Complete exercise questions.

Directions: Answer the following questions on a separate 
Microsoft Word or Excel 

document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link 
in Blackboard
.

 

Exercises

 

E47. Kay Magill Company had the following adjusted trial balance.

 

 

Instructions

a) Prepare closing entries at June 30, 2015.
b) Prepare a post-closing trial balance.

 

E413. Keenan Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made.

1. A payment on account of $840 to a creditor was debited to Accounts Payable $480 and credited to Cash $480.
2. The purchase of supplies on account for $560 was debited to Equipment $56 and credited to Accounts Payable $56.
3. A $500 cash dividend was debited to Salaries and Wages Expense $500 and credited to Cash $500.

 

Instructions

Prepare the correcting entries.

 

E5-4. On June 10, Tuzun Company purchased $8,000 of merchandise from Epps Company, FOB shipping point, terms 2/10n/30. Tuzun pays the freight costs of $400 on June 11. Damaged goods totaling $300 are returned to Epps for credit on June 12. The fair value of these goods is $70. On June 19, Tuzun pays Epps Company in full, less the purchase discount. Both companies use a perpetual inventory system.

 

Instructions

a) Prepare separate entries for each transaction on the books of Tuzun Company.
b) Prepare separate entries for each transaction for Epps Company. The merchandise purchased by Tuzun on June 10 had cost Epps $4,800.

 

E5-7. Juan Morales Company had the following account balances at year-end: Cost of Goods Sold $60,000, Inventory $15,000, Operating Expenses $29,000, Sales Revenue $115,000, Sales Discounts $1,200, and Sales Returns and Allowances $1,700. A physical count of inventory determines that merchandise inventory on hand is $13,900.

 

Instructions

a) Prepare the adjusting entry necessary as a result of the physical count.
b) Prepare closing entries.

 

E6-1. Tri-State Bank and Trust is considering giving Josef Company a loan. Before doing so, management decides that further discussions with Josef’s accountant may be desirable. One area of particular concern is the inventory account, which has a year-end balance of $297,000. Discussions with the accountant reveal the following.

1. Josef sold goods costing $38,000 to Sorci Company, FOB shipping point, on December 28. The goods are not expected to arrive at Sorci until January 12. The goods were not included in the physical inventory because they were not in the warehouse.
2. The physical count of the inventory did not include goods costing $95,000 that were shipped to Josef FOB destination on December 27 and were still in transit at year-end.
3. Josef received goods costing $22,000 on January 2. The goods were shipped FOB shipping point on December 26 by Solita Co. The goods were not included in the physical count.
4. Josef sold goods costing $35,000 to Natali Co., FOB destination, on December 30. The goods were received at Natali on January 8. They were not included in Josef’s physical inventory.
5. Josef received goods costing $44,000 on January 2 that were shipped FOB destination on December 29. The shipment was a rush order that was supposed to arrive December 31. This purchase was included in the ending inventory of $297,000.

 

Instructions

Determine the correct inventory amount on December 31.

E6-6. Kaleta Company reports the following for the month of June.

 included in Attachment Acc557_HW2

Instructions

a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO and (2) LIFO.
b) Which costing method gives the higher ending inventory? Why?
c) Which method results in the higher cost of goods sold? Why?

 

Problems

 

P4-3A. The completed financial statement columns of the worksheet for Fleming Company are shown on below.

 

Instructions

a) Prepare an income statement, a retained earnings statement, and a classified balance sheet.
b) Prepare the closing entries.
c) Post the closing entries and underline and balance the accounts. (Use T-accounts.) Income Summary is account No. 350.
d) Prepare a post-closing trial balance.

 

 

P5-2A. Latona Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Latona showed Cash of $5,000 and Common Stock of $5,000.

 

May 1  Purchased merchandise on account from Gray’s Wholesale Supply $4,200, terms 2/10, n/30.

2  Sold merchandise on account $2,100, terms 1/10, n/30. The cost of the merchandise sold was $1,300.

5 Received credit from Gray’s Wholesale Supply for merchandise returned $300.

9  Received collections in full, less discounts, from customers billed on sales of $2,100 on May 2.

10 Paid Gray’s Wholesale Supply in full, less discount.

11 Purchased supplies for cash $400.

12 Purchased merchandise for cash $1,400.

15  Received refund for poor quality merchandise from supplier on cash purchase $150.

17  Purchased merchandise from Amland Distributors $1,300, FOB shipping point, terms 2/10, n/30.

19 Paid freight on May 17 purchase $130.

24 Sold merchandise for cash $3,200. The merchandise sold had a cost of $2,000.

25  Purchased merchandise from Horvath, Inc. $620, FOB destination, terms 2/10, n/30.

27 Paid Amland Distributors in full, less discount.

29  Made refunds to cash customers for defective merchandise $70. The returned merchandise had a fair value of $30.

31  Sold merchandise on account $1,000 terms n/30. The cost of the merchandise sold was $560.

 

Latona Hardware’s chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 126 Supplies, No. 201 Accounts Payable, No. 311 Common Stock, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold.

 

Instructions

a) Journalize the transactions using a perpetual inventory system.
b) Enter the beginning cash and common stock balances and post the transactions. (Use J1 for the journal reference.)
c) Prepare an income statement through gross profit for the month of May 2015.

P6-3A. Ziad Company had a beginning inventory on January 1 of 150 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made.

 

Mar. 15 400 units at $23 Sept. 4 350 units at $26

July  20 250 units at $24 Dec.  2 100 units at $29

 

1,000 units were sold. Ziad Company uses a periodic inventory system.

 

Instructions

a) Determine the cost of goods available for sale.
b) Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods.
c) Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement?

 

ACC 557 Homework 2: Chapters 4, 5, and 6 (4-22-2015)Page 1 of 5

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

400-500 American history essay

Source Analysis Assignment:

 

 Choose two primary documents from the textbook readings from Weeks 1, 2 and/or 3.  Use the worksheet provided to determine the arguments made in the documents and context of the documents.  Write a 400-500 word essay that puts these documents in conversation with one another. In other words, the documents must relate to each other and you must demonstrate an understanding of the documents to determine how they relate.  You must use the textbook and content modules to provide context.  Also, students must cite all information borrowed. If a student does not cite her/his sources, she/he is plagiarizing and, consequently, will receive 0 credit for the assignment. Cite all information borrowed throughout the essay in parenthetical format as well as include a works cited page. Student’s work cited page does not count as part of the word count.  As for submitting the essays, students will do so through the assignment window on Webcourses.  Students will need to copy and paste the essay into the text box.  Credit will not be given for attached assignments.  2 points will be deducted for each calendar day the essay is late for a maximum of 3 calendar days. After 3 calendar days the essay will no longer be accepted for credit.

 

This is also related material.

https://cluster13-files.instructure.com/courses/1203352/files/54504462/course%20files/CMod1%20Exploration%20Theories%20to%20ConsiderUCF.html?download=1&inline=1&sf_verifier=8b3cfa7cb8e927e78d0de75e9a727618&ts=1464752470&user_id=3965371

 

 

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

please reade the instructions below. please include references

 

Assume the role of a chief researcher for the state Department of Education who is examining two groups with similar educational deficiencies. One group involved in the study is a rural, ethnically-defined, aboriginal group with a high rate of health issues including diabetes, vision impairment, and heart disease. The other group is also a rural group living on family-owned farms (as opposed to corporate farms) that are in severe decline as a result of years of decreasing rainfall and drought. Both groups exhibit achievement test scores that are more than one standard deviation below the mean at all grade levels, and excessive high school drop-out rates.

 

General Requirements:

 

Use the following information to ensure successful completion of the assignment:

 

  • Instructors will be using a grading rubric to grade the assignments. It is recommended that learners review the rubric prior to beginning the assignment in order to become familiar with the assignment criteria and expectations for successful completion of the assignment.
  • Doctoral learners are required to use APA style for their writing assignments. The APA Style Guide is located in the Student Success Center.
  • This assignment requires that at least two additional scholarly research sources related to this topic, and at least one in-text citation from each source be included.

 

  • You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. Only Word documents can be submitted to Turnitin.

 

Directions:

 

Use the scenario presented above to write a paper of 1,000-1,250 words that addresses the use of qualitative research as a means of studying the two groups in the scenario. Include the following in your paper:

 

  1. A rationale for using qualitative research methods instead of quantitative research.
  2. A statement of how the worldviews and paradigms of the researcher may create bias when applying qualitative research to the given scenario.

 

 

 

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Post for Writerpro

As discussed 

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

P-A3

Note:

I need full 5-8 pages paper in word document and excel sheet work (You will be using this template to complete the assignment) on the following instructions. Please carefully provide full 5-8 pages answer and follow the grading criteria. Include headings prior describing each new section. Must include 5-6 scholarly sources cited in APA. Your answer must be 100% original.

 

Instructions:

 

 

   
 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Business Research Project Part 2: Research Plan

 

This is the second part to a team assignment. I have attach the first part of this assignment for your review. I only need the highlighted part done.

 

Identify a population and a sample for your research.

 

Describe who will be chosen and how they will be accessed via your survey.

 

Determine the data collection process.

 

Describe the format of the survey and the basic item content to be gathered.

 

Determine how the survey will be distributed and collected.

 

 

 

 

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Integrative Deign

Part 1

What do you think are the differences between analyzing the instructional needs of a learner in a traditional K–12 school versus analyzing the instructional needs of a working adult in a corporate or higher education setting? What areas of needs analysis might be similar?

Part 2

How might you use the cognitive taxonomy to ensure that the identified instructional needs will be addressed during the instruction? How might you apply the affective taxonomy to ensure that identified instructional needs, in this domain, will be addressed during instructional activities? What examples support your thoughts?

Do you consider yourself a “lifelong learner”? How do you determine your own instructional needs? Why is it important to an instructional designer to think of an audience of individuals, rather than an audience as a homogeneous group? What are some ways through which you can differentiate an assignment to move from general audience to specific individualized audience?

 

In your own words, post a substantive response to the Discussion Board question(s) and comment on other postings. Your response should address the DB question(s) and move the conversation forward. You will be graded on the quality of your postings, including mastery of the concept as well as critical thinking. If asked for your opinion, do not simply state that it is a good or bad idea; elaborate on your reasons and argument. Include enough detail to substantiate your thinking as well as your position on the questions or comments.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Human Resourse Management

Please see the attachment

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

a 12 month insurence policy was purchased on dec. 1 for $4800 and the prepaid insurence account was initially increased…

a 12 month insurence policy was purchased on dec. 1 for $4800 and the prepaid insurence account was initially increased for the payment. the requiered adjusting journal entry on december31 includes a
 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"