Key Assignment Draft

Scenario

It is time for the staff accountants to begin preparing daily accounting transactions. In preparation for the upcoming audit, the accountants must ensure that these transactions are correct and are free from any misstatement. Because this is a new subsidiary of the company, there are no beginning balances.

As a staff accountant, your job is to do the following:

• Prepare the 10 transactions below by posting to the general journal. You should use an Excel spreadsheet to accomplish this task.
• Post the general journal entries to the general ledger in the Excel spreadsheet.
• Prepare a trial balance from the ending balances on the ledger. You should also use an Excel file for the trial balance.

Transactions

1. Invested $50,000 in the business
2. Paid $100 for phone service
3. Purchased $35,000 equipment on credit
4. Paid $3,000 for 3 months rent
5. Paid $5,500 for 6 months of insurance
6. Paid $1,000 for advertising on credit (Note: This is an expense to the company)
7. Customer purchased $2,000 on account
8. Customer in #7 paid $1,000 on account
9. Paid for #6 advertising
10. Sold to customer and received $5,000 cash

Click here for the General Journal Ledger template.

Please submit your assignment.

For this Assignment you will write a 2–3 page paper about eyewitness testimonies. Your essay should be well organized, logical, and unified, as well as original and insightful. You should incorporate information from your course textbook and one other credible academic source to support your essay.

Many people believe that the testimony of one confident eyewitness should be enough to convict a defendant of a crime. You will discuss whether you agree or disagree with this widely held belief about memory. You will explain the cognitive processes of perception, attention and memory. You will discuss how the cognitive processes of perception and attention might influence the accuracy of memories. You will also outline some additional factors that might influence the accuracy of eyewitness testimonies, supporting your discussion with information from the course textbook or outside credible academic source.

Many people also believe that a more confident eyewitness is a more accurate one. You will discuss whether you agree or disagree with this widely held belief about memory. You will explain the relationship between memory confidence and memory accuracy, supporting your discussion with information from the course textbook or outside credible academic source.

Requirements for this Assignment:

The guidelines for your paper are as follows:

• A title page, introduction with thesis statement and conclusion. Below is a link to help you with your introduction and conclusion:https://kucampus.kaplan.edu/MyStudies/AcademicSupp…
• Discuss whether you agree or disagree with the widely held belief that the testimony of one confident eyewitness should be enough to convict a defendant of a crime.
• Explain the cognitive processes of perception, attention and memory.
• Discuss how the cognitive processes of perception and attention might influence the accuracy of eyewitness memories.
• Outline some additional factors that might influence the accuracy of eyewitness memories.
• Discuss whether you agree or disagree with the widely held belief that a more confident eyewitness is a more accurate one.
• Explain the relationship between memory confidence and memory accuracy.
• Your paper should be 2–3 pages, not including the title page or reference page.
• Your paper should include a reference to the textbook and at least one additional credible academic resource. Below is a link to help you with your citations:https://kucampus.kaplan.edu/MyStudies/AcademicSupp…
• Your paper must be APA formatted, including references, title page, 1” margins on all sides, 12 point font size, and double spacing. Information regarding APA formatting and citation can be found in the Writing Center and should be reviewed thoroughly. Below is a link to the document:https://kucampus.kaplan.edu/MyStudies/AcademicSupp…
• Your paper should use Standard American English including correct grammar, spelling, and punctuation, and complete sentences and paragraphs. Your paper should be free of typographical errors.
• Your paper should include a highly developed viewpoint and purpose.
• Your paper should demonstrate superior organization. Communication should be highly ordered, logical, and unified.

Choose a contemporary moral issue in our society and apply the ethical principle of Utilitarianism to approve and be in favor of this moral issue. You must pick a moral issue that you strongly agree with and apply the utilitarian claims to back up your arguments. In addition, you must apply Bentham’s Felicific Calculus. The paper must be done in MLA format with a minimum of 500 words (quotes are not included in the word count). You must read Chapter 2 and watch the Week 3 Lectures before you do this paper. You must use at least 3 sources from LIRN, in our library. This assignment is due on September 16TH. Not applying Utilitarianism or the Felicific Calculus results in an automatic F. Utilitarianism is the ethical theory that the moral worth of an action is only determined by its contribution to overall utility . It is thus a form of consequentialism , meaning that the moral worth of an action is determined by its outcome-the ends justifies the means.

Good afternoon, Please provide assistance with this SEC 10k report and PowerPoint. I have included guidelines in this email and attached required documents. The SEC 10k Report should included the following:

• 3 pages single spaced, double space between paragraphs. Page count does not include title page, tables and exhibits, table of contents, and works cited list
• title page
• bibliography or works cited in APA format
• in text citations in APA format
• tables, and appendixes if you wish to copy and paste financial statements or materials you did not write (these will not be part of the ‘page count’)
• Your paper should use one-inch margins on the left, right, top, and bottom of each page, and font set at 12 point.
• Using accounting words and explain how these relate to the financial statements of Northrop Grumman

Written Assignment: SEC 10-K Analysis Report:Review Northrop Grumman’s MD&A as well as financial statements and the accompanying footnotes. Use this information to prepare the “analytic” results. The SEC 10-K report and the attached materials are the only resources that should use. Avoid a copy and paste approach except for the presentation of financial statements.

Include accounting issues and words used in accounting, including financial accounting as well as managerial accounting. An example would be a discussion on inventory: how it is valued, whether there is a WIP account, and other details.

Use accounting/related terms and create displays using the SEC 10-K for Northrop Grumman. The use of headings will label the sections in the paper. Present inventory turnover, days sales in inventory, days sales in accounts receivable, and other financial analysis from our course, both for the current year and as they relate to changes in accounts from one year to the next. The goal is to explain the financial statements and the information of the SEC 10-K. While not explaining every item in the SEC 10-K, tell a story and illustrate an understanding of the accounting terms and concepts. No more than one page should be devoted to your company’s history and non-financial information. The Power Point presentation (no more than 10 slides) will also need to be prepared to cover the highlights of the Written SEC 10k Analysis report

1.Explain the difference between the accrual basis of accounting and the cash basis of accounting. What are the major reasons for using accrual accounting?

2.What are the purpose of a journal and a ledger?

3.Give an example of a contra-asset, and explain how it is recorded on the ledger as a transaction.

4.Explain what a “prepaid expense” is and how it is recorded on the ledger as a transaction.

5.What are the major differences in recording transactions for a for-profit organization versus a not-for-profit, or are there any?

6.List and record each transaction for S. Zee Outpatient Clinic under the accrual basis of accounting at December 31, 20X1. then develop a balance sheet as of December 31, 20X1, and a statement of operations for the year ended December 31, 20X1. ◦The clinic received a $3,000,000 of unrestricted cash contribution from the community. (Hint: this transaction increases the unrestricted net assets account.)

◦The clinic purchased $2,000,000 of equipment. The clinic paid cash for the equipment.

◦The clinic borrowed $1,000,000 from the bank a long-term basis,

◦The clinic purchased $1,500,000 of supplies on credit.

◦The clinic provided $5,500,000 services on credit.

◦In the provision of these services, the clinic used $1,000,000 of supplies.

◦The clinic received $500,000 in advance to care for capacitated patients.

◦The clinic incurred $2,000,000 in labor expenses and paid cash for them.

◦The clinic incurred $1,500,000 in general expenses and paid cash for them.

◦The clinic received $4,500,000 form patients and their third parties in payment of outstanding accounts.

◦The clinic met $300,000 of its obligation to capacitated patients in Transaction g.

◦The clinic made a $100,000 cash payment on the long-term loan.

◦The clinic also made a cash interest payment of $50,000.

◦A donor made a temporarily restricted donation of $100,000 to be used for operations.

◦The clinic recognized $200,000 in depreciation for the year.

◦The clinic recognized $500,000 of patient accounts would not be received.

7.How do capital structure rations and liquidity rations differ in providing insight into an organization’s ability to pay debt obligations?

8.Identify and explain two situations where an organization might have increasing activity rations but declining profitability.

Answer the questions and include a reference page in APA format.