11 Questions of pinciples of accounting quiz online: 50 minutes. Attched is a copy of how the quiz wil be,
What are the sections in a Balance Sheet, and some typical accounts in each? 2. Does an Asset typically have a Debit or Credit balance? 3. Does a Liability typically have a Debit or Credit balance? 4. What are the sections in the P&L, and some typical accounts in each? 5. Does Revenue typically have […]
You are the CEO of a newly incorporated retail firm that will sell DKNY® and Tommy Hilfiger® along with other designer clothing. Your job is to set up an accounting information system to maintain appropriate records needed in the eventual preparation of financial statements. Certain principles should be followed in the development of an accounting […]
Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015. 2013 2014 2015 Current assets $234,400 $269,560 $288,312 Current liabilities $160,110 $166,930 $182,810 Total assets $467,710 $594,820 $641,080 (b) Perform each of the three types of analysis on Schellhammer’s current assets. (Round percentages to 0 decimal places, e.g. 43% and ratios to 2 decimal […]
A Sendai clothing wholesaler was preparing its sales budget for the first quarter of 20X8. Forecast sales are as follows (All values are in thousands of yen). January ¥203,000 February ¥227,000 March ¥248,000 Sales are 40% cash and 60% on credit. Fifty-five percent of the credit accounts are collected in the month of sale, 35% […]
To stay on celebrity gossip you read Us magazine approximately once a month the newsstand price is 3.99. A weekly subscription is 79.99 a year which is the better deal? Perform ab incremental analysis
See attacments and requirements below: 1. Work must be 100% original, and any resources taken from the Internet, authors, etc must be noted and credit given to the source. In addition, any cited source must adhere to USA GAAP and use the APA format. 2. You must be willing to make changes to the work if […]
Must be in IRAC format and cite at least 2 different cases Assignment: Assignment 3 (following Class 7) The Securities and Exchange Commission (SEC) regularly monitors trades on the Street (Wall Street). An SEC investigator was tipped off to an insider trading scam based on one suspicious trade. John Smith, a retired programmer, made more […]
Must be written in IRAC format with 2 cases cited. Assignment: Assignment 1 (following Class 2) William Wentworth, a wealthy and influential business owner, had a vested interest in seeing his preferred candidate win the Senate election. Wentworth has unlimited monies but he is subject to the strict limits placed on individual contributions to one […]
