E5-2 (Classification of Balance Sheet Accounts) Presented below are the captions of Nikos Company’s balance sheet.
(a) Current assets.
(b) Investments.
(c) Property, plant, and equipment.
(d) Intangible assets.
(e) Other assets.
(f) Current liabilities.
(g) Non-current liabilities.
(h) Capital stock.
(i) Additional paid-in capital.
(j) Retained earnings.
Indicate by letter where each of the following items would be classified.
1. Preferred stock. H
2. Goodwill. D
3. Salaries and wages payable. F
4. Accounts payable. F
5. Buildings. C
6. Equity investments (trading). A
7. Current portion of long-term debt. F
8. Premium on bonds payable. G
9. Allowance for doubtful accounts. A
10. Accounts receivable. A
11. Cash
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XXX
Additional paid-in capital: Premium on common stock.......................... XXX
Total paid-in capital .................................. XXX
Retained earnings................................................... XXX Total paid-in capital and retained earnings ................................... XXX
Less: Treasury stock, at cost...................... (XXX) Total stockholders’ equity...................... XXX Total liabilities and stockholders’ equity ................................... $XXX
E5-12 (Preparation of a Balance Sheet) Presented below is the trial balance of Vivaldi Corporation at December 31, 2012. Debits Credits
Cash $ 197,000
Sales $ 7,900,000
Debt Investments (trading) (cost, $145,000) 153,000
Cost of Goods Sold 4,800,000
Debt Investments (long-term) 299,000
Equity Investments (long-term) 277,000
Notes Payable (short-term) 90,000
Accounts Payable 455,000
Selling Expenses 2,000,000
Investment Revenue 63,000
Land 260,000
Buildings 1,040,000
Dividends Payable 136,000
Accrued Liabilities 96,000
Accounts Receivable 435,000
Accumulated Depreciation—Buildings 352,000
Allowance for Doubtful Accounts 25,000
Administrative Expenses 900,000
Interest Expense 211,000
Inventory 597,000
Extraordinary Gain 80,000
Notes Payable (long-term) 900,000
Equipment 600,000
Bonds Payable 1,000,000
Accumulated
A description of the social, economical and cultural factors that will impact on the lives of children and young people.
The United Nations is an organization established 24 October 1945. It was a replacement for the League of Nations. The UN was created following the Second World War to prevent another such conflict. The organization is financed by giving its member states a substantial fee. Its objectives include maintaining international peace and security, promoting human rights, fostering social and economic development, protecting the environment, and providing humanitarian aid in cases of famine, natural disaster, and armed conflict.
I work for the City Health Care Partnership within the Primary Care Medical Services, I work for 4 different GP practices as the Data Quality Manager but main base been at Kingston Medical Centre in the Central appointments team, at Kingston Medical Centre we have 4 full time GP’s, 3 Nurses, 2 Health Care Assistants, 7 Receptionists, 2 Admin members based in the Central appointments
Which of the two banks or credit unions that you researched would you be most likely to choose to open an account with? Why? (2-4 sentences. 2.5 points)
3. Considering your answers to Questions 1 and 2, why did activity in Annie’s motor nerves produce a skeletal muscle response that fatigued during repetitive stimulation?
1. Explain what functions racial beliefs serve for the dominant group according to the functionalist perspective. Conversely, explain what dysfunctions to society are caused by prejudice and discrimination.
Academics, Attitude, and Effort are what I learned to help me achieve my targets in high school, and will be the same for college. What I want to experience at CBU is their immense amount of resources that will benefit me in a major or career that I want to be in, however, right now I am undecided. With my attitude at CBU will help me experience great effects on what I could do to exceed in life. With my effort I know my experience will be a tremendous including social life, so knowing I will get to know my professors with the ratio being 17:1 in almost every class at CBU.
1. In the first paragraph of the declaration, Jefferson states the reason for the writing of this document. What reason does he give?
the case of a warning. It can be vital to make a person’s quality of life
Energy keeps all living organisms alive, as they need a continual supply of energy to function in order to survive. Some of these processes are continuous such as, metabolism, which is the chemical reactions which occur in the body, these occur by using or releasing energy from chemical substances. Another continuous process which use energy is the transporting of molecules in order for them to break down, and to build new ones. The breakdown of large molecules into their simpler forms to release energy is known as catabolism, for example, when glucose is used in a cell to release energy. And the opposite reaction, is called anabolism. This is when energy is used to build complex structures from simple cells, for example, tissue growth and
1. A company’s ending accounts receivable balance and the period’s advertising expense would be found on which financial statements, respectively
The company is in direct violation of the ADEA of 1967 which states (2)“certain applicant and employees who are 40 years of age and older are protected from discrimination on the basis of age in hiring, promotion, discharge, compensation, or terms, conditions or privileges of employment.” In this case the 68 year old employee could sue the company based on Age Discrimination and win.
A tenet of that theory is that enlightened egoists will recognize that socially responsible behavior will benefit them.
Senior management at DLiS decided that the existing risk management plan for the organization is out of
30. The manager of the local National Video Store sells videocassette recorders at discount prices. If the store does not have a video recorder in stock when a customer wants to buy one, it will lose the sale because the customer will purchase a recorder from one of the many local competitors. The problem is that the cost of renting warehouse space to keep enough recorders in inventory to meet all demand is excessively high. The manager has determined that if 90% of customer demand for recorders can be met, then the combined cost of lost sales and inventory will be minimized. The manager has estimated that monthly demand for recorders is normally distributed, with a mean of 180 recorders and a standard deviation of 60. Determine the number of recorders the manager should order each month to meet 90% of customer demand.