Chapter 7 Cash and Receivables
Ex.7-2, 6,7,13,16,16,22, P-3
1. Cash balance of $925,000. The certificates of deposit of $1,400,000= temporary investment,
the cash advance to subsidiary of $980,000= receivable, and the utility deposit of $180 =
Chapter 13 Current Liabilities and Contingencies
Ex.13-2, 4, 10,11,14,19 and P 13-5
a)Sep 1 Purchase 50,000
Oct 1 A. P. 50,000
Notes P. 50,000
Oct 1 cash 50,000
Discount on notes p.
b) Dec 31 Interest Exp. 1,000
Chapter 10 Acquisition and Disposition of P, P, & E
Ex.10- 9,17 P 10-6
Computation of Weighted-Average Accumulated Expenditures
National Express reports the following costs and expenses in June 2017 for its delivery service.
Depreciation on delivery equipment
Delivery equipment rep
Manufacturing cost data for Copa Company are presented below.
Indicate the missing amount for each letter (a) through (i).
Direct materials used
Empire Company is a manufacturer of smart phones. Its controller resigned in October 2017.
An inexperienced assistant accountant has prepared the following income statement for the
month of October 2017.
Your answer is correct.
The gross earnings of the factory workers for Larkin Company during the month of January are
$76,000. The employers payroll taxes for the factory payroll are $8,000. The fringe benefits to be
paid by the employer on t
Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used.
Overhead costs are expected to total $300,000 for the year, and machine usage is estimated
at 125,000 hours.
For the year, $322,000 of overhead costs ar
A job cost sheet of Sandoval Company is given below.
Job Cost Sheet
White Lion Cages
Your answer is correct.
Manufacturing cost data for Orlando Company, which uses a job order cost system, are
Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is
applied on the basi
Stine Company uses a job order cost system. On May 1, the company has a balance in Work
in Process Inventory of $3,500 and two jobs in process: Job No. 429 $2,000, and Job No. 430
$1,500. During May, a summary of source documents reveals the
University Company produces collegiate apparel. From its accounting records, it prepares the following
schedule and financial statements on a yearly basis.
Cost of goods manufactured schedule.
The following ite
The administrators of Crawford Countys Memorial Hospital are interested in identifying the various
costs and expenses that are incurred in producing a patients X-ray. A list of such costs and expenses is
The administrators want these cost
February 9, 2016
Comparative analysis of Tesla and Ford
Tesla motors is valued as one of the most successful companies ever,
however based from a financial standpoint Tesla is at a disadvantage in the
competitive market compared to competit
Medicis Pharmaceutical Corporation
Medicis Pharmaceutical Corporations Audit Deficiencies Cause Major Problem For Ernst & Young
BACKGROUND OF MEDICIS CORPORATION
Medicis Pharmaceutical Corporation (Medicis), a Delaware corporation with its principal offic
Design Theory Design problem is to select lowest cost PC It is natural however, to have
constraints on what is acceptable. Within the feasible region, the lowest cost solution is the
optimal solution. [Gia10]. Design theory in my own words
Define big data as it relates to the consumer product market and give an example.
A new generation of technologies and architectures designed to economically extract value from very
large volumes of a wide variety of data by enabling high-velocity capture
April 13, 2017
The Future of your Smartphone
Mobile application development is currently a booming industry. It is one of the most interesting
jobs right now for many reasons. This job specifically works with smartphones to develop
Chapter 1: Conceptual Framework and IFRS
Primary Qualitative Characteristics
Roger is PC- Relevance= Predictive Value, Confirmatory value
FENCE- Faithful Representation= Free from Error, Neutrality, Completeness
Enhancing Qualitative Characteristics
Do College Athletes Deserve Compensation?
Philosophy 103: An Introduction to Ethics
December 12. 2016
Ethics is more than just what is right and what is wrong. Throughout this class we have
FINAL EXAM FIN 625
AIT 600 Paper Outline
Preliminary Intro Paragraph:
One job in the IT Field that definitely interests me is a mobile application developer. This job
specifically works with smartphones to develop programs, applications, and software for mobi
Article 1 Accounting Theory Construction and Verification
This article is interested in the linking of the relationship between accounting theory
and practice to more abstract metaphysical and philosophical musing
Income statement and related items
Elements of financial statement
o Inflows or other enhancements of assets of an entity or settlements of its liabilities
during a period from delivering or producing goods.
If received cash it is posted a
WAREN SPORTS SUPPLY, YEAR-END WORKSHEET, DECEMBER 31, 2013
TRANSACTIONS LIST A
(Accounts with no activity in this worksheet are excluded in this solution.)
18 November 2014
Enrons Black Box
Enrons story is quite like no other before it, for it set a precedent in corporate scandals
that wasnt seen again until the great recession of 2008 with Lehman Brothers and WorldCom.