External link to ACCOUNTING-Floppy Company uses the period method

ACCOUNTING-Floppy Company uses the period method

Floppy Company uses the period method and had the following inventory events during January:DateUnits PurchasedUnit CostDateUnits SoldUnit Sales PriceJan. 1150$7.00Jan. 2100$10.00Jan. 52257.20Jan. 712510.00Jan. 101007.50Jan. 127512.00Jan. 151507.80Jan. 1720012.50Jan. 202007.95Jan. 2415015.00Jan. 251508.00Jan. 30758.20Note: January 1 amount was the beginning inventory and unit value. (Round all total dollar values to the nearest dollar. Round all unit values to the nearest penny.)a. Calculate cost of goods available for saleb. […]

External link to ACCOUNTING-You are CFO of a large company that has a few subsidiaries.

ACCOUNTING-You are CFO of a large company that has a few subsidiaries.

You are CFO of a large company that has a few subsidiaries. A new board member is unfamiliar with consolidation procedures particularly with respect to the elimination of intercompany inventory transactions. Provide a summary of your talking points with the board member that addresses the elimination entries that are necessary as well as the distinction between upstream and downstream transactions.250 words minimum

External link to Earth Science-assume that a parcel of air coming off the pacific ocean

Earth Science-assume that a parcel of air coming off the pacific ocean

assume that a parcel of air coming off the pacific ocean is forced to rise up Mt. Olympus on the olympus peninsula of Washington State. Assume that at sea level, the parcel has a temperature of 16 C and a dewpoint of 10 C. Further assume that the environmental temperature at the top of the mountain is 0 C. At what elevation would you expect […]

External link to ACCOUNTING- Floppy Company’s December 31,2014 trial balance is as follows:

ACCOUNTING- Floppy Company’s December 31,2014 trial balance is as follows:

Floppy Company’s December 31,2014 trial balance is as follows:Floppy CorporationTrial BalanceDecember 31, 2014AccountDebitCreditCash$43,500Accounts Receivable53,500Allowance for Doubtful Accounts1,500Notes Receivable30,000Merchandise Inventory55,000Land20,000Building150,000Accumulated Depreciation, Building$15,000Equipment50,000Accumulated Depreciation, Equipment21,000Goodwill26,000Accounts Payable25,000Long Term Notes Payable75,000Common Stock, $10 par, 2,000 shares authorized & outstanding20,000Retained Earnings147,000Sales Revenue700,000Salaries Expense150,000Utilities Expense3,500Cost of Goods Sold350,000Administrative Expenses55,000Sales Expenses15,000_______ Totals$1,003,000$1,003,000Additional Information: a. Notes Receivable is a 3-months, 6% note accepted on November 1, 2014. b. Long Term Notes Payable is […]

External link to the systems that had to evolve to support cellular respiration in multi

the systems that had to evolve to support cellular respiration in multi

1. List the systems that had to evolve to support cellular respiration in multi-cellular animals? (I can come up with three, how about you?). 1. 2. 3. 2. List the systems that either evolved by piggybacking on the ones above or evolved to compensate for potential problems caused by the systems listed above. (I can come up with three, how about you?). 1. 2. 3. […]

External link to ACCOUNTING-Week 8 – a Word document for you to create, save, and submit

ACCOUNTING-Week 8 – a Word document for you to create, save, and submit

Week 8 – a Word document for you to create, save, and submit. Always include your name and adescriptive title in the file name.Essay in word for you to prepare:1. Fraud Detection and Deterrence (www.acfe.com)2. Internal Control (COSA: see www.theiia.org)3. Certification: CFE, CIA, and CISA (return to www.isaca.org)Ask questions!Your essay should be single spaced, double spacing between paragraphs. Use headers within thedocument. We are writing […]

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