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CONTENTS Description of the Business ………………………………………………………………. 1 Operations ………………………………………………………………………………………. 1 General Ledger ……………………………………………………………………………….. 3 Accounts Receivable Ledger …………………………………………………………….. 20 Accounts Payable Ledger …………………………………………………………………. 23 General Instructions and Transactions for January……………………………….. 25 January Analysis ……………………………………………………………………………… 27 General Instructions and Transactions for February……………………………… 35 February Analysis ……………………………………………………………………………. 37 General Instructions and Transactions for March…………………………………. 45 March Analysis… Continue reading Petty Cash case study notes

FUNDAMENTALS OF ACCOUNTING II   Homework Exercises  –   Chapter 24       SE5   Noway Jose Communications, Inc., is considering purchasing a new piece of computerized data transmission equipment.  Estimated annual net cash inflows for the new equipment are $590,000.  The equipment costs $2 million, it has a five-year life and it will have… Continue reading Efficiency variances and the fixed overhead budget

Discussion Topic: Annual Reports of the Coca-Cola® Company and Wal-Mart® For this week’s Discussion, you will review the annual reports of the Coca-Cola Company and Wal-Mart, two of the largest publicly traded firms in America. Coca-Cola and Wal-Mart Receivable Comparison Compute and compare the accounts receivable turnover ratios for Coca-Cola and Wal-Mart. Indicate all numbers… Continue reading Annual Reports of the Coca-Cola study

Authors: Publisher: Business and Its Environment 6th Edition, 2010 ISBN-13: 9780136083924 David P. Baron Pearson Prentice Hall 925 N. Spurgeon Street, Santa Ana, CA 92701 Phone: 714-547-9625 Fax: 714-547-5777 12/14 BAM 406 Business and Society C h a lle n g e E xa m in a ti o n         All… Continue reading Business and Its Environment study

Which group of tactics would be most commonly used to increase asset turnover? Increase capacity to lower plant utilization to minimum levels, increase contribution margins, & increase ROS Lower capacity to increase plant utilization to maximum levels, increase contribution margins, & increase ROS Increase capacity to lower plant utilization to minimum levels, decrease contribution margins,… Continue reading Increase asset turnover assignment

1) Boxer Corporation buys equipment in January of the current year with a 7-year class life for $15,000. The corporation expensed the $15,000 under Sec. 179. The deduction in the year of purchase for E&P purposes due to the acquisition and expensing of the equipment is A. $3,000 B. $14,000 C. $15,000 D. $1,500 2)… Continue reading Acquisition and expensing case study

Ken Ham started his own consulting firm, Hambone Consulting, on May 1, 2010. The trial balance at May 31 is as follows. HAMBONE CONSULTING Trial Balance May 31, 2010 Account Number Debit Credit 101 Cash $ 5,700 112 Accounts Receivable 6,000 126 Supplies 1,900 130 Prepaid Insurance 3,600 149 Office Furniture 10,200 201 Accounts Payable… Continue reading Consulting firm case study assignment

D. J. Masson Inc. recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 5.5%. If the current market interest rate is 7.0%, at what price should the bonds sell?   Get Professional Assignment Help Cheaply Are you busy and do not have time… Continue reading Noncallable bonds case study

“The Kollar Company has a defined benefit pension plan. Pension information concerning the fiscal years 2011 and 2012 are presented below ($ in millions): Information Provided by Pension Plan Actuary: a. Projected benefit obligation as of December 31, 2010 = $1,800. b. Prior service cost from plan amendment on January 2, 2011 = $400 (straight-line… Continue reading Benefit pension plan case study