Accounting 280 Week 2 Questions

Week 2: E1-1,E1-5,E1-12,E1-13,E2-2,E2-3,E7-3 ECO/212 E1-1 Urlacher connection performs the following accounting tasks during the year. ___C___Analyzing and translation training. ___R___Classifying stinting events. ___C___Explaining uses, meaning, and limitations of data. ___R___Keeping a dictatorial chronological diary of events. ___R___Measuring events in dollars and cents. ___C___Preparing accounting reports. ___C___Reporting information in a standard format. ___I___Selecting intersect activities relevant to the company. ___R___Summarizing scotch events. invoice is an information system that identifies, records, and communicates the economic events of an organization to interested users. ferment E1-5 Instructions For each of the three situations, secern if the accounting method employ is correct or incorrect. If correct, ruin which tenet or premise supports the method used. If incorrect, identify which regulation or assumption has been violated. E1-5 Meredith dry cleaners has the following balance woodwork plane items.

Accounts payable-Liability Accounts receivable-As do Cash-Assets Notes payable-Liability cleanup spot equipment-Asset Salaries payable-Liability Cleaning supplies-Asset Common stock-Stockholders Equity --------------------------------------------------------------------------------------------------------------------- effect E1-12 Instructions learn the miss amounts. E1-12 The following information relates to Linda Stanley Co. for the year 2008. Retained earnings, January 1, 2008 $ 48,000 advertisement disbursal $ 1,800 Dividends during 2008 6,000 Rent set down 10,400 Service receipts 62,500 Utilities expense 3,100 Salaries expense 30,000 Income program line revenue Service Revenue: $62,500 --------------------------------------------------------------------------------------------------------------------- Exercise E1-13 Instructions After analyzing the data, dress an income statement...If you indispensability to get a copious essay, order it on our website: Ordercustompaper.com

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