Acct 505-Midterm

I chose to do the write-up assignment on problem number three of signature write up assignment number 2 because these problems relate to what I do for a living, and that is nursing. In the clinical area, I am constantly checking and double checking my medications and dosage calculations to provide the best care and to most importantly avoid medication errors that can be potentially harmful if administered incorrectly. These questions were challenging and required critical thinking skills to come up with correct answer.

are costs that have already been incurred and cannot be changed by any decision made

In April of 1979, a U.S. court finds the Beatle 's former manager _________ guilty of tax evasion and he is sentenced to serve two months of a two-year sentence in prison.

Now one must ascertain that such regulations would only be applied under certain governance systems- a good government; a government that is liable to the people. In such cases, there should be funds available for social programs. I will classify social programs as two types, based on how they should prioritizes allocation of funds:

Date: Name: ID: Answer the following Questions: 1. Tower Inc. owns 30% of Yale Co. and applies the equity method. During the current year, Tower bought inventory costing $66,000 and then sold it to Yale for $120,000. At year-end, only $24,000 of merchandise was still being held by Yale. What amount of inter-company inventory profit must be deferred by Tower? A. $6,480 B. $3,240 C. $10,800 D. $16,200 E. $6,610 2. All of the following statements regarding the investment account using the equity method are true except A. The investment is recorded at cost B. Dividends received are reported as revenue C. Net income of investee increases the investment account D. Dividends received reduce the investment account E.

Discuss filing requirement? - Filing requirements are specified by law for each type of taxpayer. In addition, all corporation must file a tax return annually regardless of their taxable income. Therefore, estates and trusts are required to file annual income tax returns if their gross income exceeds $600. In the filing requirements for individual taxpayers are a little more complex as they depend on the taxpayer’s filing status, age and gross income. The gross income thresholds are calculated as the sum of the standard deduction, additional deduction for taxpayers age 65 or older and personal exemptions that should be applied to each respective filing status. In addition, the amounts are indexed each year for inflation. Thus, when a taxpayer is due a refund which happened to occur only when

I am in receipt of the Court Order in the above referenced matter dated January 26, 2017 appointing me to conduct a forensic evaluation. To date, the evaluation has begun and appointments are ongoing and have been scheduled through the end of July.

| (TCO D) The basis for classifying assets as current or noncurrent is conversion to cash within

Reduction below list or catalog price that is negotiated in setting the price of goods.

Access the "Litigation" section of the SEC's website at www.sec.gov/litigation.shtml. Click on "Accounting and Auditing Enforcement Releases." Click on "AAER-3234" filed January 20, 2011. Read the release and the related SEC Complaint. Summarize the release and complaint in 2-3 pages (12-point, double spaced).

Explain and evaluate: “if resources were infinitely abundant in relation to the demand for them, the economizing problem would dissolve in a sea of affluence.”

My name is Andrew Rodgers and I work for PwC. I was contacting you regarding a confirmation and reconciliation for bank account #FR7610188068014801005700178 at Banque Chalus. We received an excel spreadsheet with the information of the bank but have yet to receive anything else.Our team is going to need both a confirmation and a reconciliation to perform necessary audit procedures. If you could please get back to me with the status of these documents it would be greatly appreciated.

2. Another advantage of using this method requires a calculation of one cost and to use this cost for all calculations, thus making paperwork easier. The need for detailed records for each purchase is unnecessary; businesses would maintain records for totals only. Weighted average is good for companies with commoditized items such as computers, auto parts, oil, or even air transportation services.

In ED 505, one of the requirements was to obtain a Twitter account and tweet weekly information that pertained to professional development. This assignment was very effective. I was given an opportunity to experience collaboration through an online learning environment that was common between my classmates and I. This task also reminded me that as an educator, I should be a life-long learner. Therefore, it’s vital that I stay current on best practices in an effort to remain an effective teacher. This assignment made this task manageable. Prior to the having the Twitter account, I didn’t possess the expertise of locating professional development opportunities that would be favorable for my career. Now, I have the confidence to research and seek

Compute the equivalent units of production and the cost per equivalent units for materials and for conversion costs.