Income Statement
• One client had indicated that they were interested in purchasing $42,500 worth of products, so the bookkeeper recorded the transaction. However, the client has not actually committed to the purchase.
• The bookkeeper already corrected the sales account. However, the bookkeeper may have made a mistake when computing cost of good sold. She included total production costs for 2012 and did not adjust ending inventory for the $42,500 worth of units left at the end of the year. The amount of ending inventory was determined using a physical count.
Nybrostrand Company
31-Dec-12
Trial Balance (accounts in alphabetical order)
Debit Credit
Accounts payable 78,000
Accounts receivable 36,500
Cash 16,700
Common stock 10,000
Depreciation expense 24,350
Cost of goods sold 317,000
Equipment (net of depreciation) 395,000
Insurance 1,400
Inventory 34,000
Long-term debt 127,000
Marketing 4,500
Paid-in capital 50,000
Property taxes 16,900
Rent 28,000
Retained earnings ?
Revenues 586
Income Statement
• One client had indicated that they were interested in purchasing $42,500 worth of products, so the bookkeeper recorded the transaction. However, the client has not actually committed to the purchase.
• The bookkeeper already corrected the sales account. However, the bookkeeper may have made a mistake when computing cost of good sold. She included total production costs for 2012 and did not adjust ending inventory for the $42,500 worth of units left at the end of the year. The amount of ending inventory was determined using a physical count.
Nybrostrand Company
31-Dec-12
Trial Balance (accounts in alphabetical order)
Debit Credit
Accounts payable 78,000
Accounts receivable 36,500
Cash 16,700
Common stock 10,000
Depreciation expense 24,350
Cost of goods sold 317,000
Equipment (net of depreciation) 395,000
Insurance 1,400
Inventory 34,000
Long-term debt 127,000
Marketing 4,500
Paid-in capital 50,000
Property taxes 16,900
Rent 28,000
Retained earnings ?
Revenues 586
Answer 5 questions from Organizational Behavior, by Robbins
1. Identify five roles you play. What behaviors do they require? Are any of these roles in conflict? If so, in what way? How do you resolve these conflicts?
2. What effect, if any, do you expect that workforce diversity has on a group's performance and satisfaction?
3. Would you prefer to work alone or as part of a team? Why? Please notice how your answer compares to that of others in the class and discuss the differences.
4. Don't teams create conflict?? Is conflict bad? Why, then, would management support the concept of teams?
5. Zimbardo's Prison Experiment - pg. 284 Read this section and discuss. I have always found this experiment to be so interesting.
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
Answer 5 questions from Organizational Behavior, by Robbins
1. Identify five roles you play. What behaviors do they require? Are any of these roles in conflict? If so, in what way? How do you resolve these conflicts?
2. What effect, if any, do you expect that workforce diversity has on a group's performance and satisfaction?
3. Would you prefer to work alone or as part of a team? Why? Please notice how your answer compares to that of others in the class and discuss the differences.
4. Don't teams create conflict?? Is conflict bad? Why, then, would management support the concept of teams?
5. Zimbardo's Prison Experiment - pg. 284 Read this section and discuss. I have always found this experiment to be so interesting.
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
A. Explain why Globalisation is an important factor for the future success of Cigarette companies?
B. Protestors argue that legislation and/or regulations should be put in place to constrain such Globalisation by Cigarette companies. Why would they argue this case? Do you agree?
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
A. Explain why Globalisation is an important factor for the future success of Cigarette companies?
B. Protestors argue that legislation and/or regulations should be put in place to constrain such Globalisation by Cigarette companies. Why would they argue this case? Do you agree?
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
Establish an organisational policy for the marketing functions in an organisation
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
Establish an organisational policy for the marketing functions in an organisation
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
Discuss this statement on the basis of Socrates's philosophical practice and in light of the different views on leadership
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!
Discuss this statement on the basis of Socrates's philosophical practice and in light of the different views on leadership
WHAT IS YOUR BUDGET? CHAT LIVE WITH OUR CREDIT CONTROLLER NOW AND GIVE US YOUR BUDGET AND WE WILL GIVE FAVORABLE RATES TO YOU!!!