Exercise 1: On January 1‚ 2010‚ Trenton Company purchased a machine costing $50‚000. Trenton also incurred the following costs: transportation‚ $1‚000; installation‚ $2‚000; and sales tax‚ $3‚000. Prepare the journal entry to record the machine acquisition assuming cash was paid. Exercise 2: Hi-Crest Company purchased a machine on January 1‚ 2010‚ for $300‚000. The machine has an estimated useful life of 5 years and a $10‚000 residual value. Calculate depreciation expense and the year-end book
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LJB Company: Internal Controls LJB Company: Internal Controls Contents Introduction 3 Internal Control Requirements 2 Strengths and Recommendations 2 Violations 3 Conclusion 4 Works Cited 4 Introduction LJB Company has asked the accounting firm to evaluate their system of internal controls because of the plan to go public in the near future. The president wants to be aware of any new regulations required of his company if they go public. The current system of internal controls
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two quite different industries – pharmaceutical and retail. In addition‚ there are longer-range concerns about capacity constraints in the face of rapidly growing demand. 1. Identify and assess the operations problems occurring at The Morrison company. o Significant increases in sales and shortage of available raw material cause problems in the production process o There are inefficiencies that are caused by a shortage of materials‚ especially in ICs‚ because the producers reduced their stock
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ALL ABOUT AMPERE MACHINE ABEGAIL LALOMA CARLA DUMALE AMPERE Metric (SI) unit of electrical current. One ampere is the amount of current flowing with an electromotive force of one Volt in a circuit having a resistance of one Ohm. Named after the French mathematician and physicists Andre Marie Ampere who discovered the basic laws of electromagnetism. AMPERE’S FORCE LAW Ampere’s force law states that there is an attractive or repulsive force between two parallel wires carrying an electric
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Inflatable air bag Alternate drying mechanism in automatic washing machine Product Design Lab 1 Group 5 Pre-requisites • • • • • • Easy operation Safe Greater power and water efficiency Reasonably priced Substantial drying of clothes Minimal wear of clothes Patented in 1957‚ the mechanism alongside uses a mechanical piston to squeeze water out of the clothes Brainstorming & categorization of modules Mechanical Thermal Chemical Electrical Mechanism
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The poor get poorer and rich get richer. In The Time Machine by H. G. Wells‚ that statement is true due to the way society has seemed to devolve‚ at least in the eyes of an unnamed Time-Traveler‚ by the year 802‚701 CE. To convey his message of how humans will be driven apart by social class‚ Wells uses technology and the relationship between the two sub-species of humanity. Technology‚ and the ability to use it‚ is a sign of heightened intelligence. For example‚ the Time-traveler‚ in reference
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FIN 485 – Brief Case #5 The Morrison Company December 5‚ 2013 Case Overview/Key Issues The Morrison Company is a manufacturer of Radio Frequency Identification Tags (RFID). These tags can be scanned from small distances away and are used to track items in the shipping and supply chain process. The Morrison Company provides RFIDs to companies in the Pharmaceutical and Retail industries. The company has seen a large increase in sales over the past year‚ which has forced production to increase as
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Central Issues When looking at the Donner Company in 1987‚ there are some initial concerns. The company as a whole does not have a true sense of how long it takes them to do what they do‚ and their process flow table is made up of "guesstimates"‚ as throughput time at individual processes have not been formally taken. The company appears to be operating below capacity based on their need to rework their products often‚ find things for people to do‚ and meet deadlines that are based on fuzzy estimates
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Corporation headquartered in Seoul‚ Korea. The company was incorporated in the year 1995. The company is having their head office at Delhi and branch office at 16 locations all over the India. Their manufacturing facilities are located at Noida in Uttar Pradesh and Sriperumbudur in Chennai. The company is having two R&D centres in India‚ at Bangalore and Noida. Both the R&D centres are involved in cutting edge research and development. The company is dealing in the business of IT‚ Consumer Electronics
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Format: Font Style/Size: Calibri – 12 Margins: Normal Size: Legal 8.5” x 14” Header and Footer : (same as this document) Part 1: Source Code *Use 2 Columns for the Source Code Part 2: Screen Shoots Note: This Machine Problem is compose of four problems .Just copy and paste your source code on a word document then print the screen shots after to show the output. Save your work on a rewritable CD. Submit your work with a long brown envelope. Problem 1: “ The Name Game” The name game takes
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