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Author Archives: Anonymous

When the process changes, the ________ will also need to cha…

When the process changes, the ________ will also need to change.

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A ________ is referred to as a subset of activities in a bus…

A ________ is referred to as a subset of activities in a business process that is performed by a particular individual.

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Tennessee Ltd. suspects some inventory may have been taken b…

Tennessee Ltd. suspects some inventory may have been taken by a new employee. Their periodic accounting records reported the following information: Inventory January 1, 2024  $                  300,000 Purchases during 2024                     1,500,000 Sales during 2024                     2,000,000 Sales returns during 2024                        56,000 Purchase discounts during 2024                        10,000 A physical inventory taken on December 31, 2024, resulted in an ending inventory of $315,000.  Tennessee’s gross profit on sales has remained constant at 30% in recent years. Required: Determine the estimated cost of the missing inventory at December 31, 2024?

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Using the information for Relax Spa Inc. given above: a. Pro…

Using the information for Relax Spa Inc. given above: a. Provide the information needed to complete the journal entry to record the initial sale of $10,000 in gift cards on January 2nd.  When recording numerical responses enter your response with commas as appropriate.  Do not include dollar signs, decimals or spaces. Ex. 1,000 Date Account Titles Debit Credit Jan 2 Provide the account name in Blank #1 below.  Provide the amount in Blank #3 below.         Provide the account name in Blank #2 below.   To record gift card sales. b. Provide the necessary account names to record the redemption of services of $150 using a gift card on February 2nd.  Note that the you only need the account names, the calculation of the journal entry amount will be done in the next question. Date Account Titles Debit Credit Feb 2 Provide the account name in Blank #4 below.  Amount will be calculated in the next question.          Provide the account name in Blank #5 below.   To record gift card redemption on Feb 2.

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Assume three people are facing the same situation. Each pers…

Assume three people are facing the same situation. Each person must decide which action is ethical. If all three people are acting ethically according to Virtue Ethics, they all need to choose the same action.

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Assume three people are facing the same situation. Each pers…

Assume three people are facing the same situation. Each person must decide which action is ethical. If all three people are acting ethically according to Kantian Ethics, they all need to choose the same action.

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Using the information for Blackjack Corp. given above, provi…

Using the information for Blackjack Corp. given above, provide the information needed to complete the following journal entries: When recording numerical responses include commas where appropriate. Do not include dollar signs, spaces or decimals. Ex. 1,000

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A 56-year-old woman with non-ischemic heart failure and hype…

A 56-year-old woman with non-ischemic heart failure and hypertension presents to the office for a routine follow-up. Her last hospitalization for congestive heart failure (CHF) with HFrEF (reduced ejection fraction) exacerbation was two years ago. She is currently not complaining of shortness of breath, orthopnea, lower leg edema, or chest pain. She has been following a low-salt diet and does not drink alcohol. Medications:  carvedilol, 81 mg asa Home blood pressure measurements have ranged from 140-150/80-90 mmHg Physical exam findings: Blood pressure: 150/90 mmHg Heart rate: 60 beats/minute, S1S2 with no murmurs or gallops Her respiratory rate is 12/minute Her jugular venous pulse and pressure (JVP) is within the normal range and her lungs are clear bilaterally Her point of maximal impulse (PMI) is laterally displaced What medication should you add that could also decrease her risk of mortality from heart failure?

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Echocardiogram is the preferred diagnostic test to order for…

Echocardiogram is the preferred diagnostic test to order for evaluating heart failure. Which of the following clinical findings would be least likely to appear on an echocardiogram result in a patient with heart failure?

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Goods in transit shipped “FOB destination” by a supplier wer…

Goods in transit shipped “FOB destination” by a supplier were recorded as a purchase but were excluded from ending inventory. Determine the effect of this error on the following financial statement line items using a periodic inventory system. Assume all purchases and sales are on credit. The following chart my assist you in your response: Beginning Inventory  + Purchases  = Available goods – Ending Inventory  Cost of Goods Sold    Sales  – Cost of Goods Sold  Net Income 

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