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Complete the investment allocation questionnaire, located at http://web.archive.org/web/20050210200843/http://www.cnb1.com/invallocmdl.htm. Add up your total points to determine the type of investment fund that would be appropriate for you.
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Using the Excel file provided below as a starting point, or by creating your own Excel file, complete the following proble ...
ACC 201 Great Basin College Module 9 Inventory Records of Thinkle Company Excel Project
Using the Excel file provided below as a starting point, or by creating your own Excel file, complete the following problem, and submit your assignment as an attachment here. Be sure to save your work before you submit, and present your work in a reasonable format with major answers highlighted. Because you have plenty of time to do this assignment, and given that the textbook is available for your use, this assignment should really be close to perfect.
***************************************
Here is the problem:
The inventory records of Thinkle Company show the following:
May 1Beginning inventory balance for May consists of 10 units costing $60 per unit., appropriately carried over from April 30.May 3Sold 5 units at $100 per unit.May 10Purchased 14 units at $67 per unit.May 12Sold 7 units at $120 per unit.May 20Sold 6 units at $118 per unit.May 25Purchased 15 units at 74 per unit.May 31Sold 8 units at $117 per unit.
Assume all purchases and sales are made on credit, and that the company uses a perpetual inventory system.
Required: Using the FIFO perpetual inventory procedure, prepare the appropriate journal entries for the month of May.
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Most Popular Content
24 pages
Solution
Calculate amounts related to the balance of retained earnings Use the accounting equation to calculate amounts related to ...
Solution
Calculate amounts related to the balance of retained earnings Use the accounting equation to calculate amounts related to the Calculate missing ...
ACC 201 Great Basin College Module 9 Inventory Records of Thinkle Company Excel Project
Using the Excel file provided below as a starting point, or by creating your own Excel file, complete the following proble ...
ACC 201 Great Basin College Module 9 Inventory Records of Thinkle Company Excel Project
Using the Excel file provided below as a starting point, or by creating your own Excel file, complete the following problem, and submit your assignment as an attachment here. Be sure to save your work before you submit, and present your work in a reasonable format with major answers highlighted. Because you have plenty of time to do this assignment, and given that the textbook is available for your use, this assignment should really be close to perfect.
***************************************
Here is the problem:
The inventory records of Thinkle Company show the following:
May 1Beginning inventory balance for May consists of 10 units costing $60 per unit., appropriately carried over from April 30.May 3Sold 5 units at $100 per unit.May 10Purchased 14 units at $67 per unit.May 12Sold 7 units at $120 per unit.May 20Sold 6 units at $118 per unit.May 25Purchased 15 units at 74 per unit.May 31Sold 8 units at $117 per unit.
Assume all purchases and sales are made on credit, and that the company uses a perpetual inventory system.
Required: Using the FIFO perpetual inventory procedure, prepare the appropriate journal entries for the month of May.
1 page
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D6.8.1 Why would we graph scatterplots and regression lines? It's the line that best shows the pattern in the information ...
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Benjamin Franklin once quoted, “By failing to prepare, you are preparing to fail.” This week’s written assignment is ...
Organizational Development in Restaurants Annotated Bibliography
Benjamin Franklin once quoted, “By failing to prepare, you are preparing to fail.” This week’s written assignment is designed to ensure you stay on track with your final project and have adequately researched your organization of choice and planned intervention. For this week, provide a set of references you have read in preparation for your final project.
Each reference should include the following:
APA formatted citation of the source as it will appear on your References page
A brief description of the source
A short summary of its primary points or arguments
A brief explanation of how the source is relevant to your project
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Also referred as the code of conduct, the code of ethics gives direction to the employees and the clients by setting out t ...
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Hello,I need help to answer 2 questions about the study cases in the *.docx file. The 1st question needs to provide 4 feed ...
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Hello,I need help to answer 2 questions about the study cases in the *.docx file. The 1st question needs to provide 4 feedback to its answers. The 2nd question needs to answer the case with a minimum of 300 words per question.Thank you so much!
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