Wiley Plus Wk 2 Ex & Prob ACC/291 August 6‚ 2012 Wiley Plus Wk. 2 Ex & Prob E8 – 3 Date | Account Titles and Explanation | Debit | Credit | 31 – Dec. | Bad Debts Expense Accounts receivable-Fell | 1‚400 | 1‚400 | | | | | 31 – Dec. | Bad Debts Expense (840‚000 – 30000)*1% Allowance for Doubtful accounts | 8‚100 | 8‚100 | | | | | 31 – Dec. | Bad Debts Expense Allowance for Doubtful Accounts (120‚000*10%)-2100 | 9‚900 | 9‚900 | | | | | 31 – Dec.
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D2ACC100 FINANCIAL ACCOUNTING MID SEMESTER EXAM REVISION COMPILATION D2 ACC 100 D2 ACC 100 ACKNOWLEDGEMENT: * Extracted from Past Year Mid Term Exam Paper: D2ACC100 – SEM 1‚ 2006 – SEM 3‚ 2007 * Original idea belongs to Mr Gooi Chee San * Some of the questions have been modified to cater the needs of current student Sem 3‚ 2007 Question 3 Cabao is a financial consultancy firm. It updates its accounts everyday. Indicate the immediate effect of the following errors
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Exercises and Problems –W2 E9-1 The following expenditures relating to plant assets were made by Spaulding Company during the first 2 months of 2011. 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan
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negative impact on the bottom- line of the organization. Another alternative will be to keep the original dates of the conference and move it to a different city. Time constraint could make this alternative challenging. The conference is in two weeks therefore moving the
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relating to industry‚ years of education‚ and gender for each worker. A) Which of the 12 variables are qualitative and which are quantitative? 1) Annual wage in dollars 2) Industry (1 = Manufacturing‚ 2 = Construction‚ 0 = Other) 3) Occupation (1 = Mgmt.‚ 2 = Sales‚ 3 = Clerical‚ 4 = Service‚ 5 = Prof.‚ 0 = Other) 4) Years of education 5) Southern resident (1 = Yes‚ 0 = No) 6) Non-white (1 = Yes‚ 0 = No)
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..................................................................................... 8 Appendix A: Firewall Concept and Responsibility (Figure 1).............................................. 8 Appendix B: SWOT Analysis Example (Figure 2)................................................................. 9
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Responsibility Essay‚ due in Week Five‚ which includes the following: • Define what personal responsibility means to you. • Explain the relationship between personal responsibility and college success. • Include a preliminary plan to practice personal responsibility in your education. This week‚ using the Center for Writing Excellence resources‚ provide the thesis statement and informal outline for your Personal Responsibility Essay assignment‚ due in Week Five. Thesis Statement:
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counseling and life/career coaching 2. What heading are the Health Tools and Health Challenges found under? The Health Tools and Health Challenges are found under the Thriving heading. 3. Where is the Assess Your Health tool located? The Assess Your Health tool is located in Health Tools under the Thriving heading. 4. What are the five categories on the Live Healthy Page? The five categories on the Live Healthy Page are 1: How healthy are you? 2: Lifestyle Change. 3: Physical Fitness
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Human growth and development theories Theories were established in learning the dynamic aspects of human growth and development. Human growth refers to the physical aspects that occur as human life exist from the start of conception to the end of life. It can be quantified and measured through an individual’s physiological attributes such as the height‚ weight‚ dental progression‚ and bone structure. Development pertains to the stages and characteristics describing the complexity of cognitive skills
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the period in which the sale was made. There are three essential accounting features to the allowance method: 1. Uncollected debt for accounts receivable are matched against revenues within the same accounting period in which they are recorded. 2. Estimated uncollected debt are debited to bad debts expense and credited to Allowance for Doubtful Accounts via an adjusting entry at the end of each period. 3. Allowance for Doubtful Accounts are actually debited and credited to accounts receivable
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