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ACC 205 Week 3 Exercise Assignment + DQ+ Journal (2013 Updated Version) Week Three Exercise Assignment Inventory 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $11,000 4/19 Purchase Sunset 21,800 6/7 Purchase Earth 31,200 12/16 Purchase […]

ACC 205 Week 3 DQs and Journal DQ 1. The controller of Sagehen Enterprises believes that the company should switch from the LIFO method to the FIFO method. The controllers bonus is based on the next income. It is the controllers belief that the switch in inventory methods would increase the net income of the […]

IPX is a specialized packaging company that packages other manufacturers’ products. Other manufacturers ship their products to IPX in bulk. IPX then packages the products using high-speed, state-of-the-art packaging machines and ships the packaged products to wholesalers. A typical order involves packaging small toys in see-through plastic and cardboard containers. IPX uses a flexible budget […]

ACC 205 Week 3 Assignment Week Three Exercise Assignment Inventory 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $21,000 4/19 Purchase Sunset 21,800 6/7 Purchase Earth 31,200 12/16 Purchase Moon 4,000 Woods and Moon were sold […]

acc 205 week 4 assignment liability 1.      Partner investments; journal entries. The LP partnership was formed on January 1, 19X7, by investments from Bill Levy and Marv Parcells. Levy contributed $30,000 cash and $80,000 of land. Parcells contributed cash of $50,000 and equipment with a value of $20,000.   a.                   Prepare the journal entries […]

ACC 205 Week One Exercise Assignment Basic Accounting Equations Basic Accounting Equations 1. Basic concepts.Jean’s Marine Supply specializes in the sale of boating equipment and acces sories. Identify the items that follow as an asset (A), liability (L), revenue (R), or expense (E) from the firm’s viewpoint. a. The inventory of boating supplies owned by […]

why does the potential difference across the terminals of a cell fall when it is delivering curreny? Is this the question you were looking for? If so, place your order here to get started!

Internet Fraud Your best friend’s grandmother is thinking about investing in U.S. bonds, but has been getting suspicious phone calls and letters about such investments. Neither your friend nor her grandmother is very familiar with bonds, except that they are aware that they are supposed to be safe. It is your understanding that the U.S. […]

acc 206 journal While there are many instances of overlap between financial accounting and management accounting, each group’s primary focus is different. Review the Institute of Management Accounting’s (IMA) website, specifically the “About IMA” and the “Resources and Publications” sections of the website. Are you surprised by the topics that management accountants are focusing on? Why […]

ACC 206 W1 Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button. 1. Critical Thinking […]