Insert Your Last Name, First Initial
SPHE 314: Exercise Physiology
1
Essay Submission Assignment #1
1. Discuss the relationship between distribution of muscle fiber type and performance. How might exercise training modify or change a person’s fiber-type distribution?
2. Describe the mechanisms by which muscle glycogen is broken down to glucose for use in glycolysis.
3. Describe how a nerve impulse is transmitted along its axon.
4. What are two advantages of fat over carbohydrate for fuel storage in the body?
5. Describe the primary structure of the heart and the primary functions of blood.
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory 109Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Misc. Supplies Expense511Cost of Goods Sold512
Step 1 July JournalPeyton ApprovedGeneral Journal Entries Jul-14DateAccountsDebitCredit1-JulCash15,000.00 Common Stock15,000.00Contributed cash for common stock1-JulBaking Suppllies 8,500.00 Vendor8,500.00To record Baking Supplies purchased 3-JulCash 10,000.00 Notes Payable 10,000.00To record loan from parents 7-JulLease Expense Advance1,500.00 Cash1,500.003,000.00To Record Lease Agreements10-JulBusiness License 375.00 Cash 375.00To record Buisness License11-JulMiscellaneous Expense250.00 Cash250.00To record cash resgister 13-JulBaking Equipment 5,000.00 Common Stock5,000.0013-JulAdvertising Expense200.00 Cash200.0014-JulMiscellaneous Supplies300.00 Cash300.0015-JulNo Entry Required 30-JulTelephone Expenses45.00 Accounts Payable 45.0031-JulPrepaid Insurance1,200.00 Cash1,200.0031-JulCash 10,000.00Accounts Receivable 5,000.00 Bakery Sales15,000.00
Step 2 August JournalPeyton ApprovedGeneral Journal Entries Aug-14DateAccountsDebitCredit31-JulWages Expense120.00 Wages Payable 120.008-AugCash3,200.00 Accounts Receivable 3,200.0010-AugTelephone Expense 45.00 Cash 45.0015-AugBaking Supplies 5,000.00 Accounts Payables 5,000.0015-AugWages Expense 480.00 Wages Payable 480.0015-AugRent Expense 1,500.00 Cash 1,500.0018-AugCash 1,000.00 Accounts Receivables1,000.0020-AugAccounts Payables 8,500.00 Cash8,500.0020-AugWages Expense480.00 Ca.
Part One Answer question, roughly 150 words, must use APA style f.docxherbertwilson5999
Part One: Answer question, roughly 150 words, must use APA style for reference
Research the process of system development life cycle. Discuss some of the problems of the SDLC and how agile development intends to address these problems. Support your answer with an example of an agile development technique.
Part Two: Answer Questions
1. Discuss some of the key aspects to developing successful process and systems development projects.
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
2. Name the four stages of the business process management cycle and summarize the activities in each.
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Part Three:
Unit VI Scholarly Activity
Business Process Management
In this writing assignment, you will explore how organizations use business process management (BPM). Write a one page (250-word) paper explaining how organizations use business process management (BPM). Be sure to use at least one specific example from the CSU Online Library, and address the following in your paper:
What is business process management (BPM)?
Why do processes need management?
What are BPM activities?
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Misc. Supplies Expense511
Step 1 July JournalPeyton ApprovedGeneral Journal Entries Jul-14DateAccountsDebitCredit1-JulCash15,000.00 Common Stock15,000.00Contributed cash for common stock
Step 2 August JournalPeyton ApprovedGeneral Journal Entries Aug-14DateAccountsDebitCredit
Step 3 September JournalPeyton ApprovedGeneral Journal Entries Sep-14DateAccountsDebitCredit
Inventory ValuationFIFOPurchasesDatePurchasesSalesEnding InventoryDrCr9/7: 10 bottles purchased at $67-Sep10$ 6.00$ 60.0010$ 6.00$ 60.007-SepMerchandise Inventory (10 x $6)60.009/20: 2.
Chart of AccountsThis chart of accounts should help you identify tJinElias52
Chart of AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Asset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Cost of Goods Sold303Prepaid Insurance104Interest Payable 204Baking Equipment105Office Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory109Revenue AccountsAcct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Office Supplies Expense511CashBaking SuppliesPrepaid RentPrepaid InsuranceBaking EquipmentOffice SuppliesAccounts ReceivableAccumulated DepreciationMerchandise InventoryNotes PayableAccounts PayableWages PayableInterest Payable Common StockDividendsBakery SalesMerchandise SalesBaking Supplies ExpenseRent ExpenseInsurance ExpenseMisc. ExpenseBusiness License ExpenseAdvertising ExpenseWages ExpenseTelephone ExpenseInterest ExpenseDepreciation ExpenseOffice Supplies ExpenseCost of Goods Sold
October Journal EntriesA CompanyGeneral Journal Entries October, 20xxDateAccountsDebitCredit1-Oct$$1-Oct3-Oct7-Oct10-Oct11-Oct13-Oct13-Oct14-Oct30-Oct31-Oct31-Oct31-OctTotal- 0- 0<== Do the debits equal the credits? (they should)
November Journal EntriesA CompanyGeneral Journal Entries November, 20xxDateAccountsDebitCreditTotal- 0- 0<== Do the debits equal the credits? (they should)
December Journal EntriesA CompanyGeneral Journal Entries December, 20xxDateAccountsDebitCreditBe sure to review the Inventory Valuation tab (Columns M-P) for all Inventory related journal entries as they are given to you! Total- 0- 0<== Do the debits equal the credits? (they should)
Inventory ValuationFIFOPurchasesSalesEnding InventoryPurchasesDateNo. of ItemsUnit PriceTotal PriceNo. of ItemsUnit PriceTotal PriceNo. of ItemsUnit PriceTotal PriceDate
Microsoft: Below are the journal entries for each inventory related transaction! All you need to do is copy and paste it into the correct dates on the December Journal tab! DrCr12/7: 10 boxes purchased at $67-Dec10$ 6.00$ 60.0010$ 6.00$ 60.007-DecMerchandise Inventory (10 x $6)60.0012/20: 20 boxes purchased at $6.10 Cash60.0012/30: 25 boxes purchased at $6.0515-Dec8$ 6.00$ 48.002$ 6.00$ 12.00Purchased inventorySales – selling price, $8.50 a box12/15: 8 boxes20-Dec20$ 6.10$ 122.002$ 6.00$ 12.0015-DecCash (8 x $8.50)68.0012/24: 18 boxes20$ 6.10$ 122.00 Merchandise Sales Revenue68.0022$ 134.00Record sale of inventory24-Dec2$ 6.00$ 12.0015-DecCost of Goods Sold (8 X $6)48.0016$ 6.10$ 97.604$ 6.10$ 24.40 Merchandise ...
Unit IV Essay Companies are always responding to inside and outs.docxmarilucorr
Unit IV Essay
Companies are always responding to inside and outside forces. There are pressures from customers, the marketplace, governments, suppliers, and many other factors connected to the business. Some of these factors impact how leaders of a company respond with strategies and their implementation.
For this essay, you will conduct research on how internal and external forces impact a corporation’s strategy and implementation. You may use the same company or organization you have used for the SWOT and EFAS table, or you may choose a new one. You must use at least three sources, one of which must be from the CSU Online Library. In your essay, address the following questions:
Describe the general forces of sociocultural, technological, economic, environmental, and political-legal, in the societal environment. How does your company address each of these?
Distinguish between a fragmented and consolidated industry, and describe examples of each. Given the business area of your company, does the company exist in a fragmented or consolidated industry? Within this industry type, is the company more consolidated or fragmented?
In what ways may a corporation’s structure and culture be internal strengths or weaknesses? Look at your organization, and analyze its structural and cultural strengths and weaknesses. How can the weaknesses be improved? How would an IFAS Table help in this situation?
Your essay should be at least two pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length. To complete this assignment, a minimum of three reputable sources must be used, cited, and referenced. At least one reference must come from the CSU Online Library. Use APA style guidelines.
Information about accessing the grading rubric for this assignment is provided below.
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory 109Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Misc. Supplies Expense511Cost of Goods Sold512
Step 1 July JournalPeyton ApprovedGeneral Journal Entries Jul-14DateAccountsDebitCredit1-JulCash15,000.00 Common Stock15,000.00Contributed cash for common stock1-JulBaking Suppllies ...
InstructionsChart of AccountsAsset AccountsLiability AccountsEqu.docxdirkrplav
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page, this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510
Inventory ValuationFIFOPurchasesDatePurchasesSalesEnding InventoryDrCr9/7: 10 bottles purchased at $67-Sep10$ 6.00$ 60.0010$ 6.00$ 60.007-SepMerchandise Inventory (10 x $6)60.009/20: 20 bottles purchased at $6.10 Cash60.009/30: 25 bottles purchased at $6.0515-Sep8$ 6.00$ 48.002$ 6.00$ 12.00Purchased inventorySales – selling price, $8.50 a bottle9/15: 8 bottles20-Sep20$ 6.10$ 122.002$ 6.00$ 12.0015-SepCash (8 x $8.50)68.009/24: 18 bottles20$ 6.10$ 122.00 Merchandise Sales Revenue68.0022$ 134.00Record sale of inventory24-Sep2$ 6.00$ 12.0015-SepCost of Goods Sold (8 X $6)48.0016$ 6.10$ 97.604$ 6.10$ 24.40 Merchandise Inventory48.00$ 109.60Recorded the cost of goods sold30-Sep25$ 6.05$ 151.254$ 6.10$ 24.4020-SepMerchandise Inventory (20 x $6.10 )122.0025$ 6.05$ 151.25 Cash122.0029$ 175.6555$ 333.2526$ 157.6029$ 175.6524-SepCash (18 x 8.50)153.00 Merchandise Sales Revenue153.00Record sale of inventory24-SepCost of Goods Sold (2 x $6)+(16 x $6.10)109.60 Merchandise Inventory109.60Recorded the cost of goods sold30-SepMerchandise Inventory (25 x $6.05)151.25 Cash151.25LIFOPurchasesSalesEnding Inventory7-SepMerchandise Inventory (10 x $6)60.007-Sep10$ 6.00$ 60.0010$ 6.00$ 60.00 Cash60.00Purchased inventory15-Sep8$ 6.00$ 48.002$ 6.00$ 12.0015-SepCash (8 x $8.50)68.0020-Sep20$ 6.10$ 122.002$ 6.00$ 12.00 Merchandise Sales Revenue68.0020$ 6.10$ 122.00Record sale of inventory22$ 134.0015-SepCost of Goods Sold (8 X $6)48.0024-Sep18$ 6.10$ 109.802$ 6.00$ 12.00 Merchandise Inventory48.002$ 6.10$ 12.20Record inventory reduction due to sale4$ 24.2020-SepMerchandise Inventory (20 x $6.10)122.0030-Sep25$ 6.05$ 151.252$ 6.00$ 12.00 Cash122.002$ 6.10$ 12.2025$ 6.05$ 151.2524-SepCash (18 x 8.50)153.0029$ 175.45 Merchandise Sales Revenue153.0055$ 333.2526$ 157.8029$ 175.45Record sale of inventory24-SepCost of Goods Sold (18 x $6.10)109.80 Merchandise Inventory109.80Record inventory reduction due to sale30-SepMerchandise Inventory (25 x $6.05)151.25 Cash151.25wei.
1) Edward's Electrical Goods records transactions for June 2017, including sales, purchases, cash receipts and payments. Adjusting entries are made for depreciation, prepaid expenses, inventory count, bad debts and accrued expenses.
2) Financial statements are prepared from the adjusted trial balance, including an income statement, statement of changes in equity, and balance sheet.
3) Subsidiary ledgers for accounts receivable and payable are completed and balances agree to control accounts. Closing entries are made and a post-closing trial balance is prepared.
This document discusses accounting for merchandising businesses. It begins by distinguishing the activities and financial statements of service businesses from merchandising businesses. It then describes the accounting treatment for various merchandising transactions including sales, purchases, transportation costs, and discounts. Specific topics covered include the perpetual and periodic inventory methods, income statements, statements of owner's equity, balance sheets, journal entries for cash, credit and discount sales, and accounting for the costs of goods sold. The objectives are to understand how to account for the key activities of a merchandising business.
Due Tues., May 2- 7 questions Big Time Picture Frames h.docxsagarlesley
Due Tues., May 2- 7 questions
Big Time Picture Frames has asked you to determine whether the company's ability to pay current
liabilities and total liabilities improved or deteriorated during 2009. To answer this question, you gather the
following data:
______________________________________________2009__________2008
Cash $52, 000 51, 000
Short-term investments 30,000 --
Net receivables 110,000 120, 000
Inventory 217,000 262,000
Total assets 540,000 490,000
Total current liabilities 265,000 202,000
Long-term note payable 44,000 54,000
Income from operations 165,000 153,000
Interest expense 44,000 37,000
Requirement
1. Compute the following ratios for 2009 and 2008:
a. Current ratio
b. Acid-test ratio
c. Debt ratio
d. Times-interest-earned ratio
a. Calculate the current ratio for both years. (Round your answers to two decimal places.)
2009: nothing
2008: nothing
The Variline Inc., comparative income statement follows. 2010 data are given as needed.
Variline, Inc.
Comparative Income Statement
Years Ended December 31, 2012 and 2011
(Dollars in thousands) 2012 2011 2010
Net sales $176,000 $160,000
Cost of goods sold 93,600 86,000
Selling and general expenses 46,800 41,400
Interest expense 9,600 10,900
Income tax expense 10,200 9,200
Net income $15,800 $12,500
Additional data:
Total assets $201,000 $192,000 $174,000
Common stockholders' equity $96,900 $89,800 $79,500
Preferred dividends $3,400 $3,400 $0
Common shares outstanding during the
year 20,000 20,000 18,000
Requirements
1. Calculate the rate of return on net sales.
2. Calculate the rate of return on total assets.
3. Calculate the rate of return on common stockholders' equity.
4. Calculate the EPS.
5. Did the company's operating performance improve or deteriorate during 2012?
Requirement 1. Calculate the rates of return on net sales for 2012 and 2011. (Round your answers to
three decimal places.)
2012:
nothing
2011: nothing
The Specialty Department Stores, Inc., chief executive officer (CEO) has asked you to compare the
company's profit performance and financial position with the average for the industry. The CEO has
given you the company's income statement and balance sheet, as well as the industry average data for
retailers.
Specialty Department Stores, Inc.
Income Statement Compared with Industry Average
Year Ended December 31, 2010
Industry
Specialty Average
Net sales $782,000 100.0 %
Cost of goods sold 526,286 65.8
Gross profit 255,714 34.2
Operating expenses 164,220 19.7
Operating income 91,494 14.5
Other expenses 6,256 0.4
Net income $85,238 14.1 %
Specialty Department Stores, Inc.
Balance Sheet Compared with Industry Average
December 31, 2010
...
Part One Answer question, roughly 150 words, must use APA style f.docxherbertwilson5999
Part One: Answer question, roughly 150 words, must use APA style for reference
Research the process of system development life cycle. Discuss some of the problems of the SDLC and how agile development intends to address these problems. Support your answer with an example of an agile development technique.
Part Two: Answer Questions
1. Discuss some of the key aspects to developing successful process and systems development projects.
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
2. Name the four stages of the business process management cycle and summarize the activities in each.
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Part Three:
Unit VI Scholarly Activity
Business Process Management
In this writing assignment, you will explore how organizations use business process management (BPM). Write a one page (250-word) paper explaining how organizations use business process management (BPM). Be sure to use at least one specific example from the CSU Online Library, and address the following in your paper:
What is business process management (BPM)?
Why do processes need management?
What are BPM activities?
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Misc. Supplies Expense511
Step 1 July JournalPeyton ApprovedGeneral Journal Entries Jul-14DateAccountsDebitCredit1-JulCash15,000.00 Common Stock15,000.00Contributed cash for common stock
Step 2 August JournalPeyton ApprovedGeneral Journal Entries Aug-14DateAccountsDebitCredit
Step 3 September JournalPeyton ApprovedGeneral Journal Entries Sep-14DateAccountsDebitCredit
Inventory ValuationFIFOPurchasesDatePurchasesSalesEnding InventoryDrCr9/7: 10 bottles purchased at $67-Sep10$ 6.00$ 60.0010$ 6.00$ 60.007-SepMerchandise Inventory (10 x $6)60.009/20: 2.
Chart of AccountsThis chart of accounts should help you identify tJinElias52
Chart of AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Asset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Cost of Goods Sold303Prepaid Insurance104Interest Payable 204Baking Equipment105Office Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory109Revenue AccountsAcct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Office Supplies Expense511CashBaking SuppliesPrepaid RentPrepaid InsuranceBaking EquipmentOffice SuppliesAccounts ReceivableAccumulated DepreciationMerchandise InventoryNotes PayableAccounts PayableWages PayableInterest Payable Common StockDividendsBakery SalesMerchandise SalesBaking Supplies ExpenseRent ExpenseInsurance ExpenseMisc. ExpenseBusiness License ExpenseAdvertising ExpenseWages ExpenseTelephone ExpenseInterest ExpenseDepreciation ExpenseOffice Supplies ExpenseCost of Goods Sold
October Journal EntriesA CompanyGeneral Journal Entries October, 20xxDateAccountsDebitCredit1-Oct$$1-Oct3-Oct7-Oct10-Oct11-Oct13-Oct13-Oct14-Oct30-Oct31-Oct31-Oct31-OctTotal- 0- 0<== Do the debits equal the credits? (they should)
November Journal EntriesA CompanyGeneral Journal Entries November, 20xxDateAccountsDebitCreditTotal- 0- 0<== Do the debits equal the credits? (they should)
December Journal EntriesA CompanyGeneral Journal Entries December, 20xxDateAccountsDebitCreditBe sure to review the Inventory Valuation tab (Columns M-P) for all Inventory related journal entries as they are given to you! Total- 0- 0<== Do the debits equal the credits? (they should)
Inventory ValuationFIFOPurchasesSalesEnding InventoryPurchasesDateNo. of ItemsUnit PriceTotal PriceNo. of ItemsUnit PriceTotal PriceNo. of ItemsUnit PriceTotal PriceDate
Microsoft: Below are the journal entries for each inventory related transaction! All you need to do is copy and paste it into the correct dates on the December Journal tab! DrCr12/7: 10 boxes purchased at $67-Dec10$ 6.00$ 60.0010$ 6.00$ 60.007-DecMerchandise Inventory (10 x $6)60.0012/20: 20 boxes purchased at $6.10 Cash60.0012/30: 25 boxes purchased at $6.0515-Dec8$ 6.00$ 48.002$ 6.00$ 12.00Purchased inventorySales – selling price, $8.50 a box12/15: 8 boxes20-Dec20$ 6.10$ 122.002$ 6.00$ 12.0015-DecCash (8 x $8.50)68.0012/24: 18 boxes20$ 6.10$ 122.00 Merchandise Sales Revenue68.0022$ 134.00Record sale of inventory24-Dec2$ 6.00$ 12.0015-DecCost of Goods Sold (8 X $6)48.0016$ 6.10$ 97.604$ 6.10$ 24.40 Merchandise ...
Unit IV Essay Companies are always responding to inside and outs.docxmarilucorr
Unit IV Essay
Companies are always responding to inside and outside forces. There are pressures from customers, the marketplace, governments, suppliers, and many other factors connected to the business. Some of these factors impact how leaders of a company respond with strategies and their implementation.
For this essay, you will conduct research on how internal and external forces impact a corporation’s strategy and implementation. You may use the same company or organization you have used for the SWOT and EFAS table, or you may choose a new one. You must use at least three sources, one of which must be from the CSU Online Library. In your essay, address the following questions:
Describe the general forces of sociocultural, technological, economic, environmental, and political-legal, in the societal environment. How does your company address each of these?
Distinguish between a fragmented and consolidated industry, and describe examples of each. Given the business area of your company, does the company exist in a fragmented or consolidated industry? Within this industry type, is the company more consolidated or fragmented?
In what ways may a corporation’s structure and culture be internal strengths or weaknesses? Look at your organization, and analyze its structural and cultural strengths and weaknesses. How can the weaknesses be improved? How would an IFAS Table help in this situation?
Your essay should be at least two pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length. To complete this assignment, a minimum of three reputable sources must be used, cited, and referenced. At least one reference must come from the CSU Online Library. Use APA style guidelines.
Information about accessing the grading rubric for this assignment is provided below.
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory 109Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Misc. Supplies Expense511Cost of Goods Sold512
Step 1 July JournalPeyton ApprovedGeneral Journal Entries Jul-14DateAccountsDebitCredit1-JulCash15,000.00 Common Stock15,000.00Contributed cash for common stock1-JulBaking Suppllies ...
InstructionsChart of AccountsAsset AccountsLiability AccountsEqu.docxdirkrplav
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Prepaid Insurance104Interest Payable 204Baking Equipment105Misc. Supplies106Accounts Receivable107 Accumulated Depreciation108Revenue AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page, this is simply a resource for you.Acct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510
Inventory ValuationFIFOPurchasesDatePurchasesSalesEnding InventoryDrCr9/7: 10 bottles purchased at $67-Sep10$ 6.00$ 60.0010$ 6.00$ 60.007-SepMerchandise Inventory (10 x $6)60.009/20: 20 bottles purchased at $6.10 Cash60.009/30: 25 bottles purchased at $6.0515-Sep8$ 6.00$ 48.002$ 6.00$ 12.00Purchased inventorySales – selling price, $8.50 a bottle9/15: 8 bottles20-Sep20$ 6.10$ 122.002$ 6.00$ 12.0015-SepCash (8 x $8.50)68.009/24: 18 bottles20$ 6.10$ 122.00 Merchandise Sales Revenue68.0022$ 134.00Record sale of inventory24-Sep2$ 6.00$ 12.0015-SepCost of Goods Sold (8 X $6)48.0016$ 6.10$ 97.604$ 6.10$ 24.40 Merchandise Inventory48.00$ 109.60Recorded the cost of goods sold30-Sep25$ 6.05$ 151.254$ 6.10$ 24.4020-SepMerchandise Inventory (20 x $6.10 )122.0025$ 6.05$ 151.25 Cash122.0029$ 175.6555$ 333.2526$ 157.6029$ 175.6524-SepCash (18 x 8.50)153.00 Merchandise Sales Revenue153.00Record sale of inventory24-SepCost of Goods Sold (2 x $6)+(16 x $6.10)109.60 Merchandise Inventory109.60Recorded the cost of goods sold30-SepMerchandise Inventory (25 x $6.05)151.25 Cash151.25LIFOPurchasesSalesEnding Inventory7-SepMerchandise Inventory (10 x $6)60.007-Sep10$ 6.00$ 60.0010$ 6.00$ 60.00 Cash60.00Purchased inventory15-Sep8$ 6.00$ 48.002$ 6.00$ 12.0015-SepCash (8 x $8.50)68.0020-Sep20$ 6.10$ 122.002$ 6.00$ 12.00 Merchandise Sales Revenue68.0020$ 6.10$ 122.00Record sale of inventory22$ 134.0015-SepCost of Goods Sold (8 X $6)48.0024-Sep18$ 6.10$ 109.802$ 6.00$ 12.00 Merchandise Inventory48.002$ 6.10$ 12.20Record inventory reduction due to sale4$ 24.2020-SepMerchandise Inventory (20 x $6.10)122.0030-Sep25$ 6.05$ 151.252$ 6.00$ 12.00 Cash122.002$ 6.10$ 12.2025$ 6.05$ 151.2524-SepCash (18 x 8.50)153.0029$ 175.45 Merchandise Sales Revenue153.0055$ 333.2526$ 157.8029$ 175.45Record sale of inventory24-SepCost of Goods Sold (18 x $6.10)109.80 Merchandise Inventory109.80Record inventory reduction due to sale30-SepMerchandise Inventory (25 x $6.05)151.25 Cash151.25wei.
1) Edward's Electrical Goods records transactions for June 2017, including sales, purchases, cash receipts and payments. Adjusting entries are made for depreciation, prepaid expenses, inventory count, bad debts and accrued expenses.
2) Financial statements are prepared from the adjusted trial balance, including an income statement, statement of changes in equity, and balance sheet.
3) Subsidiary ledgers for accounts receivable and payable are completed and balances agree to control accounts. Closing entries are made and a post-closing trial balance is prepared.
This document discusses accounting for merchandising businesses. It begins by distinguishing the activities and financial statements of service businesses from merchandising businesses. It then describes the accounting treatment for various merchandising transactions including sales, purchases, transportation costs, and discounts. Specific topics covered include the perpetual and periodic inventory methods, income statements, statements of owner's equity, balance sheets, journal entries for cash, credit and discount sales, and accounting for the costs of goods sold. The objectives are to understand how to account for the key activities of a merchandising business.
Due Tues., May 2- 7 questions Big Time Picture Frames h.docxsagarlesley
Due Tues., May 2- 7 questions
Big Time Picture Frames has asked you to determine whether the company's ability to pay current
liabilities and total liabilities improved or deteriorated during 2009. To answer this question, you gather the
following data:
______________________________________________2009__________2008
Cash $52, 000 51, 000
Short-term investments 30,000 --
Net receivables 110,000 120, 000
Inventory 217,000 262,000
Total assets 540,000 490,000
Total current liabilities 265,000 202,000
Long-term note payable 44,000 54,000
Income from operations 165,000 153,000
Interest expense 44,000 37,000
Requirement
1. Compute the following ratios for 2009 and 2008:
a. Current ratio
b. Acid-test ratio
c. Debt ratio
d. Times-interest-earned ratio
a. Calculate the current ratio for both years. (Round your answers to two decimal places.)
2009: nothing
2008: nothing
The Variline Inc., comparative income statement follows. 2010 data are given as needed.
Variline, Inc.
Comparative Income Statement
Years Ended December 31, 2012 and 2011
(Dollars in thousands) 2012 2011 2010
Net sales $176,000 $160,000
Cost of goods sold 93,600 86,000
Selling and general expenses 46,800 41,400
Interest expense 9,600 10,900
Income tax expense 10,200 9,200
Net income $15,800 $12,500
Additional data:
Total assets $201,000 $192,000 $174,000
Common stockholders' equity $96,900 $89,800 $79,500
Preferred dividends $3,400 $3,400 $0
Common shares outstanding during the
year 20,000 20,000 18,000
Requirements
1. Calculate the rate of return on net sales.
2. Calculate the rate of return on total assets.
3. Calculate the rate of return on common stockholders' equity.
4. Calculate the EPS.
5. Did the company's operating performance improve or deteriorate during 2012?
Requirement 1. Calculate the rates of return on net sales for 2012 and 2011. (Round your answers to
three decimal places.)
2012:
nothing
2011: nothing
The Specialty Department Stores, Inc., chief executive officer (CEO) has asked you to compare the
company's profit performance and financial position with the average for the industry. The CEO has
given you the company's income statement and balance sheet, as well as the industry average data for
retailers.
Specialty Department Stores, Inc.
Income Statement Compared with Industry Average
Year Ended December 31, 2010
Industry
Specialty Average
Net sales $782,000 100.0 %
Cost of goods sold 526,286 65.8
Gross profit 255,714 34.2
Operating expenses 164,220 19.7
Operating income 91,494 14.5
Other expenses 6,256 0.4
Net income $85,238 14.1 %
Specialty Department Stores, Inc.
Balance Sheet Compared with Industry Average
December 31, 2010
...
By now you all should be having clearer idea of your research papeTawnaDelatorrejs
By now you all should be having clearer idea of your research paper and its main arguments. As you are reading the sources for the annotated bibliography start forming your main arguments and supporting evidence for your research papers. Pay attention to the sources that directly and closely address your research topic and start to put them into categorizes as how they address your research problem. This is your literature review section. The outline for your research paper is due on Sunday October 17th. I have posted a general outline template under Files. It should be ~ 2 pages long. Try to be specific. This will help me give you better feedback.
General Outline Template
I. Introduction
a. Motivation
b. Research statement (question(s))
c. Purpose/significance
II. Background (historical and/or contextual)
a. Here explain the nature and parameters of the social phenomenon you are studying
b. Cover the historical background that serves the paper
III. Literature Review
a. Category 1
b. Category 2
c. Category 3
d. End this section by restating your research statement
IV. Methodology
a. Method(s) you are adopting (comparative, historical, analytical, etc.)
b. Justify case study and comparison (if any)
c. Clearly define your concepts (breaking them into their measurable variables)
d. Sources/data
V. Main body (Arguments)
a. Argument 1
i. Explain the argument
ii. Supporting evidence and/or logic
b. Argument 2
i. Explain the argument
ii. Supporting evidence and/or logic
c. Argument 3
i. Explain the argument
ii. Supporting evidence and/or logic
VI. Conclusion
Chart of AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Asset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Cost of Goods Sold303Prepaid Insurance104Interest Payable 204Baking Equipment105Office Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory109Revenue AccountsAcct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Office Supplies Expense511CashBaking SuppliesPrepaid RentPrepaid InsuranceBaking EquipmentOffice SuppliesAccounts ReceivableAccumulated DepreciationMerchandise InventoryNotes PayableAccounts PayableWages PayableInterest Payable Common StockDividendsBakery SalesMerchandise SalesBaking Supplies ExpenseRent ExpenseInsurance ExpenseMisc. ExpenseBusiness License ExpenseAdvertising ExpenseWages ExpenseTelephone ExpenseInterest ExpenseDepreciation ExpenseOffice Supplies ExpenseCost of Goods Sold
October Journal EntriesA ...
Annual Net Working Capital PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - Annual Net Working Capital Powerpoint Presentation Slides. This PPT deck displays thirty slides with in depth research. Our topic oriented Annual Net Working Capital Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographs for an inclusive and comprehensive Annual Net Working Capital Powerpoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement.
1. True or false. Unlike a merchandising business, a manufacturingAbbyWhyte974
1. True or false. Unlike a merchandising business, a manufacturing business uses multiple inventory accounts to reflect the cost of raw materials, partially completed goods, and finished goods.
TRUE
FALSE
2.5 points
QUESTION 2
1. For a manufacturing business, the finished goods inventory account reflects the cost of what?
Shipping
Partially completed goods
Completed goods
Raw materials
2.5 points
QUESTION 3
1. Super Goods, an electronics retailer, purchases $80,000 worth of computers from a manufacturer in Taiwan. The terms of the purchase are FOB shipping point. Freight costs total $9,000. The goods are shipped on June 1 and delivered on June 15. On June 1, which two accounts should be debited by Super Goods in the following journal entry? Date Account Dr. Cr. 6-01-XX 80000.00 9000.00 Accounts Payable 89000.00
Inventory and Freight-out
Accounts Receivable and Freight-out
Inventory and Freight-in
Accounts Receivable and Freight-in
2.5 points
QUESTION 4
1. At the time of shipment, goods that are purchased FOB shipping point are
reported on the seller's balance sheet.
considered the responsibility of the buyer.
designated as freight-out.
categorized as partially completed inventory.
2.5 points
QUESTION 5
1. On February 15, a buyer purchases $30,000 worth of goods from a manufacturer. The manufacturer offers the buyer a 3% discount ($900) if payment for the goods is made within 10 days. The buyer pays for the merchandise on February 20. In a journal entry, the seller should debit ________ and credit ________ for $900.
Sales; Purchase Discounts
Accounts Receivable; Sales
Sales; Accounts Receivable
Accounts Payable; Inventory
2.5 points
QUESTION 6
1. A buyer receives a sales discount from a seller for paying for purchased goods within a specific period of time. In what way does the sales discount affects the buyer?
Reducing freight-in costs
Reducing the cost of inventory
Increasing freight-out costs
Increasing the cost of inventory
2.5 points
QUESTION 7
1. For a manufacturing business, the __________ inventory account reflects the cost of products that have been manufactured and are ready to be sold.
Raw materials
Work-in-process
Freight-in
Finished goods
2.5 points
QUESTION 8
1. Which term refers to goods that a merchandising business purchases and resells?
Inputs
Frieght
Supplies
Inventory
2.5 points
QUESTION 9
1. On February 15, a buyer purchases $10,000 worth of goods from a manufacturer, who spent $5,000 to manufacture the goods. The terms of sale are FOB shipping point, and shipping costs are $800. The goods will be shipped on June 1. The manufacturer must make two journal entries on June 1. In the second journal entry, the manufacturer should debit ________ and credit ________. Date Account Dr. Cr. 6-01-XX Accounts Receivable 10,000.00 Cash 800.00 Sales 10,000.00 Date Account Dr. Cr. 6-01-XX 5,000.00 5,000.00
Cash; Cost of Goods Sold
Cost of Goods Sold; ...
1. True or false. Unlike a merchandising business, a manufacturingSantosConleyha
1. True or false. Unlike a merchandising business, a manufacturing business uses multiple inventory accounts to reflect the cost of raw materials, partially completed goods, and finished goods.
TRUE
FALSE
2.5 points
QUESTION 2
1. For a manufacturing business, the finished goods inventory account reflects the cost of what?
Shipping
Partially completed goods
Completed goods
Raw materials
2.5 points
QUESTION 3
1. Super Goods, an electronics retailer, purchases $80,000 worth of computers from a manufacturer in Taiwan. The terms of the purchase are FOB shipping point. Freight costs total $9,000. The goods are shipped on June 1 and delivered on June 15. On June 1, which two accounts should be debited by Super Goods in the following journal entry? Date Account Dr. Cr. 6-01-XX 80000.00 9000.00 Accounts Payable 89000.00
Inventory and Freight-out
Accounts Receivable and Freight-out
Inventory and Freight-in
Accounts Receivable and Freight-in
2.5 points
QUESTION 4
1. At the time of shipment, goods that are purchased FOB shipping point are
reported on the seller's balance sheet.
considered the responsibility of the buyer.
designated as freight-out.
categorized as partially completed inventory.
2.5 points
QUESTION 5
1. On February 15, a buyer purchases $30,000 worth of goods from a manufacturer. The manufacturer offers the buyer a 3% discount ($900) if payment for the goods is made within 10 days. The buyer pays for the merchandise on February 20. In a journal entry, the seller should debit ________ and credit ________ for $900.
Sales; Purchase Discounts
Accounts Receivable; Sales
Sales; Accounts Receivable
Accounts Payable; Inventory
2.5 points
QUESTION 6
1. A buyer receives a sales discount from a seller for paying for purchased goods within a specific period of time. In what way does the sales discount affects the buyer?
Reducing freight-in costs
Reducing the cost of inventory
Increasing freight-out costs
Increasing the cost of inventory
2.5 points
QUESTION 7
1. For a manufacturing business, the __________ inventory account reflects the cost of products that have been manufactured and are ready to be sold.
Raw materials
Work-in-process
Freight-in
Finished goods
2.5 points
QUESTION 8
1. Which term refers to goods that a merchandising business purchases and resells?
Inputs
Frieght
Supplies
Inventory
2.5 points
QUESTION 9
1. On February 15, a buyer purchases $10,000 worth of goods from a manufacturer, who spent $5,000 to manufacture the goods. The terms of sale are FOB shipping point, and shipping costs are $800. The goods will be shipped on June 1. The manufacturer must make two journal entries on June 1. In the second journal entry, the manufacturer should debit ________ and credit ________. Date Account Dr. Cr. 6-01-XX Accounts Receivable 10,000.00 Cash 800.00 Sales 10,000.00 Date Account Dr. Cr. 6-01-XX 5,000.00 5,000.00
Cash; Cost of Goods Sold
Cost of Goods Sold; ...
BTE 302TEST 1NameCMR 302Test IAnswer the Following.docxcurwenmichaela
BTE 302
TEST 1
Name:
CMR 302
Test I
Answer the Following
1. What are the five accounting classifications?
2. What accounting classifications are displayed on the Balance Sheet?
3. Give two examples of a Current Asset
4. What type of an asset is the account Patent?
5. What is the definition of non-current asset?
6. Classify the account Notes Payable (90 days).
7. How do you calculate Gross Profit
8. How do you calculate Operating Income?
9. List an example of a non-operating income.
10. What classification is the account Retained Earnings?
Circle the Correct Answer. SHOW YOUR WORK Where Required
1. Gilbert, Inc. had the following account balances at September 30, 2010. What is Gilbert's net income for the month of September?
Cost of Sales 10,000
Cash 14,300
Equipment 15,400
Fees Earned 54,400
Miscellaneous Expense 18,200
Rent Expense 2,000
Retained Earnings 6,550
Wages Expense 13,900
a) $32,450
b) $10,300 SHOW YOUR WORK
c) $20,300
d) $1 8, 1 50
2. Sales = $10,000, Cost of Sales = $4,000, Operating Expenses = $ 1,000, Other Expenses = $ 2,000. What is the Gross Profit?
___________________________ SHOW YOUR WORK
3. NBC Company had $32,000 in net sales, $15,000 in cost of merchandise sold, $18,000 in operating expenses, and $2,000 in other income. What is NBC Company's operating profit?
a) $17,000
b) $3,000 SHOW YOUR WORK
c) $1,000
d) ($1, 000)
4. Expenses that CANNOT be traced directly to operations are identified as
a) Other income.
b) Operating expenses.
c) Cost of goods sold.
d) Other expenses.
5. On the Statement of Cash Flows, where is the purchase of property, plant and equipment recorded?
____________________________
6. On the Statement of Cash Flows, where are dividends recorded?
_____________________________
7. Assets = $ 13,000 Equity = $ 4,000 Liabilities = __________________
8. Liabilities = 4,000 Assets = $ 8,000 Equity = __________________
The Economy (Fill-In)
1. Which indicator is the best indicator of consumer inflation?
2. Which indicator measures employee hourly wages?
3. Which indicator is a leading indicator of economic growth
4. What can an increase in inventories mean?
5. Which economic theory believes that the government should intervene during a fiscal crisis?
Domino's Pizza (Fill-In)
Use the Domino's Pizza Statement of Cash Flows listed below to answer the following questions.
Omit trailing zeros when entering data. Use brackets ( ) to indicate cash used in the statement.
1. 2012 Cash Flow from Operations
2. 2013 Cash Flow from Investing
3. 2014 Cash Flow from Financing
4. What was the primary Investing activity and the amount for 2013?
5. What was the primary Financing activity and the amount for 2012?
6. The company borrowed funds in 2013 T F
7. The company paid dividends in 2012 T F
8. The company had a positive cash flow from Financing in 2013: T F
9. What was the highest amount borrowed over the three year period?
Domino's Pizza, Inc. (DPZ)
110.77 1.05(0.94%)
Period Ending
D.
Working Capital Analysis PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - Working Capital Analysis Powerpoint Presentation Slides. This complete presentation has a set of thirty slides to show your mastery of the subject. Use this ready-made PowerPoint presentation to present before your internal teams or the audience. All presentation designs in this Working Capital Analysis Powerpoint Presentation Slides have been crafted by our team of expert PowerPoint designers using the best of PPT templates, images, data-driven graphs and vector icons. The content has been well-researched by our team of business researchers. The biggest advantage of downloading this deck is that it is fully editable in PowerPoint. You can change the colors, font and text without any hassle to suit your business needs.
This document appears to be a managerial accounting assignment submitted by a student named Asim Javed. It includes 7 questions requiring calculations of variances, budgets, cash flows, and costing. For question 7, the student is asked to calculate costs under 4 definitions and determine the markup percentage needed to earn a target profit of $317,000 on a new product line based on total cost. The detailed calculations and variances are not summarized due to the technical nature of the accounting questions.
COVER PAGESubmitted To Don PrynznykCourse Hospitality AccountingCruzIbarra161
COVER PAGESubmitted To: Don PrynznykCourse: Hospitality Accounting (ACCT-335-A)Section:ASubmitted By:Nhung Dinh833267Neelanjana Khondkar847861Ana Lara827210
CASE1DEWEY, CHEETUM AND HOWE - FINE DININGMASTER BUDGET PREPARATION - PART 2-6WORTH 30% OF YOUR FINAL GRADEBecause of your financial knowledge you have asked to prepare budgeted financial statements and supporting schedulesfor the restaurant's first year of operations. It has been suggested that you prepare this information for each quarter andfor the year. You have been provided with the following researched information to help you with your preparation and youhave also been provided with opening account balances as per section J.ABudgeted sales for each quarter and the year are as follows:For the year$835,0001st quarter27%76%is generated from food sales2nd quarter23%24%is generated from beverage sales3rd quarter20%4th quarter30%BYour fixed salaries for the year are…………………………………………………………….$199,800Your variable salaries expressed as a percentage of sales are…………………………….5.9%Your employee benefits program costs expressed as a % of total gross salaries……….10.8%All salaries are paid in the quarter in which they are incurred. Employee benefits are accrued and paid in the quarter after the accrual.CYour quarterly fixed rent expense which is paid on the first of each quarter is…………….$4,000Your quarterly variable rent expense expressed as a percentage of sales is………………5.0%Variable rent expense is accrued and is paid in the quarter after the benefit is received.DYour total sales are comprised of:………………...………………………..Credit card sales70%……………………………………………………...…………………………………Cash sales20%………………………………………………………..………..………………Sales on account10%Your credit card commissions expense which is deducted by the financial institution is..2.5%Previous collection experience provides you with information on collection patterns as follows:Credit cards sales-in the quarter of sale………………………………………………………..80%Credit card sales-in the quarter following sale………………………………………………….20%Sales on account are collected in the quarter following the sale.EThe following other annual expenses have been given and are incurred evenly through out the year and are paid quarterly as incurred:Advertising and promotion15,000Miscellaneous1,200Bank charges1,200Office1,200Business tax and licenses7,000Professional fees6,000Delivery1,200Printing4,000Repairs and maintenance4,000Laundry and uniforms7,000Supplies2,000Telephone 2,400Travel2,000FUtilities are paid quarterly and are incurred monthly as follows:Fixed$350Variable0.5%of SalesGYour initial bank loan (see opening Balance Sheet) was obtained at an interest rate of…12.0%and is paid each quarter along with the principal payment of……………………………….$15,000You are required to maintain a minimum quarterly cash balance of………………………..$9,000You have negotiated an operating line of credit of…………………………………………….$50,000Your annual rate of interest on the operating line of credit is………………………………..18.0%You may bor ...
This chapter discusses budgeting and budgetary control. It defines a budget and describes different approaches to budget preparation. The key components of a master budget are outlined, including sales forecasting, production planning, and cash budgeting. The chapter also covers budgetary control, including analyzing variances and using a balanced scorecard to link strategy and control. An example cash budget and balanced scorecard are provided to illustrate the concepts.
The Howit Department store is located in midtown Metro.During th.docxSUBHI7
The Howit Department store is located in midtown Metro.
During the past several years, net income has been declining because of suburban shopping centers.
At the close of the year ended
December 31,2007, the following accounts appeared in two of its trial balances.
.
Trial Balances
Unadjusted
Adjusted
Difference Increase/(Decrease)
Accounts Payable
$37,310
$37,310
$0
Accounts Receivable
12,770
12,770
0
Accumulated Depreciation-Delivery Equipment
15,680
19,680
4,000
Accumulated Depreciation-Store Equipment
32,300
41,800
9,500
Cash
7,000
7,000
0
Delivery Expense
8,200
8,200
0
Delivery Equipment
57,000
57,000
0
Depreciation Expense-Delivery Equipment
4,000
4,000
Depreciation Expense-Store Equipment
9,500
9,500
Freight-in
5,060
5,060
0
Common Stock
70,000
70,000
0
Retained Earnings
14,200
14,200
0
Dividends
12,000
12,000
0
Insurance Expense
9,000
9,000
Interest Expense
8,000
8,000
0
Interest Revenue
5,000
5,000
0
Merchandise Inventory
34,360
34,360
0
Notes Payable
46,000
46,000
0
Prepaid Insurance
13,500
4,500
(9,000)
Property Tax Expense
3,500
3,500
Purchases
640,000
640,000
0
Purchase Discounts
7,000
7,000
0
Purchase Returns and Allowances
3,000
3,000
0
Rent Expense
19,600
19,600
0
Salaries Expense
120,000
120,000
0
Sales
860,000
860,000
0
Sales Commissions Expense
8,000
14,000
6,000
Sales Commissions Payable
6,000
6,000
Sales Returns and Allowances
10,000
10,000
0
Store Equipment
125,000
125,000
0
Property Taxes Payable
3,500
3,500
Utilities Expense
10,000
10,000
0
Analysis
reveals
the following additional data:
1.
Salaries expense is
70%
selling and
30%
administrative.
2.
Insurance expense is
50%
selling and
50%
administrative.
3.
A physical inventory was conduced for year ended December 31, 2007 and the inventory was valued at $36,200.
4.
Rent expense, utilities expense, and property tax expense are administrative expenses.
5.
$10,000 of the Notes payable is due for payment next year.
6.
The beginning balance of accounts receivable is $10,750.
7.
The amount of total assets at the beginning of the year is $198,275.
Instructions
1)
Journalize the adjusting entries that were made by the company.
2)
Prepare a multiple-step income statement and a retained earnings statement for the year and a classified balance sheet as of December 31, 2007.
3)
Journalize the closing entries.
4)
Prepare a post-closing trial balance.
5)
Prepare the following ratios and show all support for your computations:
a) Current Ratio
b) Quick Ratio
c) Working Capital
d) Accounts Receivable Turnover
e) Average Collection Period
f) Inventory Turnover
g) Days in Inventory
h )Debt to Total Assets Ratio
i) Gross Profit Ratio
j) Profit Margin Ratio
k) Return on Assets Ratio
l) Asset Turnover Ratio
6) Based on the ratios computed in 5) above, answer the following questions and use the financial statement ratios to support your answers where appropriate:
·
Do you feel that the company is able to meet its current a.
This presentation was delivered at the April 23, 2009 Smart-ups event in Eugene, OR by Dan Vishny (CFO for two start-ups companies). Dan is also known for having one of the top 10 best scores on the CPA exam - for the entire U.S.A.!
InstructionsCASE STUDY - THE COMPLETE ACCOUNTING CYCLEName ______cooperapleh
InstructionsCASE STUDY - THE COMPLETE ACCOUNTING CYCLEName: ___________________________________This Case Study is worth 100 points, or 10% of your final course grade.This Case Study relates to TCOs E and F, and Chapters 2 and 3.MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE LISTED BELOW.There are 10 sheets in the Workbook, including this one.All of the information that you need for the project is located in this Workbook.RequirementsSheet in WorkbookRequirement 1—Prepare the Journal Entries in the General JournalJournal EntriesRequirement 2—Post Journal Entries to the General LedgerGeneral LedgerRequirement 3—Prepare a Trial BalanceTrial BalanceRequirement 4—Prepare the Adjusting EntriesAdjusting EntriesRequirement 5—Post Adjusting Entries to the General LedgerGeneral LedgerRequirement 6—Prepare an Adjusted Trial BalanceAdjusted Trial BalanceRequirement 7—Prepare the Financial StatementsFinancial StatementsRequirement 8—Prepare the Closing EntriesClosing EntriesRequirement 9—Post Closing Entries to the General LedgerGeneral LedgerRequirement 10—Prepare the Post Closing Trial BalancePost-Closing Trial BalanceHint for success: Review the Week 2 Lesson prior to starting this project.There are also hints contained within certain cells on some of the Worksheet tabs. You can hover over the red pointer at the top right-hand corner of the cell to read the hint.Hints are provided for the following balances:1) The debits for the journal entries are on the Journal Entries tab.2) The credits for the journal entries are on the Journal Entries tab.3) The cash balance is on the General Ledger tab.4) The debits for the trial balance are on the Trial Balance tab.5) The credits for the trial balance are on the Trial Balance tab.6) The debits for the adjusted trial balance are on the Adjusted Trial Balance tab.7) The credits for the adjusted trial balance are on the Adjusted Trial Balance tab.8) Net income for the income statement is on the Financial Statements tab.9) Retained earnings as of July 31 are on the Financial Statements tab.10) Total assets for the balance sheet are on the Financial Statements tab.11) Total liabilities and shareholders' equity for the balance sheet are on the Financial Statements tab.12) The debits for the post-closing trial balance are on the Post-Closing Trial Balance tab.13) The credits for the post-closing trial balance are on the Post-Closing Trial Balance tab.
Journal EntriesRequirement #1:During its first month of operation, the Quick Tax Corporation, which specializes in tax preparation,completed the following transactions.July 1Began business by making a deposit in a company bank account of $60,000, in exchangefor 6,000 shares of $10 par value common stock.July 3Paid the current month's rent, $3,500July 5Paid the premium on a 1-year insurance policy, $4,200July 7Purchased supplies on account from Little Company, $1,000.July 10Paid employee salaries, $3,500July 14Purchased equipment from Lake Company, $10,000. Paid $2,500 d ...
InstructionsCASE STUDY - THE COMPLETE ACCOUNTING CYCLEName ______.docxdirkrplav
This article discusses research showing that the American Dream of social mobility through hard work is less attainable today than in the past. Poor Americans, especially white Americans, are much more pessimistic about their ability to get ahead through hard work compared to poorer Latin Americans. The article analyzes survey data showing high levels of stress and lack of optimism among poor white Americans, while poor black and Hispanic Americans are more optimistic about their future prospects despite facing discrimination. The declining belief in the American Dream, especially among poor whites, suggests it may be in tatters given reduced social support for those facing difficulties.
Cogg Hill Camping Equipment CompanyPractice SetFor Use w.docxmonicafrancis71118
Cogg Hill Camping Equipment Company
Practice Set
For Use with
Fundamental Accounting Principles
20th Edition
Wild, Larson & Chiappetta
Prepared by
Leland Mansuetti
Introduction
The Cogg Hill Camping Equipment Company sells and rents camping equipment from its store in Denver, Colorado. It is a sole proprietorship and is owned and operated by Samuel Stephens. The company sells camping equipment and outdoor clothing. Cogg Hill maintains a perpetual inventory system. The company also rents tents and groups of assorted camping equipment (e.g., Type A, B, and C) to trail guides. The terms of all sales and all rentals are “net 30.” The company delivers the equipment to many of its customers. Some customers pick it up at the store. Mr. Stephens makes all deposits. He removes the cash from the cash register and lists all checks received on a deposit ticket. He then gives the duplicate deposit slip to you for recording. The company’s accounting system includes:
Journals
Ledgers
Sales Journal
General Ledger
Purchases Journal
Accounts Receivable Subsidiary Ledger
Cash Receipts Journal
Accounts Payable Subsidiary Ledger
Cash Disbursements Journal
General Journal
The accounting files include:
Name of File
Business Papers to be Filed
Sales and Rental Invoices
Bookkeeper’s copy of sales invoices
Bookkeeper’s copy of rental invoices
Purchase Invoices
Purchase invoices and credit memorandums
Interoffice Memoranda
Interoffice memoranda received from Mr. Stephens
Checks to be signed
Checks prepared for Mr. Stephens
Duplicate Deposit Tickets
Bookkeeper’s copy of deposit ticketsThe post-closing trial balance of the Cogg Hill Camping Equipment Company, as of May 31, was as follows:
Cash
$
21,567.81
Accounts Receivable
11,492.00
Allowance for Doubtful Accounts
$
379.35
Interest Receivable
56.00
Notes Receivable – Emory Co.
9,870.40
(6-month, 8%, due August 15)
Merchandise Inventory
174,985.00
Office Supplies
557.05
Store Supplies
324.75
Prepaid Insurance
650.00
Office Equipment
17,250.00
Accumulated Depreciation – Office Equipment
6,450.00
Store Equipment
69,500.00
Accumulated Depreciation – Store Equipment
22,650.00
Camping Rental Equipment
163,175.15
Accumulated Depreciation – Camping Rental Equipment
91,387.00
Building
350,000.00
Accumulated Depreciation – Building
121,475.00
Accounts Payable
10,435.35
Interest Payable
1,200.00
Mortgage Note Payable – 9%
160,000.00
Samuel Stephens, Capital
405,451.46
Totals
$
819,428.16
$
819,428.16
Accounts Receivable Subsidiary Ledger
P.
Davis
$
2,131.00
K. Gragg
890.00
H. Holmes
1,696.00
S.
Peeples
655.00
A.
Smith
1,275.00
J.
Still
4,845.00
Total
$
11,492.00
Accounts Payable Subsidiary Ledger
Dex Company
$
1,117.90
Dixon Company
817.40
Fulton, Inc.
108.00
Robinson Co.
1,942.05
Samson Dist.
1,950.00
Technical Corp.
2,000.00
Zappo Corp.
2,500.00
Totals
$
10,435.35
Instructions
1.
Examine the business papers that follow. Th.
This document contains a 25 question multiple choice test on the perpetual inventory system. The test is from Chapter 9 of the VCE Accounting Unit 3 curriculum. It covers topics like identifying appropriate debit and credit entries for a stock control ledger, recording stock gains and losses, preparing stock cards, and analyzing inventory information to complete stock control ledgers. The document provides the full test questions and multiple choice answers. It is copyrighted material from Trinity Grammar School that requires the author's permission for external use.
The Carteret operations were experiencing increased cycle times between receiving and putting away goods of around 7 days, causing late and partial shipments to customers. This led to increased costs and loss of revenue. A black belt project was initiated to analyze and improve the receiving to put away process. Data showed high variability in cycle times between customers and weeks. A cause and effect diagram identified potential root causes such as insufficient staffing during peaks, language barriers, and lack of dedicated teams and supervision for the process.
Brief Exercise 5-1Presented below are the components in Gates .docxhartrobert670
Brief Exercise 5-1
Presented below are the components in Gates Company’s income statement.
Determine the missing amounts.
Sales Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Net Income
(a)
$75,000
$
$30,000
$
$10,800
(b)
$108,000
$70,000
$
$
$29,500
(c)
$
$83,900
$79,600
$39,500
$
Brief Exercise 5-2
Radomir Company buys merchandise on account from Lemke Company. The selling price of the goods is $780, and the cost of the goods is $470. Both companies use perpetual inventory systems.
Journalize the transaction on the books of both companies. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
Radomir Company
Lemke Company
(To record credit sale)
(To record cost of merchandise sold)
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Brief Exercise 5-7
Arndt Company provides the following information for the month ended October 31, 2014: sales on credit $280,000, cash sales $100,000, sales discounts $5,000, sales returns and allowances $11,000.
Prepare the sales revenues section of the income statement based on this information.
Arndt COMPANY
Income Statement (Partial)
For the Month Ended October 31, 2014
$
:
$
Brief Exercise 5-9
Assume Kader Company has the following reported amounts: Sales revenue $510,000, Sales returns and allowances $15,000, Cost of goods sold $330,000, and Operating expenses $110,000.
(a) Compute net sales.
Net sales
$
(b) Compute gross profit.
Gross profit
$
(c) Compute income from operations.
Income from operations
$
(d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.)
Gross profit rate
%
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Exercise 5-4 (Part level Submission)
On June 10, Tuzun Company purchased $8,000 of merchandise from Epps Company, FOB shipping point, terms 2/10, n/30. Tuzun pays the freight costs of $400 on June 11. Damaged goods totaling $300 are returned to Epps for credit on June 12. The fair value of these goods is $70. On June 19, Tuzun pays Epps Company in full, less the purchase discount. Both companies use a perpetual inventory system.
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(a)
Prepare separate entries for each transaction on the books of Tuzun Company. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Exercise 5-6 (Part level Submission)
The adjusted trial balance of Tsai Company shows the following data pe ...
Attached is a joint letter to Capitol Hill to advocate for increased.docxjaggernaoma
Attached is a joint letter to Capitol Hill to advocate for increased funding of the Public Health and Social Services Emergency Fund which included funding for nurses that are furloughed. Also, a type of reward that ANA is advocating for during Mental Health Month there is a call for legislative support for hazard pay and mental health services for nurses.
https://www.nursingworld.org/practice-policy/work-environment/health-safety/disaster-preparedness/coronavirus/what-you-need-to-know/legislative-and-regulatory-advocacy/covid-19-legislative-regulatory-and-advocacy-update/
What should nurses do to support each other and the professions during the COVID-19 pandemic?
.
Attached is a copy of an interview done with a Tribal member regardi.docxjaggernaoma
Attached is a copy of an interview done with a Tribal member regarding the issue of Tribal sovereignity. It needs to be restructured into something that resembles a newspaper article or reflection essay. The emphasis would be on five questions within the piece that discuss Tribal sovereignity, and the answers to same based on the entire document. The document needs to be approx. 2 pages, #12 font, double spaced. It needs to be completed by Tuesday afternoon. That would be tomorrow.
.
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By now you all should be having clearer idea of your research papeTawnaDelatorrejs
By now you all should be having clearer idea of your research paper and its main arguments. As you are reading the sources for the annotated bibliography start forming your main arguments and supporting evidence for your research papers. Pay attention to the sources that directly and closely address your research topic and start to put them into categorizes as how they address your research problem. This is your literature review section. The outline for your research paper is due on Sunday October 17th. I have posted a general outline template under Files. It should be ~ 2 pages long. Try to be specific. This will help me give you better feedback.
General Outline Template
I. Introduction
a. Motivation
b. Research statement (question(s))
c. Purpose/significance
II. Background (historical and/or contextual)
a. Here explain the nature and parameters of the social phenomenon you are studying
b. Cover the historical background that serves the paper
III. Literature Review
a. Category 1
b. Category 2
c. Category 3
d. End this section by restating your research statement
IV. Methodology
a. Method(s) you are adopting (comparative, historical, analytical, etc.)
b. Justify case study and comparison (if any)
c. Clearly define your concepts (breaking them into their measurable variables)
d. Sources/data
V. Main body (Arguments)
a. Argument 1
i. Explain the argument
ii. Supporting evidence and/or logic
b. Argument 2
i. Explain the argument
ii. Supporting evidence and/or logic
c. Argument 3
i. Explain the argument
ii. Supporting evidence and/or logic
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Chart of AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Asset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Common Stock301Baking Supplies102Accounts Payable202Dividends302Prepaid Rent103Wages Payable203Cost of Goods Sold303Prepaid Insurance104Interest Payable 204Baking Equipment105Office Supplies106Accounts Receivable107 Accumulated Depreciation108Merchandise Inventory109Revenue AccountsAcct #Bakery Sales401Merchandise Sales402Expense AccountsAcct #Baking Supplies Expense501Rent Expense502Insurance Expense503Misc. Expense504Business License Expense505Advertising Expense506Wages Expense507Telephone Expense508Interest Expense509Depreciation Expense510Office Supplies Expense511CashBaking SuppliesPrepaid RentPrepaid InsuranceBaking EquipmentOffice SuppliesAccounts ReceivableAccumulated DepreciationMerchandise InventoryNotes PayableAccounts PayableWages PayableInterest Payable Common StockDividendsBakery SalesMerchandise SalesBaking Supplies ExpenseRent ExpenseInsurance ExpenseMisc. ExpenseBusiness License ExpenseAdvertising ExpenseWages ExpenseTelephone ExpenseInterest ExpenseDepreciation ExpenseOffice Supplies ExpenseCost of Goods Sold
October Journal EntriesA ...
Annual Net Working Capital PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - Annual Net Working Capital Powerpoint Presentation Slides. This PPT deck displays thirty slides with in depth research. Our topic oriented Annual Net Working Capital Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographs for an inclusive and comprehensive Annual Net Working Capital Powerpoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement.
1. True or false. Unlike a merchandising business, a manufacturingAbbyWhyte974
1. True or false. Unlike a merchandising business, a manufacturing business uses multiple inventory accounts to reflect the cost of raw materials, partially completed goods, and finished goods.
TRUE
FALSE
2.5 points
QUESTION 2
1. For a manufacturing business, the finished goods inventory account reflects the cost of what?
Shipping
Partially completed goods
Completed goods
Raw materials
2.5 points
QUESTION 3
1. Super Goods, an electronics retailer, purchases $80,000 worth of computers from a manufacturer in Taiwan. The terms of the purchase are FOB shipping point. Freight costs total $9,000. The goods are shipped on June 1 and delivered on June 15. On June 1, which two accounts should be debited by Super Goods in the following journal entry? Date Account Dr. Cr. 6-01-XX 80000.00 9000.00 Accounts Payable 89000.00
Inventory and Freight-out
Accounts Receivable and Freight-out
Inventory and Freight-in
Accounts Receivable and Freight-in
2.5 points
QUESTION 4
1. At the time of shipment, goods that are purchased FOB shipping point are
reported on the seller's balance sheet.
considered the responsibility of the buyer.
designated as freight-out.
categorized as partially completed inventory.
2.5 points
QUESTION 5
1. On February 15, a buyer purchases $30,000 worth of goods from a manufacturer. The manufacturer offers the buyer a 3% discount ($900) if payment for the goods is made within 10 days. The buyer pays for the merchandise on February 20. In a journal entry, the seller should debit ________ and credit ________ for $900.
Sales; Purchase Discounts
Accounts Receivable; Sales
Sales; Accounts Receivable
Accounts Payable; Inventory
2.5 points
QUESTION 6
1. A buyer receives a sales discount from a seller for paying for purchased goods within a specific period of time. In what way does the sales discount affects the buyer?
Reducing freight-in costs
Reducing the cost of inventory
Increasing freight-out costs
Increasing the cost of inventory
2.5 points
QUESTION 7
1. For a manufacturing business, the __________ inventory account reflects the cost of products that have been manufactured and are ready to be sold.
Raw materials
Work-in-process
Freight-in
Finished goods
2.5 points
QUESTION 8
1. Which term refers to goods that a merchandising business purchases and resells?
Inputs
Frieght
Supplies
Inventory
2.5 points
QUESTION 9
1. On February 15, a buyer purchases $10,000 worth of goods from a manufacturer, who spent $5,000 to manufacture the goods. The terms of sale are FOB shipping point, and shipping costs are $800. The goods will be shipped on June 1. The manufacturer must make two journal entries on June 1. In the second journal entry, the manufacturer should debit ________ and credit ________. Date Account Dr. Cr. 6-01-XX Accounts Receivable 10,000.00 Cash 800.00 Sales 10,000.00 Date Account Dr. Cr. 6-01-XX 5,000.00 5,000.00
Cash; Cost of Goods Sold
Cost of Goods Sold; ...
1. True or false. Unlike a merchandising business, a manufacturingSantosConleyha
1. True or false. Unlike a merchandising business, a manufacturing business uses multiple inventory accounts to reflect the cost of raw materials, partially completed goods, and finished goods.
TRUE
FALSE
2.5 points
QUESTION 2
1. For a manufacturing business, the finished goods inventory account reflects the cost of what?
Shipping
Partially completed goods
Completed goods
Raw materials
2.5 points
QUESTION 3
1. Super Goods, an electronics retailer, purchases $80,000 worth of computers from a manufacturer in Taiwan. The terms of the purchase are FOB shipping point. Freight costs total $9,000. The goods are shipped on June 1 and delivered on June 15. On June 1, which two accounts should be debited by Super Goods in the following journal entry? Date Account Dr. Cr. 6-01-XX 80000.00 9000.00 Accounts Payable 89000.00
Inventory and Freight-out
Accounts Receivable and Freight-out
Inventory and Freight-in
Accounts Receivable and Freight-in
2.5 points
QUESTION 4
1. At the time of shipment, goods that are purchased FOB shipping point are
reported on the seller's balance sheet.
considered the responsibility of the buyer.
designated as freight-out.
categorized as partially completed inventory.
2.5 points
QUESTION 5
1. On February 15, a buyer purchases $30,000 worth of goods from a manufacturer. The manufacturer offers the buyer a 3% discount ($900) if payment for the goods is made within 10 days. The buyer pays for the merchandise on February 20. In a journal entry, the seller should debit ________ and credit ________ for $900.
Sales; Purchase Discounts
Accounts Receivable; Sales
Sales; Accounts Receivable
Accounts Payable; Inventory
2.5 points
QUESTION 6
1. A buyer receives a sales discount from a seller for paying for purchased goods within a specific period of time. In what way does the sales discount affects the buyer?
Reducing freight-in costs
Reducing the cost of inventory
Increasing freight-out costs
Increasing the cost of inventory
2.5 points
QUESTION 7
1. For a manufacturing business, the __________ inventory account reflects the cost of products that have been manufactured and are ready to be sold.
Raw materials
Work-in-process
Freight-in
Finished goods
2.5 points
QUESTION 8
1. Which term refers to goods that a merchandising business purchases and resells?
Inputs
Frieght
Supplies
Inventory
2.5 points
QUESTION 9
1. On February 15, a buyer purchases $10,000 worth of goods from a manufacturer, who spent $5,000 to manufacture the goods. The terms of sale are FOB shipping point, and shipping costs are $800. The goods will be shipped on June 1. The manufacturer must make two journal entries on June 1. In the second journal entry, the manufacturer should debit ________ and credit ________. Date Account Dr. Cr. 6-01-XX Accounts Receivable 10,000.00 Cash 800.00 Sales 10,000.00 Date Account Dr. Cr. 6-01-XX 5,000.00 5,000.00
Cash; Cost of Goods Sold
Cost of Goods Sold; ...
BTE 302TEST 1NameCMR 302Test IAnswer the Following.docxcurwenmichaela
BTE 302
TEST 1
Name:
CMR 302
Test I
Answer the Following
1. What are the five accounting classifications?
2. What accounting classifications are displayed on the Balance Sheet?
3. Give two examples of a Current Asset
4. What type of an asset is the account Patent?
5. What is the definition of non-current asset?
6. Classify the account Notes Payable (90 days).
7. How do you calculate Gross Profit
8. How do you calculate Operating Income?
9. List an example of a non-operating income.
10. What classification is the account Retained Earnings?
Circle the Correct Answer. SHOW YOUR WORK Where Required
1. Gilbert, Inc. had the following account balances at September 30, 2010. What is Gilbert's net income for the month of September?
Cost of Sales 10,000
Cash 14,300
Equipment 15,400
Fees Earned 54,400
Miscellaneous Expense 18,200
Rent Expense 2,000
Retained Earnings 6,550
Wages Expense 13,900
a) $32,450
b) $10,300 SHOW YOUR WORK
c) $20,300
d) $1 8, 1 50
2. Sales = $10,000, Cost of Sales = $4,000, Operating Expenses = $ 1,000, Other Expenses = $ 2,000. What is the Gross Profit?
___________________________ SHOW YOUR WORK
3. NBC Company had $32,000 in net sales, $15,000 in cost of merchandise sold, $18,000 in operating expenses, and $2,000 in other income. What is NBC Company's operating profit?
a) $17,000
b) $3,000 SHOW YOUR WORK
c) $1,000
d) ($1, 000)
4. Expenses that CANNOT be traced directly to operations are identified as
a) Other income.
b) Operating expenses.
c) Cost of goods sold.
d) Other expenses.
5. On the Statement of Cash Flows, where is the purchase of property, plant and equipment recorded?
____________________________
6. On the Statement of Cash Flows, where are dividends recorded?
_____________________________
7. Assets = $ 13,000 Equity = $ 4,000 Liabilities = __________________
8. Liabilities = 4,000 Assets = $ 8,000 Equity = __________________
The Economy (Fill-In)
1. Which indicator is the best indicator of consumer inflation?
2. Which indicator measures employee hourly wages?
3. Which indicator is a leading indicator of economic growth
4. What can an increase in inventories mean?
5. Which economic theory believes that the government should intervene during a fiscal crisis?
Domino's Pizza (Fill-In)
Use the Domino's Pizza Statement of Cash Flows listed below to answer the following questions.
Omit trailing zeros when entering data. Use brackets ( ) to indicate cash used in the statement.
1. 2012 Cash Flow from Operations
2. 2013 Cash Flow from Investing
3. 2014 Cash Flow from Financing
4. What was the primary Investing activity and the amount for 2013?
5. What was the primary Financing activity and the amount for 2012?
6. The company borrowed funds in 2013 T F
7. The company paid dividends in 2012 T F
8. The company had a positive cash flow from Financing in 2013: T F
9. What was the highest amount borrowed over the three year period?
Domino's Pizza, Inc. (DPZ)
110.77 1.05(0.94%)
Period Ending
D.
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This document appears to be a managerial accounting assignment submitted by a student named Asim Javed. It includes 7 questions requiring calculations of variances, budgets, cash flows, and costing. For question 7, the student is asked to calculate costs under 4 definitions and determine the markup percentage needed to earn a target profit of $317,000 on a new product line based on total cost. The detailed calculations and variances are not summarized due to the technical nature of the accounting questions.
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CASE1DEWEY, CHEETUM AND HOWE - FINE DININGMASTER BUDGET PREPARATION - PART 2-6WORTH 30% OF YOUR FINAL GRADEBecause of your financial knowledge you have asked to prepare budgeted financial statements and supporting schedulesfor the restaurant's first year of operations. It has been suggested that you prepare this information for each quarter andfor the year. You have been provided with the following researched information to help you with your preparation and youhave also been provided with opening account balances as per section J.ABudgeted sales for each quarter and the year are as follows:For the year$835,0001st quarter27%76%is generated from food sales2nd quarter23%24%is generated from beverage sales3rd quarter20%4th quarter30%BYour fixed salaries for the year are…………………………………………………………….$199,800Your variable salaries expressed as a percentage of sales are…………………………….5.9%Your employee benefits program costs expressed as a % of total gross salaries……….10.8%All salaries are paid in the quarter in which they are incurred. Employee benefits are accrued and paid in the quarter after the accrual.CYour quarterly fixed rent expense which is paid on the first of each quarter is…………….$4,000Your quarterly variable rent expense expressed as a percentage of sales is………………5.0%Variable rent expense is accrued and is paid in the quarter after the benefit is received.DYour total sales are comprised of:………………...………………………..Credit card sales70%……………………………………………………...…………………………………Cash sales20%………………………………………………………..………..………………Sales on account10%Your credit card commissions expense which is deducted by the financial institution is..2.5%Previous collection experience provides you with information on collection patterns as follows:Credit cards sales-in the quarter of sale………………………………………………………..80%Credit card sales-in the quarter following sale………………………………………………….20%Sales on account are collected in the quarter following the sale.EThe following other annual expenses have been given and are incurred evenly through out the year and are paid quarterly as incurred:Advertising and promotion15,000Miscellaneous1,200Bank charges1,200Office1,200Business tax and licenses7,000Professional fees6,000Delivery1,200Printing4,000Repairs and maintenance4,000Laundry and uniforms7,000Supplies2,000Telephone 2,400Travel2,000FUtilities are paid quarterly and are incurred monthly as follows:Fixed$350Variable0.5%of SalesGYour initial bank loan (see opening Balance Sheet) was obtained at an interest rate of…12.0%and is paid each quarter along with the principal payment of……………………………….$15,000You are required to maintain a minimum quarterly cash balance of………………………..$9,000You have negotiated an operating line of credit of…………………………………………….$50,000Your annual rate of interest on the operating line of credit is………………………………..18.0%You may bor ...
This chapter discusses budgeting and budgetary control. It defines a budget and describes different approaches to budget preparation. The key components of a master budget are outlined, including sales forecasting, production planning, and cash budgeting. The chapter also covers budgetary control, including analyzing variances and using a balanced scorecard to link strategy and control. An example cash budget and balanced scorecard are provided to illustrate the concepts.
The Howit Department store is located in midtown Metro.During th.docxSUBHI7
The Howit Department store is located in midtown Metro.
During the past several years, net income has been declining because of suburban shopping centers.
At the close of the year ended
December 31,2007, the following accounts appeared in two of its trial balances.
.
Trial Balances
Unadjusted
Adjusted
Difference Increase/(Decrease)
Accounts Payable
$37,310
$37,310
$0
Accounts Receivable
12,770
12,770
0
Accumulated Depreciation-Delivery Equipment
15,680
19,680
4,000
Accumulated Depreciation-Store Equipment
32,300
41,800
9,500
Cash
7,000
7,000
0
Delivery Expense
8,200
8,200
0
Delivery Equipment
57,000
57,000
0
Depreciation Expense-Delivery Equipment
4,000
4,000
Depreciation Expense-Store Equipment
9,500
9,500
Freight-in
5,060
5,060
0
Common Stock
70,000
70,000
0
Retained Earnings
14,200
14,200
0
Dividends
12,000
12,000
0
Insurance Expense
9,000
9,000
Interest Expense
8,000
8,000
0
Interest Revenue
5,000
5,000
0
Merchandise Inventory
34,360
34,360
0
Notes Payable
46,000
46,000
0
Prepaid Insurance
13,500
4,500
(9,000)
Property Tax Expense
3,500
3,500
Purchases
640,000
640,000
0
Purchase Discounts
7,000
7,000
0
Purchase Returns and Allowances
3,000
3,000
0
Rent Expense
19,600
19,600
0
Salaries Expense
120,000
120,000
0
Sales
860,000
860,000
0
Sales Commissions Expense
8,000
14,000
6,000
Sales Commissions Payable
6,000
6,000
Sales Returns and Allowances
10,000
10,000
0
Store Equipment
125,000
125,000
0
Property Taxes Payable
3,500
3,500
Utilities Expense
10,000
10,000
0
Analysis
reveals
the following additional data:
1.
Salaries expense is
70%
selling and
30%
administrative.
2.
Insurance expense is
50%
selling and
50%
administrative.
3.
A physical inventory was conduced for year ended December 31, 2007 and the inventory was valued at $36,200.
4.
Rent expense, utilities expense, and property tax expense are administrative expenses.
5.
$10,000 of the Notes payable is due for payment next year.
6.
The beginning balance of accounts receivable is $10,750.
7.
The amount of total assets at the beginning of the year is $198,275.
Instructions
1)
Journalize the adjusting entries that were made by the company.
2)
Prepare a multiple-step income statement and a retained earnings statement for the year and a classified balance sheet as of December 31, 2007.
3)
Journalize the closing entries.
4)
Prepare a post-closing trial balance.
5)
Prepare the following ratios and show all support for your computations:
a) Current Ratio
b) Quick Ratio
c) Working Capital
d) Accounts Receivable Turnover
e) Average Collection Period
f) Inventory Turnover
g) Days in Inventory
h )Debt to Total Assets Ratio
i) Gross Profit Ratio
j) Profit Margin Ratio
k) Return on Assets Ratio
l) Asset Turnover Ratio
6) Based on the ratios computed in 5) above, answer the following questions and use the financial statement ratios to support your answers where appropriate:
·
Do you feel that the company is able to meet its current a.
This presentation was delivered at the April 23, 2009 Smart-ups event in Eugene, OR by Dan Vishny (CFO for two start-ups companies). Dan is also known for having one of the top 10 best scores on the CPA exam - for the entire U.S.A.!
InstructionsCASE STUDY - THE COMPLETE ACCOUNTING CYCLEName ______cooperapleh
InstructionsCASE STUDY - THE COMPLETE ACCOUNTING CYCLEName: ___________________________________This Case Study is worth 100 points, or 10% of your final course grade.This Case Study relates to TCOs E and F, and Chapters 2 and 3.MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE LISTED BELOW.There are 10 sheets in the Workbook, including this one.All of the information that you need for the project is located in this Workbook.RequirementsSheet in WorkbookRequirement 1—Prepare the Journal Entries in the General JournalJournal EntriesRequirement 2—Post Journal Entries to the General LedgerGeneral LedgerRequirement 3—Prepare a Trial BalanceTrial BalanceRequirement 4—Prepare the Adjusting EntriesAdjusting EntriesRequirement 5—Post Adjusting Entries to the General LedgerGeneral LedgerRequirement 6—Prepare an Adjusted Trial BalanceAdjusted Trial BalanceRequirement 7—Prepare the Financial StatementsFinancial StatementsRequirement 8—Prepare the Closing EntriesClosing EntriesRequirement 9—Post Closing Entries to the General LedgerGeneral LedgerRequirement 10—Prepare the Post Closing Trial BalancePost-Closing Trial BalanceHint for success: Review the Week 2 Lesson prior to starting this project.There are also hints contained within certain cells on some of the Worksheet tabs. You can hover over the red pointer at the top right-hand corner of the cell to read the hint.Hints are provided for the following balances:1) The debits for the journal entries are on the Journal Entries tab.2) The credits for the journal entries are on the Journal Entries tab.3) The cash balance is on the General Ledger tab.4) The debits for the trial balance are on the Trial Balance tab.5) The credits for the trial balance are on the Trial Balance tab.6) The debits for the adjusted trial balance are on the Adjusted Trial Balance tab.7) The credits for the adjusted trial balance are on the Adjusted Trial Balance tab.8) Net income for the income statement is on the Financial Statements tab.9) Retained earnings as of July 31 are on the Financial Statements tab.10) Total assets for the balance sheet are on the Financial Statements tab.11) Total liabilities and shareholders' equity for the balance sheet are on the Financial Statements tab.12) The debits for the post-closing trial balance are on the Post-Closing Trial Balance tab.13) The credits for the post-closing trial balance are on the Post-Closing Trial Balance tab.
Journal EntriesRequirement #1:During its first month of operation, the Quick Tax Corporation, which specializes in tax preparation,completed the following transactions.July 1Began business by making a deposit in a company bank account of $60,000, in exchangefor 6,000 shares of $10 par value common stock.July 3Paid the current month's rent, $3,500July 5Paid the premium on a 1-year insurance policy, $4,200July 7Purchased supplies on account from Little Company, $1,000.July 10Paid employee salaries, $3,500July 14Purchased equipment from Lake Company, $10,000. Paid $2,500 d ...
InstructionsCASE STUDY - THE COMPLETE ACCOUNTING CYCLEName ______.docxdirkrplav
This article discusses research showing that the American Dream of social mobility through hard work is less attainable today than in the past. Poor Americans, especially white Americans, are much more pessimistic about their ability to get ahead through hard work compared to poorer Latin Americans. The article analyzes survey data showing high levels of stress and lack of optimism among poor white Americans, while poor black and Hispanic Americans are more optimistic about their future prospects despite facing discrimination. The declining belief in the American Dream, especially among poor whites, suggests it may be in tatters given reduced social support for those facing difficulties.
Cogg Hill Camping Equipment CompanyPractice SetFor Use w.docxmonicafrancis71118
Cogg Hill Camping Equipment Company
Practice Set
For Use with
Fundamental Accounting Principles
20th Edition
Wild, Larson & Chiappetta
Prepared by
Leland Mansuetti
Introduction
The Cogg Hill Camping Equipment Company sells and rents camping equipment from its store in Denver, Colorado. It is a sole proprietorship and is owned and operated by Samuel Stephens. The company sells camping equipment and outdoor clothing. Cogg Hill maintains a perpetual inventory system. The company also rents tents and groups of assorted camping equipment (e.g., Type A, B, and C) to trail guides. The terms of all sales and all rentals are “net 30.” The company delivers the equipment to many of its customers. Some customers pick it up at the store. Mr. Stephens makes all deposits. He removes the cash from the cash register and lists all checks received on a deposit ticket. He then gives the duplicate deposit slip to you for recording. The company’s accounting system includes:
Journals
Ledgers
Sales Journal
General Ledger
Purchases Journal
Accounts Receivable Subsidiary Ledger
Cash Receipts Journal
Accounts Payable Subsidiary Ledger
Cash Disbursements Journal
General Journal
The accounting files include:
Name of File
Business Papers to be Filed
Sales and Rental Invoices
Bookkeeper’s copy of sales invoices
Bookkeeper’s copy of rental invoices
Purchase Invoices
Purchase invoices and credit memorandums
Interoffice Memoranda
Interoffice memoranda received from Mr. Stephens
Checks to be signed
Checks prepared for Mr. Stephens
Duplicate Deposit Tickets
Bookkeeper’s copy of deposit ticketsThe post-closing trial balance of the Cogg Hill Camping Equipment Company, as of May 31, was as follows:
Cash
$
21,567.81
Accounts Receivable
11,492.00
Allowance for Doubtful Accounts
$
379.35
Interest Receivable
56.00
Notes Receivable – Emory Co.
9,870.40
(6-month, 8%, due August 15)
Merchandise Inventory
174,985.00
Office Supplies
557.05
Store Supplies
324.75
Prepaid Insurance
650.00
Office Equipment
17,250.00
Accumulated Depreciation – Office Equipment
6,450.00
Store Equipment
69,500.00
Accumulated Depreciation – Store Equipment
22,650.00
Camping Rental Equipment
163,175.15
Accumulated Depreciation – Camping Rental Equipment
91,387.00
Building
350,000.00
Accumulated Depreciation – Building
121,475.00
Accounts Payable
10,435.35
Interest Payable
1,200.00
Mortgage Note Payable – 9%
160,000.00
Samuel Stephens, Capital
405,451.46
Totals
$
819,428.16
$
819,428.16
Accounts Receivable Subsidiary Ledger
P.
Davis
$
2,131.00
K. Gragg
890.00
H. Holmes
1,696.00
S.
Peeples
655.00
A.
Smith
1,275.00
J.
Still
4,845.00
Total
$
11,492.00
Accounts Payable Subsidiary Ledger
Dex Company
$
1,117.90
Dixon Company
817.40
Fulton, Inc.
108.00
Robinson Co.
1,942.05
Samson Dist.
1,950.00
Technical Corp.
2,000.00
Zappo Corp.
2,500.00
Totals
$
10,435.35
Instructions
1.
Examine the business papers that follow. Th.
This document contains a 25 question multiple choice test on the perpetual inventory system. The test is from Chapter 9 of the VCE Accounting Unit 3 curriculum. It covers topics like identifying appropriate debit and credit entries for a stock control ledger, recording stock gains and losses, preparing stock cards, and analyzing inventory information to complete stock control ledgers. The document provides the full test questions and multiple choice answers. It is copyrighted material from Trinity Grammar School that requires the author's permission for external use.
The Carteret operations were experiencing increased cycle times between receiving and putting away goods of around 7 days, causing late and partial shipments to customers. This led to increased costs and loss of revenue. A black belt project was initiated to analyze and improve the receiving to put away process. Data showed high variability in cycle times between customers and weeks. A cause and effect diagram identified potential root causes such as insufficient staffing during peaks, language barriers, and lack of dedicated teams and supervision for the process.
Brief Exercise 5-1Presented below are the components in Gates .docxhartrobert670
Brief Exercise 5-1
Presented below are the components in Gates Company’s income statement.
Determine the missing amounts.
Sales Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Net Income
(a)
$75,000
$
$30,000
$
$10,800
(b)
$108,000
$70,000
$
$
$29,500
(c)
$
$83,900
$79,600
$39,500
$
Brief Exercise 5-2
Radomir Company buys merchandise on account from Lemke Company. The selling price of the goods is $780, and the cost of the goods is $470. Both companies use perpetual inventory systems.
Journalize the transaction on the books of both companies. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
Radomir Company
Lemke Company
(To record credit sale)
(To record cost of merchandise sold)
Warning
Don't show me this message again for the assignment
Ok
Cancel
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Open Show Work
Brief Exercise 5-7
Arndt Company provides the following information for the month ended October 31, 2014: sales on credit $280,000, cash sales $100,000, sales discounts $5,000, sales returns and allowances $11,000.
Prepare the sales revenues section of the income statement based on this information.
Arndt COMPANY
Income Statement (Partial)
For the Month Ended October 31, 2014
$
:
$
Brief Exercise 5-9
Assume Kader Company has the following reported amounts: Sales revenue $510,000, Sales returns and allowances $15,000, Cost of goods sold $330,000, and Operating expenses $110,000.
(a) Compute net sales.
Net sales
$
(b) Compute gross profit.
Gross profit
$
(c) Compute income from operations.
Income from operations
$
(d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.)
Gross profit rate
%
Warning
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Ok
Cancel
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Open Show Work
Modify Show Work
Exercise 5-4 (Part level Submission)
On June 10, Tuzun Company purchased $8,000 of merchandise from Epps Company, FOB shipping point, terms 2/10, n/30. Tuzun pays the freight costs of $400 on June 11. Damaged goods totaling $300 are returned to Epps for credit on June 12. The fair value of these goods is $70. On June 19, Tuzun pays Epps Company in full, less the purchase discount. Both companies use a perpetual inventory system.
Warning
Don't show me this message again for the assignment
Ok
Cancel
(a)
Prepare separate entries for each transaction on the books of Tuzun Company. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Exercise 5-6 (Part level Submission)
The adjusted trial balance of Tsai Company shows the following data pe ...
Similar to Insert Your Last Name, First InitialSPHE 314 Exercise Physiolog.docx (20)
Attached is a joint letter to Capitol Hill to advocate for increased.docxjaggernaoma
Attached is a joint letter to Capitol Hill to advocate for increased funding of the Public Health and Social Services Emergency Fund which included funding for nurses that are furloughed. Also, a type of reward that ANA is advocating for during Mental Health Month there is a call for legislative support for hazard pay and mental health services for nurses.
https://www.nursingworld.org/practice-policy/work-environment/health-safety/disaster-preparedness/coronavirus/what-you-need-to-know/legislative-and-regulatory-advocacy/covid-19-legislative-regulatory-and-advocacy-update/
What should nurses do to support each other and the professions during the COVID-19 pandemic?
.
Attached is a copy of an interview done with a Tribal member regardi.docxjaggernaoma
Attached is a copy of an interview done with a Tribal member regarding the issue of Tribal sovereignity. It needs to be restructured into something that resembles a newspaper article or reflection essay. The emphasis would be on five questions within the piece that discuss Tribal sovereignity, and the answers to same based on the entire document. The document needs to be approx. 2 pages, #12 font, double spaced. It needs to be completed by Tuesday afternoon. That would be tomorrow.
.
Attached Files Week 5 - trace IP Physical Location.rtf (38..docxjaggernaoma
Attached Files:
Week 5 - trace IP Physical Location.rtf
(38.189 KB)
Lab WK 5
Scenario:
You are the cybersecurity expert for a government organization. There is great concern that hackers from another country will infiltrate the government network by using a phishing attack to interfere with our election process. One member send you an email that looks suspicious, in oder to provide law enforcement with as much information as possible you decide to track the sender.
You may use the attached email (.txt) the senders IP is highlighted or choose one from your own email
Trace the IP
to get a physical address (starting point)
Share any other information you find that may be relevant to law enforcement
Short Guides - You may need Google "how to view the source code for your specific" device, browser etc... also works on email that are not saved on your device.
Mac
Outlook (Windows)
.
Attached here is a psychology article I need to be summarized. Pleas.docxjaggernaoma
Attached here is a psychology article I need to be summarized. Please also follow attached rubric. Your summary should use
Study 2 (ONLY)
or EXPERIMENT 2 ONLY
of the Sherman, Haidt, and Cohen (2009) article and follow the format of the sample provided. Remember that your summary should be in your own words. Also follow attached instructions.
.
Attached Files:
News Analysis Sample.docx
News Analysis Sample.docx - Alternative Formats
(18.027 KB)
News Analysis #1_sample.docx
News Analysis #1_sample.docx - Alternative Formats
(17.771 KB)
This assignment fulfills/supports
Module Outcome: You will have discuss how prejudice, stereotypes, and racism help to perpetuate disadvantage for less powerful groups.
Course Outcome: You will identify and describe key social problems and proposed solutions.
Education Competency: You will demonstrate socialization skills that support cultural awareness and a global perspective.
The Assignment
Watch/browse a newscast and write a report containing the following:
Name, date, and time of newscast.
The top five stories of the day
A 3-5 sentence paragraph summarizing a story of interest shown during the newscast.
Share 3-5 sentences of your personal reaction to the story.
Apply
five
key concepts covered in the chapters of the module discussed during the story. Include a definition of each concept and provide a
quote
from the newscast to illustrate the concept. See the course outline for the due date for each analysis.
Resources
Student Submission of Safe Assignment
SafeAssign: Student Guide
Acceptable Length
You analysis should be no more than two pages.
Formatting Requirements
Put your name, course and section number, and assignment title at the top of the document.
Use one-inch margins.
Use a 12-point Times New Roman font.
Use double line spacing in the document.
Grading Criteria
The overall score noted in a SafeAssign originality report is an indicator of the percentage of the submitted paper matching existing sources. This score is a warning indicator only and papers should be reviewed to see if the matches are properly attributed.
Scores below 15 percent: These papers typical include some quotes and few common phrases or blocks of text that match other documents. These papers typically do not require further analysis, as there is no evidence of plagiarism in these papers.
Scores between 15 percent and 40 percent: These papers include extensive quoted or paraphrased material or they may include plagiarism. These papers should be reviewed to determine if the matching content is properly attributed.
Scores over 40 percent: There is a very high probability that text in this paper was copied from other sources. These papers likely include quoted or paraphrased text in excess and should be reviewed for plagiarism.
.
Attached Files:
SOC-220_SOCIAL PROBLEMS PRESENTATION_Sample.pptx
SOC-220_SOCIAL PROBLEMS PRESENTATION_Sample.pptx - Alternative Formats
(1.525 MB)
SOC 220 common presentation assignment rurbic.docx
SOC 220 common presentation assignment rurbic.docx - Alternative Formats
(18.424 KB)
Power Point Assignment Rubric and List of Social Problems are attached:
Social Problems Presentation Instructions
Introduction
This assignment will investigate the concepts covered in this course and allow you to use policy evaluation, cultural values, and political outlook to discuss it.
This assignment fulfills/supports
Module Outcome: You will define how prejudice, stereotypes, and racism help to perpetuate disadvantage for less powerful groups.
Course Outcome #2: You will identify and describe key social problems and proposed solutions.
General Education Competency #1: You will use critical thinking skills that support cultural awareness and a global perspective.
The Project Assignment:
As a journalist or researcher, create a 1-2 minute commercial OR 15-22 Power Point Presentation on an international (I ask that you limit your topics to non-American social problems) social problem to be shown during the news. This information should be compiled into a commercial presentation using power point slides, Flipgrid, Animoto, or Powtoon.
You must answer the following questions by also providing a typed summary in MSWord format answering the following questions if you are providing a 1-2 min. commercial. If choosing a power point presentation, please make sure theses questions are included in your presentation with answers- detailed and comprehensive, using 3 academic sources (min.) or more if needed:
Topic selection and explanation for choosing the topic
. Select a problem in another country. Since there are literally hundreds of topics to choose from, I ask that you limit your topics to non-American social problems. Identify the problem. Provide some background and/or information concerning why you choose this particular topic. Be sure to discuss who is involved. (
0-15 points
)
Explain why the social problem is considered a serious issue
. Provide research within the past 5 years. Is the problem increasing, and if so, how and/or why? (
0-25 points
)
Acknowledge how this problem can be addressed from a journalist perspective.
What path would you take to bring light to the problem if you were a journalist for this story? For example, you may choose to focus on a specific region or topic. If you want to focus on a specific topic, some ideas for you to consider might be youth (toy soldiers, child labor), gender, rape, health, illness (AIDS), drug use (additional topics may be found under helpful information). Since there are literally hundreds of topics to choose from, I ask that you limit your topics to non-American social problems. (
0-20 points
)
Identify at least four sociological concepts related to this social problem.
You mu.
Attached below you will find the series of 4 questions. This assignm.docxjaggernaoma
This document provides instructions for an assignment due by Monday, April 14th at 11:00 PM Eastern Time. It requires answering 4 questions using APA formatting for in-text citations and references, and the student must reference the book "The American democracy" by Patterson as one of the sources. The document emphasizes that original work is required and no plagiarism is allowed.
Attached below isWEEK 4 As always, include references. As alwa.docxjaggernaoma
Attached below is:
WEEK 4: As always, include references. As always, no plagiarism, cite and list in apa format
Respond To Discussion Board: They are 2 discussion boards post below. read and Reply to each discussion post 100 words per each response so total 200words. Responses should demonstrate critical thinking and comprehension of the discussion topic and are strengthened when they are supported by additional research. You are expected to provide supporting details for your response; that support may come from the points covered in the readings and additional external research all source must be cited and listed (
appropriately cited
) in APA
.
Attached are two articles in one document. Write thoughtful resp.docxjaggernaoma
Attached are two articles in one document. Write thoughtful responses to the question about any one of the articles:
1. Expedia article: How did Expedia stay relevant or survive? What did their Usability Lab do? Describe A/B testing in simple words. 150-200 words.
2. Hidden Emotion article: summarize the techniques mentioned in this article. What are some limitaions of using them for decision making? 150-200 words.
.
Attached are the instructions to the assignment.Written Assign.docxjaggernaoma
This 3 sentence summary provides the high level information from the document:
The document contains instructions for a written assignment to develop a plan to calculate descriptive statistics and generate graphs and tables from a set of real world data, though only the plan is required and not the actual analysis.
Attached are the instructions and rubric! Research Paper #2.docxjaggernaoma
Attached are the instructions and rubric!
Research Paper #2
Choose any of the recent emerging / reemerging infectious disease discussed in your textbook (for example: Severe Acute Respiratory Syndrome (SARS – 2002-2003), Middle East Respiratory Syndrome Coronavirus (MERS-CoV)- 2015-2018), Avian influenza, H1N1 Influenza (Swine Flu) Pandemic – 2009-2010, Novel Avian influenza A (H7N9) Virus 2013-2017, West Nile Virus, Lyme Disease, Escherichia Coli, Tuberculosis, Ebola virus disease, Zika virus disease).
1. Introduce the disease
2. Mention signs, symptoms and diagnosis of the disease.
3. Outline the factors that may have contributed to the emergence or reemergence of this infectious diseases.
4. How would you prevent similar occurrence? Mention the goals of Health People 2020 to reduce this infection / Prevention and control of the disease / Infection Control Guidelines.
5. Is there a CDC priority for public health response to this specific infectious disease?
6. What is your thought about emerging antibiotic -resistant microorganisms?
7. What is your role as a community health nurse?
8. Mention research studies related with the topics discussed in your paper (mention at least 3 research studies in paper).
Research Assignment # 2
Purpose
The student will choose (1) of the recent emerging / reemerging infectious disease (some examples were provided) to develop the research project. Also, the student will use given questions to guide the paper.
General directions
1.
You will submit one (1) paper as part of this assignment (individual assignment).
2. Your research paper must follow APA format according to Publication Manual American Psychological Association (APA) (6th ed.). Include a cover page and headings per 6th edition APA guidelines.
3. The research paper should be minimum of 3 pages (not including the title or reference pages) – maximum of 6 pages (not including the title or reference pages), single spaced, Times New Roman, Size 12, and 5 references about the topic (3 must be peer-reviewed journal articles).
Research Paper
Include the following components:
1. Introduction of the disease
2. Mention signs and symptoms of the disease. How do you diagnose this infectious disease?
3. Outline the factors that may have contributed to the emergence or reemergence of this infectious diseases.
4. How would you prevent similar occurrence? Mention the goals of Health People 2020 to reduce this infection / Prevention and control of the disease / Infection Control Guidelines.
5. Is there a CDC priority for public health response to this specific infectious disease?
6. What is your thought about emerging antibiotic -resistant microorganisms?
7. What is your role as a community health nurse?
8. Mention research studies related with the topics discussed in your paper (mention at least 3 research studies in paper).
9. Conclusion
10. References Page
.
Attached are the guidelines for the Expertise Sharing Project. M.docxjaggernaoma
Attached are the guidelines for the Expertise Sharing Project.
My Topic:
Memory Enhancement Strategies
14-15 Slides of Content.
REQUIRED COURSE MATERIALS Required textbook: Slavin, R.E. (2018). Educational psychology: Theory and practice (12th ed.). Boston, MA: Pearson. ISBN- 9780134995199.
Other Required and/or Recommended Resource(s): Writing Style Formatting: APA Format: Where applicable, the use of APA 6th edition is required.
Course Objective 7 - List and describe steps and principles relevant to direct instruction as it relates to the teaching of concepts, skills, and attitudes including various modes of retention, forgetting, and transfer.
Course Objective 8 - Identify the key concepts of the constructivist theory of learning as they relate to cooperative learning, problem-solving and thinking skills
Course Objective 9 - Identify and describe characteristics of appropriate and effective learner-centered lessons and units that utilize grouping, differentiation, and technology.
Course Objective 10 - Describe different bases of motivation such as drives, needs, goals, interests, and achievement motivation; and discuss psychological principles and procedures for teachers to motivate learners and foster intrinsic motivation.
Course Objective 11 - Identify the components of an effective learning environment for all learners, including those with exceptionalities.
Course Objective 12 - Identify methods for teacher accountability and their relation to assessment methodologies
.
Attached are the documents needed to complete the assignment. The in.docxjaggernaoma
Attached are the documents needed to complete the assignment. The instrucions are are attached with an example of how to write the assignment. Also attached is an article that the student is required to write about. It is important that this is completed no later than thursday. I appreciate your help. Thank you
.
Attached are the 3 documents1. Draft copy submitted2. Sam.docxjaggernaoma
Attached are the 3 documents:
1. Draft copy submitted
2. Sample final paper from a different student for reference on how to write our proposed paper.
3. Comments suggested from Professor
** Need a Final paper based on the above suggestions/comments and samples - 1800words (300 WORDS each page * 6pages)
.
attached are directions needed to complete this essay! Please make s.docxjaggernaoma
This document provides instructions for an essay assignment, requiring the essay to answer all questions, be original as the teacher will check for plagiarism, and discuss the Apple iPhone as a topic while using sources. The essay must be completed by 5PM PST on 8/25 in APA format.
Attach is the checklist For this Assignment, write a 3 and half pa.docxjaggernaoma
Attach is the checklist
For this Assignment, write a 3 and half page paper, including reference page, describing an imaginary crime scene of a mass disaster and plan a team approach to the examination of that scene. Describe all of the appropriate specialized personnel that should be present at the scene/disaster and what they should contribute to the investigation.
Use materials from the text and/or any outside resources to support your response.
You may use the textbook as a source, along with personal interviews, . Follow American Psychological Association (APA) format with proper citations and references.
.
Attach and submit the final draft of your Narrative Essay. Remember .docxjaggernaoma
Attach and submit the final draft of your Narrative Essay. Remember that the file you attach should be named with your last name and the assignment title.
Make sure that your essay has the following:
1. An Introduction
2. A Thesis with a specific topic and comment that clearly states exactly what the point of the essay is. Remember for the Narrative Essay the thesis should indicate the specific event or incident and exactly what was learned.
3. Body paragraphs (generally 3 or more)
4. A Conclusion
5. A Heading
6. A Header
7. Double spacing
8. A Title
This essay is worth 75pts.
Attach a Word document.
.
Atomic Theory Scientists and Their ContributionsScientist .docxjaggernaoma
Atomic Theory Scientists and Their Contributions
Scientist (date)
Contribution(s)
Empedocles
(492 BCE and 432 BCE)
All matter is composed of four elements: fire, air, water, and earth. The ratio of these four elements determines the properties of the matter
Democritus
(460 BCE - 370 BCE)
Matter can be cut into its constituent parts, these parts still possess all the properties of the original matter. He named this “atomos”.
.
Atomic models are useful because they allow us to picture what is in.docxjaggernaoma
Atomic models are useful because they allow us to picture what is inside of an atom, something we will never be able to actually see. We're going to talk about two models, the Bohr model and the Quantum model. While we know that the Quantum model is the correct way to represent atoms, the Bohr model is still useful for a very basic understanding. Think of it as a stick figure sketch of an atom. The parts are all there, its just not quite filled in all of the way.
Bohr Model
The Bohr model of the atom was developed in 1914 by Niels Bohr. In this model, electrons move around the nucleus in fixed, concentric circles. Picture the planets orbiting the Sun. These circles are called energy levels and electrons must have a specific amount of energy to be in each level. The energy levels closest to the nucleus require the least amount of energy. In order for an electron to move further from the nucleus (or move up an energy level) they must gain energy. If they lose energy they fall down to an energy level closer to the nucleus.
Drawing the Bohr model for an atom gives you valuable information about the atom's valence electrons. The
valence electrons
--
those in the outermost energy leve
l--are the ones that determine the chemical properties of an atom. In order to draw a Bohr model you must first use the periodic table to tell you the number of protons, neutrons, and electrons in an atom. For Bohr models we usually draw what the "average" atom for that element looks like and just round the average atomic mass to a whole number and use that for the mass number.
Steps for Drawing a Bohr Model:
1. Count the number of protons, electrons, and neutrons for that atom.
2. Draw the nucleus. Indicate the correct number of protons and neutrons in the nucleus.
3. Draw energy levels around the nucleus, starting with the energy level closest to the nucleus. Fill up each energy level before moving on to the next.
Each energy level in a Bohr model can only hold a specific number of electrons, as shown in the table below.
Energy Level
Max # of electrons
1
2
2
8
3
18
4
32
For example, here is a Bohr model for the average oxygen atom:
Here is one for phosphorus:
You try drawing one for Magnesium (Mg) and for Boron (B). Count the number of electrons on the outermost energy level to find the number of valence electrons. Check your answers by looking at the handout.
Quantum Model
In 1925 the Quantum model of the atom was developed after it was determined that electrons can behave like a wave and a particle at the same time. In addition, you can't know the precise location of an electron. Instead of traveling in orderly circles around the nucleus, we describe the electrons as existing in a three-dimensional
electron cloud
--a shape surrounding the nucleus. You will learn more about the Quantum model in chemistry.
These are some of the orbital shapes possible in the first two energy levels of an atom.
Draw a Bohr model for elements wi.
Atoms and Electrons AssignmentLook at these websites to he.docxjaggernaoma
Atoms and Electrons Assignment
Look at these websites to help you understand chemical bonding which depends on the atomic structure. The electrons in the orbitals will be crucial to figuring out how atoms bond.
Do not cut and paste from the internet or book. Do not copy from a book or internet. Paraphrase all answers in your own words. No quotes. You must do the assignment by yourself without help from other students, friends, significant others.
Jefferson Lab Question and Answers about Atoms
Make sure you click on the links to learn more about atoms and electrons
Atomic Structure
Make sure you look at all the links on the right side from Overview to Compound Names
Periodic Table1
You can click on the kind of table information you need on the left.
Periodic Table 2
Chemical Bonding Websites to help answer Questions 2 and 3:
Chemical Bonding 1
Chemical Bonding 2
SEE ASSIGNMENT RUBRIC AT END OF PAGES FOR HOW TO MAXIMIZE POINTS.
Atoms and Electrons
Name: ______________________
1. Fill in the table below using the periodic table. (2pts)
Element
Atomic Number
Atomic Mass
# of Valence Electrons
# of Electrons needed to fill the outer shell
Chlorine
Potassium
Magnesium
Fluorine
Sodium
Nitrogen
Oxygen
Carbon
Iodine
Hydrogen
2.
Name each element based on the number of electrons. Use the periodic chart to help you name the elements. The full name of the element is below the symbol.
Type the name into the box below each drawing. (2 pts)
1. ___________ 2. ______________ 3. ____________
4. _____________ 5. _____________ 6. _______________
(next page)
3. a. Name one ionic compound you can form from the above elements. (1 pt)
b. Describe specifically how you would form that ionic compound. (be detailed! I want to know that you know how an ionic bond is formed) (2 pts)
4. a. Name one covalent compound you could form from the above elements. You may need more than one of the elements to complete the compound. (1 pt)
b. Describe specifically how these elements would form. (be detailed! I want to know that you know how a covalent bond is formed) (2 pts)
Assignment Rubric
Teacher Name: Mrs. Russell
CATEGORY
10-9 pts
8-7 pts
6-5 pts
Less than 5 pts
Amount of Information
All questions are addressed.
Most questions are addressed.
Some questions are addressed.
Many questions were not answered.
Questions #3 b and #4 b
All answers are fully detailed with information required in the question. Most answers will have at least 3 or more sentences.
All answers are detailed with information required in the question. Most answers will have 2 sentences.
Answers do not have enough information required in the question. Most answers will 1 sentence.
No answer to the questions.
Quality of Information
Information clearly relates to the main topic. It includes several supporting details and/or examples.
Informat.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
This presentation was provided by Rebecca Benner, Ph.D., of the American Society of Anesthesiologists, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
A Visual Guide to 1 Samuel | A Tale of Two HeartsSteve Thomason
These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.pptHenry Hollis
The History of NZ 1870-1900.
Making of a Nation.
From the NZ Wars to Liberals,
Richard Seddon, George Grey,
Social Laboratory, New Zealand,
Confiscations, Kotahitanga, Kingitanga, Parliament, Suffrage, Repudiation, Economic Change, Agriculture, Gold Mining, Timber, Flax, Sheep, Dairying,
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...indexPub
The recent surge in pro-Palestine student activism has prompted significant responses from universities, ranging from negotiations and divestment commitments to increased transparency about investments in companies supporting the war on Gaza. This activism has led to the cessation of student encampments but also highlighted the substantial sacrifices made by students, including academic disruptions and personal risks. The primary drivers of these protests are poor university administration, lack of transparency, and inadequate communication between officials and students. This study examines the profound emotional, psychological, and professional impacts on students engaged in pro-Palestine protests, focusing on Generation Z's (Gen-Z) activism dynamics. This paper explores the significant sacrifices made by these students and even the professors supporting the pro-Palestine movement, with a focus on recent global movements. Through an in-depth analysis of printed and electronic media, the study examines the impacts of these sacrifices on the academic and personal lives of those involved. The paper highlights examples from various universities, demonstrating student activism's long-term and short-term effects, including disciplinary actions, social backlash, and career implications. The researchers also explore the broader implications of student sacrifices. The findings reveal that these sacrifices are driven by a profound commitment to justice and human rights, and are influenced by the increasing availability of information, peer interactions, and personal convictions. The study also discusses the broader implications of this activism, comparing it to historical precedents and assessing its potential to influence policy and public opinion. The emotional and psychological toll on student activists is significant, but their sense of purpose and community support mitigates some of these challenges. However, the researchers call for acknowledging the broader Impact of these sacrifices on the future global movement of FreePalestine.
How to Manage Reception Report in Odoo 17Celine George
A business may deal with both sales and purchases occasionally. They buy things from vendors and then sell them to their customers. Such dealings can be confusing at times. Because multiple clients may inquire about the same product at the same time, after purchasing those products, customers must be assigned to them. Odoo has a tool called Reception Report that can be used to complete this assignment. By enabling this, a reception report comes automatically after confirming a receipt, from which we can assign products to orders.
Insert Your Last Name, First InitialSPHE 314 Exercise Physiolog.docx
1. Insert Your Last Name, First Initial
SPHE 314: Exercise Physiology
1
Essay Submission Assignment #1
1. Discuss the relationship between distribution of muscle fiber
type and performance. How might exercise training modify or
change a person’s fiber-type distribution?
2. Describe the mechanisms by which muscle glycogen is
broken down to glucose for use in glycolysis.
3. Describe how a nerve impulse is transmitted along its axon.
4. What are two advantages of fat over carbohydrate for fuel
storage in the body?
5. Describe the primary structure of the heart and the primary
functions of blood.
Instructions
Chart of AccountsAsset AccountsLiability AccountsEquity
AccountsAcct #Acct #Acct #Cash101Notes Payable201Common
Stock301Baking Supplies102Accounts
Payable202Dividends302Prepaid Rent103Wages
Payable203Prepaid Insurance104Interest Payable 204Baking
Equipment105Misc. Supplies106Accounts Receivable107
Accumulated Depreciation108Merchandise Inventory
109Revenue AccountsThis chart of accounts should help you
identify the appropriate accounts to record to as you are
analyzing and journaling transactions for this workbook. There
is nothing to complete on this page; this is simply a resource for
you.Acct #Bakery Sales401Merchandise Sales402Expense
AccountsAcct #Baking Supplies Expense501Rent
3. Step 3 September JournalPeyton ApprovedGeneral Journal
Entries Sep-14DateAccountsDebitCredit
Inventory ValuationFIFOPurchasesDatePurchasesSalesEnding
InventoryDrCr9/7: 10 bottles purchased at $67-Sep10$ 6.00$
60.0010$ 6.00$ 60.007-SepMerchandise Inventory (10 x
$6)60.009/20: 20 bottles purchased at $6.10 Cash60.009/30: 25
bottles purchased at $6.0515-Sep8$ 6.00$ 48.002$ 6.00$
12.00Purchased inventorySales – selling price, $8.50 a
bottle9/15: 8 bottles20-Sep20$ 6.10$ 122.002$ 6.00$
12.0015-SepCash (8 x $8.50)68.009/24: 18 bottles20$ 6.10$
122.00 Merchandise Sales Revenue68.0022$ 134.00Record
sale of inventory24-Sep2$ 6.00$ 12.0015-SepCost of Goods
Sold (8 X $6)48.0016$ 6.10$ 97.604$ 6.10$ 24.40
Merchandise Inventory48.00$ 109.60Recorded the cost of
goods sold30-Sep25$ 6.05$ 151.254$ 6.10$ 24.4020-
SepMerchandise Inventory (20 x $6.10 )122.0025$ 6.05$
151.25 Cash122.0029$ 175.6555$ 333.2526$ 157.6029$
175.6524-SepCash (18 x 8.50)153.00 Merchandise Sales
Revenue153.00Record sale of inventory24-SepCost of Goods
Sold (2 x $6)+(16 x $6.10)109.60 Merchandise
Inventory109.60Recorded the cost of goods sold30-
SepMerchandise Inventory (25 x $6.05)151.25
Cash151.25LIFOPurchasesSalesEnding Inventory7-
SepMerchandise Inventory (10 x $6)60.007-Sep10$ 6.00$
60.0010$ 6.00$ 60.00 Cash60.00Purchased inventory15-
Sep8$ 6.00$ 48.002$ 6.00$ 12.0015-SepCash (8 x
$8.50)68.0020-Sep20$ 6.10$ 122.002$ 6.00$ 12.00
Merchandise Sales Revenue68.0020$ 6.10$ 122.00Record
sale of inventory22$ 134.0015-SepCost of Goods Sold (8 X
$6)48.0024-Sep18$ 6.10$ 109.802$ 6.00$ 12.00
Merchandise Inventory48.002$ 6.10$ 12.20Record inventory
reduction due to sale4$ 24.2020-SepMerchandise Inventory
(20 x $6.10)122.0030-Sep25$ 6.05$ 151.252$ 6.00$ 12.00
Cash122.002$ 6.10$ 12.2025$ 6.05$ 151.2524-SepCash
(18 x 8.50)153.0029$ 175.45 Merchandise Sales
Revenue153.0055$ 333.2526$ 157.8029$ 175.45Record sale
4. of inventory24-SepCost of Goods Sold (18 x $6.10)109.80
Merchandise Inventory109.80Record inventory reduction due to
sale30-SepMerchandise Inventory (25 x $6.05)151.25
Cash151.25weighted averagePurchasesSalesEnding Inventory7-
SepMerchandise Inventory (10 x $6)60.007-Sep10$ 6.00$
60.0010$ 6.00$60 Cash60.00Purchased inventory15-Sep8$
6.00$ 48.002$ 6.00$ 12.0015-SepCash (8 x $8.50)68.0020-
Sep20$ 6.10$ 122.002$ 6.00$ 12.00 Merchandise Sales
Revenue68.0020$ 6.10$ 122.00per unit Record sale of
inventory22$ 134.00$6.0915-SepCost of Goods Sold (8 X
$6)48.0024-Sep18$ 6.09$ 109.624$ 24.38 Merchandise
Inventory48.00Record inventory reduction due to sale30-Sep25$
6.05$ 151.254$ - 025$ 6.05$ 151.2520-SepMerchandise
Inventory (20 x $6.10)122.0055$ 333.2526157.6229$
151.25$5.22 Cash122.0024-SepCash (18 x 8.50)153.00
Merchandise Sales Revenue153.00Record sale of inventory24-
SepCost of Goods Sold (18 x $6.09)109.62 Merchandise
Inventory109.62Record inventory reduction due to sale30-
SepMerchandise Inventory (25 x $6.05)151.25 Cash151.25
Step 4 T accountsdateCashdatedateNotes PayabledateBusiness
License expCommon Stock1-Jul15,000.0015,0001-
Jul0015,000Accounts Rec.Insurance expenseCOMPLETION OF
STEPS 1- 4 DELIVERABLE:CONGRATULATIONS! YOU
ARE NOW READY TO SUBMIT YOURWORKBOOK TO
COMPLETE THE 3-3 CHECKPOINT
REQUIREMENT0015,000.00- 015,000.00Misc. expenseBaking
equipmentAdvertising expense000Baking suppliesMisc.
suppliesRent expense00- 0Prepaid rentPrepaid insuranceBakery
Sales00- 0Accounts payableSalary and wages expenseSalaries
and wages payable- 0Telephone expense-
00Dividendsdepreciation expenseacc dep- 0- 000baking supplies
expenseInterest expenseInterest payableadjadjadj000misc
supplies expenseCOGS LIF0COGS FIFOadj0Merchandise Sales
Revenue- 0- 0- 0COGS Weighted Avg.Merch. Inv. FIFOMerch.
Inv. LIFOMerch. Inv. Avg. - 0- 0- 0- 0
Steps 5 and 7 Trial BalancePeyton ApprovedTrial
5. Balance2014Unadjusted trial balanceAdjusting entriesAdjusted
trial
balanceAccountDebitCreditDebitCreditDebitCreditCashBaking
SuppliesMerchandise Inventory Prepaid RentPrepaid
InsuranceBaking EquipmentMisc. SuppliesAccounts
ReceivableNotes PayableAccounts PayableWages
PayableCommon StockDividendsBakery SalesMerchandise
SalesBaking Supplies ExpenseRent ExpenseInsurance
ExpenseCOMPLETION OF STEPS 5-7 DELIVERABLE:Misc.
ExpenseCONGRATULATIONS! YOU ARE NOW READY TO
SUBMIT YOURBusiness License ExpenseWORKBOOK TO
COMPLETE THE 4-3 CHECKPOINT
REQUIREMENTAdvertising ExpenseWages ExpenseTelephone
ExpenseCOGS Depreciation Expense208.33208.33Accumulated
Depreciation208.33208.33Misc Supplies Expense*Interest
Expense*Interest Payable*- 0- 0208.33208.33208.33208.33-
0*These accounts will not be utilized before the adjusting
process. They should have zero balance in the unadjusted trial
balance.
Step 6 Adjusting EntriesPeyton ApprovedAdjusting Journal
Entries 2014DateAccountsDebitCredit30-SepDepreciation
Expense208.33 accumulated depreciation208.33
Step 8 Income StatementPeyton ApprovedIncome StatementFor
Qtr. Ending 9/30/2014
Step 8 Statement of Retained EaPeyton ApprovedStatement of
Retained EarningsFor Qtr. Ending 9/30/2014
Step 8 Balance SheetPeyton ApprovedBalance SheetAs of
September 30, 2014AssetsLiabilities and Owners' Equity
Step 9 Closing EntriesPeyton ApprovedClosing Entries
9/30/14DateAccountsDebitCredit
Step 10 Post Closing Trial BalaPeyton ApprovedPost Closing
Trial Balance9/30/14Unadjusted Trial
BalanceAccountDebitCredit
Step 11 Reversing EntriesPeyton ApprovedReversing Entries
9/30/14DateAccountsDebitCreditCOMPLETION OF STEPS 8-
11 DELIVERABLE:CONGRATULATIONS! YOU ARE NOW
6. READY TO SUBMIT YOURCOMPLETED WORKBOOK
(STEPS 1 - 11)TO COMPLETE THE 6-2 CHECKPOINT
REQUIREMENTACC 201 Final Project Peyton Approved
Instructions
For this deliverable, you will complete the accounting cycle and
prepare financial statements that will provide the result you
need to assess the success of business operations.
Below you will find the data required to make entries in your
accounting workbook. Remember that you are following the
business transactions for a three-month period from the initial
stage of analysis and recording, through the reporting process.
These transactions will include:
· the initial setup of the business
· cash and credit sales
· making payments to vendors
· paying store employees
· managing debt
It will help you to print this document as you are making your
entries in your workbook. Your textbook prepares you and can
be used as a reference to assist you in completing this
assignment. You should begin this project in Module Two.
ACC 201 Final Project Peyton Approved Instructions
For this deliverable, you will complete the accounting cycle and
prepare financial statements that will provide the result you
need to assess the success of business operations.
Below you will find the data required to make entries in your
accounting work book. Remember that you are following the
business transactions for a three-month period from the initial
stage of analysis and
recording, through the reporting process. These transactions
7. will include:
It will help you to print this document as you are making your
entries in your workbook. Your textbook prepare s you and can
be used as a reference to assist you in completing this
assignment. You should begin
this project in Module Two.
Step 1:
Complete the following in the “July Journal Entries” tab in your
workbook (be sure to look for the July Journal Entries tab at the
bottom of the Peyton Approved Student Workbook).
The following events occur in July 2014:
July 1 – You take $15,000 from your personal savings account
and buy common stock in Peyton
Approved.
July 1-Purchase $8500 in baking supplies from vendor, on
account
July 3 – Your parents lend the company $10,000 cash, in
exchange for a two-year, 6% note payable. Interest and the
principal are repayable at maturity.
July 7 – Pay $3000 toward lease agreement for bakery space.
The agreement is for 1 year. The rent is $1,500 per month, last
month’s rent was required at time of lease agreement. Lease
period is effective July 1st 2014 through June 30th, 2015.
8. July 10 – Pay $375 to the county for a business license.
July 11 – Purchase a cash register for $250 (deemed to be not
material enough to qualify as depreciable equipment—use misc.
exp.).
July 13 – You have baking equipment, including an oven and
mixer, which you have been using for your home-based business
and will now start using in the bakery. You estimate that the
equipment is currently worth $5,000, and you transfer the
equipment into the business in exchange for additional common
stock. The equipment has a 5-year useful life.
July 13 – Pay $200 for business cards/flyers/posters/ads to use
for advertising.
July 14 – Pay $300 for miscellaneous (use misc. supplies).
July 15 – Hire part-time helper to be paid $12 per hour. Pay
periods are the 1st through the 15th and 16th through the end of
the month with paydays being the 20th for the first pay period
and the 5th of the following month for the second pay period.
(No entry required on this date; for informational purposes
only)
July 30- Received telephone bill for July in amount of $45.
Payment is due on August 10th
July 31 – Pay $1,200 for a 12-month insurance policy. Policy
effective dates August 1, 2014 through July 31st, 2015
July 31- Accrue wages earned for employee for period of 16th
through 31st of July
(Wage calculations table is provided for you, below)
Total July bakery sales were $15,000. $5000 of these sales on
9. accounts receivable
Step 1:
Complete the following in the “July Journal Entries” tab in
your workbook (be sure to look for the July
Journal Entries tab at the bottom of the Peyton Approved
Student Workbook).
The following events occur in July 2014:
July 1 – You take $15,000 from your personal savings account
and buy common stock in Peyton
Approved.
July 1-Purchase $8500 in baking supplies from vendor, on
account
July 3 – Your parents lend the company $10,000 cash, in
exchange for a two-year, 6% note
payable. Interest and the principal are repayable at maturity.
July 7 – Pay $3000 toward lease agreement for bakery space.
The agreement is for 1 year . The
rent is $1,500 per month, last month’s rent was required at time
of lease agreeme nt. Lease
period is effective July 1
st
2014 through June 30
th
, 2015.
July 10 – Pay $375 to the county for a business license.
July 11 – Purchase a cash register for $250 (deemed to be not
material enough to qualify as
depreciable equipment—use misc. exp.).
10. July 13 – You have baking equipment, including an oven and
mixer , which you have been using
for your home-based business and will now start using in the
bakery. You estimate that the
equipment is currently worth $5,000, and you transfer the
equipment into the business in
exchange for additional common stock. The equipment has a 5 -
year useful life.
July 13 – Pay $200 for business cards/flyers/posters/ads to use
for advertising.
July 14 – Pay $300 for miscellaneous (use misc. supplies).
July 15 – Hire part-time helper to be paid $12 per hour. Pay
periods are the 1
st
through the 15
th
and 16
th
through the end of the month with paydays being the 20
th
for the first pay period and
the 5
th
of the following month for the second pay period. (No entry
required on this date; for
informational purposes only )
July 30- Received telephone bill for July in amount of $45.
Payment is due on August 10
th
11. July 31 – Pay $1,200 for a 12-month insurance policy. Policy
effective dates August 1, 2014
through July 31
st
, 2015
July 31- Accrue wages earned for employee for period of 16
th
through 31st of July
(Wage calculations table is provided for you, below)
Total July bakery sales were $15,000. $5000 of these sales on
accounts receivable
Wage calculation data:
Month
Hours
Rate
Pay
31-Jul
10
12
120
15-Aug
40
12
480
31-Aug
35
12
420
15-Sep
38
12
456
30-Sep
40
12. 12
480
Wage calculation data:
Month Hours Rate Pay
31-Jul 10 12 120
15-Aug 40 12 480
31-Aug 35 12 420
15-Sep 38 12 456
30-Sep 40 12 480
Step 2:
Complete the following transactions in the August Journal
Entries tab in your workbook
August 5- paid employee for period ending 7/31
August 8-Receive payments from customers towards accounts
receivable in amount of $3200.
August 10 – paid July telephone bill
August 15- Purchase additional baking supplies in amount of
$5000 from vendor, on account.
August 15 – Accrue wages earned for employee from period of
1st through 15th of August
(Wage calculations table provided below)
August 15-Pay rent on bakery space $1500
August 18-Receive payments from customers towards accounts
receivable in amount of $1000
August 20- paid $8500 toward baking supplies vendor payable
13. August 20- pay employee for period ending 8/15
August 22- $300 in misc. supplies purchased
August 31- received telephone bill for August in amount of $45.
Payment is due on September 10th.
August 31- Accrue wages earned for employee for period of
August 16th through August 31st
(Wage calculations table provided below)
August bakery sales total $20,000. $7,500 of this total on
accounts receivable.
Step 2:
Complete the following transactions in the August Journal
Entries tab in your workbook
August 5-
paid employee for period ending 7/31
August 8-Receive payments from customers towards accounts
receivable in amount of $3200.
August 10 – paid July telephone bill
August 15- Purchase additional baking supplies in amount of
$5000 from vendor, on account.
August 15 – Accrue wages earned for employee from period of
1
st
through 15
th
of August
14. (Wage calculations table provided below )
August 15-Pay rent on bakery space $1500
August 18-Receive payments from customers towards accounts
receivable in amount of $1000
August 20- paid $8500 toward baking supplies vendor payable
August 20- pay employee for period ending 8/15
August 22- $300 in misc. supplies purchased
August 31- received telephone bill for August in amount of $45.
Payment is due on September
10
th
.
August 31- Accrue wages earned for employee for period of
August 16
th
through August 31
st
(Wage calculations table provided below)
August bakery sales total $20,000. $7,500 of this total on
accounts receivable.
Step 3:
Many customers have been asking for more hypo-allergenic
products, so in September you start carrying a line of hypo-
allergenic shampoos on a trial basis. The following information
relates to the purchase and sales of the shampoo:
15. You use the perpetual inventory method. You are uncertain as to
which valuation method to use—FIFO, LIFO, or weighted
average, so you calculate inventory using all three and then
decide which one you would like to choose.
Please see the Inventory Valuation tab in your workbook, to
review application of costs using the FIFO, LIFO, and average
methods based on purchase and sales information. You will
choose the method you feel most appropriate, and bring the
journal entries from the inventory valuation page into your
journal for the month of September, to ensure the impact of
merchandising is reflected in your reporting.
Step 3:
Many customers have been asking for more hypo -allergenic
products, so in September you start
carrying a line of hypo-allergenic shampoos on a trial basis. The
following information relates to the
purchase and sales of the shampoo:
You use the perpetual inventory method. You are uncertain as to
which valuation method to use —FIFO,
LIFO, or weighted average, so you calculate inventory using all
three and then decide which one you
would like to choose.
Please see the Inventory Valuation tab in you r workbook, to
review application of costs using
the FIFO, LIFO, and average methods based on purchase and
sales information. You will choose
the method you feel most appropriate, and bring the journal
entries from the inventory
valuation page into your journal for the month of September, to
ensure the impact of
merchandising is reflected in your reporting.
Complete the following transactions in the September Journal
Entries tab in your workbook.
September 1- paid dividends to self in amount of $3000
16. September 5-pay employee for period ending 8/31
September 7-Purchase merchandise for resale. See inventory
valuation tab for details.
September 8- Receive payments from customers toward
accounts receivable in amount of
$4000
September 10- pay August telephone bill
September 11-purchase baking supplies in amount of $ 7,000
from vendor on account.
September 13- Paid on supplies vendor account in amount of
$5000
September 15- Accrue employee wages for period of September
1st through September 15th
September 15- Pay rent on bakery space $1500
September 15-Record merchandise sales transaction. See
inventory valuation tab for details.
September 15-Record impact of sales transaction on COGS and
the inventory asset.
See inventory valuation tab for details.
September 20- Pay employee for period ending 9/15
September 20-Purchase merchandise inventory for resale to
customers.
See inventory valuation tab for details.
17. September 24- Record sales of merchandise to customers.
See inventory valuation tab for details.
September 24- Record impact of sales transaction on COGS and
the inventory asset.
See inventory valuation tab for details.
September 30- Purchase merchandise inventory for resale to
customers.
See inventory valuation tab for details.
September 30-Accrue employee wages for period of September
16th through September 30th
Total September bakery sales $25,000. $6,000 of these sales on
accounts receivable.
Complete the following transactions in the September Journal
Entries tab in your workbook.
September 1- paid dividends to self in amount of $3000
September 5-pay employee for period ending 8/31
September 7-Purchase merchandise for resale. See inventory
valuation tab for details.
September 8- Receive payments from customers toward
accounts receivable in amount of
$4000
September 10- pay August telephone bill
September 11-purchase baking supplies in amount of $ 7,000
from vendor on account.
September 13- Paid on supplies vendor account in amount of
$5000
18. September 15- Accrue employee wages for period of September
1
st
through September 15
th
September 15- Pay rent on bakery space $1500
September 15-Record merchandise sales transaction. See
inventory valuation tab for details.
September 15-Record impact of sales transaction on COGS and
the inventory asset.
See inventory valuation tab for details.
September 20- Pay employee for period endin g 9/15
September 20-Purchase merchandise inventory for resale to
customers.
See inventory valuation tab for details.
September 24- Record sales of merchandise to customers.
See inventory valuation tab for details.
September 24- Record impact of sales transaction on COGS and
the inventory asset.
See inventory valuation tab for details.
September 30- Purchase merchandise inventory for resale to
customers.
See inventory valuation tab for details.
September 30-Accrue employee wages for period of September
16
th
through September 30
19. th
Total September bakery sales $25,000. $6,000 of these sales on
a ccounts receivable.
Step 4: Post entries to t accounts.
Use the t accounts page in your workbook to post all journal
entries to the appropriate ledger account and calculate account
balances as of September 30th.
Step 4: Post entries to t accounts.
Use the t accounts page in your workbook to post all journal
entries to the appropriate ledger account
and calculate account balances as of September 30
th
.
Step 5: Prepare the Unadjusted Trial Balance
Use the t account balances completed in the previous step to
prepare the unadjusted trial balance portion of the Trial Balance
tab in your workbook.
Step 6:
You will use the “Adjusting Entries” tab in your workbook to
complete the following entries. See sample for Depreciation of
Baking Equipment.
On September 30, the following adjustments must be made:
· Depreciation of baking equipment transferred to company on
7/13. Assume ½ month of depreciation in July using the
straight-line method.
· Accrue interest for note payable (Assume a full month of
interest for July).
· Record insurance used for the year.
20. · Actual baking supplies on-hand as of September 30th is
$1100.
· Misc. supplies on-hand as of September 30th is $50.
Step 7:
Apply adjusting entries to the trial balance to create the
adjusted trial balance.
Adjusting entries from Step 6 will apply to affected accounts in
the unadjusted trial balance to arrive at the adjusted trial
balance.
Step 5: Prepare the Unadjusted Trial Balance
Use the t account balances completed in the previous step to
prepare the unadjusted trial balance
portion of the Trial Balance tab in your workbook.
Step 6:
You will use the “Adjusting Entries” tab in your workbook to
complete the following entries. See
sample for Depreciation of Baking Equipment.
On September 30, the following adjustments must be made:
7/13. Assume ½ month of
depreciation in July using the straight-line method.
interest for July).
-hand as of September 30
th
is $1100.
s on-hand as of September 30th is $50.
Step 7:
21. Apply adjusting entries to the trial balance to create the
adjusted trial balance.
Adjusting entries from Step 6 will apply to affected accounts in
the unadjusted trial balance to arrive at
the adjusted trial balance.
Step 6:
You will use the “Adjusting Entries” tab in your workbook to
complete the following entries. See sample for Depreciation of
Baking Equipment. Take the adjusting entries from this
worksheet and enter them into the trial balance on the Steps 5
and 7 Trial Balance tab.
On September 30, the following adjustments must be made:
· Depreciation of baking equipment transferred to company on
7/13. Assume ½ month of depreciation in July using the
straight-line method.
· Accrue interest for note payable. Assume a full month of
interest for July. (6% annual interest on $10,000 loan from
parents.
· Record insurance used for the year.
· Actual baking supplies on-hand as of September 30th is
$1100.
· Misc. supplies on-hand as of September 30th is $50.
Step 6:
You will use the “Adjusting Entries” tab in your workbook to
complete the following entries. See
sample for Depreciation of Baking Equipment. Take the
adjusting entries from this works heet and
enter them into the trial balance on the Steps 5 and 7 Trial
Balance tab.
On September 30, the following adjustments must be made:
22. 7/13. Assume ½ month of
depreciation in July using the straight -line method.
erest for note payable. Assume a full month of
interest for July . (6% annual interest on
$10,000 loan from parents.
-hand as of September 30
th
is $1100.
-hand as of September 30th is $50.
Step 8:
Prepare the financial statements
Use your adjusted trial balance to prepare the income statement,
statement of owner’s equity, and balance sheet. You must
complete these statements in this order, as there are
interdependencies among them.
Step 8:
Prepare the financial statements
Use your adjusted trial balance to prepare the income statement,
statement of owner’s equity, and
balance sheet. You must complete these statements in this order,
as there are interdependencies
among them.
Step 8:
Prepare the financial statements
Use your adjusted trial balance to prepare the income statement,
statement of owner’s equity, and balance sheet. You must
complete these statements in this order, as there are
interdependencies among them.
Step 8:
Prepare the financial statements
Use your adjusted trial balance to prepare the income statement,
23. statement of owner’s equity, and balance sheet. You must
complete these statements in this order, as there are
interdependencies among them.
Step 9:
You will use the “Closing Entries” tab in your workbook to do
the following:
Close all temporary income statement accounts and create
closing entries.
Step 9:
You will use the “Closing Entries” tab in your workbook to do
the following:
Close all temporary income statement accounts and create
closing entries.
Step 10
You will use the Post Closing Trial Balance tab in your
workbook to do the following:
Prepare the post-closing trial balance for the next accounting
period.
Step 10
You will use the Post Closing Trial Balance tab in your
workbook to do the following:
Prepare the post-closing trial balance for the next accounting
period.
Step 11”
You will use the “Reversing Entries” tab in your workbook to
do the following:
Prepare reversing entries.
Step 11”
You will use the “Reversing Entries” tab in your workbook to
do the following:
Prepare reversing entries.