College of Administration and Finance SciencesAssignment (2) Deadline: Saturday 04/05/2024 @ 23:59 Course Name: Cost Accounting Student’s Name: Course Code: ACCT 301 Student’s ID Number: Semester: Second CRN: Academic Year: 1445 H For Instructor’s Use only Instructor’s Name: Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. […]

Fill in the blank with the correct answer from the textbook.1. A current liability that represents cash collected in advance of earning the related revenue is called ____________________________________________. 2. Amounts owed to suppliers for goods and services that have been provided to the entity on credit are called ______________________________________. 3. The portion of long-term debt that is to be paid within one year of the […]

Using the GCU Library, locate a journal article about capital budgeting. In the subject line of your post, include the name of the article that you read. Then, in your initial post, provide a link to the article and a summary followed by your reaction to the article. The summary should be approximately 250 words and the reaction should be approximately 150 words. The summary […]

1. Flexible budgets are less rigid and are used by companies that incur a high percentage of variable expenses. Fixed and flexible budgets provide managers with a tool that helps them monitor financial results. The budgets are different and apply to different situations. In general, which budget option would you recommend from a grocery store employer? From an operational perspective why do you believe this […]

3/13/24, 4:10 PM5. Assignment Print View Award: 20.00 points Cameron Co. established a $160 petty cash fund on January 1, 2023. One week later, on January 8, the fund contained $31.15 in cash and receipts for these expenditures: postage, $44.80; transportation-in, $28.80; store supplies, $34.95; and a withdrawal of $20.30 by Jim Cameron, the owner. Cameron uses the perpetual method to account for merchandise inventory. […]

–  What was the main factor for the company’s high AR and receivable turnover? – ?What did they make wrong with its AR policy? – ?What specific method for quantity management of AR would resolve these issues? For the exclusive use of F. Alhogail, 2024. W17204 SHENZHEN JIT TECHNOLOGY: ACCOUNTS RECEIVABLE MANAGEMENT ISSUES Dazhi Chu and Li Wang wrote this case solely to provide material […]

ACTG 3000 This third project requires you to invent a merchandisingbusiness (your company sells some kind of goods).  You are required to prepare the financial statements for its firstyear of operations: 1.Fill in the dollar amounts for your company’s Adjusted Trial Balance dated 12/31/2023, including the company name in the heading. I’ve left some blank lines in case you want to include more assets, liabilities, […]

Topic How to Start and Run a Mentoring Program Prepare a PowerPoint presentation on your article, which is about a current topic in the accounting profession. You will need to provide more information than is in the article, provide at least two sources (assigned article and another source) cited for your presentation. Consider relevant issues such as the history of the subject, the impact on […]

Create proforma income statements and balance sheets for the next year (use the spreadsheet from the Spirit Proforma Statement ) Perform appropriate sensitivity analysis and alternate scenarios, by varying the growth rate in sales and working capital variables (Accounts Receivables, Inventory and Accounts Payable percentages). Your analysis will include a comparison between the debt level from the base case (i) and those in the sensitivity/scenarios […]

Hi, Please find attached the case study the question is in the first paragraph ( What should Li do to solve the problem? ), plus another few questions that will add to the solution and analysis and should be answered: – What was the main factor for the company’s high AR and receivable turnover? – ?What did they make wrong with its AR policy? – […]