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Discuss why closing entries are prepared at the end of the accounting period. How are the accounts affected?
Compare and contrast financial accounting and managerial accounting. Which may be more useful in your current or future job?
Identify and discuss at least three things you can do via QuickBooks to control A/R so that it does not become a bad debt expense for the firm.
Write a report to the company executives, state and support your decision on whether or not you recommend hiring more employees at this time.
Prepare a well-organized business report for House Tech. Discuss all relevant issues, including pros and cons of each course of action.
Find and discuss a current article concerning a financial accounting issue. Make sure that it is a financial accounting issue.
What information regarding inventories and property, plant, and equipment must be disclosed by Koch Corporation in the audited financial statements issued.
How would the company be affected if the check is written and the invoice ends up being erroneous?)
If you were the owner of a medium to large company, how could you use new technologies such as AI to support your daily operations?
List and discuss the unique difficulties of detecting fraud committed by international companies listed in US stock market.
In this recommendation, evaluate which estimates have been useful to perform this valuation.
Assuming your projected sales (and therefore tax bracket) are predicted to increase dramatically over the next 5 years, what should you do?
Discuss a current article concerning a financial accounting issue. Make sure that it is a financial accounting issue.
What specific areas of your computerized accounting system would you review to verify the legitimacy of this billing or to prove it's not an accurate billing?
Prepare entries that are complete for each month, including transferring posted entries to T accounts.
How does the issuance cost affect the investor's earnings from the bond purchases? How is the company's recognized interest expense affected?
What would motivate you to speak up? What would cause you to stay silent? Would it make a difference if this was only a one-time request from the CFO?
What are the other two? Which rule is followed by most states with respect to accountant's liability to third parties?
Discuss the employees is a salaried employee, while the other employees are hourly. FUTA tax rate is 0.6% (0.006) on the first $7,000.
Using 300 to 350 words, write a brief discussion, in your own words of how the article relates to the selected chapter Key Term.
Should business transactions credits and debits be recorded directly into the ledger accounts? What are the advantages of recording in the journal?
Why should managers strive for a balance of history-based, present, and future-oriented metrics of performance?
Using your corporation's information and what you have learned in this course, develop a memo to your client, using the outline presented.
Draft a brief response to Margaret sharing your findings and plan for how you will correct the errors in the computerized accounting software.
Identify and discuss at least three ways accountants could use charts with a focus on providing benefit to the reader. Justify your response.