Monthly Archives: January 2015

Alden Company has decided to use a contribution format income statement (A+ Guaranteed)

Alden Company has decided to use a contribution format income statement for internal planning purposes. The company has analyzed its expenses and has developed the following cost formulas:  Cost Cost Formula   Cost of goods sold    $25 per unit sold   Advertising … Continue reading

Posted in Homework Help | Comments Off

Matt Stiner started a delivery service, Stiner Deliveries

Matt Stiner started a delivery service, Stiner Deliveries, on June 1, 2014. The following transactions occurred during the month of June. June 1  Stockholders invested $24,702 cash in the business in exchange for common stock. 2 Purchased a used van … Continue reading

Posted in Homework Help | Comments Off

On August 31, the balance sheet of Donahue Veterinary Clinic showed Cash $9,806

Problem 1-2A (Part Level Submission) On August 31, the balance sheet of Donahue Veterinary Clinic showed Cash $9,806, Accounts Receivable $3,206, Supplies $600, Equipment $6,000, Accounts Payable $5,106, Common Stock $13,828, and Retained Earnings $678. During September, the following transactions … Continue reading

Posted in Homework Help | Comments Off

ACC 557 Week 1 WileyPlus – Problem 1-2A (Part Level Submission) Donahue Veterinary Clinic

Problem 1-2A (Part Level Submission) On August 31, the balance sheet of Donahue Veterinary Clinic showed Cash $9,806, Accounts Receivable $3,206, Supplies $600, Equipment $6,000, Accounts Payable $5,106, Common Stock $13,828, and Retained Earnings $678. During September, the following transactions … Continue reading

Posted in Homework Help | Comments Off

ACC 557 Week 1 WileyPlus – Problem 1-4A (Part Level Submission) Matt Stiner

Problem 1-4A (Part Level Submission) Matt Stiner started a delivery service, Stiner Deliveries, on June 1, 2014. The following transactions occurred during the month of June. June 1  Stockholders invested $24,702 cash in the business in exchange for common stock. … Continue reading

Posted in Homework Help | Comments Off

MAT 540 ENTIRE COURSE (DQs, Assignment and Final Exam) – A+ Guaranteed

MAT 540 ENTIRE COURSE (DQs, Assignment and Final Exam) Week 2a “Decision Tree”  Please respond to the following: Explain the parts of a decision tree. What are some benefits of using decision trees? In what ways can decision trees be used … Continue reading

Posted in Homework Help | Comments Off

Natural Cosmetics Company applies overhead costs

Natural Cosmetics Company applies overhead costs on the basis of machine hours. The overhead rate is computed by analyzing data from the previous year to determine the percentage change in costs. Thus, this year’s overhead rate will be based on … Continue reading

Posted in Homework Help | Comments Off

On the first day of the fiscal year, Jill Company issues $3,639,000

On the first day of the fiscal year, Jill Company issues $3,639,000, 11%, 10-year bonds for cash of $4,673,393 when the market rate of interest was 7%. The bonds pay interest semi-annually on June 30 and December 31. Determine (1) … Continue reading

Posted in Homework Help | Comments Off

Martin Buber Co. purchased land as a factory site for $622,400 (A+ Guaranteed)

Martin Buber Co. purchased land as a factory site for $622,400. The process of tearing down two old buildings on the site and constructing the factory required 6 months. The company paid $65,352 to raze the old buildings and sold … Continue reading

Posted in Homework Help | Comments Off

The Laurel Co. is owned and operated by Paul Laurel (A+ Guaranteed)

The Laurel Co. is owned and operated by Paul Laurel. The following is an excerpt from a conversation between Paul Laurel and Maria Fuller, the chief accountant for The Laurel Co.: Paul: Maria, I have a question about this recent … Continue reading

Posted in Homework Help | Comments Off