n a Word document see the rubric for milestone 1 A Identify sources of other

N a word document see the rubric for milestone 1 a

This preview shows page 8 - 13 out of 35 pages.

n a Word document - see the rubric for milestone 1A.Identify sources of other comprehensive incomenot included in net income. B.Explainrationale forthe inclusion as comprehensive income(as opposed to net income) of nondiscC.Evaluate impacts of company goals and finances for their implications on stockholder equity, using D.Evaluate impacts of company goals and finances for their implications on retained earnings per shaE.Explain the impact of issuing preferred stock or debt for determining changes to equity structures. F.Assess the impact of changes to current tax structurefor articulating changes relevant to the compa·Marketable securities on the balance sheet at a cost of $5,500,000 are available-for-sale·Market value at the balance sheet date is $5,235,00·Prepare the adjusting entry to record the unrealized loss and include in comprehensive inco·$1,500 in meal and entertainment expenses show as a permanent difference for tax. Prepar
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Stockholder Equity ·The company uses straight line depreciation for book and MACRS depreciation for the tax ret·MACRS depreciation was $209,301 higher than book. Prepare the adjusting entry for the de·There have been recent tax structure changes the could impact the company.Peyton Approbeginning of these changes. Peyton provides for taxes at 25% of pretax income (20% Federal, 5%Peyton Approved prides itself on transparency with shareholders and investors. The company has added launched a new marketing campaign, which is estimated to bring in 20,000 new customers over the next 6 mThe company expects this expansion will require an additional $1,000,000 of capital and generate an addprofit. The options are: 1)Issuing an additional $1,000,000 of 10%, 100-par convertible preferred stock (same class as is curren2)Issue an additional $1,000,000 of 8% convertible bonds (same terms as the existing issue) 3)$500,000 each of preferred stock and bonds
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lance workbook (red tab)closure within notes. financial information to support claims. are, using financial information to support claims. any. omere the necessary adjusting entry.HOME
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turneferred tax.oved has been a C Corp since the % state).two storefront locations and months. ditional $600,000 of after-tax ntly outstanding)
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Southern New Hampshire UniversityACC309 - Intermediate Accounting IIIIMPORTANT NOTE:Use the data from this Milestone and begin working on your final presentation due in Week 7ITEMS TO COMPLETE FOR THIS MILESTONE:GENERALCAPITAL LEASESCalculate capital lease obligationsPrepare appropriate adjusting entriesPENSION PAYOUTSCalculate pension liabilityCalculate health insurance liabilityADJUSTING ENTRIESPrepare adjusting entries for capital lease obligationsPrepare adjusting entries for pension payoutsFINANCIAL INFORMATION FOR THIS MILESTONEPostretirement Benefits INSTRUCTIONS FOR MILESTONE 2 (Due Week 5)Make sure to completely reviewthe Rubric for Milestone 2In preparation of the annual audit, make calculations (green tab) and prepare appropriate adjusting entbalance workbook (red tab)MANAGEMENT BRIEF - Prepare i
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