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acct221 Financial Accounting Managerial Accounting Primary users No Independent AuditsInternal UsersInternal ReportsSpecial-purpose for a Specific DecisionsRelevant to DecisionsQuarterly and AnnuallyAs Frequently as NeededGeneral-purposeGenerally Accepted Accounting PrinciplesExternal UsersFinancial StatementsAnnual Audit by Certified Public Accountant Quarterly and AnnuallyFinancial StatementsInternal ReportsRelevant to DecisionsExternal UsersAs Frequently as NeededInternal UsersGeneral-purposeGenerally Accepted Accounting PrinciplesSpecial-purpose for a Specific DecisionsAnnual Audit by Certified […]

ACCT301 Week 3 Problem 1 and Problem 2 (Ratios Analysis) _Use it as a Guide ! Problem 1 Required:Express each income statement component as a percentage of sales, and comment on the trends in each line from 2012 to 2013. 2013 % Sales 2012 % Sales Comments Sales $ 1,000,000 $ 1,200,000 Cost of goods […]

ACCT220: Principles of Accounting I -Final Examination Question 2: 15% points: The following information is available for Flip Company: Beginning inventory 600 units at $5 First purchase 900 units at $6 Second purchase 500 units at $7.25 Assume that Flip uses a periodic inventory system and that there are 700 units left at the end […]

ACCT315 1. Using the FASB Codification login information provided, research the following. For each, 1. Using the FASB Codification login information provided, research the following. For each, identify the topic, subtopic, and section number (as applicable) that provide guidance for each and write the appropriate citation. For example, the topic, subtopic, and section number for […]

ACCT251 Academic Tutoring Services (Parts 1 and 2) — Correct Answers USE it as a GUIDE !!! Tutorial Answers for ACADEMIC TUTORING SERVICES: Part 1 – Journal Entries, T-Accounts, Adjusting Entries, Adjusted Trial Balance Part 2 – Financial Statements, Closing Entries, T-Accounts, Post-Closing Trial Balance, Ratios Is this the question you were looking for? If […]

ACCT315 Caleb Company”?s fiscal year runs from January through December. Its January 1,… Caleb Company s fiscal year runs from January through December. Its January 1, 2013 s trial balances are below: Account Title Debits Credits Cash $30,000 Accounts Receivable 15,000 Equipment 20,000 Accumulated Depreciation $ 6,000 Salaries Payable 9,000 Common Stock 40,500 Retained Earnings […]

ACCT323 homework 5 value: 15.00 points   Indicate the amount (if any) that Josh can deduct as ordinary and necessary business deductions in each of the following situations. (Leave no cells blank – be certain to enter “0” wherever required. Omit the “$” sign in your response.)   a. Josh borrowed $87,000 from the First State […]

ACCT301 Week 1 Problem 1 and Problem 2 (Identify the financial statement) Problem 1 Required: Identify the financial statement on which each of the following items appears by making an X in the appropriate column. The first one is done for you! Income Balance Statement of Item Statement Sheet Cash Flows Accounts Payable x Accounts […]

ACCT323 connect quiz 3 Quiz 3 1. Kip started a wholesale store this year selling bulk peanut butter. In January of this year Kip purchased an initial five tubs of peanut butter for a total cost of $5,000. In July Kip purchased three tubs for a total cost of $6,000. Finally, in November Kip bought […]

BUS475 – Final Exam – Set 1 1) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States’ second largest trading partner. A. Mexico, Venezuela B. Canada, Venezuela C. Great Britain, Paraguay D. Mexico, Canada E. Canada, Mexico 2) “Generally accepted” in the phrase generally […]