Blog - Accounting Assignments Help

Accounting for Managers Help

**We at Accounting Assignments Help provide Accounting for Managers Help with step by step calculation and explanation 24*7 from our accounting experts.**

Problem 1

Pacific Telemet Ltd. manufactures a high end smart phone with dual sim a card that is popular with business executives who travel overseas frequently. Related financial data for this product for the last year is as follows:

Sales 12,000 units

Selling price $460 per unit

Variable manufacturing cost $184 per unit

Fixed manufacturing costs $360,000

Variable selling and administrative costs $36 per unit

Fixed selling and administrative costs $600,000Continue reading

Peyton Approved Projects Help

**We at Accounting Assignments Help provide Peyton Approved Projects Help with step by step calculation and explanation 24*7 from our accounting experts.**

Preliminary Financial Statements have already been prepared (2017 statements in the Final Project Workbook). Final adjusting entries have not yet been made. See table for possible adjustments that indicate what will be recorded at 12/31/17 (fiscal year end). Use the following to complete year-to-year documentation and notes for managing depreciation, inventory, and long-term debt. Acc 308 final project workbook spreadsheet

Connect Problems

**We at Accounting Assignments Help provide Mcgraw-hill connect Exam and Mcgraw-hill connect Homework (Connect Problems) with step by step calculation and explanation 24*7 from our professional experts for following topics.**

Mcgraw-hill connect topics

Problem-1

Suppose the following information (in thousands of dollars) is available for Coronado Industries—famous for ketchup and other fine food products—for the year ended April 30, 2017.

Prepaid insurance $ 115,000 Buildings $4,074,100

Land 76,300 Cash 379,700

Goodwill 3,931,500 Accounts receivable 1,162,500

Trademarks 780,900 Accumulated depreciation—buildings 2,176,100

Inventory 1,220,700

Prepare the assets section of a classified balance sheet. (List current assets in order of liquidity.)Continue reading

Wiley Homework Help

**We at Accounting Assignments Help provide Wiley Homework Help with step by step calculation and explanation 24*7 from our accounting experts.**

Problem-1

During 2017, Blossom Company entered into the following transactions.

1.		Purchased equipment for $323,340 cash.
2.		Issued common stock to investors for $139,300 cash.
3.		Purchased inventory of $71,720 on account.

Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary.Continue reading

Conversion of Bonds

**We at Accounting Assignments Help provide Conversion of Bonds with step by step calculation and explanation 24*7 from our finance experts.**

Conversion of Bonds

E16-2(Conversion of Bonds) Aubrey Inc. issued $4,000,000 of 10%, 10-year convertible bonds on June 1, 2007, at 98 plus accrued interest. The bonds were dated April 1, 2007, with interest payable April 1 and October 1. Bond discount is amortized semiannually on a straight-line basis.

On April 1, 2008, $1,500,000 of these bonds were converted into 30,000 shares of $20 par value common stock. Accrued interest was paid in cash at the time of conversion.Continue reading

Issuance of Bonds with Detachable Warrants

**We at Accounting Assignments Help provide Issuance of Bonds with Detachable Warrants Help with step by step calculation and explanation 24*7 from our finance experts.**

Issuance of Bonds with Detachable Warrants

E16-8(Issuance of Bonds with Detachable Warrants) On September 1, 2007, Sands Company sold at 104 (plus accrued interest) 4,000 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No market value can be determined for the Sands Company bonds. Interest is payable on December 1 and June 1. Bond issue costs of $30,000 were incurred.
Instructions
Prepare in general journal format the entry to record the issuance of the bonds. (AICPA adapted)Continue reading

Stock Issued for Land and Issuance

**We at Accounting Assignments Help provide Stock Issued for Land and Issuance Help with step by step calculation and explanation 24*7 from our finance experts.**

Stock Issued for Land and Issuance

E15-3(Stock Issued for Land) Twenty-five thousand shares reacquired by Elixir Corporation for $53 per share were exchanged for undeveloped land that has an appraised value of $1,700,000. At the time of the exchange the common stock was trading at $62 per share on an organized exchange.Continue reading

Health Care Management Finance Quiz

**We at Accounting Assignments Help provide Health Care Management Finance Quiz Help with step by step calculation and explanation 24*7 from our finance experts.**

Question 1

According to the National Institute for Health Care Management: Understanding U.S. Health Care Spending article, which of the following are correlated with the rising obesity rates in the U.S.? (Select all that apply)

Question 1 options:

Increase in other chronic health conditions
Increase in the determinants of health
Increase in health spending
Decrease in provider visits