Entries by mary WAMBUGU

Below you will see an unadjusted trial balance run at year end ²ollowed by in²orma³on needed to make Bal³more Glass CompanyTrial BalanceDecember 31, 2015

There are two homework problems this week.  The first is below and the second one is on the second tab at the bottom left of the screen Below you will see an unadjusted trial balance run at year end followed by information needed to make adjusting entries. Baltimore Glass Company Trial Balance December 31, 2015 […]

 

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Understand Stockholders’ Equity: Classes of Capital Stock, be able to prepare the Stockholders’ EquityProperty, Plants, and Equipment / PPE (Capital Assets; ²ixed Assets). Understand journal entries for PPE and accumulated deprecia±on.

Answers to the 30 multiple choice questions 2 points each, 30 questions, for 60 point total   Points 1   < please record  1) Which of the following represents the largest number of common shares? 2      answer here a. Treasury shares 3   b. Issued shares 4   c. Outstanding shares 5   […]

 

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Bay Manufacturing produces paint. The company has two processes: mixing and packaging.The ingredients for the paint are mixed in large batches and then transferred to the packaging

Quiz #2Professor TalbotGrade0Save this Fle as:Name______________________________________Start ±me_________________²inish ±me__________________²all 2015ACCT 301UMUCWelcome to Quiz 3Once you open up the exam found in the assignment sec±on under quiz 3,You will have 2.5 hours to complete the quiz, closed book with no resources other than one page of yoPlease turn in the one page of personal notes with this […]

 

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Ace Specialties bought a delivery truck for $40,000 cash. The expected useful life is 5 years and the salvage vaAce uses a calendar year and the truck was purchased on July 1, 2015

There are three problems this week involving asset accounting.  Click on the tabs at the bottom of the  spreadsheet to go to each problem. Depreciation Ace Specialties bought a delivery truck for $40,000 cash.  The expected useful life is 5 years and the salvage value is $5,000. Ace uses a calendar year and the truck […]

 

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