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Course project notes to the financial statement - develop notes to the financial statements. Develop a Course Project having to do with writing notes for a fictitious annual report. You are not to use actual notes, or the notes from any other company, because this would be considered plagiarism (and if discovered, would result in a grade of "F," or zero points for the assignment).Your project should consist of, the items below.
Note 1: Significant Accounting Polices (consisting of at least 10 items) Notes 2-10+: Consisting of at least the items below.Inventory Property, Plant, & Equipment Contingencies and Liabilities Changes in Accounting Principles or Estimates Post Balance Sheet Events Mergers and Acquisitions Lease Obligations EPS Long-Term Debt Employee Pension Obligations.
GuidelinesThe notes will include as "Summary of Significant Accounting Principles" as Note 1. The notes will then include detailed information about the 10 different items that are usually contained in the notes to the financial statements.
From the following data, prepare a classified balance sheet for Simon Company at December 31, 2006.
Survival Industries, Inc. purchased a boat at a cost of $360,000-Compute the depreciation expense for 2014
Dean signed an agreement to sell the plant for $350,000 January 1 year 10 and Lease it back for $15,000 per year, deans incremental borrowing rate is 6%. Present value factors for annuity
Compute the net cash provided by operating activities using the indirect method assuming that net income was $125,000 for the year.
Prepare the entry required on December 31, 2013, to record the payment of the first 6 months' interest and the amortization of premium on the bonds.
What major benefits do corporations and investors enjoy due to the existence of organized security exchanges?
A toffee company discovers that its competitor is producing and selling what appears to be its patented toffee-coated popcorn for a cheaper price.
Assume that the fair value of the Dryer division is $1,100,000 instead of $1,250,000. Prepare the journal entry to record the impairment loss, if any, on December 31, 2004.
Calculate the total drill and blast cost based on the blasting costs
Imagine you are the Director of Internal Audit and executive management has asked you to work with the Chief Information Officer to evaluate the security over Information Technology.
The following information was available for Bowyer Company at December 31, 2010: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $660,000; and sales $900,000. Bowyer's inventory turnover ratio in 2010 was:
In the past (20 to 30 years ago) people relied solely on defined benefit plans and social security for their retirement planning. I wonder if the baby boomers started realizing the potential shortcomings and decided to start saving for retirement ..
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