CHAPTER 9
BRIEF EXERCISES
Be. 223
Indicate whether each of the following expenditures should be classified as land (L), land improvements (LI), buildings (B), equipment (E), or none of these (X).
_ 1. Computer installation cost
_ 2. Driveway cost
_ 3. Arc
CHAPTER 9
BRIEF EXERCISES
Be. 223
Indicate whether each of the following expenditures should be classified as land (L), land improvements (LI), buildings (B), equipment (E), or none of these (X).
_ 1. Computer installation cost
_ 2. Driveway cost
_ 3. Arc
Chapter 8: Reporting and Analyzing Receivables
Vocabulary Quiz
1.
A note that is not paid in full at maturity.
2.
Amounts owed by customers on account.
3.
The party in a promissory note who is making the promise to pay.
4.
A method of accounting for bad d
Chapter 8
Reporting and Analyzing Receivables
Study Objective 1 - Identify the Different Types of Receivables
The term receivables refers to amounts due from individuals and companies.
Receivables are frequently classified as:
1. Accounts receivable
2.
Exercise #1
On March 1, 2014, Rich Company acquired real estate on which it planned to construct a small office building. The company paid $80,000 in cash. An
old warehouse on the property was razed at a cost of $9,400; the salvaged materials were sold fo
ACCOUNTING 101
FINANCIAL ACCOUNTING
Summer 2007
M T W TH 8:15 AM - 12:05 PM
Instructor:
John Varga
Office:
Science 163
Phone:
(714) 432-5551
Office Hours: 12:05 12:30 PM M T W TH
E-mail
Jvarga@occ.cccd.edu
Text and Material:
Required:
Edition
Kimmel/Weyga
COURSE SYLLABUS
Gayle M. Richardson, CPA, Professor (aka Ms. R)
Website http:/www2.bakersfieldcollege.edu/grichardson
Fall 2014
Email: grichard@bakersfieldcollege.edu oraweclr@gmail.com
661-395-4062 (BC office) Business Building Room 3
Preferred.Voice and
CHAPTER 8
BRIEF EXERCISES
Be. 211
Finney had the following transactions during March 2016.
1. Finney sold and delivered $12,000 of merchandise to LJ Enterprises, terms 2/10, n30.
2. LJ Enterprises also ordered an additional $5,000 worth of goods on the la
Continuing Cookie Chronicle 1
Continuing Cookie Chronicle
(Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 8.)
CCC9
Part 1 Now that she is selling mixers and her customers can use credit cards to pay for them, Natalie
is think
CHAPTER 8
BRIEF EXERCISES
Be. 216
Benson Products uses the receivable approach in estimating uncollectible accounts. On
December 31, 2015, the balance in Accounts Receivable was $650,000. An aging analysis of the
accounts receivable indicated that $25,500
STATISTICS
2014-15
GEI
Chapter 3. Sampling and Sampling Distributions - Solutions
1.
a)
b)
c)
d)
200
5
Normal with E( X ) = 200 and X = 5
The probability distribution of X
2.
a) The sampling distribution is normal with
E( X ) = = 200
X = /n = 50/ 100 = 5
STATISTICS
2014-15
GEI
Chapter 2. Normal Distribution - Exercises
1. Use the table of probabilities for the standard normal distribution to compute the following probabilities.
a)
b)
c)
d)
P(z 1.5)
P ( z 1)
P(1 z 1.5)
P(0 < z < 2.5)
2. Given that z is a s
STATISTICS
2015-16
GEI
Chapter 2. Distribution models for random variables - Exercises
1. It is known that 60 percent of all registered voters in the 42nd Congressional District are
Republicans. Three registered voters are selected at random from the dis
STATISTICS
2014-15
GEI
Chapter 7. Chi-square contrasts - Exercises
1. A recent experiment investigated the relationship between smoking and urinary incontinence.
Of the 322 subjects in the study who were incontinent, 113 were smokers, 51 were former
smok
STATISTICS
2015-16
GEI
Chapter 2. Distribution models for random variables - Solutions
1. 0.432
2. a.
b.
c.
d.
e.
0.20764
0.10011
0.67854
0.99998
6
3. a.
b.
0.28347
0.55837
4. a.
b.
c.
d.
e.
21 and 2.89
0.88569
0.00095
0.00059
0.99919
5. Using the Poisso
STATISTICS
2014-15
GEI
Chapter 3. Sampling and Sampling Distributions - Exercises
1. A population has a mean of 200 and a standard deviation of 50. A simple random sample of size
100 will be taken and the sample mean will be used to estimate the populatio
STATISTICS
2014-15
GEI
Chapter 6. Hypothesis Testing - Solutions
1.
a) H0 : 14
Ha : > 14
b) No evidence that the new plan increases sales
c) The research hypothesis > 14 is supported; the new plan increases sales
2.
a) H0 : 220
Ha : < 220
3.
a) Rejecting
STATISTICS
2014-15
GEI
Chapter 2. Normal Distribution - Solutions
1.
a)
b)
c)
d)
0.9332
0.8413
0.0919
0.4938
2.
a)
b)
c)
d)
e)
f)
0.2967
0.4418
0.3300
0.5910
0.8849
0.2389
3.
a) P(1.98 z 0.49) = P(z .49) P(z < 1.98) = 0.6879 0.0239 = 0.6640
b) P(0.52 z 1.
STATISTICS
2015-16
GEI
Chapter 1. Probability - Exercises
1. A study of group of Spanish firms has shown that 40% of them is funded exclusively by
Spanish investors, 25% only by German investors and 15% with both. Answer the following
questions:
a. If a
09/09/2015
INTRODUCTION
Some general ideas
! Financial transaction:
! Definition
! Elements:
! Personal elements
! Material element
! Formal element
! Classification of financial transactions
! Equilibrium in a financial transaction:
! Financial capital
!
Exam-Sum 1
FINANCIAL MANAGEMENT:
Managerial activities which deals with planning and controlling of firms and financial
sources.
Financial management is an area of financial decision making, harmonizing individual
motives and enterprise goals.
Weston Br
QUESTIONARY 3: Price in a common financial transaction
GROUP N
QUESTION 3.1: Give an example of financial transactions, graph it, and calculate the total price, the effective interest rate and the
nominal interest rate.
QUESTION 3.2: Assume the next accum