Bus 591 week 4 assignment

  

Don't use plagiarized sources. Get Your Custom Essay on
Bus 591 week 4 assignment
Just from $13/Page
Order Essay

Week 4 – Assignment 

Week Four Homework Problems

Complete the following Workbook Template Week FourPreview the document. Problems P8-2B and P8-6B from Chapter 8 and problems P9-2B and P9-7B from Chapter 9 are located on the Textbook Student Companion Site. Submit all your work to your instructor by the posted due date. Show all your work in order to earn full credit.

Carefully review the Grading Rubric (Links to an external site.)Links to an external site. for the criteria that will be used to evaluate your assignment.

BUS591 – Financial Statement and Analysis

Week 4 Homework Assignment Templates

Instructions: Only enter data in the yellow boxes. The remaining areas are already completed for you. 

Save the file as follows:  lastnamewk4.docx

Submit to the assignment box before the due date.(Late assignments will receive a late penalty).

Problem 8-2B

(a) Journalize the transactions, including explanations. (Note, enter all accounts in one box. The dates have been included to help with formatting). 

  

Date

Account Titles and Explanation

Debit

Credit

 

1

 

 

2

 

 

3

 

 

4

 

 

5

 

  

(b) Enter the January 1, 2014 balances in Accounts Receivable and Allowance for Doubtful Accounts. Post the transactions to the ledger T Accounts

Be sure to post the amounts to the correct side of the T-Account!

  

Accounts   Receivable

 

Bal.  

(2)

 

(1)

(3)

 

(5)

(4)

 

(5)

 

Bal.

  

Allowance for Doubtful Accounts

 

(4)

Bal.

 

(5)

 

Bal.

(c)Prepare the journal entry to record bad debt expense for 2014, assuming that aging the accounts receivable indicates that expected bad debts are $140,000.

Balance needed…………………………………………………………………….  $

Balance before adjustment [see (b)]………………………………………..  

Adjustment required……………………………………………………………..  

The journal entry would therefore be as follows:

(d) Accounts Receivable Turnover Ratios:

Enter your answer here

Average Collection Period: 

Enter your answer here

Problem 8-6B (next page)

  

(a) Journalize the transactions, including explanations. (Note, enter all accounts in one box. The dates have been included to help with formatting). 

  

Date

Account Titles and Explanation

Debit

Credit

 

5

 

 

20

 

 

Feb 18

 

 

Apr 20

 

 

30

 

 

May  25

 

 

Aug 18

 

 

Sept. 1

 

 

  

Problem 9-2B

(a) Journalize the transactions, including explanations. (Note, enter all accounts in one box. The dates have been included to help with formatting). 

If there are two entries for the same day, then you do not need to enter the date again.

  

Date

Account Titles and Explanation

Debit

Credit

 

April 1

 

 

May 1

 

 

May 1

 

 

 

 

June 1

 

 

Sept 1

 

PART   B

 

Dec 31

 

 

31

 

 

 

  

(c) Partial Balance Sheet

  

TONG   CORPORATION

 

Partial   Balance Sheet

 

December   31, 2014

 

 

Assets

 

Plant assets

 

Account   title

Amount

 

Account   title

Amount

 

Account   title

Amount

 

Account   title (or contra account)

Amount

 

Total plant assets

Amount

Problem 9-7B

(a)

  

BUS   1

 

Year

Computation

Accumulated Depreciation

 

Amount

 

Amount

 

Amount

  

BUS   2

 

Year

Computation

Accumulated Depreciation

 

Amount

 

Amount

 

Amount

  

BUS   3

 

Year

Computation

Accumulated Depreciation

 

Amount

 

Amount

 

Amount

(b) 

  

BUS   2

 

Year

Depreciation   Expense

 

Amount

 

Amount

Grab 16% Discount On This Paper
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, MyEssay.Help has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At MyEssay.help, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@myessay.help.

Try it now!

Grab 16% Discount On This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

MyEssay.help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At MyEssay.help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.

                                                                                     Place Order