• Q : Responsibilities of an accounts payable....
    Accounting Basics :

    Write all the duties and job responsibilities of an accounts payable analyst working in a pharmaceutical company which can be written in a resume when applying for a new job ?

  • Q : Different sets of accounting rules....
    Accounting Basics :

    Summarize the difference in income, total assets, and total stockholders' equity using the two different sets of accounting rules over the two year period.

  • Q : Total assets and total stockholders equity....
    Accounting Basics :

    Determine the difference in income, total assets and total stockholders' equity for the period of Years 1-6 under the two different sets of accounting rules.

  • Q : Gain or loss on early extinguishment of debt....
    Accounting Basics :

    How should gain or loss on early extinguishment of debt be determined? Does the early extinguishment of the 7% bonds result in a gain or loss? Explain.

  • Q : Objectives for nondepreciable property....
    Accounting Basics :

    Assess the financial reporting objectives for nondepreciable property and depreciable property. Recommend two additional reporting objectives for nondepreciable property.

  • Q : Most interest expense for jefferson....
    Accounting Basics :

    Journalize Jefferson's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at par value, 93, 105. Which bond price results in the most interest expense for Jef

  • Q : Current liabilities and long term liabilities....
    Accounting Basics :

    Report these liabilities on the Path Leader Wireless Balance Sheet, including headings and totals for current liabilities and long term liabilities.

  • Q : E-marketing and e-commerce consultant....
    Accounting Basics :

    You are an e-marketing and e-commerce consultant. Mary and Joe Johnson, the owners of Book Bunker, have hired you to help them improve their sales both online and in their store.

  • Q : Amount social security benefits taxable....
    Accounting Basics :

    They did not have any adjustments to income. What amount of Mr. and Mrs. Birch's Social Security benefits is taxable?

  • Q : Calculate the company predetermined overhead....
    Accounting Basics :

    Calculate the company's predetermined overhead application rate. Calculate the additions to the work-in-process inventory account for the direct material used, direct labor, and manufacturing overhe

  • Q : Net purchases at retail and net sales....
    Accounting Basics :

    Compute net purchases at retail and net sales for the month of September.

  • Q : Amount by which the operating income would change....
    Accounting Basics :

    Compute the amount by which the operating income would change if the order were accepted.

  • Q : Appropriate safeguards to minimize threats....
    Accounting Basics :

    Identify and evaluate three circumstances, unrelated to this case, which would threaten an audit firm's independence. Recommend the appropriate safeguards to minimize those threats.

  • Q : Reimbursement-related contract dispute....
    Accounting Basics :

    Research another example of a reimbursement-related contract dispute between the U.S. government and a contractor. Then create a short case study report, including the following topics:

  • Q : Prepare the year-end closing entries....
    Accounting Basics :

    Side Kicks has year-end account balances of Sales $890,540; Interest Revenue $13,760; Cost of Goods Sold $575,150; Operating Expenses $200,950; Income Tax Expense $36,810; and Dividends $20,095. Pre

  • Q : Underapplied overhead at the end of a month....
    Accounting Basics :

    Underapplied overhead at the end of a month: A) results when actual overhead costs are more than amounts applied to work in process B) is represented by a credit balance remaining in the manufacturing

  • Q : Income tax liability before any tax credits....
    Accounting Basics :

    In 2012, Apricot Corporation had book net income of $120,000. Included in book net income was a $10,000 capital gain. The $120,000 net income does not include a $15,000 capital loss carryforward ava

  • Q : Reducing the tax liability....
    Accounting Basics :

    How does the LIFO method help in reducing the tax liability? Does it always reduce the tax liability? If not, when does LIFO not reduce the tax liability? Can you explain with an example? In which i

  • Q : Estimate the number of workers weekly wages....
    Accounting Basics :

    The weekly wages of 1000 workers are normally distributed around a mean of Rs. 70 and a standard deviation of Rs. 5. Estimate the number of workers whose weekly wages will be:

  • Q : Determine the amount of ending inventory....
    Accounting Basics :

    The cost of purchasing units at year-end was cameras $70, DVD players $69, and iPods $78. Determine the amount of ending inventory at lower-of-cost-or-market.

  • Q : Stockholders equity at the end of specific year....
    Accounting Basics :

    Tiger Company's stockholders' equity at the beginning of the year was $192,000. During the year Tiger reported the following: What is Tiger's stockholders' equity at the end of the year?

  • Q : Compute the restated cash dividend per share....
    Accounting Basics :

    Calculate the restated cash dividend per share for 2009 reported in the 2011 annual report for comparative purposes.

  • Q : Net realizable value for the orange widgets....
    Accounting Basics :

    Assume you determined that the net realizable value for the orange widgets is $775 per unit, while the net realizable value less a normal margin is $745 per unit.

  • Q : Adjustment to the client financial statements waived....
    Accounting Basics :

    Create a scenario where the concept of "materiality" should be applied and an adjustment to the client's financial statements waived.

  • Q : Consolidating the financial statements....
    Accounting Basics :

    When the parent company of a foreign subsidiary believes that all of its investment in the subsidiary is exposed to foreign exchange risk, what method of translation should be used in consolidating

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