1. The money multiplier in the United States is smaller than the inverse of the required
reserve ratio due to currency drain ratio. Currency drain ratio is the percentage of
bank notes that consumer people keep in cash, instead of depositing them i
Review the unadjusted trial balance below and prepare adjusting journal entries to record the various described
below. Record in the space provided at the bottom of this spreadsheet. After completing journal entries, comp
adjusted trial balance be
C= Sales plan: what value will you offer? What problem are you solving? Development (R&D;
getting your idea to function)
Different value will be offered for this project. It will comprise of a multi-level product and
pricing system. Silver and
Suggest which type of income statement a retailer should use. Defend your suggestion.
Accounting for inventories is mostly used by the manufacturing businesses to record
the cost of its inventories at the lower of cost or net realizable value. An accounti
Accounting, Math, and Excel
1. What has been your experience in this course using Excel to solve math problems?
I have been using excel at work for many years. I have created spread sheets to keep track of
all kinds of information from employee credential
Each of the following ten statements includes a pair of words within parenthesis. Indicate
which of the words should be chosen to make the statement true. The first statement is
done as an example.
1. A ( loan application / budget ) is a detailed
Allocate income to partners
1. John, Alice and Dan are all general partners of a partnership.
2. John is the CEO of the partnership and is allocated a salary of $90,000 per year.
3. Alice is the CFO of the partnership and is allocated a
Using the SEC 10-K for your company, answer the following questions:
1.Reading the notes to the financial statements, as well as the balance sheet, post information
about the Accounts Receivable for your company. Who owes the company money?
There are two problems on this assignment. Page down further after you complete problem 1.
Record the following journal entries below. The first two are done for you as examples.
Accounting Systems and Accruals
The greatest threats to a computerized accounting system involve the following;
Unauthorized access to the data
The introduction (entry) of computer viruses to the systems etc.
An authorise access to data
Running Head: Sec 10-K Report
Name: Sean Edwards
Instructor: Elaine Gregory
Running Head: Sec 10-K Report
Apple Inc. is an American manufacturer of personal computers, computer peripherals,
mobile phones a
There are two problems this week. Click on the tab at the bottom of the spreadsheet to see problem 2.
Compute the ending inventory using the FIFO and the weighted average method below. These are the same transactions used in week 3 homework:
The following culture will enable Purvis corporation flow smoothly according to its structure
The company should provide quality products and services by striving to exceed the
needs and expectations of its customers
Purvis Corporation must implement a qu
The money multiplier in the United States is smaller than the inverse of the required
reserve ratio due to currency drain ratio. Currency drain ratio is the percentage of bank notes
that consumer people keep in cash, instead of depositing them i
There are 3 problems this week. Click on the tabs at the bottom of the spreadsheet to view each problem.
Prepare the journal entries for the eight following transactions. Use dates but descriptions are not required.
On 10/1/15, Equipment was purchased for
Financial Planning is a continuous process that flows with strategic decision making. The Operating
Plan and the Financial Plan will both support the Strategic Plan. The best place to start in preparing a
budget is with sales since this is a driving force
There are two homework problems this week. The first is below and the second one is on the second tab at the bottom left of
Below you will see an unadjusted trial balance run at year end followed by information needed to make adjusting entries.
Situated in Carlifrnia
Employer identification number 94-2404110
Adress of principle executive officer;1 Infinite loop Cupertino, Carlifornia
Zip code; 95014
Securities registered pursuant to Section 12b of the act
University of Maryland University College
Final Examination - Acct221: Principles of Accounting II
For this exam, omit all general journal entry explanations.
Ensure to include correct dollar signs, underlines & double underlines.
Question 1: 30% points:
Choose at least two (2) items or events that you would consider to be extraordinary to a
company. Propose the manner in which you would disclose these items or events to
investors. Justify your response.
Extraordinary items consist of losses or gains whic