ahti3131

1- Omar Co. maintains a monthly petty cash fund of 1,800 SAR. InSeptember 2017, there are several withdrawing from the petty cashas follows:

o Travel expenses 410

o Mail postage 324.80

o Office supplies 270

o Petrol supplies 365.50

o Customer business lunches 193 The balance of petty cash in30th of September 2017 was 232.70

a. How much cash is required to replenish the petty cashfund?

b. Journalize the replenish petty cash fund? (3 Marks)

The balance in petty cash book represent an asset

How are goods on consignment accounted for?

Consignment account is of the nature of real account?

14. Which of the following journal entries woulddecrease stockholders' equity?

A) Debit Prepaid Insurance and credit Cash

B) Debit Unearned Revenue and credit Service Revenue

C) Debit Supplies and credit Accounts Payable

D) Debit Insurance Expense and credit Cash

1. Which of the following identifies the proper order of theaccounting cycle?

A. Analyze, Journalize, Unadjusted Trial Balance

B. Analyze, Post, Unadjusted Trial Balance

C. Journalize, Post, Adjusted Trial Balance

D. Unadjusted Trial Balance, Adjusted Trial Balance, Close

E. Adjusted Trial Balance, Adjustments, Financial Statements

2. Interim financial statements refer to financial reports:

A. That cover less than one year, usually spanning one, three orsix-month periods

B. That are prepared before any adjustments have beenrecorded

C. That show the assets above the liabilities and theliabilities above the equity

D. Where revenues are reported on the income statement when cashis received and expenses are reported when cash is paid

E. Where the adjustment process is used to assign revenues tothe periods in which they are earned and to match expenses withrevenues

3. The accounting principle that requires revenue to be reportedwhen earned is the:

A. Matching principle

B. Revenue recognition principle

C. Time period principle

D. Accrual reporting principle

E. Going-concern principle

4. Adjusting entries:

A. Affect only income statement accounts

B. Affect only balance sheet accounts

C. Affect both income statement and balance sheet accounts

D. Affect only cash flow statement accounts

E. Affect only equity accounts

5. The system of preparing financial statements based onrecognizing revenues when the cash is received and reportingexpenses when the cash is paid is called:

A. Accrual basis accounting

B. Operating cycle accounting

C. Cash basis accounting

D. Revenue recognition accounting

E. Current basis accounting

6. If throughout an accounting period the fees for legalservices paid in advance by clients are recorded in an accountcalled Unearned Legal Fees, the end-of-period adjusting entry torecord the portion of those fees that has been earned is:

A. Debit Cash and credit Legal Fees Earned

B. Debit Cash and credit Unearned Legal Fees

C. Debit Unearned Legal Fees and credit Legal Fees Earned

D. Debit Legal Fees Earned and credit Unearned Legal Fees

E. Debit Unearned Legal Fees and credit Accounts Receivable

7. A company had no office supplies available at the beginningof the year. During the year, the company purchased $250 worth ofoffice supplies. On December 31, $75 worth of office suppliesremained. How much should the company report as office suppliesexpense for the year? A. $75 B. $125 C. $175 D. $250 E. $325 8. OnJanuary 1 a company purchased a five-year insurance policy for$1,800 with coverage starting immediately. If the purchase wasrecorded in the Prepaid Insurance account and the company recordsadjustments only at year-end, the adjusting entry at the end of thefirst year is:

A. Debit Prepaid Insurance, $1,800; credit Cash, $1,800

B. Debit Prepaid Insurance, $1,440; credit Insurance Expense,$1,440

C. Debit Prepaid Insurance, $360; credit Insurance Expense,$360

D. Debit Insurance Expense, $360; credit Prepaid Insurance,$360

E. Debit Insurance Expense, $360; credit Prepaid Insurance,$1,440

9. Unearned revenue is reported on the financial statementsas:

A. A revenue on the balance sheet

B. A liability on the balance sheet

C. An unearned revenue on the income statement

D. An asset on the balance sheet

E. An operating activity on the statement of cash flows

10. Which of the following assets is not depreciated?

A. Store fixtures

B. Computers

C. Land

D. Buildings

E. Vehicles

11. On April 30, 2011, a three-year insurance policy waspurchased for $18,000 with coverage to begin immediately. What isthe amount of insurance expense that would appear on the company'sincome statement for the year ended December 31, 2011? A. $500 B.$4,000 C. $6,000 D. $14,000 E. $18,000 12. Expenses incurred butunpaid that are recorded during the adjusting process with a debitto an expense and a credit to a liability are:

A. Intangible expenses

B. Prepaid expenses

C. Unearned expenses

D. Net expenses

E. Accrued expenses

13 The difference between the cost of an asset and theaccumulated depreciation for that asset is called

A. Depreciation Expense

B. Unearned Depreciation

C. Prepaid Depreciation

D. Depreciation Value

E. Book Value

14. A company purchased a new truck at a cost of $42,000 on July1, 2011. The truck is estimated to have a useful life of 6 yearsand a salvage value of $3,000. How much depreciation expense willbe recorded for the truck for the year ended December 31, 2011?

A. $3,250

B. $3,500

C. $4,000

D. $6,500

E. $7,000

15. A company's Office Supplies account shows a beginningbalance of $600 and an ending balance of $400. If office suppliesexpense for the year is $3,100, what amount of office supplies waspurchased during the period?

A. $2,700

B. $2,900

C. $3,300

D. $3,500

E. $3,700

Completely and Precisely Define the Following Terms

The accrual basis of accounting:

The Matching principle:

Name and define one type of adjusting entry where cash is paid(or received) BEFORE Expenses or Revenues are Recognized:

Name and Define one type of adjusting entry where cash is paid(or received) AFTER Expenses or Revenue are Recognized:

Adjusted Trial balance:

Under accrual-basis accounting

Under accrual-basis accountingnet income is calculated by matching cash outflows against cash inflows.cash must be received before revenue is recognized.events that change a company's financial statements are recognized in the period they occur rather than in the period in which cash is paid or received.the ledger accounts must be adjusted to reflect a cash basis of accounting before financial statements are prepared under generally accepted accounting principles.

Governmental fund statements are prepared using:

generally accepted accounting principles allowscompanies to issue financial statements using either the cash basisof accrual basis of accounting dependent on their needs

“Accrual basis of accounting” is the only method accepted by Generally accepted accounting principles (GAAP). Is this statement correct or not?

Is it generally accepted accounting principles require accrual-basis accounting?

Generally accepted accounting principles requires that the companies use which of the following accounting:

1. Accrual Accounting

2. Cash Basis of Accounting

3. None of the above

Accrual concept implies accounting on cash basis?

Go to the FASB Accounting Standards Codification.

1. Determine the specific citation for allowing short-termliabilities expected to be refinanced to be classified as long-termliabilities.

2. Determine the specific citation for when a contract doesn'texist for purposes of recognizing revenue.

Explain with examples how the following leadership styles influence compliance with health and safety standards in a mine:

• Transformational Leadership.
• Delegative Leadership.
• Authoritative Leadership.
• Transactional Leadership.
• Participative Leadership.
• Servant Leadership.

1. What is the specific citation that requires a company toidentify and describe in the notes to the financial statements theaccounting principles and methods used to prepare the financialstatements?

2. What is the specific citation that describes the additionalinformation for earnings per share that must be included in thenotes to the financial statements?

3. The accrual of restructuring costs creates obligations(liabilities) referred to as exit or disposal costobligations. What is the specific citation that addresses theinitial measurement of these obligations?

4. What is the specific citation providing indicators thatcontrol has passed from the seller to the buyer, such that it isappropriate to recognize revenue at a point in time? [Note: This ispending content in the data base.]

5. What is the specific citation that describes disclosure ofaccounting policies for credit losses and doubtful accounts?

6. What is the specific citation indicating the circumstanceswhen it is appropriate to initially measure agricultural inventoryat fair value?

7. What is the specific citation that indicates the criteria fordetermining commercial substance in a nonmonetary exchange?

8. What is the specific citation that prescribes the disclosurerequirements for interest capitalization?

9. What is the specific citation that discusses the disclosuresrequired in the notes to the financial statements for theimpairment of long-lived assets classified as held and used?

10. What is the specific citation that describes the guidelinesfor determining when an expense and liability should be accrued fora contingent loss?

accounting codification

What is the specific citation that describes the guidelines fordetermining when an expense and liability should be accrued for acontingent loss?

What is the difference between a current liability and acontingent liability? Give an example of each. How are theaccounting treatments different for each of these?

Differentiate between provision and contingent liability?

Please help me with this, If you can not please leave a comment

** 2 Parts** A blood concentration of .250% of ethanol C2H5OH can induce unconsciousness. In the US a 12 fluid ounce glass of beer containing 5.00% of ethanol is considered to be 1 standard drink.

A) How many glasses of beer would a man with a blood volume of 6.10 L have to drink in order to deliver .250% alcohol into the blood?

B) Explain why the man does not actually become unconsciius by drinking this amount of beer.

*** PLease show work so I can follow set-up to solution. Thanks!!**

Info:

Density of C2H5OH: 0.789 g/cm3

1 fl oz = 29.57 mL

1 cm3 = 1 mL

MW of C2H5OH = 46.0 g/mol

A 12 fl oz can of Coors Light is labeled as having 4.2% alcoholcontent. (note this is % volume, also written as v/v%). Consideringthat ethanol (C2H60) is the alcohol used, what is the molarity ofethanol in one can.

(1 fl oz = 28.4 ml) (density of ethanol = 0.789 g/ml)

the anwer is 0.720 M. please show work. thanks.

The ethanol content of Scope mouthwash is 18.9% (v/v). What is the total amount of ethanol in 16 fluid ounces? (16 fl. oz = 473 ml)

How many mL of ethanol are contained in a 90.-mL portion of a mouthwash that has

7.4% (v/v)

of ethanol?

How many mL of ethanol are contained in 425 mL of a 7.50% v/v ethanol solution?

How many mL of ethanol are present in 250.0 mL of a 7.50 % (v/v) ethanol solution?

How many kmol of ethanol are in a 5000kg solution where
𝑤𝑒 = 0.95?
• How many kmol of ethanol are in a 5000kg solution where
𝑥𝑒 = 0.95 (and the rest is water)?

Propaganda is a common technique of persuasion used by government agencies, political campaigns, special interest groups or other organizations to build emotion for their cause or against the other. These propaganda tools are seen in all aspects of our everyday life. They appear in magazines and newspapers, on the television and radio, on billboards and other public advertisements. Some are attempts to persuade, others to educate and still others to discount opposing perceptions.

• Post two examples of propaganda that you see in your community. Describe the main theme and what group or organization has created it.

1. The United Nations is currently involved in a variety of conflicts and other public issues by initiating policies to help resolve them. Explain how the United Nations engages in campaigning to resolve global issues. 

2. The United States government was founded on the basis of civic discourse. How does the United States government encourage and protect civic involvement at the political level? 

3. Internet blogging has become one of the more widely used methods of political discourse. Briefly explain how blogging is having an impact on political and social discourse. 

4. News blogging has taken the news media by storm and challenged traditional news outlets in how they present the news. Describe the positive and negative attributes of news blogging. 

5. Political campaigns engage in a variety of forms of political discourse and propaganda. Describe ways in which campaign advertisements engage in both political discourse and propaganda. Think back to the activity involving John McCain and Barack Obama's campaign ads for examples. 

6. Grassroots organizations are created to help facilitate or support candidates and initiatives. They can begin at the local level and sometimes develop into significant national organizations. Briefly describe the functions of a grassroots organization by giving 4-5 examples of how they organize, operate, lobby and engage in activities. 

Hello i am needing an example or solution for the Corporate TaxReturn problem 1 Alvin's Music Inc (AMI) in Appendix C of textbookTaxation of Individuals and Business Entities 2013 by Spiker/McGrawHIll. I have purchased the solutions for the textbook, and it isnot there. So please do not just tell me to purchase the solutions.(by the way, the solutions for the problems are practicallyunusable as they only show the last portion of a multi-partproblem. Example: a question has parts to answer a,b,c,d,e,f. Thesolution will only show the answer for part f. Is this a glitch? iwould really like this issue resolved as well because i would nothave purchased the solutions if i knew i couldnt see all of it.)But please provide me with the solution for Appedix C Corporate TaxReturn problem 1

Answer the questions from stephens king “the ledge”

***answer in point form and short sentences

1. How does Cressner blackmail Norris?

2.What obstacles does Norris face while walking around the ledge of the building? (identify and explain the TYPES of conflict he experiences

3.What piece of information, revealed by Cressner, causes Norris to snap?

4.In what way does control shift from one character to another?

5.What do you think happens to Cressner?

6.In your opinion, what is the theme(s) of Stephen King's "The Ledge"?

In Stephen King's short story "The Ledge "from Night Shift, King implies..

A project management case study carried out by a group of five members requires that each member write an individual reflective report on the project. What will be the content of this report, as outlined in the steps below?

1. Lesson learnt.

2. Challenges faced working as a group

3. What you would have done new when given the opportunity

Note: The group work was done via zoom 

I need help with a Porter's Five Forces analysis on Tesla.

In terms of Bargaining Power of Suppliers, I need to provide information from research and draw/extrapolate a conclusion in terms of why that force is moderate and link the result to whether it presents a threat or opportunity to the sub-industry and then to Tesla’s profitability.

I need to analyze two supplier groups to make my conclusion.

What types of information is included to evaluate the force?

Explain the following trend in ionic radii for trivalent transition metal ions. Account for the general trend and the observation of two possible radii for trivalent Mn, Fe, Co, and Ni ions.

A 216 mL sample of HIHI has a pH of -0.13684. If 546 mL of distilled water was added to the HIHI solution what would the new pH of the solution be?

You prepare serial dilutions by adding 10 grams of meat to the first water blank containing 90ml of sterile water. The sample is shaken to mix the contents and 1ml is then taken and added to the second test tube containing 99ml of sterile water. This process is repeated until you have four samples in total. Samples are then taken as per the diagram and added to TSA plates.

The following colony counts are observed:

Question 1 options:

123456789101112131415161718192021

What is the dilution of Plate B2?

123456789101112131415161718192021

How is the count of D1 expressed?

123456789101112131415161718192021

What is the dilution of Plate C1?

123456789101112131415161718192021

What is the bacteria count of the Sample of meat (cfu/g)?

123456789101112131415161718192021

What is the dilution of Blank A?

123456789101112131415161718192021

Which is the countable plate?

123456789101112131415161718192021

What is the dilution of the countable plate?

what are capital expendicure