Lesson 5 3
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This document discusses how to record dishonored checks, electronic fund transfers, and debit card transactions in accounting. It provides steps for recording a dishonored check on a check stub, journalizing a dishonored check, journalizing an electronic funds transfer, and journalizing a debit card transaction. Key terms covered include dishonored check, electronic funds transfer, and debit card.
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The document discusses how to record dishonored checks, electronic funds transfers, and debit card transactions in accounting records. It provides steps for recording a dishonored check on a check stub, journalizing a dishonored check, journalizing an electronic funds transfer, and journalizing a debit card transaction. For each transaction type, it lists to write the date, account titles and amounts debited and credited, and source document number.
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The document discusses how to record dishonored checks, electronic funds transfers, and debit card transactions in accounting records. It provides steps for recording a dishonored check on a check stub, journalizing a dishonored check, journalizing an electronic funds transfer, and journalizing a debit card transaction. For each transaction type, it lists to write the date, account titles and amounts debited and credited, and source document number.
Pay day loan file 2017 06-07
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There are 35 multiple choice questions worth 1 point each and one short essay question worth 5 points. As usual, BL refers to Benson and Loftesness and ES to Evans and Schmalensee.
Multiple choice questions (1 point each)
1. ____ is money that is not convertible into anything else. According to Kohn, it is accepted as payment mainly because ____. (Kohn, p. 201)
A. bank dollars; people believe that others will accept it as payment
B. bank dollars; the government orders that it be accepted for all payments
C. fiat money or definitive money; people believe that others will accept it as payment
D. fiat money or definitive money; the government orders that it be accepted for all payments
2. Kohn argues that governments have ____ ability to create the type of money in the previous question and that this has been a main cause of ___around the world. (Kohn, pp. 201-202)
A. limited recessions
B. limited; inflation
C. unrestricted; recessions D. unrestricted; inflation
3. According to ES, the first metallic money consisted of ____ coins produced by the Lydians in the 7th century B.C. These coins had the advantage over previous commodity monies of being more ____. (ES, pp. 26-27)
A. copper; easily exchanged, stored, and counted
B. copper; difficult to steal
C. gold and silver; easily exchanged, stored, and counted D. gold and silver; difficult to steal
4. Governments that issued metallic coins earned a profit called _____ that consisted of the difference between the value of the coin in exchange and the value of the metallic content. This profit tempted governments to ____ the coins. (ES, p. 27)
A. seigniorage; debase
B. float; delay payments of
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5. According to BL, the only way cash can get into the economy is through _____. (BL, p. 110) A. the Treasury using cash to make payments to the public
1
FIN 5567/369 Keeton Spring 2015
B. banks and other depository institutions ordering cash from the Fed
C. the public going to the Federal Reserve to request currency
D. banks and other depository institutions ordering cash from the Treasury
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1. Taxes and private debts.
2. Purchases of goods and services without regard to size of purchase. 3. Purchases of goods and services below a specified dollar amount.
A. 1 only
B. 1 and 2
C. 3 only
D. 1, 2, and 3
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A. Federal Reserve; nothing in return
B. Federal Reserve, a credit to its reserve account at the Fed C. Treasury; nothing in return
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This document discusses how to record sales returns and allowances in a general journal. It provides an example journal entry for a $58.50 merchandise return plus $3.51 in sales tax on March 11th, with a total credit of $62.01 issued under credit memorandum number 41. Accounts receivable is credited for the total amount. The steps for recording the journal entry are outlined. Key terms like sales return, sales allowance, and credit memorandum are also defined.
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There are 35 multiple choice questions worth 1 point each and one short essay question worth 5 points. As usual, BL refers to Benson and Loftesness and ES to Evans and Schmalensee.
Multiple choice questions (1 point each)
1. ____ is money that is not convertible into anything else. According to Kohn, it is accepted as payment mainly because ____. (Kohn, p. 201)
A. bank dollars; people believe that others will accept it as payment
B. bank dollars; the government orders that it be accepted for all payments
C. fiat money or definitive money; people believe that others will accept it as payment
D. fiat money or definitive money; the government orders that it be accepted for all payments
2. Kohn argues that governments have ____ ability to create the type of money in the previous question and that this has been a main cause of ___around the world. (Kohn, pp. 201-202)
A. limited recessions
B. limited; inflation
C. unrestricted; recessions D. unrestricted; inflation
3. According to ES, the first metallic money consisted of ____ coins produced by the Lydians in the 7th century B.C. These coins had the advantage over previous commodity monies of being more ____. (ES, pp. 26-27)
A. copper; easily exchanged, stored, and counted
B. copper; difficult to steal
C. gold and silver; easily exchanged, stored, and counted D. gold and silver; difficult to steal
4. Governments that issued metallic coins earned a profit called _____ that consisted of the difference between the value of the coin in exchange and the value of the metallic content. This profit tempted governments to ____ the coins. (ES, p. 27)
A. seigniorage; debase
B. float; delay payments of
C. seigniorage; increase the metallic content of D. interchange; hoard
5. According to BL, the only way cash can get into the economy is through _____. (BL, p. 110) A. the Treasury using cash to make payments to the public
1
FIN 5567/369 Keeton Spring 2015
B. banks and other depository institutions ordering cash from the Fed
C. the public going to the Federal Reserve to request currency
D. banks and other depository institutions ordering cash from the Treasury
6. Legal tender laws require that cash be accepted for which of the following payments? (BL, p. 110, Kohn, p. 201)
1. Taxes and private debts.
2. Purchases of goods and services without regard to size of purchase. 3. Purchases of goods and services below a specified dollar amount.
A. 1 only
B. 1 and 2
C. 3 only
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7. When a bank receives worn or damaged currency, it typically returns the currency to the ____ and receives ____. (BL, p. 111)
A. Federal Reserve; nothing in return
B. Federal Reserve, a credit to its reserve account at the Fed C. Treasury; nothing in return
D. Treasury, a reduction in its federal tax liability
8. When a consumer withdraws cash from one of the bank’s own ATM machines, she typically pays to her bank ____. (BL, p. 111)
A. no fee, tho ...
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3) The balance sheet for a partnership, which includes owners' equity as a section showing the partners' capital accounts.
Lesson 23 1
The document provides examples of accounting entries for initial investments, withdrawals of cash, and withdrawals of merchandise from a partnership. It gives the steps to record an initial investment of cash and office equipment from one partner, and cash from another partner. It also shows how to record a partner's withdrawal of cash for personal use with a check, and the withdrawal of merchandise for personal use with a memorandum. Finally, it defines some key terms related to partnerships.
Lesson 23 3
This document discusses the process of dissolving a partnership. It explains how to calculate and record gains or losses on the realization of assets when they are sold. It also covers liquidating partnership liabilities by paying off creditors and distributing any remaining cash balances to partners based on their fixed ownership percentages. Key terms reviewed include liquidation of a partnership, realization, and limited liability partnership.
Lesson 22 4
This document discusses the accounting cycle for a corporation, including adjusting, closing, and reversing entries. It explains how to close accounts with credit or debit balances, record net income, dividends, and reversing entries. The accounting cycle steps are outlined as: 1) recording transactions, 2) posting to journals and ledgers, 3) preparing a work sheet and financial statements, 4) making adjusting and closing entries, 5) preparing a post-closing trial balance, and 6) making reversing entries.
Lesson 22 2
The document discusses how to prepare an income statement and analyze its components. It provides an example of calculating the cost of merchandise sold percentage by dividing the cost of merchandise sold by net sales. Preparing and analyzing income statements is important for understanding a company's profitability.
Lesson 22 1
The document discusses how to prepare a work sheet for a corporation. It outlines the necessary adjusting entries for interest income, supplies, and federal income taxes. It also provides steps for completing the work sheet, which include totaling columns, calculating net income after taxes, extending the net income amount, calculating column totals, and drawing double lines.
Lesson 21 2
The document discusses accrued expenses and interest. It provides examples of journal entries to record accrued interest expense, including debiting interest expense and crediting interest payable. It also demonstrates how to post adjusting entries for accrued interest expense. Additionally, it shows how to record a reversing entry to undo an accrual, and entries to pay a note payable including previously accrued interest. Key terms reviewed are accrued expenses and accrued interest expense.
Lesson 21 1
The document discusses accrued revenue and provides examples of accounting entries related to accrued interest income. It explains how to record adjusting entries to recognize accrued interest income earned during an accounting period but not yet received. It also demonstrates how to reverse the accrued interest income entry at the start of the next period and how to record collecting a note receivable that included accrued interest from a previous period. Key terms reviewed include accrued revenue, intellectual property, accrued interest income, and reversing entry.
Lesson 22 3
The document discusses how to prepare a statement of stockholders' equity and a balance sheet. It explains that a statement of stockholders' equity includes sections for capital stock and retained earnings. It also outlines how to calculate working capital and current ratio from information on a balance sheet. Key terms reviewed include long-term liabilities, working capital, and current ratio.
Lesson 20 2
The document provides examples of accounting entries for notes payable. It describes signing a 90-day, 6% note for $20,000 and the journal entries to record it. It then discusses paying the principal and interest of $20,300 for the note at maturity. Another example shows signing a 90-day, 12% note for $4,000 to extend an accounts payable and the entries to record it. Finally, it discusses paying $4,120 for the principal and interest of that note at maturity.
Lesson 20 1
1) A promissory note is a written promise by a maker to pay a sum of money to a payee.
2) A promissory note specifies the principal, interest rate, and maturity date. Interest is calculated on the principal based on the interest rate and time.
3) At maturity, the maker must pay the payee the principal plus any accumulated interest.
Lesson 19 3
This document discusses methods for estimating inventory levels. It introduces the gross profit method, which estimates inventory by working backwards from actual gross profit to calculate an estimated cost of goods sold and ending inventory. It continues explaining the gross profit method over multiple slides. The final slide provides a term review that reinforces the gross profit method of estimating inventory levels.
Lesson 19 1
The document provides instructions for taking a physical inventory count and updating inventory records. It explains that an inventory record should be used to record the stock number, count, unit price, and total cost for each item during a physical inventory. It also notes that a stock record is used to track purchase information, sales information, and the new balance on hand for each item. Finally, it defines key terms related to inventory such as periodic inventory, perpetual inventory, inventory record, stock record, and stock ledger.
Lesson 19 2
The document discusses different inventory costing methods including first-in, first-out (FIFO), last-in, first-out (LIFO), and weighted average. It provides examples of how to calculate the cost of inventory and cost of goods sold using each method. Specifically, it shows how to determine the cost of ending inventory and cost of goods sold given total units on hand and unit purchase prices over different periods. The document also defines key terms related to inventory costing methods.
Lesson 18 4
The document discusses different methods for disposing of plant assets in accounting. It provides examples of recording the sale of a plant asset for its book value, recording a partial year's depreciation expense before selling an asset, selling an asset for more than its book value resulting in a gain, and selling an asset for less than its book value resulting in a loss. The key steps outlined are removing the original cost of the asset, recording any gains or losses on the sale, recording the cash received, and updating the plant asset record.
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South Dakota State University degree offer diploma Transcript
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Fabular Frames and the Four Ratio Problem
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
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一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
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留信网认证的作用:
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3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
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留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
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真实可查(nwu毕业证书)美国西北大学毕业证学位证书范本原版一模一样
原版定制【微信:bwp0011】《(nwu毕业证书)美国西北大学毕业证学位证书》【微信:bwp0011】成绩单 、雅思、外壳、留信学历认证永久存档查询，采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信bwp0011】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信bwp0011】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
【关于价格问题（保证一手价格）】
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
1比1复刻(ksu毕业证书)美国堪萨斯州立大学毕业证本科文凭证书原版一模一样
原版定制【微信:bwp0011】《(ksu毕业证书)美国堪萨斯州立大学毕业证本科文凭证书》【微信:bwp0011】成绩单 、雅思、外壳、留信学历认证永久存档查询，采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信bwp0011】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信bwp0011】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
【关于价格问题（保证一手价格）】
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
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Lesson 5 3
- 1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-3LESSON 5-3 Dishonored Checks and Electronic Banking
- 2. 2 LESSON 5-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning RECORDING A DISHONORED CHECK ONRECORDING A DISHONORED CHECK ON A CHECK STUBA CHECK STUB 1. Write Dishonored check $105.00 on the line under the heading “Other.” page 129 11 22 33 2. Write the total of the dishonored check in the amount column. 3. Calculate and record the new subtotal on the Subtotal line.
- 3. 3 LESSON 5-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning JOURNALIZING A DISHONORED CHECKJOURNALIZING A DISHONORED CHECK 1. Date. Write the date. page 130 11 33 44 November 29. Received notice from the bank of a dishonored check from Campus Internet Café, $70.00, plus $35.00 fee; total, $105.00. Memorandum No. 55. 2. Debit. Write the title of the account to be debited. 3. Credit. Write the amount credited. 4. Source document. Write the source document number. 22
- 4. 4 LESSON 5-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning JOURNALIZING AN ELECTRONIC FUNDSJOURNALIZING AN ELECTRONIC FUNDS TRANSFERTRANSFER 1. Date. Write the date. page 131 September 2. Paid cash on account to Kelson Enterprises, $350.00, using EFT. Memorandum No. 10. 11 33 44 22 2. Debit. Write the title of the account to be debited. Record the amount debited. 3. Credit. Record the amount credited. 4. Source document. Write the source document number.
- 5. 5 LESSON 5-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning JOURNALIZING A DEBIT CARDJOURNALIZING A DEBIT CARD TRANSACTIONTRANSACTION 1. Date. Write the date. page 132 September 5. Purchased supplies, $24.00, using debit card. Memorandum No. 12. 11 33 44 22 2. Debit. Write the title of the account to be debited. Record the amount debited. 3. Credit. Record the amount credited. 4. Source document. Write the source document number.
- 6. 6 LESSON 5-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning TERMS REVIEWTERMS REVIEW dishonored check electronic funds transfer debit card page 133
- 7. 6 LESSON 5-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning TERMS REVIEWTERMS REVIEW dishonored check electronic funds transfer debit card page 133