BUS-1088 Strategies for Success
1. What is the value in examining and studying emotional intelligence?
Emotional intelligence (EI) refers to the capabilit
ACCT7006 Test #1
Allow excel to round all numbers for you (whole numbers i
Show Calculations for part marks.
State any assumptions that
1/10/2017 Cash (200,000 x $23)
3/1/2017 Cash (17,000 x $119)
5/1/2017 Cash (20,000 x $18)
8/1/2017 Legal Expense
On November 1st, borrow $50,000
Repayable in 3 months at 4% interest
December 31 year end
31-Dec Interest Expense
I = Prt
(50,000 x 4% x 2/12)
31-Jan Note Payable
Interest Expense (50,000 x
Call option entered into January 2, 2017
Option expires April 30, 2017
Option to purchase 1,000 shares at $100 per share
Share market price on January 2, 2017 is $100 per share
Option is purchased for $400 (Option Premium)
Share price on March 31st is $12
1-Sep purchase inventory on account $50,000
1-Oct issued a 12 month 8% note for the above purchase
1-Oct borrowed $75,000 from the bank by signing a 12 month, non-interest bearing $81,000 note
(One Reversing Difference, Future Deductible Amounts, One Rate, No Beginning Deferred Taxes)
Jenny Corporation recorded warranty accruals as at December 31, 2017 in the amount of $150,000. This reversing
2018, $35,000 in 2019, and $65,000 in 2020. Jenny's
CHAPTER 2 - basic business transactions
Purchase an item on "credit"
Purchase an item on "credit"
If an asset is purchased
If the purchase is an "operating" expense
Machinery, Equipment, etc.
Loans Payable, Notes
Q1 Define Management by Exception.
Q2 What potential reasons are there for a level 3 rate variance?
Q3. What potential reasons are there for a level 3 efficiency variance?
Q4. What is the difference between a level 0 and level 1 variance?
Mixed Costs High Low method: Steps in Method
Step 1- determine the difference in cost and units between the high and low periods
Step 2 Determine the variable cost per unit using the
MARKETING FINAL PROJECT
Tinas Restaurant Case
1) Customer service skills.
2) Solid group abilities.
3) Quality of food.
2. Case 3-Competitive Analysis
Name: The Raja
Name: Currys Restaurant
Name: Masseys Restaurant
Product Number of
60 Main Dishes with 4 Starter meals
64 Main dishes with 9 Starters
Cost of good sold
Selling, general and administrative
Income from operations
Other revenues and gains:
Gain on sale of
For the Month Ended DATE
Our business has a $100 petty cash fund.
You are replenishing the account and find the following receipts:
1.56 $ 13.56
Repairs and Maint
3.64 $ 31.64
ACCT1098 WEEK 1
Preparations for Class
- ALWAYS read through the lessons below prior to
coming to class.
- Print out the QB Lessons for this week.
Lesson One Getting Started: Introduction to QuickBooks
(pages 17 30)
CASE STUDY INSTRUCTIONS - Required:
PART 1 - Journalize Monthly Transactions
1) Record the transactions for the month in the special journals and general journal as applicable.
- Get Out posts daily to the A/R and A/P subsidiary ledger accounts and
Quiz Due Date
September 11, 2017 7:59 am
September 18, 2017 7:59 am
September 25, 2017 7:59 am
October 2, 2017 7:59 am
October 16, 2017 7:59 am
October 23, 2017 7:59 am
November 6, 2017
Business Bookkeeping - Special Journals
Charles Ly is the owner of Gamma Retailer. He has hired you to update the transactions for his business.
Charles has provided you with the opening balances and a list of transactions for the month of April.
Inventory - Journal Entries
The following information was presented by the bookkeeper for NorthWave Inc. for the month of July,
Purchased $240,000 of inventory on account from Beta Wholesalers, terms 2/10,
Burger Noble owns and operates Noble Lawns. During the month of July 2016, she had the following
Paid $7,200 for a one year insurance policy.
Paid $4,000 for rent for the month.
Provided services to a
Gain on Sale of Investment
1-Apr Opening Balance
Part 1 - Calculate Cost of Goods Sold and Ending Inventory using FIFO (perpetual)