Entries by Mary

Discussion

Discussion. Respond 1:   Two ways that management could manipulate earnings would be to : Recording Revenue Prematurely: Management may book revenue that isn`t realized in the audit period by stating it as accrued.  This could be eliminated by actually recording inventory as it comes and not prematurely.  Recording Fictitious Revenue: Management may book revenue […]

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November 23, 2019 by

Financial Accounting 2

Financial Accounting 2. Sensational Aqua Sports Corp. (SAS) is a publicly reportable enterprise with a December 31 year end. Select details regarding SAS’s accounts receivables (ARs) and allowance for doubtful accounts (AFDA) follow: Closing balance AFDA 12/31/20X3 $46,750 Net sales 20X4 $12,235,000 Percentage of net sales made on credit terms 90% Net credit sales in […]

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November 23, 2019 by

ACC 307

ACC 307. In year 0, Longworth Partnership purchased a machine for $56,000 to use in its business. In year 3, Longworth sold the machine for $36,700. Between the date of the purchase and the date of the sale, Longworth depreciated the machine by $29,800. (Loss amounts should be indicated by a minus sign. Leave no answer […]

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November 23, 2019 by

Economic

Economic. Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these individuals qualifies for unemployment benefits: Two months ago, Marcelle used to work full time […]

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November 23, 2019 by