necessary:
a. Quick ratio
b. Current ratio
c. Inventory-turnover ratio
d. Accounts-receivable-turnover ratio
e. Return-on-assets ratio
f. Net-profit-margin ratio
g. Return-on-common-stockholders’ equity
h. Debt-to-total assets
i. Number of times that interest is earned
.
FABM2-C2-Reviewwwwwwwwwwwwwwwwwwwww.pptx
Uy Law Office recorded various business transactions in December including an initial investment of PHP 500,000 cash by owner Jan Uy, obtaining a bank loan, paying expenses, rendering and collecting fees from clients, purchasing assets, and paying salaries. Journal entries were prepared to record each transaction and update the relevant accounts in the general ledger and T-accounts.
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eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer
Journalize the transactions and the closing entries for net income and dividends. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal
entries in the order presented in the problem.)
July 31 Dec. 1 Common Stock Dividends Distributable Common Stock Cash Dividends
Dividends Payable Income Summary Retained Earnings (To close net income) Retained
Earnings Stock Dividends (To close stock dividends) Dec. 31 136500 Cash Dividends Retained
Earnings 151200
Prepare a stockholders' equity section at December 31. (Enter account name only and do not
provide descriptive information.)
On January 1, 2022, Oriole Corporation had the following stockholders' equity accounts. During
the year, the following transactions occurred. Feb. 1 Declared a \$2 cash dividend per share to
stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in
February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share
was $39. July 1 Declared a 10\% stock dividend to stockholders of record on July 15,
distributable July 31 . On July 1, the market price of the stock was $15 per share. 31 Issued the
shares for the stock dividend. Dec. 1 Declared a \$0.40 per share dividend to stockholders of
record on December 15, payable January 5, 2023. 31 Determined that net income for the year
was $357,500.
Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note:
Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal
entries presented in the previous part.)
Paid-in Capital in Excess of Par-Common Stock Date Explanation Ref Debit Jan. 1 Balance July
1v Credit Balance 212000 Retained Earnings Date Explanation Ref Debit Credit Jan.1 v Balance
Dec.31 v Net income Dec.31 Stock dividend Dec.31 Cash dividend Balance 936500 779000
627800.
Accounting Journal Entries
Check this article with accounting journal entries, for more details visit site. https://www.accountingassignmenthelp.net/basic-journal-entries-examples/
Basic Financial Statements - Financial Accounting
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These slides will help you in understanding financial statements
A financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.
Relevant financial information is presented in a structured manner and in a form easy to understand. They typically include basic financial statements, accompanied by a management discussion and analysis.
A balance sheet, also referred to as a statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time.
An income statement, also known as a statement of comprehensive income, statement of revenue & expense, P&L or profit and loss report, reports on a company's income, expenses, and profits over a period of time. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the stated period.
A Statement of changes in equity, also known as equity statement or statement of retained earnings, reports on the changes in equity of the company during the stated period.
A cash flow statement reports on a company's cash flow activities, particularly its operating, investing and financing activities.
For large corporations, these statements may be complex and may include an extensive set of footnotes to the financial statements and management discussion and analysis. The notes typically describe each item on the balance sheet, income statement and cash flow statement in further detail. Notes to financial statements are considered an integral part of the financial statements.
Accounting
The document describes accounting transactions made by WorldByte, a business owned by Rinku Nahar Hossan, during the month of June 2018. It includes 13 transactions ranging from investing cash to paying expenses. Key financial statements are presented: the income statement shows a net income of $3,950, the owner's equity statement tracks contributions and drawings, and the balance sheet balances at $23,300 in assets equal to liabilities and owner's equity.
6. Ratio computation. The financial statements of the Lone.docx
6.
Ratio computation
.
The financial statements of the Lone Pine Company follow.
LONE PINE COMPANY
Comparative Balance Sheets
December 31, 20X2 and 20X1 ($000 Omitted)
20X2
20X1
Assets
Current Assets
Cash and Short-Term Investments
$400
$600
Accounts Receivable (net)
3,000
2,400
Inventories
3,000
2,300
Total Current Assets
$6,400
$5,300
Property, Plant, and Equipment
Land
$1,700
$500
Buildings and Equipment (net)
1,500
1,000
Total Property, Plant, and Equipment
$3,200
$1,500
Total Assets
$9,600
$6,800
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts Payable
$2,800
$1,700
Notes Payable
1,100
1,900
Total Current Liabilities
$3,900
$3,600
Long-Term Liabilities
Bonds Payable
4,100
2,100
Total Liabilities
$8,000
$5,700
Stockholders’ Equity
Common Stock
$200
$200
Retained Earnings
1,400
900
Total Stockholders’ Equity
$1,600
$1,100
Total Liabilities and Stockholders’ Equity
$9,600
$6,800
LONE PINE COMPANY
Statement of Income and Retained Earnings
For the Year Ending December 31,20X2 ($000 Omitted)
Net Sales*
$36,000
Less
: Cost of Goods Sold
$20,000
Selling Expense
6,000
Administrative Expense
4,000
Interest Expense
400
Income Tax Expense
2,000
32,400
Net Income
$3,600
Retained Earnings, Jan. 1
900
Ending Retained Earnings
$4,500
Cash Dividends Declared and Paid
3,100
Retained Earnings, Dec. 31
$1,400
*All sales are on account.
Instructions
Compute the following items for Lone Pine Company for 20X2,
rounding all calculations to two decimal places
when necessary:
a. Quick ratio
b. Current ratio
c. Inventory-turnover ratio
d. Accounts-receivable-turnover ratio
e. Return-on-assets ratio
f. Net-profit-margin ratio
g. Return-on-common-stockholders’ equity
h. Debt-to-total assets
i. Number of times that interest is earned
.
6. Ratio computation. The financial statements of the Lone P.docx
6.
Ratio computation
. The financial statements of the Lone Pine Company follow.
LONE PINE COMPANY
Comparative Balance Sheets
December 31, 20X2 and 20X1 ($000 Omitted)
20X2
20X1
Assets
Current Assets
Cash and Short-Term Investments
$400
$600
Accounts Receivable (net)
3,000
2,400
Inventories
3,000
2,300
Total Current Assets
$6,400
$5,300
Property, Plant, and Equipment
Land
$1,700
$500
Buildings and Equipment (net)
1,500
1,000
Total Property, Plant, and Equipment
$3,200
$1,500
Total Assets
$9,600
$6,800
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts Payable
$2,800
$1,700
Notes Payable
1,100
1,900
Total Current Liabilities
$3,900
$3,600
Long-Term Liabilities
Bonds Payable
4,100
2,100
Total Liabilities
$8,000
$5,700
Stockholders’ Equity
Common Stock
$200
$200
Retained Earnings
1,400
900
Total Stockholders’ Equity
$1,600
$1,100
Total Liabilities and Stockholders’ Equity
$9,600
$6,800
LONE PINE COMPANY
Statement of Income and Retained Earnings
For the Year Ending December 31,20X2 ($000 Omitted)
Net Sales*
$36,000
Less
: Cost of Goods Sold
$20,000
Selling Expense
6,000
Administrative Expense
4,000
Interest Expense
400
Income Tax Expense
2,000
32,400
Net Income
$3,600
Retained Earnings, Jan. 1
900
Ending Retained Earnings
$4,500
Cash Dividends Declared and Paid
3,100
Retained Earnings, Dec. 31
$1,400
*All sales are on account.
Instructions
Compute the following items for Lone Pine Company for 20X2,
rounding all calculations to two decimal places
when necessary:
a. Quick ratio
b. Current ratio
c. Inventory-turnover ratio
d. Accounts-receivable-turnover ratio
e. Return-on-assets ratio
f. Net-profit-margin ratio
g. Return-on-common-stockholders’ equity
h. Debt-to-total assets
i. Number of times that interest is earned
.
FABM2-C2-Reviewwwwwwwwwwwwwwwwwwwww.pptx
Uy Law Office recorded various business transactions in December including an initial investment of PHP 500,000 cash by owner Jan Uy, obtaining a bank loan, paying expenses, rendering and collecting fees from clients, purchasing assets, and paying salaries. Journal entries were prepared to record each transaction and update the relevant accounts in the general ledger and T-accounts.
Accounting basis l 4
The document discusses accounting transactions and how the accounting equation of assets equals liabilities plus owner's equity must remain balanced after each transaction. It provides examples of common business transactions like purchasing supplies or equipment, providing services to customers, paying expenses, and owner investments and withdrawals. The accounting process of analyzing transactions and their impact on accounts is demonstrated through a sample scenario of transactions for a new business.
Problem 14-1A On January 1, 2014, Geffrey Corporation had the followi.pdf
Problem 14-1A On January 1, 2014, Geffrey Corporation had the following stockholders\'
equity accounts Common Stock ($20 par value, 60,000 shares issued and outstanding) Paid-in
Capital in Excess of Par-Common Stock Retained Earnings $1,200,000 200,000 600,000 During
the year, the following transactions occurred. Declared a $1 cash dividend per share to
stockholders of record on February 15, payable March 1 Paid the dividend declared in February
Announced a 2-for-1 stock split. Prior to the split, the market price per share was $36 Declared a
10% stock dividend to stockholders of record on July 15, distributable July 31, On July 1, the
market price of the stock was $13 per share Issued the shares for the stock dividend Declared a
$0.50 per share dividend to stockholders of record on December 15, payable January 5, 2015
Determined that net income for the year was $350,000 Feb. 1 Mar. 1 Apr. 1 July 1 31 Dec. 1 31
Journalize the transactions and the closing entries for net income and dividends. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select \"No Entry\" for the account titles and enter 0 for the amounts. If no entry is
required, select \"No entry\" for the account titles and enter 0 for the amounts.) Date Aocount
Titles and Explanation Debit Credit Feb. 1 Mar. 1 Apr. 1 July 1 uly 31 Dec. 1 Dec. 31 (To close
net income) (To close stock dividends) (To close cash dividends)
Solution
Journal Entries:
Date
Accounts / Explanations
Debit
Credit
Feb. 1
Cash Dividend
$ 60,000.00
Dividend Payable
$ 60,000.00
(Being cash dividend declared = 60000 Shares * $1)
Mar. 1
Dividend Payable
$ 60,000.00
Cash
$ 60,000.00
(Being cash dividend cash )
Apr. 1
No entry
(New shares = 60000*2 = 120000 Shares @ $20/ 2 =$10 Par value)
July. 1
Stock Dividend
$ 156,000.00
Dividend Distributable
$ 156,000.00
(Being Stock Dividend Declared = 120000 *10% = 12000 Shares*$13 )
July. 31
Dividend Distributable
$ 156,000.00
Paid in capital in excess of par- Common Stock (156000-120000)
$ 36,000.00
Common Stock (12000 Shares * $10)
$ 120,000.00
(Being shares issues for dividend )
Note : total number of shares after Stock Div = 120000+12000 = 132000
Dec. 1
Cash Dividend
$ 66,000.00
Dividend Payable
$ 66,000.00
(Being cash dividend declared = 132000 Shares * $0.50)
Dec. 31
Income Summary
$ 350,000.00
Retained earnings
$ 350,000.00
(Being net income closed)
Retained earnings
$ 126,000.00
Cash Dividend (60000+66000)
$ 126,000.00
(Being cash dividend closed)
Retained earnings
$ 156,000.00
Stock Dividend
$ 156,000.00
(Being cash dividend closed)
Journal Entries:
Date
Accounts / Explanations
Debit
Credit
Feb. 1
Cash Dividend
$ 60,000.00
Dividend Payable
$ 60,000.00
(Being cash dividend declared = 60000 Shares * $1)
Mar. 1
Dividend Payable
$ 60,000.00
Cash
$ 60,000.00
(Being cash dividend cash )
Apr. 1
No entry
(New shares = 60000*2 = 120000 Shares @ $20/ 2 =$10 Par value)
July. 1
Stock Dividend
$ 156,000.00
Div.
Please help, I cant figure out what I did wrong. Problem 11-2A (Pa.pdf
Please help, I can\'t figure out what I did wrong. Problem 11-2A (Part Level Submission) The
stockholders\' equity accounts of Cheyenne Corp. on January 1, 2017, were as follows. Preferred
Stock (7%, $100 par noncumulative, 4,400 shares authorized) Common Stock ($4 stated value,
310,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in
Capital in Excess of Stated Value-Common Stoclk Retained Earnings Treasury Stock (4,400
common shares) $264,000 1,033,33:3 13,200 496,000 683,500 35,200 During 2017, the
corporation had the following transactions and events pertaining to its stockholders equity Feb. 1
Issued 4,620 shares of common stock for $32,340 Mar 20 Purchased 1,250 additional shares of
common treasury stock at $8 per share Oct. 1 Declared a 7% cash dividend on preferred stock,
payable November 1 Nov. 1 Paid the dividend declared on October 1 Dec. Declared a $0.85 per
share cash dividend to common stockholders of record on December 15, payable December 31,
2017 Dec. 31 Determined that net income for the year was $278,200. Paid the dividend declared
on December 1
Solution
I have only corrected the journal entries marked in red
Calculation of cash dividends on Dec1:
No of common stock shares outstanding: (1033,333/4) + 4620 - 4400 - 1250 = 257303.25
<4620 is additional shares issued; 4400 is treasury stock; 1250 is additional treasury stock>
Cash dividend declared = 0.85 per share
Hence, total cash dividend = 257303.25 x 0.85 = $218708
Calculation of cash dividends on Dec 31:
Oct 1 cash dividend (as per journal entry): 18480
Dec 1 cash dividend (as per journal entry): 218708
Total cash dividend: 237188DateAccount titlesDebitCreditFeb
1Cash32340Common stock18480Paid-in Capital in excess of stated value-common
stock13860Dec 1Cash dividends218708Dividends payable218708Dec 31Retained
earnings237188Cash dividends237188Dec 31Dividends payable218708Cash218708.
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Financial Accounting.pdf
1) The document discusses the accounting process and how to analyze and record business transactions. It explains the key steps which include examining source documents, analyzing transactions using debits and credits, recording transactions in a journal, posting to ledgers, and preparing a trial balance.
2) An example transaction is provided to demonstrate how to apply the accounting equation to identify impacts on asset, liability and equity accounts and how to record the journal entry and post to ledger accounts.
3) The revenue recognition principle is explained as recognizing revenue when it is earned rather than when payment is received. An example transaction illustrates revenue being recognized with a receivable recorded before cash is received.
During the year the following transactions occurred Feb 1.pdf
During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share
to stockholders of record on February 15 , payable March 1. Mar 1 Paid the dividend declared in
February. Apr. 1 Anmounced a 2 -for-1 stock split. Prior to the split, the market price per share
was $40. July 1 Declared a 15% stock dividend to stockholders of record on July 15, distributable
July 31. On July 1, the market price of the stock was $14 per share. 31 I smed the shares for the
stock dividend. Dec. 1 Deciared a 50.30 pee share dividend to stockholders of record on
December 15, payable lamuary 5.2023 31 Determined that net income for the year was $326.500
.Feh. 1 Cash Bividends 126000 Dividends Payable 126000 Mar, 1 v Dividends Payabie 126000
Cash 126000 begin{tabular}{|l|l|l|} hline Aore. & NoEntry & 0 & NoEntry & hline
end{tabular}Dividends Payable Dec:31 v Income Summary Retained Earnings (To close net
income) (To close stock dividends) (To close cash dividends)equity accounts as needed.) (Post
entries in the order of journol entries presented in the previous part) Common Stock Common
Stock Dividends Distributable.
Balance sheet
The document discusses balance sheets and their components. A balance sheet reports assets, liabilities, and owner's equity as of a specific date. It contains sections for current assets, other assets, short-term and long-term liabilities, and owner's equity. The balance sheet for Pandawa Wholesale Supply as of December 31, 2012 is presented, with current assets of $135.35 million including cash, accounts receivable, and inventory, total assets of $189.35 million, current liabilities of $36.5 million including accounts payable and expenses payable, long-term liabilities including bank loans of $52.85 million, and owner's equity of $100 million.
Accounting concepts
The document discusses key accounting concepts, conventions, principles, and the accounting equation. It provides explanations of concepts like the accrual basis, going concern assumption, and prudence. It also discusses the balance sheet, showing examples of its horizontal and vertical formats, and how the accounting equation of Assets = Liabilities + Equity is demonstrated on the balance sheet. Transaction examples are provided and explained in terms of debits and credits to accounts.
AC1220 ACCOUNTING ILab 2.2AC1220 Lab.docx
AC1220 ACCOUNTING I
Lab 2.2
AC1220 Lab 2.2
Introduction
Jake’s Computer Repair Service was profitable in February 20x1 and continued to operate in March 20x1. The ending balances for assets, liabilities, and the capital account of Jake’s Computer Repair Service on February 28, 20x1 are listed here. These account balances are also the beginning balances for March 20x1.
Account
Balance
Debit
Credit
Cash
$7,760
Accounts Receivable
$1,630
Supplies
$260
Prepaid Advertising
$1,000
Equipment
$6,200
Accounts Payable
$490
Wages Payable
$30
Interest Payable
$120
Note Payable
$10,000
Unearned Revenue
$120
Capital, Jones
$6,090
Total
$16,850
$16,850
The following transactions occurred during March 20x1:
a. March 1, 20x1. Purchased supplies (on account): $640
b. March 4, 20x1. Service revenues for the first week of March: $1,420 (cash)
c. March 18, 20x1. Received cash from customers on accounts receivable: $1,600
d. March 25, 20x1. Paid interest expense on note payable: $120
e. March 31, 20x1. Service revenues for the rest of March: $5,680 ($5,000 cash, $680 on account)
f. March 31, 20x1. Paid rent: $500
g. March 31, 20x1. The cash payment for wages totaled $1,100. The journal entry includes debit to the wages payable account.
h. March 31, 20x1. Jake withdrew $2,000 in cash from the business for personal use.
Requirement 1
Journalize the transactions occurring during March, 20x1. The first transaction has been journalized and posted to the related ledger account.
DATE
REF
DEBIT
CREDIT
3/1/11
Supplies
$640
Accounts Payable
a
$640
To record purchase of supplies
a
3/4/x1
b
b
3/18/x1
c
c
3/25/x1
d
d
DATE
REF
DEBIT
CREDIT
3/31/x1
e
e
e
3/31/x1
f
f
3/31/x1
g
g
g
3/31/x1
h
h
Requirement 2
Post the journal entries made for March 31, 20x1, to the appropriate T-accounts. Use the journal entries for March 31 made in Requirement 2. All other entries have been posted.
CASH
ACCOUNTS RECEIVABLE
Bal.
$7,760
Bal.
$1,630
SUPPLIES
PREPAID ADVERTISING
Bal.
$260
Bal.
$1,000
Mar 1
$640
EQUIPMENT
Bal.
$6,200
ACCOUNTS PAYABLE
WAGES PAYABLE
Bal.
$490
Bal.
$30
Mar 1
$640
INTEREST PAYABLE
UNEARNED REVENUE
Mar 25
$120
Bal.
$120
Bal.
120
NOTES PAYBALE
Bal.
$10,000
CAPITAL, JONES
DRAWINGS, JONES
Bal.
$6,090
SERVICE REVENUES
WAGES EXPENSE
RENT EXPENSE
INTEREST EXPENSE
Requirement 3
Use the following unadjusted trial balance for Jake’s Computer Repair Service as on March 31, 20x1, to check the ending balances you computed for Requirement 2 above.
Account
Unadjusted Balance
Debit
Credit
Cash
$12,060
Accounts Receivable
$710
Supplies
$900
Prepaid Advertising
$1,.
7-10Review the financial information pertaining to Evergreen Com.docx
7-10
Review the financial information pertaining to Evergreen Company and prepare the following:
1. Prepare the necessary journal entries for Evergreen for each of the dates listed in the problem. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold (round all calculations to the nearest dollar).
2. Prepare any necessary adjusting entries at December 31, 2011. Adjusting entries are only recorded at year-end (round all calculations to the nearest dollar).
3. Prepare a schedule showing the effect of the journal entries in requirements 1 and 2 on 2011 income before taxes.
Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2011, the following transactions related to receivables occurred:
February 28
Sold merchandise to Lennox, Inc. for $10,000 and accepted a 10%, 7-month note. 10% is an approximate rate for this type of note.
March 31
Sold Merchandise to Maddox Co. and accepted a noninterest-bearing note with a discount rate of 10%. The $8,000 payment is due on March 31, 2012.
April 3
Sold merchandise to Carr Co. for $7,000 with terms 2/10, n/30 Evergreen uses the gross method to account for cash discounts.
11
Collected the entire amount due from Carr Co.
17
A customer returned merchandise costing $3,200. Evergreen reduced the customer’s receivable balance by $5,000, the sales price of the merchandise. Sales returns are recorded by the company as they occur.
30
Transferred receivables of $50,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.
June 30
Discounted the Lennox, Inc. note at the bank. The bank’s discount rate is 12%. The note was discounted without recourse.
August 31
Lennox, Inc. paid the note plus interest to the bank.
7-14
Review the information pertaining to El Gato Painting Company and prepare the following:
1. Prepare a bank reconciliation for the El Gato checking account at December 31, 2011.
2. Prepare any necessary adjusting journal entries indicated.
El Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November 30, 2011 reconciliation of the bank balance is as follows:
Balance per bank, November 30
$3231
Add: Deposits outstanding
1,200
Less: Checks Outstanding:
#363
$123
#365
201
#380
56
#381
86
#382
340
(806)
Adjusted balance per bank, November 30
$3,625
The company’s general ledger checking account showed the following for December:
Balance, December 1
$3,625
Receipts
42,650
Disbursements
(41,853)
Balance, December 31
$4,422
The December bank statement contained the following information:
Balance, December 1
$3,231
Deposits
43,000
Checks Processed
(41,918)
Service Charges
(22)
NSF Checks
(440)
Balance, December 31
$3,851
The Checks that were processed by the bank in December include all of the outstanding che.
Financial Ratios1.Liquidity ratios. Edison, Stagg,.docx
Financial Ratios
1.
Liquidity ratios
.
Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:
Edison
Stagg
Thornton
Cash
$4,000
$2,500
$1,000
Short-term investments
3,000
2,500
2,000
Accounts receivable
2,000
2,500
3,000
Inventory
1,000
2,500
4,000
Prepaid expenses
800
800
800
Accounts payable
200
200
200
Notes payable: short-term
3,100
3,100
3,100
Accrued payables
300
300
300
Long-term liabilities
3,800
3,800
3,800
Compute the current and quick ratios for each of the three companies. (Round calculations to two decimal places.) Which firm is the most liquid? Why?
2.
Computation and evaluation of activity ratios
.
The following data relate to Alaska Products, Inc:
19X5
19X4
Net credit sales
$832,000
$760,000
Cost of goods sold
440,000
350,000
Cash, Dec. 31
125,000
110,000
Average Accounts receivable
180,000
140,000
Average Inventory
70,000
50,000
Accounts payable, Dec. 31
115,000
108,000
Compute the accounts receivable and inventory turnover ratios for 19X5. Alaska rounds all calculations to two decimal places.
3.
Profitability ratios, trading on the equity
.
Digital Relay has both preferred and common stock outstanding. The company reported the following information for 19X7:
Net sales
$1,500,000
Interest expense
120,000
Income tax expense
80,000
Preferred dividends
25,000
Net income
130,000
Average assets
1,100,000
Average common stockholders' equity
400,000
Compute the gross profit margin ratio, the return on equity and the return on assets, rounding calculations to two decimal places.
Does the firm have positive or negative financial leverage? Briefly explain.
4.
Horizontal analysis
. Mary Lynn Corporation has been operating for several years. Selected data from the 20X1 and 20X2 financial statements follow.
20X2
20X1
Current Assets
$ 76,000
$ 80,000
Property, Plant, and Equipment (net)
99,000
90,000
Intangibles
25,000
50,000
Current Liabilities
40,800
48,000
Long-Term Liabilities
143,000
160,000
Stockholders’ Equity
16,200
12,000
Net Sales
500,000
500,000
Cost of Goods Sold
332,500
350,000
Operating Expenses
93,500
85,000
Prepare a horizontal analysis for 20X1 and 20X2. Briefly comment on the results of your work.
5.
Vertical analysis
. Mary Lynn Corporation has been operating for several years. Selected data from the 20X1 and 20X2 financial statements follow.
20X2
20X1
Current Asse.
Statement of affairs
The document provides statements of affairs for Mt Merapi Corp and HBD Corp. A statement of affairs shows a company's assets and how they are pledged, as well as its liabilities in order of priority. For each company, the summary lists assets and liabilities with book values, then calculates the estimated amounts available to unsecured creditors based on estimated current values and amounts pledged to secured creditors. It also calculates the percentage dividend that would be paid to unsecured creditors.
Topic 1 print (1)
This document provides an introduction to accounting. It defines accounting as a discipline that measures and communicates financial information about a business. It explains the accounting equation, the four core financial statements, and how to analyze business transactions by determining their impact on the accounting equation and each financial statement. Several examples of transaction analysis are provided and summarized.
Business Plan ii Financials
The document provides an overview of financial planning concepts for a new business including how to create budgets, understand pricing, manage cash flow, and develop financial statements like income statements, balance sheets, and cash flow projections. It discusses factors that influence credit scores and how to analyze expenses, revenues, breakeven points, and sources of startup capital. The financial statements are tools to evaluate the ongoing financial health and performance of a business over time.
02 - LAPORAN KEUANGAN & CHART OF ACCOUNT - 02.pdf
The document provides an overview of basic accounting principles including:
1) The accounting equation that balances assets, liabilities, and owner's equity.
2) Journal entries that record business transactions by debiting and crediting appropriate accounts.
3) The process of transferring journal entries to individual accounts in the general ledger.
Ch04 completing the accounting cycle
How to completing accounting cycle with worksheet.
This for you that interest to lean how to completing accounting system with manual. You gonna learn about basic off accounting a lot.
Your company nameYour nameInstruction Page1. O.docx
Your company name
Your name
Instruction Page
1. On the cover page
a. Replace ‘Your Company Name’ with your company name, city and state
b. Replace ‘Date’ with the date of the plan
c. Consider inserting graphics:
i. Company logo
ii. Insert a picture or graphic of your product or service
iii. Photo of your facilities
iv. Photo of your location
2. Replace ‘ENTER YOUR COMPANY NAME HERE’ with your company name on the page with the Statement of Confidentiality & Non-Disclosure
3. Open the document header and enter your company name and your name
4. Update the table of contents as you build your business plan.
Delete this page before submitting your business plan.
Business Plan
Your Company Name Here
City, State
Date
Statement of Confidentiality & Non-Disclosure
THIS BUSINESS PLAN CONTAINS PROPRIETARY AND CONFIDENTIAL INFORMATION.
All data submitted to the receiver is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with ENTER YOUR COMPANY NAME HERE (Company). The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature.
The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent such matters are generally known to, and are available for use by, the public. The recipient also agrees not duplicate or distribute or permit others to duplicate or distribute any material contained herein without the Company's express written consent.
The Company retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia.
Disclaimer Notice
THIS BUSINESS PLAN IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
The Company reserves the right, in its sole discretion, to reject any and all proposals made by or on behalf of any recipient, to accept any such proposals, to negotiate with one or more recipients at any time, and to enter into a definitive agreement without prior notice to other recipients. The company also reserves the right to terminate, at any time, further participation in the investigation and proposal process by, or discussions or negotiations with, any recipient without reason.
BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT.
Table of Contents
Introduction and Overview 6
Executive Summary 6
Objectives 6
Mission 6
Keys to Success 6
Company Summary 6
Company Ownership 6
Start-up 6
What We Sell 7
Summary 7
Our products 7
Our services 7
Market Analysis and Sales Forecast 8
Market and Sales Forecast Summary 8
Total Market 8
Target Market Summar.
Your Company NameYour Company NameBudget Proposalfor[ent.docx
Your Company Name
Your Company Name
Budget Proposal
for
[enter years here]
BUSN278
[Term]
Professor[name]
DeVry University
Table of Contents
Section
Title
Subsection
Title
Page Number1.0Executive Summary
2.0Sales Forecast
2.1Sales Forecast
2.2Methods and Assumptions
3.0Capital Expenditure Budget
4.0Investment Analysis
4.1Cash Flows
4.2NPV Analysis
4.3Rate of Return Calculations
4.4Payback Period Calculations
5.0Pro Forma Financial Statements
5.1Pro Forma Income Statement
5.2Pro Forma Balance Sheet
5.3Pro Forma Cash Budget
6.0Works Cited
7.0Appendices
7.1Appendix 1: [description]
7.2Appendix 2:
[description]
(Please put page numbers in the last column of the table of contents above, because they apply to your finished assignment. Do this after your project is complete. Remove this text and all text that is in italics in this template when finished with your project.)
(Also, please submit your Excel spreadsheet that shows your supporting calculations.)
1.0 Executive Summary
The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geography or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this information will be found in the business profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.
Also, provide a second paragraph that describes how the budget supports the company’s strategy.
Finally, provide a third paragraph in which you summarize the key points from your budget, including the planning horizon; the amount of up-front investment; the NPV, payback, and IRR of the project; and key figures from your income statement, cash budget, and balance sheet.
Remember, this is not a thesis or introduction of what you will talk about—it contains the major, specific content of each section. The second and third paragraphs should be written after you have completed all other sections of this template.
As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own text or you will lose points!
2.0 Sales Forecast
Briefly introduce the sales forecast section.
2.1 Sales Forecast
Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table.
Year 1
Year 2
Year 3
Year 4
Year 5
Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in sect.
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Accounting basis l 4
The document discusses accounting transactions and how the accounting equation of assets equals liabilities plus owner's equity must remain balanced after each transaction. It provides examples of common business transactions like purchasing supplies or equipment, providing services to customers, paying expenses, and owner investments and withdrawals. The accounting process of analyzing transactions and their impact on accounts is demonstrated through a sample scenario of transactions for a new business.
Problem 14-1A On January 1, 2014, Geffrey Corporation had the followi.pdf
Problem 14-1A On January 1, 2014, Geffrey Corporation had the following stockholders\'
equity accounts Common Stock ($20 par value, 60,000 shares issued and outstanding) Paid-in
Capital in Excess of Par-Common Stock Retained Earnings $1,200,000 200,000 600,000 During
the year, the following transactions occurred. Declared a $1 cash dividend per share to
stockholders of record on February 15, payable March 1 Paid the dividend declared in February
Announced a 2-for-1 stock split. Prior to the split, the market price per share was $36 Declared a
10% stock dividend to stockholders of record on July 15, distributable July 31, On July 1, the
market price of the stock was $13 per share Issued the shares for the stock dividend Declared a
$0.50 per share dividend to stockholders of record on December 15, payable January 5, 2015
Determined that net income for the year was $350,000 Feb. 1 Mar. 1 Apr. 1 July 1 31 Dec. 1 31
Journalize the transactions and the closing entries for net income and dividends. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select \"No Entry\" for the account titles and enter 0 for the amounts. If no entry is
required, select \"No entry\" for the account titles and enter 0 for the amounts.) Date Aocount
Titles and Explanation Debit Credit Feb. 1 Mar. 1 Apr. 1 July 1 uly 31 Dec. 1 Dec. 31 (To close
net income) (To close stock dividends) (To close cash dividends)
Solution
Journal Entries:
Date
Accounts / Explanations
Debit
Credit
Feb. 1
Cash Dividend
$ 60,000.00
Dividend Payable
$ 60,000.00
(Being cash dividend declared = 60000 Shares * $1)
Mar. 1
Dividend Payable
$ 60,000.00
Cash
$ 60,000.00
(Being cash dividend cash )
Apr. 1
No entry
(New shares = 60000*2 = 120000 Shares @ $20/ 2 =$10 Par value)
July. 1
Stock Dividend
$ 156,000.00
Dividend Distributable
$ 156,000.00
(Being Stock Dividend Declared = 120000 *10% = 12000 Shares*$13 )
July. 31
Dividend Distributable
$ 156,000.00
Paid in capital in excess of par- Common Stock (156000-120000)
$ 36,000.00
Common Stock (12000 Shares * $10)
$ 120,000.00
(Being shares issues for dividend )
Note : total number of shares after Stock Div = 120000+12000 = 132000
Dec. 1
Cash Dividend
$ 66,000.00
Dividend Payable
$ 66,000.00
(Being cash dividend declared = 132000 Shares * $0.50)
Dec. 31
Income Summary
$ 350,000.00
Retained earnings
$ 350,000.00
(Being net income closed)
Retained earnings
$ 126,000.00
Cash Dividend (60000+66000)
$ 126,000.00
(Being cash dividend closed)
Retained earnings
$ 156,000.00
Stock Dividend
$ 156,000.00
(Being cash dividend closed)
Journal Entries:
Date
Accounts / Explanations
Debit
Credit
Feb. 1
Cash Dividend
$ 60,000.00
Dividend Payable
$ 60,000.00
(Being cash dividend declared = 60000 Shares * $1)
Mar. 1
Dividend Payable
$ 60,000.00
Cash
$ 60,000.00
(Being cash dividend cash )
Apr. 1
No entry
(New shares = 60000*2 = 120000 Shares @ $20/ 2 =$10 Par value)
July. 1
Stock Dividend
$ 156,000.00
Div.
Please help, I cant figure out what I did wrong. Problem 11-2A (Pa.pdf
Please help, I can\'t figure out what I did wrong. Problem 11-2A (Part Level Submission) The
stockholders\' equity accounts of Cheyenne Corp. on January 1, 2017, were as follows. Preferred
Stock (7%, $100 par noncumulative, 4,400 shares authorized) Common Stock ($4 stated value,
310,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in
Capital in Excess of Stated Value-Common Stoclk Retained Earnings Treasury Stock (4,400
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2017 Dec. 31 Determined that net income for the year was $278,200. Paid the dividend declared
on December 1
Solution
I have only corrected the journal entries marked in red
Calculation of cash dividends on Dec1:
No of common stock shares outstanding: (1033,333/4) + 4620 - 4400 - 1250 = 257303.25
<4620 is additional shares issued; 4400 is treasury stock; 1250 is additional treasury stock>
Cash dividend declared = 0.85 per share
Hence, total cash dividend = 257303.25 x 0.85 = $218708
Calculation of cash dividends on Dec 31:
Oct 1 cash dividend (as per journal entry): 18480
Dec 1 cash dividend (as per journal entry): 218708
Total cash dividend: 237188DateAccount titlesDebitCreditFeb
1Cash32340Common stock18480Paid-in Capital in excess of stated value-common
stock13860Dec 1Cash dividends218708Dividends payable218708Dec 31Retained
earnings237188Cash dividends237188Dec 31Dividends payable218708Cash218708.
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Financial Accounting.pdf
1) The document discusses the accounting process and how to analyze and record business transactions. It explains the key steps which include examining source documents, analyzing transactions using debits and credits, recording transactions in a journal, posting to ledgers, and preparing a trial balance.
2) An example transaction is provided to demonstrate how to apply the accounting equation to identify impacts on asset, liability and equity accounts and how to record the journal entry and post to ledger accounts.
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to stockholders of record on February 15 , payable March 1. Mar 1 Paid the dividend declared in
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.Feh. 1 Cash Bividends 126000 Dividends Payable 126000 Mar, 1 v Dividends Payabie 126000
Cash 126000 begin{tabular}{|l|l|l|} hline Aore. & NoEntry & 0 & NoEntry & hline
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income) (To close stock dividends) (To close cash dividends)equity accounts as needed.) (Post
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Stock Dividends Distributable.
Balance sheet
The document discusses balance sheets and their components. A balance sheet reports assets, liabilities, and owner's equity as of a specific date. It contains sections for current assets, other assets, short-term and long-term liabilities, and owner's equity. The balance sheet for Pandawa Wholesale Supply as of December 31, 2012 is presented, with current assets of $135.35 million including cash, accounts receivable, and inventory, total assets of $189.35 million, current liabilities of $36.5 million including accounts payable and expenses payable, long-term liabilities including bank loans of $52.85 million, and owner's equity of $100 million.
Accounting concepts
The document discusses key accounting concepts, conventions, principles, and the accounting equation. It provides explanations of concepts like the accrual basis, going concern assumption, and prudence. It also discusses the balance sheet, showing examples of its horizontal and vertical formats, and how the accounting equation of Assets = Liabilities + Equity is demonstrated on the balance sheet. Transaction examples are provided and explained in terms of debits and credits to accounts.
AC1220 ACCOUNTING ILab 2.2AC1220 Lab.docx
AC1220 ACCOUNTING I
Lab 2.2
AC1220 Lab 2.2
Introduction
Jake’s Computer Repair Service was profitable in February 20x1 and continued to operate in March 20x1. The ending balances for assets, liabilities, and the capital account of Jake’s Computer Repair Service on February 28, 20x1 are listed here. These account balances are also the beginning balances for March 20x1.
Account
Balance
Debit
Credit
Cash
$7,760
Accounts Receivable
$1,630
Supplies
$260
Prepaid Advertising
$1,000
Equipment
$6,200
Accounts Payable
$490
Wages Payable
$30
Interest Payable
$120
Note Payable
$10,000
Unearned Revenue
$120
Capital, Jones
$6,090
Total
$16,850
$16,850
The following transactions occurred during March 20x1:
a. March 1, 20x1. Purchased supplies (on account): $640
b. March 4, 20x1. Service revenues for the first week of March: $1,420 (cash)
c. March 18, 20x1. Received cash from customers on accounts receivable: $1,600
d. March 25, 20x1. Paid interest expense on note payable: $120
e. March 31, 20x1. Service revenues for the rest of March: $5,680 ($5,000 cash, $680 on account)
f. March 31, 20x1. Paid rent: $500
g. March 31, 20x1. The cash payment for wages totaled $1,100. The journal entry includes debit to the wages payable account.
h. March 31, 20x1. Jake withdrew $2,000 in cash from the business for personal use.
Requirement 1
Journalize the transactions occurring during March, 20x1. The first transaction has been journalized and posted to the related ledger account.
DATE
REF
DEBIT
CREDIT
3/1/11
Supplies
$640
Accounts Payable
a
$640
To record purchase of supplies
a
3/4/x1
b
b
3/18/x1
c
c
3/25/x1
d
d
DATE
REF
DEBIT
CREDIT
3/31/x1
e
e
e
3/31/x1
f
f
3/31/x1
g
g
g
3/31/x1
h
h
Requirement 2
Post the journal entries made for March 31, 20x1, to the appropriate T-accounts. Use the journal entries for March 31 made in Requirement 2. All other entries have been posted.
CASH
ACCOUNTS RECEIVABLE
Bal.
$7,760
Bal.
$1,630
SUPPLIES
PREPAID ADVERTISING
Bal.
$260
Bal.
$1,000
Mar 1
$640
EQUIPMENT
Bal.
$6,200
ACCOUNTS PAYABLE
WAGES PAYABLE
Bal.
$490
Bal.
$30
Mar 1
$640
INTEREST PAYABLE
UNEARNED REVENUE
Mar 25
$120
Bal.
$120
Bal.
120
NOTES PAYBALE
Bal.
$10,000
CAPITAL, JONES
DRAWINGS, JONES
Bal.
$6,090
SERVICE REVENUES
WAGES EXPENSE
RENT EXPENSE
INTEREST EXPENSE
Requirement 3
Use the following unadjusted trial balance for Jake’s Computer Repair Service as on March 31, 20x1, to check the ending balances you computed for Requirement 2 above.
Account
Unadjusted Balance
Debit
Credit
Cash
$12,060
Accounts Receivable
$710
Supplies
$900
Prepaid Advertising
$1,.
7-10Review the financial information pertaining to Evergreen Com.docx
7-10
Review the financial information pertaining to Evergreen Company and prepare the following:
1. Prepare the necessary journal entries for Evergreen for each of the dates listed in the problem. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold (round all calculations to the nearest dollar).
2. Prepare any necessary adjusting entries at December 31, 2011. Adjusting entries are only recorded at year-end (round all calculations to the nearest dollar).
3. Prepare a schedule showing the effect of the journal entries in requirements 1 and 2 on 2011 income before taxes.
Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2011, the following transactions related to receivables occurred:
February 28
Sold merchandise to Lennox, Inc. for $10,000 and accepted a 10%, 7-month note. 10% is an approximate rate for this type of note.
March 31
Sold Merchandise to Maddox Co. and accepted a noninterest-bearing note with a discount rate of 10%. The $8,000 payment is due on March 31, 2012.
April 3
Sold merchandise to Carr Co. for $7,000 with terms 2/10, n/30 Evergreen uses the gross method to account for cash discounts.
11
Collected the entire amount due from Carr Co.
17
A customer returned merchandise costing $3,200. Evergreen reduced the customer’s receivable balance by $5,000, the sales price of the merchandise. Sales returns are recorded by the company as they occur.
30
Transferred receivables of $50,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.
June 30
Discounted the Lennox, Inc. note at the bank. The bank’s discount rate is 12%. The note was discounted without recourse.
August 31
Lennox, Inc. paid the note plus interest to the bank.
7-14
Review the information pertaining to El Gato Painting Company and prepare the following:
1. Prepare a bank reconciliation for the El Gato checking account at December 31, 2011.
2. Prepare any necessary adjusting journal entries indicated.
El Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November 30, 2011 reconciliation of the bank balance is as follows:
Balance per bank, November 30
$3231
Add: Deposits outstanding
1,200
Less: Checks Outstanding:
#363
$123
#365
201
#380
56
#381
86
#382
340
(806)
Adjusted balance per bank, November 30
$3,625
The company’s general ledger checking account showed the following for December:
Balance, December 1
$3,625
Receipts
42,650
Disbursements
(41,853)
Balance, December 31
$4,422
The December bank statement contained the following information:
Balance, December 1
$3,231
Deposits
43,000
Checks Processed
(41,918)
Service Charges
(22)
NSF Checks
(440)
Balance, December 31
$3,851
The Checks that were processed by the bank in December include all of the outstanding che.
Financial Ratios1.Liquidity ratios. Edison, Stagg,.docx
Financial Ratios
1.
Liquidity ratios
.
Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:
Edison
Stagg
Thornton
Cash
$4,000
$2,500
$1,000
Short-term investments
3,000
2,500
2,000
Accounts receivable
2,000
2,500
3,000
Inventory
1,000
2,500
4,000
Prepaid expenses
800
800
800
Accounts payable
200
200
200
Notes payable: short-term
3,100
3,100
3,100
Accrued payables
300
300
300
Long-term liabilities
3,800
3,800
3,800
Compute the current and quick ratios for each of the three companies. (Round calculations to two decimal places.) Which firm is the most liquid? Why?
2.
Computation and evaluation of activity ratios
.
The following data relate to Alaska Products, Inc:
19X5
19X4
Net credit sales
$832,000
$760,000
Cost of goods sold
440,000
350,000
Cash, Dec. 31
125,000
110,000
Average Accounts receivable
180,000
140,000
Average Inventory
70,000
50,000
Accounts payable, Dec. 31
115,000
108,000
Compute the accounts receivable and inventory turnover ratios for 19X5. Alaska rounds all calculations to two decimal places.
3.
Profitability ratios, trading on the equity
.
Digital Relay has both preferred and common stock outstanding. The company reported the following information for 19X7:
Net sales
$1,500,000
Interest expense
120,000
Income tax expense
80,000
Preferred dividends
25,000
Net income
130,000
Average assets
1,100,000
Average common stockholders' equity
400,000
Compute the gross profit margin ratio, the return on equity and the return on assets, rounding calculations to two decimal places.
Does the firm have positive or negative financial leverage? Briefly explain.
4.
Horizontal analysis
. Mary Lynn Corporation has been operating for several years. Selected data from the 20X1 and 20X2 financial statements follow.
20X2
20X1
Current Assets
$ 76,000
$ 80,000
Property, Plant, and Equipment (net)
99,000
90,000
Intangibles
25,000
50,000
Current Liabilities
40,800
48,000
Long-Term Liabilities
143,000
160,000
Stockholders’ Equity
16,200
12,000
Net Sales
500,000
500,000
Cost of Goods Sold
332,500
350,000
Operating Expenses
93,500
85,000
Prepare a horizontal analysis for 20X1 and 20X2. Briefly comment on the results of your work.
5.
Vertical analysis
. Mary Lynn Corporation has been operating for several years. Selected data from the 20X1 and 20X2 financial statements follow.
20X2
20X1
Current Asse.
Statement of affairs
The document provides statements of affairs for Mt Merapi Corp and HBD Corp. A statement of affairs shows a company's assets and how they are pledged, as well as its liabilities in order of priority. For each company, the summary lists assets and liabilities with book values, then calculates the estimated amounts available to unsecured creditors based on estimated current values and amounts pledged to secured creditors. It also calculates the percentage dividend that would be paid to unsecured creditors.
Topic 1 print (1)
This document provides an introduction to accounting. It defines accounting as a discipline that measures and communicates financial information about a business. It explains the accounting equation, the four core financial statements, and how to analyze business transactions by determining their impact on the accounting equation and each financial statement. Several examples of transaction analysis are provided and summarized.
Business Plan ii Financials
The document provides an overview of financial planning concepts for a new business including how to create budgets, understand pricing, manage cash flow, and develop financial statements like income statements, balance sheets, and cash flow projections. It discusses factors that influence credit scores and how to analyze expenses, revenues, breakeven points, and sources of startup capital. The financial statements are tools to evaluate the ongoing financial health and performance of a business over time.
02 - LAPORAN KEUANGAN & CHART OF ACCOUNT - 02.pdf
The document provides an overview of basic accounting principles including:
1) The accounting equation that balances assets, liabilities, and owner's equity.
2) Journal entries that record business transactions by debiting and crediting appropriate accounts.
3) The process of transferring journal entries to individual accounts in the general ledger.
Ch04 completing the accounting cycle
How to completing accounting cycle with worksheet.
This for you that interest to lean how to completing accounting system with manual. You gonna learn about basic off accounting a lot.
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Your company nameYour nameInstruction Page1. O.docx
Your company name
Your name
Instruction Page
1. On the cover page
a. Replace ‘Your Company Name’ with your company name, city and state
b. Replace ‘Date’ with the date of the plan
c. Consider inserting graphics:
i. Company logo
ii. Insert a picture or graphic of your product or service
iii. Photo of your facilities
iv. Photo of your location
2. Replace ‘ENTER YOUR COMPANY NAME HERE’ with your company name on the page with the Statement of Confidentiality & Non-Disclosure
3. Open the document header and enter your company name and your name
4. Update the table of contents as you build your business plan.
Delete this page before submitting your business plan.
Business Plan
Your Company Name Here
City, State
Date
Statement of Confidentiality & Non-Disclosure
THIS BUSINESS PLAN CONTAINS PROPRIETARY AND CONFIDENTIAL INFORMATION.
All data submitted to the receiver is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with ENTER YOUR COMPANY NAME HERE (Company). The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature.
The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent such matters are generally known to, and are available for use by, the public. The recipient also agrees not duplicate or distribute or permit others to duplicate or distribute any material contained herein without the Company's express written consent.
The Company retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia.
Disclaimer Notice
THIS BUSINESS PLAN IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
The Company reserves the right, in its sole discretion, to reject any and all proposals made by or on behalf of any recipient, to accept any such proposals, to negotiate with one or more recipients at any time, and to enter into a definitive agreement without prior notice to other recipients. The company also reserves the right to terminate, at any time, further participation in the investigation and proposal process by, or discussions or negotiations with, any recipient without reason.
BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT.
Table of Contents
Introduction and Overview 6
Executive Summary 6
Objectives 6
Mission 6
Keys to Success 6
Company Summary 6
Company Ownership 6
Start-up 6
What We Sell 7
Summary 7
Our products 7
Our services 7
Market Analysis and Sales Forecast 8
Market and Sales Forecast Summary 8
Total Market 8
Target Market Summar.
Your Company NameYour Company NameBudget Proposalfor[ent.docx
Your Company Name
Your Company Name
Budget Proposal
for
[enter years here]
BUSN278
[Term]
Professor[name]
DeVry University
Table of Contents
Section
Title
Subsection
Title
Page Number1.0Executive Summary
2.0Sales Forecast
2.1Sales Forecast
2.2Methods and Assumptions
3.0Capital Expenditure Budget
4.0Investment Analysis
4.1Cash Flows
4.2NPV Analysis
4.3Rate of Return Calculations
4.4Payback Period Calculations
5.0Pro Forma Financial Statements
5.1Pro Forma Income Statement
5.2Pro Forma Balance Sheet
5.3Pro Forma Cash Budget
6.0Works Cited
7.0Appendices
7.1Appendix 1: [description]
7.2Appendix 2:
[description]
(Please put page numbers in the last column of the table of contents above, because they apply to your finished assignment. Do this after your project is complete. Remove this text and all text that is in italics in this template when finished with your project.)
(Also, please submit your Excel spreadsheet that shows your supporting calculations.)
1.0 Executive Summary
The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geography or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this information will be found in the business profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.
Also, provide a second paragraph that describes how the budget supports the company’s strategy.
Finally, provide a third paragraph in which you summarize the key points from your budget, including the planning horizon; the amount of up-front investment; the NPV, payback, and IRR of the project; and key figures from your income statement, cash budget, and balance sheet.
Remember, this is not a thesis or introduction of what you will talk about—it contains the major, specific content of each section. The second and third paragraphs should be written after you have completed all other sections of this template.
As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own text or you will lose points!
2.0 Sales Forecast
Briefly introduce the sales forecast section.
2.1 Sales Forecast
Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table.
Year 1
Year 2
Year 3
Year 4
Year 5
Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in sect.
Your company recently reviewed the results of a penetration test.docx
Your company recently reviewed the results of a penetration test on your network. Several vulnerabilities were identified, and the IT security management team has recommended mitigation. The manager has asked you to construct a plan of action and milestones (POA&M) given that the following vulnerabilities and mitigations were identified:
The penetration test showed that not all systems had malware protection software in place. The mitigation was to write a malware defense process to include all employees and retest the system after the process was implemented.
The penetration test indicated that the data server that houses employee payroll records had an admin password of “admin.” The mitigation was to perform extensive hardening of the data server.
The penetration test also identified many laptop computers that employees brought to work and connected to the internal network,some of which were easily compromised. The mitigation was to write a bring your own device (BYOD) policy for all employees and train the employees how to use their devices at work.
Complete
the 1- to 2-page
Plan of Action and Milestones Template
. (Must use this template!)
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Your company wants to explore moving much of their data and information technology infrastructure to the cloud. The company is a small online retailer and requires a database and a web storefront. Currently, only IT is over budget on database maintenance. The initial analysis points to significant cost savings by moving to a cloud environment.
Research
the differences between Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).
Discuss
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Your company plans to establish MNE manufacturing operations in South Korea. You have been asked to conduct a cultural audit focusing on leadership behaviors of South Korea. The results of your report will be used for internal training for plant managers due to be reassigned to work with South Korean managers in a few months. You are aware of a high-collectivism culture with a Confucian code of ethical behavior in South Korea. What kinds of South Korean leadership behaviors would you expect to include in your report? Describe these in terms of interaction between the U.S. and Korean managers as well as interaction between Korean leader-followers.
By
Saturday, June 21, 2014
respond to the discussion question assigned by the faculty. Submit your response to the appropriate
Discussion Area
. Use the same
Discussion Area
to comment on your classmates' submissions and continue the discussion until
Wednesday, June 25, 2014
.
Comment on how your classmates would address differing views.
.
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Your company just purchased a Dell server MD1420 DAS to use to store databases. the databases will contain all employee records and personal identified information (PII). You know that databases like this are often targets. The Chief Information Officer has asked you draft a diagram for the server and 3 connected workstations. The diagram must use proper UML icons.
- Research:
network topology to protect database server (Google Term and click images)
-
Create a diagram using proper UML
icon, the protects the server and the 3 workstations.
-
Include where Internet access will be located
, firewall and other details.
- The
body (Min 1 page)
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Your company is considering the implementation of a technology solution to address a business problem. As a member of the IT team for a manufacturing company, you were asked to select a product to address the identified needs, informing the stakeholders about its fit to the identified needs, and providing implementation details. Several past process changes have been unsuccessful at implementation and user acceptance. You will create two artifacts that communicate product information tailored to meet the needs of each of the following stakeholder groups:
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Your company is a security service contractor that consults with businesses in the U.S. that require assistance in complying with HIPAA. You advertise a proven track record in providing information program security management, information security governance programs, risk management programs, and regulatory and compliance recommendations. You identify vulnerabilities, threats, and risks for clients with the end goal of securing and protecting applications and systems within their organization.
Your client is Health Coverage Associates, a health insurance exchange in California and a healthcare covered entity. The Patient Protection and Affordable Care Act (ACA) enables individuals and small businesses to purchase health insurance at federally subsidized rates. In the past 6 months, they have experienced:
A malware attack (i.e., SQL Injection) on a critical software application that processed and stored client protected health information (PHI) that allowed access to PHI stored within the database
An internal mistake by an employee that allowed PHI to be emailed to the wrong recipient who was not authorized to have access to the PHI
An unauthorized access to client accounts through cracking of weak passwords via the company’s website login
Health Coverage Associates would like you to
develop
a security management plan that would address the required safeguards to protect the confidentiality, integrity, and availability of sensitive data from the attacks listed above and protect their assets from the vulnerabilities that allowed the attacks to occur.
Write
a 1- to 2-page high-level executive summary of the legal and regulatory compliance requirements for Health Coverage Associates executives. The summary should provide
Accurate information on the HIPAA requirements for securing PHI
FISMA and HIPAA requirements for a security plan
Scope of the work you will perform to meet the Health Coverage Associates’ requests
Compile
a 1-to 2-page list of at least 10 of the CIS controls that provide key alignment with the administrative (policies), physical (secured facilities), and technical safeguards required under HIPAA to protect against the attacks listed above. Include corresponding NIST controls mapped to the selected CIS controls.
Write
a 1- to 2-page concise outline of the contents of the security management plan. Include
Policies Health Coverage Associates will need to manage, protect, and provide access to PHI
The recommended risk management framework Health Coverage Associates should adopt
Key elements Health Coverage Associates should include in its plan of actions and milestones
Cite
all sources using APA guidelines.
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Your company has just sent you to a Project Management Conference on the latest trends in project scope management. When you return to work, you will have to provide a report at the staff meeting on what you learned.
In your initial post
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Your company has designed an information system for a library. The project included a new network (wired and wireless), a data entry application, a Web site, database and documentation.
Design a generic test plan that describes the testing for an imaginary system, make sure to address unit, integration and system testing.
Create a one-page questionnaire to distribute to users in a post-implementation evaluation of a recent information system project. Include at least 10 questions that cover the important information you want to obtain.
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Your company has had embedded HR generalists in business units for the past several years. Over that time, it has become more costly and more difficult to maintain standards, and is a frustration for business units to have that budget “hit.” The leadership has decided to move to a more centralized model of delivering HR services and has asked you to evaluate that proposition and begin establishing a project team to initiate the needed changes. The project team is selected, and you must now provide general direction.
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Your company: You are a new Supply Chain Analyst with the ACME Corporation. We design specialty electronics that are components in larger finished goods such as major appliances, automobiles and industrial equipment. Manufacturing is outsourced to low-cost suppliers due to the significant labor contribution and closeness to electronic component suppliers.
Your product: ACME Corp. designs a leading-edge family of devices branded as “Voice Assistants.” These are add-on boxes that many OEMs are using as plug-and-play devices in a wide variety of Internet-of-Things products. They are also sold directly to consumers as after-market items, but only for IoT devices that were built with our proprietary data-port.
Figure 1: Product line of ACME Corp Voice Assistant IoT Add-on Boxes
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Detailed Requirements: Prepare a formal report summarizing your results and providing recommendations that are supported by facts. The required layout follows:
A. Supply Chain Management:
a. Identify a single key supplier and a single key customer for your product, including a brief description of their product.
b. Identify the proper type of business relationship that your company should have with the supplier and customer from Part A, above, then briefly describe the data that you would share with them.
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Your company has asked that you create a survey to collect data .docx
Your company has asked that you create a survey to collect data on customer satisfaction related to their health care experience at your hospital.
Assignment Details (4-5 pages)
Please Add Title to page
Page 1:
A brief summary of the health care issue/topic (wait time, medication errors, etc.)
Number and access of source to sample and population
Limitations of the survey (parameters)
Time line for completion of survey
Page 2: Survey Questions
Survey questions: Limit the questions to 10
Page 3: Compilation of Data
Time line for assessment and evaluation of data
Challenges faced during this process
Page 4: Results and Conclusions
Results of study
Conclusions and potential value of the findings
Reference page
Deliverable Length
4–5 pages
Title and reference pages
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"Your Communications Plan"
Description
A.
What is your challenge or opportunity?
The topic I would like to present is pitching an Project idea for some investor to invest in my Women’s Resources center.(Voices Of Women)
B.
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Why is this professionally important to you?
Goal
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What goal or outcome do you want to achieve with this communication?
I.
Is it clear, concise, and actionable?
Audience
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Who is you target audience?
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I.
What demographic characteristics will the audience comprise?
II.
What is your relationship to the audience?
III.
What background knowledge and expertise does the audience have?
IV.
What does the audience know, feel about, and expect concerning this communication?
V.
What preconceptions or biases do you possess that might prevent you from building rapport with your audience?
B.
What information is available about your audience?
A.
b.
c.
I.
What research/sources will you use to obtain information about the audience?
II.
What conclusions have you been able to draw about the audience?
C.
What tone will you
"Your Communications Plan"
Description
A.
What is your challenge or opportunity?
The topic I would like to present is pitching an Project idea for some investor to invest in my Women’s Resources center.(Voices Of Women)
B.
.
Why is this professionally important to you?
Goal
A.
What goal or outcome do you want to achieve with this communication?
I.
Is it clear, concise, and actionable?
Audience
A.
Who is you target audience?
What are the professional positions of the audience?
I.
What demographic characteristics will the audience comprise?
II.
What is your relationship to the audience?
III.
What background knowledge and expertise does the audience have?
IV.
What does the audience know, feel about, and expect concerning this communication?
V.
What preconceptions or biases do you possess that might prevent you from building rapport with your audience?
B.
What information is available about your audience?
A.
b.
c.
I.
What research/sources will you use to obtain information about the audience?
II.
What conclusions have you been able to draw about the audience?
C.
What tone will you use to convey your message?
I.
Is the setting casual or formal?
II.
Is the communication personal or impersonal?
Key Message
A.
What is the primary message you must convey to your audience?use to convey your message?
I.
Is the setting casual or formal?
II.
Is the communication personal or impersonal?
Key Message
A.
What is the primary message you must convey to your audience?
.
Your community includes people from diverse backgrounds. Answer .docx
Your community includes people from diverse backgrounds. Answer the following questions related to how culture affects nutrition.
1. How does your culture shape decisions that you make about nutrition? (Culture includes history, values, politics, economics, communication styles, beliefs, and practices.)
2. Describe at least 1 different cultures present at your community. How do these cultures impact food choices?
3. Describe how you interact with someone from another culture related to diet. Provide specific examples.
4. Assume that you are preparing a Thanks Giving dinner for a group of your classmates that represent a variety of cultures. Describe how you will prepare the menu and set the table. Include how you will address food safety at the picnic.
Explore ways to address the problem of food insecurity in your community.
1. What programs are available to meet the nutrition needs of individuals in the area?
2. What types of options exist in the area to purchase food?
3. What role do you believe society should take to ensure that individuals have access to adequate healthy food?
4. What do you see as your role in the community related to proper nutrition?
.
Your Communications Plan Please respond to the following.docx
"Your Communications Plan"
Please respond to the following:
Provide a brief overview of your Strategic Communications Plan. Include a short description for each of the following
in bullet point format
:
- The purpose of the communication
- Your goal
- Audience
- Key Message
- Supporting Points
- Channel Selection
- Action Request
Note:
Remember, feedback is a powerful and essential tool. Thoughtful, useful feedback is specific. It combines suggestions for improvement with the recognition of good ideas. When you offer feedback, you should contribute new ideas and new perspectives to help your peers learn and move forward.
.
Your Communication InvestigationFor your mission after reading y.docx
You are to observe human interaction for 15 minutes in a public setting, noting details of two people's conversation without interrupting. You should describe the communication environment and identify elements of the transactional communication model. Finally, post a brief report on the discussion board, and reply to two classmates' posts with empathetic perspectives on their observations.
Your Communications PlanFirst step Choose a topic. Revi.docx
"Your Communications Plan"
First step: Choose a topic. Review the Communication Challenge Topics and choose one that is relevant and interesting to you. Make sure to review the examples and anecdotes that follow each topic in this document. You can also find this information under the Course Info tab.
Second step: Review the Strategic Communication Plan example. Your plan should mirror this example in format and length. You can also find this example under the Course Info tab.
Third step: In this discussion, please respond to the following:
Part 1: What is your topic?
Part 2: Provide a rough draft of your Strategic Communications Plan for peer review and instructor feedback. Your draft should include enough detail that we can provide strong constructive feedback and input.
COM510 ASSIGNMENT COMMUNICATION CHALLENGE TOPICS
In the world of business, we can create opportunities through strategic communication. Throughout our professional careers, there are key events that raise the stakes of our communications approach.
WHAT YOU’LL DO
1) Review the Communication Challenge Topics and their accompanying case study examples.
2) Select 1 topic that is professionally relevant for you.
3) Use for your COM510 assignments (the topic you have selected, not the case study example).
Note: If there is another challenge or current opportunity in your professional life that is more relevant for you, you may choose a topic that is not on this list. Keep in mind that the communication challenge you select must in- clude both written and verbal communication elements to meet the needs of this course. (Your professor must approve your selection before you proceed.)
1
Examples of each scenario are provided to demonstrate what thoughtful, professional communication would look like in each of these situations. These are only examples and should not be used for completing the assignment. You can create and establish all necessary assumptions. The scenario is yours to explain.
COMMUNICATION CHALLENGE TOPICS
Choose one of the following topics for your assignments.
• Internal Promotion Opportunity
• New Job Opportunity Interview
• Running a Meeting
• Coaching Your Direct Employees
• Pitching a Project Idea
INTERNAL PROMOTION
Seeking a promotion from within your company is one opportunity in which strategic communication could mean the difference be- tween success and failure. If you choose this scenario, you’ll need to create both a written and a verbal (audio or video) communica- tion. These elements should explain why you are the right person for the internal promotion while addressing potential questions you might need to answer as part of the process.
Things to Consider
• Have you checked the listings on your company’s job board lately?
• Is there a new position you would like to secure?
• Have you taken on more responsibility at work?
• Have your outcomes been positive?
• Do your job title and job description match what you do? .
Your coffee franchise cleared for business in both countries (Mexico.docx
Your coffee franchise cleared for business in both countries (Mexico, and China). You now have to develop your global franchise team and start construction of your restaurants. . You invite all of the players to the headquarters in the United States for a big meeting to explain the project and get to know one another since they represent the global division of your company.
You are concerned with the following two issues. Substantively address each in a two-part paper, applying Beyond the Book, MUSE, Intellipath and library resources to support your reasoning
Part 1: Effective communication with participants
What are the implications of the cultural variables for your communication with the team representative from each country in the face to face meeting?
Address Hall’s high and low context regarding verbal and non-verbal communication. The United States is a low context culture, while each country is high context.
Tip: Write at least one substantive paragraph for each country
Video on Hall's high and Low Context Communication
Part 2: Effective communication among participants
What are examples of barriers and biases in cross-cultural business communications that may impact the effectiveness of communication among the meeting participants and in potential negotiations?
What are some of the issues you should be concerned about regarding verbal and nonverbal communication for this group to avoid misinterpretations and barriers to communication?
Please submit your assignment.
.
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- 20. 8. Nov. 10 Assets (A) = Liabilities (L) + Net Assets (NA) Cash = Notes payable No change + $75,000 +
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