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Problem 1. Design tests of controls, analytical procedures and substantive tests of transactions for the inventory and warehousing cycle.
Problem 2. Design tests of controls, analytical procedures and substantive tests of transactions for the cash cycle.
Accounting and Partnership problems
Using information, complete the worksheet on the subsequent page for Mann's Copy Shop for the month of September you have to prepare for the month ending 30 th September, 2008:
Describe the objectives, standards of comparison, sources of information, and compensation issues in measuring financial performance and apply horizontal analysis, trend analysis, vertical analysis, and ratio analysis to financial statements.
Stephenson Company's computer system recently crashed, erasing much of the Company's financial data. The following accounting information was discovered soon afterwards on the CFO's back-up computer disk. Cost of Goods Sold $439,800
1) Show how the lessor determines the lease payment; 2) Prepare the appropriate entries for both the lessee and the lessor from the inception of the lease through the return of the equipment back to the lessor.
Write a 350- to 700-word article analysis in which you identify situations that might lead to unethical practices and behavior in accounting.
Describe what outsourcing is and whyits importance is increasing and explain the applications of outsourcing in accounting and their implications on the profitability and quality of information of a company.
question 1 perform the acl tests. hand in a report illustrating the audit tests and your conclusions about the results
CASE 1: Sanders cycle company job order costing, Prepare journal entries, with supporting calculations if necessary, to record the following events during December.
The interest rate charged the lessee was 10 percent. Under the new ASU, the balance in the right-of-use asset after 2 years will be:
What is the balance in Paid-in Capital from Sale of Treasury Stock on December 31, of the current year
Bodily had an unused $120,000 net operating loss carry forward from 2011 when the tax rate was 40%. Evaluate bodily's income tax payable for 2013
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