For more course tutorials visit
www.newtonhelp.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations). Also
include key users of financial information and briefly explain their roles.
For more course tutorials visit
www.tutorialrank.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations).
For more course tutorials visit
www.tutorialrank.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations).
For more course tutorials visit
www.tutorialrank.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations). Also
For more course tutorials visit
www.tutorialrank.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations). Also
For more classes visit
www.snaptutorial.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and
ACC 291 GENIUS NEW Knowledge Specialist--acc291genius.comchrysanthemu76
Â
FOR MORE CLASSES VISIT
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1. The term âreceivablesâ refers to cash to be paid to debtors. merchandise to be collected from individuals or companies. cash to be paid to creditors. amounts due from individuals or companies. 2. Three accounting issues associated with accounts receivable are depreciating, valuing, and collecting. depreciating, returns, and valuing. accrual, bad debts, and accelerating collections. recognizing, valuing, and accelerating collections. 3. When the
2014 Balance SheetThe Walt Disney Company (DIS) - ServicesPeriod E.docxeugeniadean34240
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2014 Balance SheetThe Walt Disney Company (DIS) - ServicesPeriod Ending3-Oct-1527-Sep-1428-Sep-13AssetsCurrent AssetsCash And Cash Equivalents4,269,000Â Â 3,421,000Â Â 3,931,000Â Â Short Term Investments- Â - Â - Â Net Receivables8,786,000Â Â 8,319,000Â Â 7,452,000Â Â Inventory1,571,000Â Â 1,574,000Â Â 1,487,000Â Â Other Current Assets2,132,000Â Â 1,855,000Â Â 1,239,000Â Â Total Current Assets16,758,000Â Â 15,169,000Â Â 14,109,000Â Â Long Term Investments2,643,000Â Â 2,696,000Â Â 2,849,000Â Â Property Plant and Equipment25,179,000Â Â 23,332,000Â Â 22,380,000Â Â Goodwill27,826,000Â Â 27,881,000Â Â 27,324,000Â Â Intangible Assets7,172,000Â Â 7,434,000Â Â 7,370,000Â Â Accumulated Amortization- Â - Â - Â Other Assets8,604,000Â Â 7,629,000Â Â 7,209,000Â Â Deferred Long Term Asset Charges- Â - Â - Â Total Assets88,182,000Â Â 84,141,000Â Â 81,241,000Â Â LiabilitiesCurrent LiabilitiesAccounts Payable7,844,000Â Â 7,595,000Â Â 6,803,000Â Â Short/Current Long Term Debt4,563,000Â Â 2,164,000Â Â 1,512,000Â Â Other Current Liabilities3,927,000Â Â 3,533,000Â Â 3,389,000Â Â Total Current Liabilities16,334,000Â Â 13,292,000Â Â 11,704,000Â Â Long Term Debt12,773,000Â Â 12,631,000Â Â 12,776,000Â Â Other Liabilities6,369,000Â Â 5,942,000Â Â 4,561,000Â Â Deferred Long Term Liability Charges4,051,000Â Â 4,098,000Â Â 4,050,000Â Â Minority Interest4,130,000Â Â 3,220,000Â Â 2,721,000Â Â Negative Goodwill- Â - Â - Â Total Liabilities43,657,000Â Â 39,183,000Â Â 35,812,000Â Â Stockholders' EquityMisc Stocks Options Warrants- Â - Â - Â Redeemable Preferred Stock- Â - Â - Â Preferred Stock- Â - Â - Â Common Stock35,122,000Â Â 34,301,000Â Â 33,440,000Â Â Retained Earnings59,028,000Â Â 53,734,000Â Â 47,758,000Â Â Treasury Stock-47,204,000-41,109,000-34,582,000Capital Surplus- Â - Â - Â Other Stockholder Equity-2,421,000-1,968,000-1,187,000Total Stockholder Equity44,525,000Â Â 44,958,000Â Â 45,429,000Â Â Net Tangible Assets9,527,000Â Â 9,643,000Â Â 10,735,000Reference:Yahoo! Inc. (2015, December 20). Yahoo! Finance. Retrieved from http://finance.yahoo.com/http://finance.yahoo.com/q/bs?s=DIS+Balance+Sheet&annual
2014 Cash FlowThe Walt Disney Company (DIS) - ServicesPeriod Ending3-Oct-1527-Sep-1428-Sep-13Net Income8,382,000Â Â 7,501,000Â Â 6,136,000Â Â Operating Activities, Cash Flows Provided By or Used InDepreciation2,354,000Â Â 2,288,000Â Â 2,192,000Â Â Adjustments To Net Income-426,000-240,000521,000Â Â Changes In Accounts Receivables-211,000-480,000-374,000Changes In Liabilities305,000Â Â 440,000Â Â 456,000Â Â Changes In Inventories1,000Â Â -81,00051,000Â Â Changes In Other Operating Activities34,000Â Â -151,000-30,000Total Cash Flow From Operating Activities10,909,000Â Â 9,780,000Â Â 9,452,000Â Â Investing Activities, Cash Flows Provided By or Used InCapital Expenditures-4,265,000-3,311,000-2,796,000Investments166,000Â Â 395,000Â Â 479,000Â Â Other Cash flows from Investing Activities-146,000-429,000-2,359,000Total Cash Flows From Investing Activities-4,245,000-3,345,000-4,676,000Financing Activities, Cash Flows Provided By or Used InDividends Paid-3,063,000-1,508,000-1,324,000Sale Purchase of Stock-4,754,000-5,515,000-2,995,000Net Borrowings2,705,000Â Â 633,000Â Â 379,000Â Â .
MenuACCT 212: Course ProjectRequirementRequirement DescriptionWorksheet Name1Prepare the Journal Entries in the General Journal1 - Journal Entries2Post Journal Entries to the General Ledger2 - General Ledger3Prepare a Trial Balance3 - Trial Balance4Prepare the Adjusting Entries4 &5 - Adjusting Entries5Post Adjusting Entries to the General Ledger4 &5 -Adjusting Entries ( Use worksheet #2)6Prepare an Adjusted Trial Balance6- Adjusted TB7Prepare the Financial Statements7 - Financial Statements8Prepare the Closing Entries8&9 - Closing Entries ( use worksheet #2)9Post Closing Entries to the General Ledger8&9- General Ledger10Prepare the Post Closing Trial Balance10 - Post Closing Trial Balance11Compute Ratios11-Ratios12Interpret the Ratios12-Interpretation of Ratios
Project InstructionsCourse Project OverviewThe Course Project consists of 10 Requirements for you to complete. The Course Project is due at the end of Week 6. See the Syllabus section âDue Dates for Assignments & Examsâ for due date information. All of the information you need to complete the Course Project is located in this Workbook.
⢠There are eight worksheets in the workbook you will need to complete.
⢠A list of March transactions
⢠A Chart of Accounts reference sheet
⢠A Grading Rubric to help explain what is expected.
⢠Each worksheet has the Check Figures embedded as a comment.
ScenarioYouâve just secured a new client in your accounting practice, Bethany's Bicycle Corporation (BBC), a brand new small business specializing in bicycle repair. The owner, Bethany Beck, is a terrific cyclist and bike repair specialist, but definitely not an accountant. Your job is to helpBethany put his affairs in order. Luckily Bethany has only been in operation for a month and things have not gotten too out of hand yet! Bethany has to submit his financial statements to her investors and doesnât know where to begin. Itâs your job to go through the complete Accounting cycle to prepare the financial statements for the BBC.RequirementsGuidelinesUse the embedded assistance in the template, guidance in your textbook, and examples in the weekly lectures to complete this project. Should you have any questions contact your professor.Milestone 1 is due in Week 4 - This includes project requirements 1-3.Milestone 2 is due in Week 6 - This includes project requirements 4-10.
Before You Begin:
ďˇ Review the Week 2 Lecture prior to starting work on this project.
ďˇ Print the Chart of Accounts and October Transactions worksheets for your reference. You will need to refer to both throughout the project.
ďˇ Review the Grading Criteria.
ďˇ SAVE your work frequently in this workbook.
March TransactionsDuring its first month of operation, the Bethany's Bicycle Corporation, which specializes in bicycle repairs, completed the following transactions.March TransactionsDateTransaction DescriptionMarch 1Began business by making a deposit in a company bank account of $20,000, in exchange for 2,000 shares of $10 par value.
For more course tutorials visit
www.tutorialrank.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations). Also
For more course tutorials visit
www.tutorialrank.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations). Also
For more classes visit
www.snaptutorial.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and
ACC 291 GENIUS NEW Knowledge Specialist--acc291genius.comchrysanthemu76
Â
FOR MORE CLASSES VISIT
www.acc291genius.com
1. The term âreceivablesâ refers to cash to be paid to debtors. merchandise to be collected from individuals or companies. cash to be paid to creditors. amounts due from individuals or companies. 2. Three accounting issues associated with accounts receivable are depreciating, valuing, and collecting. depreciating, returns, and valuing. accrual, bad debts, and accelerating collections. recognizing, valuing, and accelerating collections. 3. When the
2014 Balance SheetThe Walt Disney Company (DIS) - ServicesPeriod E.docxeugeniadean34240
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2014 Balance SheetThe Walt Disney Company (DIS) - ServicesPeriod Ending3-Oct-1527-Sep-1428-Sep-13AssetsCurrent AssetsCash And Cash Equivalents4,269,000Â Â 3,421,000Â Â 3,931,000Â Â Short Term Investments- Â - Â - Â Net Receivables8,786,000Â Â 8,319,000Â Â 7,452,000Â Â Inventory1,571,000Â Â 1,574,000Â Â 1,487,000Â Â Other Current Assets2,132,000Â Â 1,855,000Â Â 1,239,000Â Â Total Current Assets16,758,000Â Â 15,169,000Â Â 14,109,000Â Â Long Term Investments2,643,000Â Â 2,696,000Â Â 2,849,000Â Â Property Plant and Equipment25,179,000Â Â 23,332,000Â Â 22,380,000Â Â Goodwill27,826,000Â Â 27,881,000Â Â 27,324,000Â Â Intangible Assets7,172,000Â Â 7,434,000Â Â 7,370,000Â Â Accumulated Amortization- Â - Â - Â Other Assets8,604,000Â Â 7,629,000Â Â 7,209,000Â Â Deferred Long Term Asset Charges- Â - Â - Â Total Assets88,182,000Â Â 84,141,000Â Â 81,241,000Â Â LiabilitiesCurrent LiabilitiesAccounts Payable7,844,000Â Â 7,595,000Â Â 6,803,000Â Â Short/Current Long Term Debt4,563,000Â Â 2,164,000Â Â 1,512,000Â Â Other Current Liabilities3,927,000Â Â 3,533,000Â Â 3,389,000Â Â Total Current Liabilities16,334,000Â Â 13,292,000Â Â 11,704,000Â Â Long Term Debt12,773,000Â Â 12,631,000Â Â 12,776,000Â Â Other Liabilities6,369,000Â Â 5,942,000Â Â 4,561,000Â Â Deferred Long Term Liability Charges4,051,000Â Â 4,098,000Â Â 4,050,000Â Â Minority Interest4,130,000Â Â 3,220,000Â Â 2,721,000Â Â Negative Goodwill- Â - Â - Â Total Liabilities43,657,000Â Â 39,183,000Â Â 35,812,000Â Â Stockholders' EquityMisc Stocks Options Warrants- Â - Â - Â Redeemable Preferred Stock- Â - Â - Â Preferred Stock- Â - Â - Â Common Stock35,122,000Â Â 34,301,000Â Â 33,440,000Â Â Retained Earnings59,028,000Â Â 53,734,000Â Â 47,758,000Â Â Treasury Stock-47,204,000-41,109,000-34,582,000Capital Surplus- Â - Â - Â Other Stockholder Equity-2,421,000-1,968,000-1,187,000Total Stockholder Equity44,525,000Â Â 44,958,000Â Â 45,429,000Â Â Net Tangible Assets9,527,000Â Â 9,643,000Â Â 10,735,000Reference:Yahoo! Inc. (2015, December 20). Yahoo! Finance. Retrieved from http://finance.yahoo.com/http://finance.yahoo.com/q/bs?s=DIS+Balance+Sheet&annual
2014 Cash FlowThe Walt Disney Company (DIS) - ServicesPeriod Ending3-Oct-1527-Sep-1428-Sep-13Net Income8,382,000Â Â 7,501,000Â Â 6,136,000Â Â Operating Activities, Cash Flows Provided By or Used InDepreciation2,354,000Â Â 2,288,000Â Â 2,192,000Â Â Adjustments To Net Income-426,000-240,000521,000Â Â Changes In Accounts Receivables-211,000-480,000-374,000Changes In Liabilities305,000Â Â 440,000Â Â 456,000Â Â Changes In Inventories1,000Â Â -81,00051,000Â Â Changes In Other Operating Activities34,000Â Â -151,000-30,000Total Cash Flow From Operating Activities10,909,000Â Â 9,780,000Â Â 9,452,000Â Â Investing Activities, Cash Flows Provided By or Used InCapital Expenditures-4,265,000-3,311,000-2,796,000Investments166,000Â Â 395,000Â Â 479,000Â Â Other Cash flows from Investing Activities-146,000-429,000-2,359,000Total Cash Flows From Investing Activities-4,245,000-3,345,000-4,676,000Financing Activities, Cash Flows Provided By or Used InDividends Paid-3,063,000-1,508,000-1,324,000Sale Purchase of Stock-4,754,000-5,515,000-2,995,000Net Borrowings2,705,000Â Â 633,000Â Â 379,000Â Â .
MenuACCT 212: Course ProjectRequirementRequirement DescriptionWorksheet Name1Prepare the Journal Entries in the General Journal1 - Journal Entries2Post Journal Entries to the General Ledger2 - General Ledger3Prepare a Trial Balance3 - Trial Balance4Prepare the Adjusting Entries4 &5 - Adjusting Entries5Post Adjusting Entries to the General Ledger4 &5 -Adjusting Entries ( Use worksheet #2)6Prepare an Adjusted Trial Balance6- Adjusted TB7Prepare the Financial Statements7 - Financial Statements8Prepare the Closing Entries8&9 - Closing Entries ( use worksheet #2)9Post Closing Entries to the General Ledger8&9- General Ledger10Prepare the Post Closing Trial Balance10 - Post Closing Trial Balance11Compute Ratios11-Ratios12Interpret the Ratios12-Interpretation of Ratios
Project InstructionsCourse Project OverviewThe Course Project consists of 10 Requirements for you to complete. The Course Project is due at the end of Week 6. See the Syllabus section âDue Dates for Assignments & Examsâ for due date information. All of the information you need to complete the Course Project is located in this Workbook.
⢠There are eight worksheets in the workbook you will need to complete.
⢠A list of March transactions
⢠A Chart of Accounts reference sheet
⢠A Grading Rubric to help explain what is expected.
⢠Each worksheet has the Check Figures embedded as a comment.
ScenarioYouâve just secured a new client in your accounting practice, Bethany's Bicycle Corporation (BBC), a brand new small business specializing in bicycle repair. The owner, Bethany Beck, is a terrific cyclist and bike repair specialist, but definitely not an accountant. Your job is to helpBethany put his affairs in order. Luckily Bethany has only been in operation for a month and things have not gotten too out of hand yet! Bethany has to submit his financial statements to her investors and doesnât know where to begin. Itâs your job to go through the complete Accounting cycle to prepare the financial statements for the BBC.RequirementsGuidelinesUse the embedded assistance in the template, guidance in your textbook, and examples in the weekly lectures to complete this project. Should you have any questions contact your professor.Milestone 1 is due in Week 4 - This includes project requirements 1-3.Milestone 2 is due in Week 6 - This includes project requirements 4-10.
Before You Begin:
ďˇ Review the Week 2 Lecture prior to starting work on this project.
ďˇ Print the Chart of Accounts and October Transactions worksheets for your reference. You will need to refer to both throughout the project.
ďˇ Review the Grading Criteria.
ďˇ SAVE your work frequently in this workbook.
March TransactionsDuring its first month of operation, the Bethany's Bicycle Corporation, which specializes in bicycle repairs, completed the following transactions.March TransactionsDateTransaction DescriptionMarch 1Began business by making a deposit in a company bank account of $20,000, in exchange for 2,000 shares of $10 par value.
FOR MORE CLASSES VISIT
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How would you describe the entries to record the disposition of accounts receivables?
What is their function?
Question 1The trial balance columns of the worksheet for Cajon.docxIRESH3
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Question 1
The trial balance columns of the worksheet for Cajon Company at June 30, 2014, are as follows.
CAJON COMPANY
Worksheet
For the Month Ended June 30, 2014
Trial Balance
Account Titles
Dr.
Cr.
Cash
$4,020
Accounts Receivable
2,440
Supplies
1,900
Accounts Payable
$1,120
Unearned Service Revenue
240
Common Stock
5,000
Service Revenue
3,100
Salaries and Wages Expense
860
Miscellaneous Expense
240
$9,460
$9,460
Other data:
1.
A physical count reveals $500 of supplies on hand.
2.
$100 of the unearned revenue is still unearned at month-end.
3.
Accrued salaries are $250.
Complete the worksheet.
CAJONÂ COMPANY
Worksheet
For the Month Ended June 30, 2014
Trial Balance
Adjustments
Adj. Trial Balance
Income Statement
Balance Sheet
Account Titles
Dr
Cr.
Dr
Cr.
Dr
Cr.
Dr
Cr.
Dr
Cr.
Cash
4,020
Accounts Receivable
2,440
Supplies
1,900
Accounts Payable
1,120
Unearned Service Revenue
240
Common Stock
5,000
Service Revenue
3,100
Salaries and Wages Expense
860
Miscellaneous Expense
240
Totals
9,460
9,460
Supplies Expense
Salaries and Wages Payable
Totals
Net Income
Totals
Click here if you would like to ShowÂ
Question 2
Lanza Company had the following adjusted trial balance.
LANZA COMPANY
Adjusted Trial Balance
For the Month Ended June 30, 2014
Adjusted Trial Balance
Account Titles
Debit
Credit
Cash
$3,712
Accounts Receivable
3,904
Supplies
480
Accounts Payable
$1,556
Unearned Service Revenue
160
Common Stock
4,000
Retained Earnings
1,760
Dividends
600
Service Revenue
4,300
Salaries and Wages Expense
1,344
Miscellaneous Expense
180
Supplies Expense
1,900
Salaries and Wages Payable
344
$12,120
$12,120
(a)
Prepare closing entries at June 30, 2014. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
No.
Account Titles and Explanation
Debit
Credit
1.
(To close revenue account.)
2.
(To close expense accounts)
3.
(To close net income / (loss).)
4.
(To close dividends)
Question 4
Excelsior Amusement Park has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presented below.
Excelsior Amusement Park
Worksheet
For the Year Ended September 30, 2014
Trial Balance
Adjusted Trial Balance
Dr.
Cr.
Dr.
Cr.
Cash
34,400
34,400
Supplies
18,600
2,200
Prepaid Insurance
29,900
10,900
Land
80,000
80,000
Equipment
120,000
120,000
Accumulated Depreciation-Equip.
36,200
42,200
Accounts Payable
14,600
14,600
Unearned Ticket Revenue
3,900
1,000
Mortgage Payable
50,000
50,000
Common ...
FOR MORE CLASSES VISIT
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How would you describe the entries to record the disposition of accounts receivables?
What is their function?
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Model Attribute Check Company Auto PropertyCeline George
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In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
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Andreas Schleicher presents at the OECD webinar âDigital devices in schools: detrimental distraction or secret to success?â on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus âManaging screen time: How to protect and equip students against distractionâ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective âStudents, digital devices and successâ can be found here - https://oe.cd/il/5yV
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
How to Create Map Views in the Odoo 17 ERPCeline George
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The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
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http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasnât one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
GIĂO ĂN Dáş Y THĂM (Káşž HOáş CH BĂI BUáťI 2) - TIáşžNG ANH 8 GLOBAL SUCCESS (2 CáťT) N...
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HCS 380 Doing by learn/newtonhelp.com
1. HCS 380 Week 1 Individual Assignment Reference Chart
For more course tutorials visit
www.newtonhelp.com
Reference Chart
Instructions:
Create a chart detailing the three different forms of business
organizations (proprietorships, partnerships, and corporations). Also
include key users of financial information and briefly explain their roles.
Cite 3 peer-reviewed, scholarly, or similar references to support your
paper.
Click on the Assignment Files tab to submit your assignment.
---------------------------------------------------------------------------------------------------------------
HCS 380 Week 1 WileyPLUS (Ex 1-15, Ex Problem 1-3A, Ex
2-1, Ex 2-5, Problem 2-3A)
For more course tutorials visit
www.newtonhelp.com
2. This Tutorial contains Excel Sheet which can be used to solve below
mentioned Problem for any numbers/values
Complete the assigned exercises in WileyPLUS.
Excel Exercise 1-15
Excel Problem 1-3A
Exercise 2-1
Exercise 2-5
Problem 2-3A
Problem 2-2A
You should see the following assignments that are due for a grade:
Chapter 1 - Excel assignment;
3. Chapter 2 - Homework assignment â wileyplus prepare excel sheet
Chapter 2 â Problems -- prepare excel sheet
NOTE: Assignment must be completed by Due Date.
E1-15
Classify items as assets, liabilities, and stockholders' equity, and prepare
accounting equation
Suppose the following items were taken from the balance sheet of Nike,
Inc. (All items are in millions.)
1. Cash $2,291.1 7. Inventory $2,357.0
2. Accounts receivable 2,883.9 8. Income
taxes payable 86.3
3. Common stock 2,874.2 9. Equipment
1,957.7
4. Notes payable 342.9 10. Retained earnings
5,818.9
5. Buildings 3,759.9 11. Accounts payable
2,815.8
6. Mortgage payable 1,311.5
Instructions
4. (a) Classify each of these items as an asset, liability, or stockholders'
equity and determine the total
dollar amount for each classification.
(b) Determine Nike's accounting equation by calculating the value
of total assets, total liabilities, and
total stockholders' equity.
(c ) To what extent does Nike rely on debt versus equity financing?
NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?"
P1-3A
Prepare an income statement, retained earnings statement and balance
sheet; discuss results
On June 1, Hightower Service Co. was started with an initial investment
in the company of $22,100 cash.
Here are the assets, liabilities, and common stock of the company at
June 30, and the revenues and
expenses for the month of June, its first month of operations:
Cash $4,600 Notes payable $12,000
Accounts receivable 4,000 Accounts payable 500
5. Service revenue 7,500 Supplies expense
1,000
Supplies 2,400 Maintenance and repairs expense
600
Advertising expense 400 Utilities expense 300
Equipment 26,000 Salaries and wages expense
1,400
Common Stock 22,100
In June, the company issued no additional stock but paid dividends of
$1,400.
Instructions
(a) Prepare an income statement and retained earnings statement for
the month of June and a balance sheet
at June 30, 2014.
(b) Briefly discuss whether the company's first month of operations
was a success.
(c ) Discuss the company's decision to distribute a dividend.
NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?" .
6. Exercise 2-1
Classify each of the following financial statement items taken from
Mordica Corporationâs balance sheet.
Accounts payable
Accounts receivable
Entry field with incorrect answer Accumulated depreciationâ
equipment
Buildings
Cash
Interest payable
Goodwill
Income taxes payable
Inventory
Stock investments (to be
Land (in use)
Mortgage payable
Supplies
Equipment
10. Problem 2-3A
You are provided with the following information for Ramirez
Enterprises, effective as of its April 30, 2014, year-end.
Accounts payable
$ 868
Accounts receivable
918
Accumulated depreciationâequipment
670
Cash
1,378
Common stock
1,224
Cost of goods sold
13. 666
Salaries and wages payable
256
Sales revenue
5,208
Stock investments (short-term)
1,274
Prepare an income statement for Ramirez Enterprises for the year ended
April 30, 2014.
Problem 2-2A
These items are taken from the financial statements of Tresh
Corporation for 2014.
Retained earnings (beginning of year)
$34,462
17. you to prepare a 10-to 15- slide MicrosoftÂŽ PowerPointÂŽ presentation
in
which you do the following:
⢠Describe the relationship between financial statements and the
supplemental components comprised in an annual report.
⢠Explain how the accounting equation affects financial statement
components.
⢠Determine the effects of transactions on the accounting equation.
Include the following with your presentation:
⢠Detailed speaker notes
⢠Specific examples
⢠A 1-page handout to give to students
Format your presentation according to APA guidelines.
Cite 3 peer-reviewed, scholarly, or similar references to support your
paper.
Click on the Assignment Files tab to submit your assignment.
---------------------------------------------------------------------------------------------------------------
HCS 380 Week 2 WileyPLUS Excel Assignment (Ex 4-12, Ex
4-13, Ex 4-16, Ex P4-1A)
18. For more course tutorials visit
www.newtonhelp.com
Complete the assigned exercises in WileyPLUS.
You should see the following assignments that are due for a grade:
¡
Chapter 4 - Excel assignment
NOTE: Assignment must be completed by Due Date. Automatic
deduction of 50% of points if received after due date. No points
awarded if completed after 4 days from Due Date.
Excel Exercise 4-12
Excel Exercise 4-13
Excel Exercise 4-16
Excel Problem 4-1A
19. E4-12 Prepare a correct income statement
The income statement of Garska Co. for the month of July shows net
income of $2,000
based on Service Revenue $5,500; Salaries and Wages $2,100; Supplies
Expense $900;
and Utilities Expense $500. In reviewing the statement, you discover
the following:
1. Insurance expired during July of $350 was omitted.
2. Supplies expense includes $200 of supplies that are still on hand
at July 31.
3. Depreciation on equipment of $150 was omitted.
4. Accrued but unpaid wages at July 31 of $360 were not included,
5. Services performed but unrecorded totaled $700.
Instructions
Prepare a correct income statement for July 2014.
NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?" .
E4-13 Analyze adjusted data
20. This is a partial adjusted trial balance of Barone Company
BARONE COMPANY
Adjusted Trial Balance
January 31, 2014
Debit Credit
Supplies $700
Prepaid Insurance 1,560
Salaries and Wages Payable $1,060
Unearned Service Revenue 750
Supplies Expense 950
Insurance Expense 520
Salaries and Wages Expense 1,800
Service Revenue 4,000
Instructions
Answer these questions, assuming the year begins January 1.
(a) If the amount in Supplies Expense is the January 31 adjusting
entry, and
21. $300 of supplies was purchased in January, what was the balance
in Supplies
on January 1?
(b) If the amount in Insurance Expense is the January 31 adjusting
entry, and the
original insurance premium was for 1 year, what was the total
premium and
when was the policy purchased?
(c ) If $2,500 of salaries was paid in January, what was the balance
in Salaries and
Wages Payable at December 31, 2013?
(d) If $1,800 was received in January for services performed in
January, what was
the balance in Unearned Service Revenue at December 31, 2013?
NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?" .
E4-16 Prepare adjusting entries from analysis of trial balance
The trial balance shown below are before and after adjustment for Bere
Company at the end of its fiscal year.
BERE OMPANY
Trial Balance
22. August 31, 2014
Instructions
Prepare the adjusting entries that were made
NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?" .
P4-1A Record transactions on accrual basis; convert revenue to cash
receipts
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HCS 380 Week 3 Individual Assignment Accounting
Comparison (2 Papers)
For more course tutorials visit
www.newtonhelp.com
This Tutorial contains 2 Papers
23. HCS 380 Week 3 Individual Assignment Accounting Comparison
Accounting Comparison
Instructions:
Create a diagram comparing accrual and cash accounting. Also include
a 350- to 700-word summary of the differentiation and uses of the two.
Cite 3 peer-reviewed, scholarly, or similar references to support your
paper.
Click on the Assignment Files tab to submit your assignment.
---------------------------------------------------------------------------------------------------------------
HCS 380 Week 3 WileyPLUS Ex 13-9, Ex 13-13
For more course tutorials visit
www.newtonhelp.com
This Tutorial contains Excel Sheet which can be used to solve below
mentioned Problem for any numbers/values
24. Complete the assigned exercises in WileyPLUS.
Exercise 13-9
Exercise 13-13
Exercise 13-9
http://edugen.wiley.com/edugen/art2/common/pixel.gif
Your answer is partially correct.
Kinder Company has these comparative balance sheet data:
KINDER COMPANY
Balance Sheets
December 31
2014
2013
Cash
27. 79,720
$687,585
$637,760
Additional information for 2014:
1.
Net income was $30,600.
2.
Sales on account were $377,000.Sales returns and allowances amounted
to $26,600.
3.
Cost of goods sold was $201,000.
4.
Net cash provided by operating activities was $58,500.
5.
28. Capital expenditures were $26,100, and cash dividends were $17,300.
Compute the following ratios at December 31, 2014.
Exercise 13-13
http://edugen.wiley.com/edugen/art2/common/pixel.gif
Your answer is partially correct.
The condensed financial statements of Elliott Company for the years
2013 and 2014 are presented below.
ELLIOTT COMPANY
Balance Sheets
December 31 (in thousands)
2014
2013
29. Current assets
Cash and cash equivalents
$330
$360
Accounts receivable (net)
545
475
Inventory
640
570
Prepaid expenses
130
33. 1,045
965
Selling & administrative expenses
2,400
2,330
Interest expense
10
20
Total costs and expenses
3,455
3,315
Income before income taxes
525
34. 325
Income tax expense
210
130
Net income
$ 315
$ 195
Compute the following ratios for 2014 and 2013. (Round all answers to
2 decimal places, e.g. 1.83 or 12.61%.)
(a)
Current ratio.
(b)
Inventory turnover. (Inventory on December 31, 2012, was $380.)
35. (c)
Profit margin.
(d)
Return on assets. (Assets on December 31, 2012, were $1,950.)
(e)
Return on common stockholdersâ equity. (Equity on December 31, 2012,
was $940.)
(f)
Debt to assets ratio.
(g)
Times interest earned.
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HCS 380 Week 4 Individual Signature Assignment Financial
Statement (2 Papers)
36. For more course tutorials visit
www.newtonhelp.com
This Tutorial contains 2 Papers
Signature Assignment: Financial Statement
Instructions:
The community college instructor has asked for your help again. This
time, he has asked for you to personally create a document he could
give to his students.
Write a 750- to 1,050-word paper in which you:
⢠Explain the ways financial information is used in health care
organizations.
⢠Explain the use of the financial statement analysis as a method to
address financial issues.
⢠Analyze the effects of unusual or irregular items on financial
statements.
Format your paper according to APA guidelines.
37. Cite 3 peer-reviewed, scholarly, or similar references to support your
paper.
Click on the Assignment Files tab to submit your assignment.
---------------------------------------------------------------------------------------------------------------
HCS 380 Week 4 WileyPlus Ex 7-8, Ex7-14
For more course tutorials visit
www.newtonhelp.com
This Tutorial contains Excel Sheet which can be used to solve below
mentioned Problem for any numbers/values
Complete the assigned exercises in WileyPLUS.
Chapter 7 - Excel Assignment (E7-8);
Chapter 7 - Excel Assignment (E7-14: Cash Budget)
Exercise 7-8
38. The following information pertains to Joyce Company.
1.
Cash balance per bank, July 31, $7,419.
2.
July bank service charge not recorded by the depositor $57.
3.
Cash balance per books, July 31, $7,455.
4.
Deposits in transit, July 31, $2,791.
5.
Note for $2,091 collected for Joyce Company in July by the bank, plus
interest $55 less fee $39. The collection has not been recorded by Joyce
Company, and no interest has been accrued.
6.
39. Outstanding checks, July 31, $705.
Exercise 7-14
Enright Company expects to have a cash balance of $63,550 on January
1, 2014. These are the relevant monthly budget data for the first two
months of 2014.
1.
Collections from customers: January $88,550, February $163,550.
2.
Payments to suppliers: January $57,550, February $92,550.
3.
Wages: January $30,161, February $40,161. Wages are paid in the
month they are incurred.
4.
Administrative expenses: January $21,161, February $24,161. These
costs include depreciation of $1,000 per month. All other costs are paid
as incurred.
5.
40. Selling expenses: January $15,161, February $20,161. These costs are
exclusive of depreciation. They are paid as incurred.
6.
Sales of short-term investments in January are expected to realize
$12,161 in cash. Enright has a line of credit at a local bank that enables
it to borrow up to $25,000. The company wants to maintain a minimum
monthly cash balance of $37,550.
Prepare a cash budget for January and February.
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HCS 380 Week 5 Individual Signature Assignment Cash
Control (2 Papers)
For more course tutorials visit
www.newtonhelp.com
This Tutorial contains 2 Papers
41. Signature Assignment: Cash Control
Instructions:
Write a 750- to 1,050-word paper in which you:
⢠Explain the principles of internal control.
⢠Explain the use of cash and internal controls to prevent fraud.
⢠Explain why corporations invest in stocks and debt securities.
⢠Explain how debt and stock investments are reported in financial
statements.
Format your paper according to APA guidelines.
Cite 3 peer-reviewed, scholarly, or similar references to support your
paper.
Click on the Assignment Files tab to submit your assignment.
---------------------------------------------------------------------------------------------------------------
HCS 380 Week 5 Team Assignment Business Proposal (2
Papers)
For more course tutorials visit
www.newtonhelp.com
42. This Tutorial contains 2 Papers
HCS 380 Week 5 Team Assignment Business Proposal
Business Proposal
Instructions:
For this assignment, you will use the consolidated financial statements
you chose in Week Four. As a team, analyze your chosen consolidated
financial statements and make recommendations to leadership based
on your findings.
Write a 750- to 1,050-word proposal, and include a link to your chosen
financial statements.
Format your proposal according to APA guidelines.
Cite 3 peer-reviewed, scholarly, or similar references to support your
paper.
Click on the Assignment Files tab to submit your assignment.
SupportingMaterial:Business Proposal Grading Guide
44. Problem 11-2A
Problem 11-7A
P10-8A
Prepare journal entries to record issuance of bonds, interest, straight-line
amortization, and balance sheet and balance sheet presentation
Yung Corporation sold $2,000,000, 7%, 5 year bonds on January 1,
2014. The bonds were dated January 1, 2014, and pay interest
on January 1. The company uses straight-line amortization on bond
premiums or discounts.
Instructions
(a) Prepare all necessary journal entries to record the issuance of
the bonds and bond interest expense for 2014,
assuming the bond sold at 102.
(b) Prepare journal entries as in part (a) assuming the bonds sold at
97.
(c ) Show the balance sheet presentation for the bond issue at
December 31, 2014, using (1) the 102 selling price, and
then (2) the 97 selling price
45. NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?" .
P10-8B
Prepare journal entries to record issuance of bonds, interest, straight-line
amortization, and balance sheet and balance sheet presentation
Holmes Corporation sold $2,200,000, 8%, 5-year bonds on January 1,
2014. The bonds were dated January 1, 2014, and pay interest
on January 1. Holmes Corporation uses the straight-line method to
amortize bond premiums or discounts.
Instructions
(a) Prepare all necessary journal entries to record the issuance of
the bonds and bond interest expense for 2014,
assuming the bond sold at 102.
(b) Prepare journal entries as in part (a) assuming g the bonds sold
at 98.
(c ) Show the balance sheet presentation for the bond issue at
December 31, 2014, using (1) the 102 selling price, and
then (2) the 98 selling price
NOTE: Enter a number in cells requesting a value; enter either a
number or a formula in cells with a "?" .
46. P10-10A
Prepare journal entries to record issuance of bonds, payment of interest,
and amortization of bond discount using effective interest method.
On January 1, 2014, Lock Corporation issued
$1,800,000 face value, 5%
10 -year bonds at $1,667,518
This price resulted in an effective-interest rate of
6% on the bonds. Lock uses the effective-interest
method to amortize bond premium or
discount. The bonds pay annual interest January 1.
Instructions: (Round all computations to the nearest dollar.)
(a)Prepare the journal entry to record the issuance of the bonds on
January 1, 2014.
&
(b) ---------------------------------------------------------------------------------------------------------------
HCS 380 Wileyplus Exercise 13 9 (Solution with Excel file)
For more course tutorials visit
47. www.newtonhelp.com
Just enter the value and get the answer, this excel file will work for any
value
Kinder Company has these comparative balance sheet data:
KINDER COMPANY
Balance Sheets
December 31
2014 2013
Cash $ 34,290 $ 68,580
Accounts receivable (net) 160,020 137,160
Inventory 137,160 114,300
Plant assets (net) 457,200 411,480
---------------------------------------------------------------------------------------------------------------
HCS 380 Wileyplus Exercise 13 13 (Solution with Excel file)
48. For more course tutorials visit
www.newtonhelp.com
Just enter the value and get the answer, this excel file will work for any
value
The condensed financial statements of Elliott Company for the years
2013 and 2014 are presented below.
ELLIOTT COMPANY
Balance Sheets
December 31 (in thousands)
2014 2013
Current assets
Cash and cash equivalents $330 $360
Accounts receivable (net) 648 578
Inventory 655 585
49. Prepaid expenses 130 160
Total current assets 1,763 1,683
Property, plant, and equipment (net) 410 380
Investments 188 188
Intangibles and other assets 530 510
Total assets $2,891 $2,761
Current liabilities $998 $968
Long-term liabilities 675 575
Stockholdersâ equityâcommon 1,218 1,218
Total liabilities and stockholdersâ equity $2,891 $2,761
ELLIOTT COMPANY
Income Statements
For the Year Ended December 31 (in thousands)
2014 2013
Sales revenue $3,995 $3,655
Costs and expenses
Cost of goods sold 1,148 1,068
Selling & administrative expenses 2,400 2,330
Interest expense 10 20
Total costs and expenses 3,558 3,418
50. Income before income taxes 437 237
Income tax expense 175 95
Net income $ 262 $ 142
Compute the following ratios for 2014 and 2013. (Round all answers to
2 decimal places, e.g. 1.83 or 12.61%.)
(a) Current ratio.
(b) Inventory turnover. (Inventory on December 31, 2012, was
$400.)
(c) Profit margin.
(d) Return on assets. (Assets on December 31, 2012, were $2,700.)
(e) Return on common stockholdersâ equity. (Equity on December
31, 2012, was $990.)
(f) Debt to assets ratio.
(g) Times interest earned.
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