1) The document contains accounting journal entries, ledger accounts, trial balance, income statement, retained earnings statement, and balance sheet for Sole Horizons programming company.
2) It records transactions from January 1st to December 31st and prepares the annual financial statements for the company.
3) The income statement shows net income of $12,385, the retained earnings statement shows an ending balance of $12,385, and the balance sheet shows total assets of $169,885 equal to total liabilities and equity.
How Do you Differentiate in Financial Accounting and Management Accounting?www.assignmentdesk.co.uk
Financial and management accounting is done by undertaking various measures. In this document we have explained about various financial and management accounting parameters by which they both can be differentiated.
https://www.assignmentdesk.co.uk/finance-assignment-help
How Do you Differentiate in Financial Accounting and Management Accounting?www.assignmentdesk.co.uk
Financial and management accounting is done by undertaking various measures. In this document we have explained about various financial and management accounting parameters by which they both can be differentiated.
https://www.assignmentdesk.co.uk/finance-assignment-help
Solution manual for Financial Accounting 4th Edition by Kemp and Waybrightremorter
link full download: https://www.testbankfire.com/download/solution-manual-for-financial-accounting-4th-edition-by-kemp-and-waybright/
Language: English
ISBN-10: 0134125053
ISBN-13: 978-0134125053
ISBN-13: 9780134125053
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
Graph algorithms, like PageRank Compressed Sparse Row (CSR) is an adjacency-list based graph representation that is
Multiply with different modes (map)
1. Performance of sequential execution based vs OpenMP based vector multiply.
2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
1. Performance of vector element sum using float vs bfloat16 as the storage type.
Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
2. Performance of memcpy vs in-place based CUDA based vector element sum.
3. Comparing various launch configs for CUDA based vector element sum (memcpy).
4. Comparing various launch configs for CUDA based vector element sum (in-place).
Sum with in-place strategies of CUDA mode (reduce)
1. Comparing various launch configs for CUDA based vector element sum (in-place).
2. Luminus Education – Quality Assurance Department
Page 2 of 15 (Form approved by Pearson – November 2017)
16 CASH 6000-
Prepaid
insurance6000+
GeneralJournal
Date Account Title Debit Credit
1 st
1
DR CASH
CR CAPITAL 150,000 150,000
2 2nd DR equipment
CR CASH
30,000
30,000
3 4th DR supplies
CR A/P
3,500 3,500
4 6th DR Cash.
CR services
revenue
5,000 5,000
5 9th DR Cash DR AR
CRservices
revenue
7,0003,000 10,000
6 10th DR PUR [INV
CR A/P
15,000
15,000
7 11th DR A/P
CR PUR
RETARN
2,250 2,250
3. Luminus Education – Quality Assurance Department
Page 3 of 15 (Form approved by Pearson – November 2017)
8 22th
DR A/P
CR CASH
CR
PURCHASE
discount
12,750 11,475
1,275
9 20th
DR A/R
CR SAELS
REVNU
10,000
10,000
10 22st DR S.RET
CR A/R
1,000 1,000
11 27th DR CASH
DR Sales
discount .
CR A/R
8460
540 9,000
12 28th DR DRAWEINGCR
CASH
2,000
2,000
13 29th NO effect NO effect NO effect
14 31th DR CASH
CR Unearned
Revenue
6,000
6,000
15 31th DR RENT EXR
DRSALARES EXP
DR Utilities EXP
CRCASH
950
2,800
1,250
5,000
16 31th DR Prepaid
insuranceCR
CASH
6,000
6,000
Ledger book
4. Luminus Education – Quality Assurance Department
Page 4 of 15 (Form approved by Pearson – November 2017)
Cash
Dr. Cr
150,000 30,000
5,000 11250
7,000 2,000
8400 5000
6000 6000
121,985balance
Capital
Dr. Cr.
150,000
150,000BALANC
Equipment
Dr. Cr.
30,000
30,000BALANC
Supplies
Dr. Cr.
3,500
3,500BALANC
A/P
Dr. Cr.
2,250 3,500
12,750 15,000
3,500BALANC
S. revenue
Dr. Cr.
5,000
10,000
15,000BALANC
A/R
Dr. Cr.
3,000 1000
10000 9000
3,000BALAMC
Inventory
Dr. Cr.
15000 2,250
12,750
11,475
Sales revenue
DR Cr.
10000
Sales discount
Dr. Cr.
540
5. Luminus Education – Quality Assurance Department
Page 5 of 15 (Form approved by Pearson – November 2017)
10000BALANC
540BALANC
Sales returns
Dr. Cr.
1,000
1,000BALANC
Drawings
Dr. Cr.
2000
2,000BALANCE
Unearned. Revenue
Dr. Cr.
6000
6000BALANCE
Rent. Exp
Dr. Cr.
950
950BALANCE
Salaries. Exp
Dr. Cr.
2,800
2,800BALANC
Utilities. Exp
Dr. Cr.
1,250
1,250BALANC
6. Luminus Education – Quality Assurance Department
Page 6 of 15 (Form approved by Pearson – November 2017)
Prepaid. Exp
Dr. Cr.
6,000
6,000BALAN
Cost of sales
6,075=13.5*450 المباعة البضاعة تكلفة
850
-
450
=
400
5,400
=
13.5
-
400
Trial balance
Account Debit Credit Account classification Financial statement
Cash 121,985 ASSETS Balance sheet
Capital 150,000 Equity Balance sheet
Equipment 30,000 ASSETS Balance sheet
Supplies 3,500 ASSETS Balance sheet
A/P 3,500 Liabilities Balance sheet
Services revenue 15,000 Equity Income statement
A/R 3,000 Balance sheet
Inventory 5400 ASSETS Balance sheet
Sales. Revenue 10,000 EQUITY Income statement
Sales return 1,000 EQUITY Income statement
Sales discount 540 EQUTY Income statement
Drawings 2,000 EQUTY Balance sheet
Unearned. Revenue 6,000 Liabilities Balance sheet
Rent. Exp 950 EQUTY Income statement
Salaries. Exp 2,800 EQUTY Income statement
Utilities. Exp 1,250 EQUTY Income statement
Prepaid. Insurance 6,000 ASSETS Balance sheet
Cost of sales 6570 Income statement
Total 184,500 18,4500
7. Luminus Education – Quality Assurance Department
Page 7 of 15 (Form approved by Pearson – November 2017)
SoleHorizons
programingcompany
Income statement
Servicesrevenue 15,000
Sales.Revenue 10,000
Salesreturn (1,000-)
Salesdiscount (540-)
Cost of sales (6570-)
Total revenue 17,385
Rent. Exp 950
Salaries.Exp 2,800
Utilities.Exp 1,250
Total (5,000-)
Netincome 12,385
8. Luminus Education – Quality Assurance Department
Page 8 of 15 (Form approved by Pearson – November 2017)
SoleHorizonsprogramingcompany
2-retaind earning
statement
Beginning retained
earnings
0
+- net income or net loss 12,385
-dividends 0
Ending retained eamings
12,385
9. Luminus Education – Quality Assurance Department
Page 9 of 15 (Form approved by Pearson – November 2017)
Sole Horizons programing company
Balance Sheet
Assets Liabilities
Current assets Current liabilities
Cash 121,985 Ap 3,500
Supplies 3,500 Unearned.
Revenue
6,000
AR 3,000
Inventory 5,400 Equity
Prepaid
insurance
6,000
Capital 150,000
Fixed assets Ending retained 12,385
Drawings 2,000
Equipment 30,000
Total assets 169,885 169,885
10. Luminus Education – Quality Assurance Department
Page 10 of 15 (Form approved by Pearson – November 2017)
Income Statement
The Income Statement isone of a company’s core financial statementsthat shows theirprofit and loss
over a periodof time. The profitor lossis determinedbytaking all revenuesand subtracting all expenses
from both operatingand non-operatingactivities.
The income statementis one of three statementsusedin both corporate finance (includingfinancial
modeling) andaccounting. The statementdisplays the company’s revenue,costs,gross profit, sellingand
administrative expenses,otherexpensesandincome,taxes paid,and netprofit in a coherentand logical
manner. https://www.meemapps.com/term/income-statement
Income statement
retained earnings statement
Watt Is a Statementof Retained Earnings?
The statement of retained earnings (retained earnings statement) is a financial
statement that outlines the changes in retained earnings for a company over a
specified period. This statement reconciles the beginning and ending retained
earnings for the period, using information such as net income from the other
financial statements, and is used by analysts to understand how corporate profits
are utilized.
The statement of retained earnings is also known as a statement of owner's equity,
an equity statement, or a statement of shareholders' equity. Boilerplate templates of
the statement of retained earnings can be found online. It is prepared in
accordance with generally accepted accounting principles (GAAP).
https://www.investopedia.com/investing/what-is-a-cash-flow-statement/
2-retaind earning statement
Beginning retained earnings
+- net income or net loss
-dividends
Ending retained earing’s
11. Luminus Education – Quality Assurance Department
Page 11 of 15 (Form approved by Pearson – November 2017)
2-retaind earning statement
12. Luminus Education – Quality Assurance Department
Page 12 of 15 (Form approved by Pearson – November 2017)
Balance sheet statement of financial position The statement of
financial position also known as a Balance Sheet represents the Assets,
Liabilities and Equity of a business at a point in time
For example:
Assets include cash, stock, property, plant or equipment – anything
thebusiness owns. Liabilities are what the business owes to outside
parties,eg. suppliers, bank or business loans. Equity is the remaining
proportionof the owner’s financial interest in the business after deducting
any liabilities from the total assets in the business.
Reading your Financial Position (Balance Sheet)
When reading your balance sheet, it represents what your business
owns and controls (the Assets), what it owes (the Liabilities) and
theinvestment that the owner has contributed (the Equity) at a
particularpoint in time.
The accounting equation is:
Asset= Liabilities +Equity
https://www.futurelearn.com/info/courses/online-
business-success-pricing/0/steps/23647
balance sheet
Assets Liabilities
Current assets Current assets
Fixed assets Equity
13. Luminus Education – Quality Assurance Department
Page 13 of 15 (Form approved by Pearson – November 2017)
Total Asset Total
Cash flows statement
The statement of cash flows, , is a financial statement that summarizes the
amount ofCash and cash equivalents entering and leaving a company.
The cash flow statement (CFS) measures how well a company manages its cash
position, meaning how well the company generates cash to pay its debt obligations
and fund its operating expenses. The cash flow statement
complements the balance sheet andIncome statement and is a mandatory part of a
company's financial reports since 1987.1
How Cash Flow Is Calculated
Cash flow is calculated by making certain adjustments to net income by adding or
subtracting differences in revenue, expenses, and credit transactions (appearing on
the balance sheet and income statement) resulting from transactions that occur
from one period to the next. These adjustments are made because non-cash items
are calculated into net income (income statement) and
total assets and liabilities (balance sheet). So, because not all transactions involve
actual cash items, many items have to be re-evaluated when calculating cash flow
from operations.
As a result, there are two methods of calculating cash flow: the direct method and
the indirect method.
https://www.investopedia.com/investing/what-is-a-cash-flow-statement/
14. Luminus Education – Quality Assurance Department
Page 14 of 15 (Form approved by Pearson – November 2017)
Corporation the Cowell Company, 31of December
Income statement
Total revenue 30,000
Service Revenue 30,000
Insurance expenses 1,600
salariesandwages
expense
5,000
DepreciationExpense 7,000
Advertisingexpense 4000
Rentexpense 800
Total expense 18,400
Netincome 11,600
the Cowell Company,31st
of December
2-retaindearning
statement
Beginningretained
earnings
12,000
+- netincome or net
loss
11,600
-dividends 1,500-
Endingretained
earing’s
22,100
15. Luminus Education – Quality Assurance Department
Page 15 of 15 (Form approved by Pearson – November 2017)
Corporationthe Cowell Company, 31of December
balance sheet
Assets Liabilities
Current assets Current liabilities
Cash 10,700 A/P 600
A/R 20,000 unearned revenue 11,000
Supplies 2,000 Taxes Payable 2,000
Prepaid Insurance 15,000 Salaries Payable 9,000
Fixed assets Equity
Equipment Share Capital 24,000
Accumulated
equipment
14,000 Ending retained 22,100
Total Asset 68700 Total 68700