Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Brief exercise 4 3 brisky corporation

14/10/2021 Client: muhammad11 Deadline: 2 Day

ACC 421 Week 2 Wiley Questions

Brief Exercise 4-2 Brisky Corporation

Brief Exercise 4-4 Finley Corporation

Brief Exercise 4-9 Portman Corporation

Brief Exercise 18-2 Adani Inc

Brief Exercise 18-5 Jansen Corporation

Brief Exercise 18-6 Telephone Sellers Inc

Brief Exercise 4-2

Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2014. Expenses for 2014 were cost of goods sold $1,450,000; administrative expenses $212,000; selling expenses $280,000; and interest expense $45,000. Brisky’s tax rate is 30%. The corporation had 100,000 shares of common stock authorized and 70,000 shares issued and outstanding during 2014.

Prepare a single-step income statement for the year ended December 31, 2014. (Round earnings per share to 2 decimal places, e.g. 1.48.)

Brief Exercise 4-4

Finley Corporation had income from continuing operations of $10,600,000 in 2014. During 2014, it disposed of its restaurant division at an after-tax loss of $189,000. Prior to disposal, the division operated at a loss of $315,000 (net of tax) in 2014. Finley had 10,000,000 shares of common stock outstanding during 2014.

Prepare a partial income statement for Finley beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.)

Brief Exercise 4-9

Portman Corporation has retained earnings of $675,000 at January 1, 2014. Net income during 2014 was $1,400,000, and cash dividends declared and paid during 2014 totaled $75,000.

Prepare a retained earnings statement for the year ended December 31, 2014.(List items that increase retained earnings first.)

Brief Exercise 18-2

Adani Inc. sells goods to Geo Company for $11,000 on January 2, 2014, with payment due in 12 months. The fair value of the goods at the date of sale is $10,000.

Prepare the journal entry to record this transaction on January 2, 2014. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Brief Exercise 18-5

Jansen Corporation shipped $20,000 of merchandise on consignment to Gooch Company. Jansen paid freight costs of $2,000. Gooch Company paid $500 for local advertising, which is reimbursable from Jansen. By year-end, 60% of the merchandise had been sold for $21,500. Gooch notified Jansen, retained a 10% commission, and remitted the cash due to Jansen.

Prepare Jansen’s entry when the cash is received. (Round answers to 0 decimal places, e.g. 1,525. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Brief Exercise 18-6

Telephone Sellers Inc. sells prepaid telephone cards to customers. Telephone Sellers then pays the telecommunications company, TeleExpress, for the actual use of its telephone lines. Assume that Telephone Sellers sells $4,000 of prepaid cards in January 2014. It then pays TeleExpress based on usage, which turns out to be 50% in February, 30% in March, and 20% in April. The total payment by Telephone Sellers for TeleExpress lines over the 3 months is $3,000.

Indicate how much income Telephone Sellers should recognize in January, February, March, and April.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Chartered Accountant
Homework Tutor
Peter O.
Helping Hand
Quick N Quality
Top Writing Guru
Writer Writer Name Offer Chat
Chartered Accountant

ONLINE

Chartered Accountant

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$48 Chat With Writer
Homework Tutor

ONLINE

Homework Tutor

I will provide you with the well organized and well research papers from different primary and secondary sources will write the content that will support your points.

$33 Chat With Writer
Peter O.

ONLINE

Peter O.

I reckon that I can perfectly carry this project for you! I am a research writer and have been writing academic papers, business reports, plans, literature review, reports and others for the past 1 decade.

$50 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$25 Chat With Writer
Quick N Quality

ONLINE

Quick N Quality

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$35 Chat With Writer
Top Writing Guru

ONLINE

Top Writing Guru

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$43 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Half wave rectifier with capacitor - Time dependent yield is known as - Download the file below - Effective approaches in leadership and management benchmark assessment - Like Water for Chocolate movie review - Working with families 7th edition pdf - Redcliffe dump phone number - The book thief part 3 questions - Berridge manufacturing color chart - Michaelis menten kinetics ppt - Ausgrid approved material list - Case Study Concept Map and Plan of Care - Pull factor in a sentence - Mixed flow pump wikipedia - Cyber Security - In mrs tilscher's class analysis - Homework - A statement of stockholders' equity is normally prepared when - Mgt 230 management planning presentation - Traditional and contemporary management strategies - Think like a nurse rischer - Dq - Quality improvement proposal - Oh my darling clementine history - Cover letter for millwright apprenticeship - Cengage learning australia pty limited - Respiratory Presentation - Www minstermedicalpractice co uk - The norton mix american history pdf - Computer Science - Literature a portable anthology 4th edition - Discussion - MM finalpoject - Phet forces and motion - Netapp vsc compatibility matrix - Paul mchenry roberts how to say nothing - 3m marketing strategy case study - Competency Case Dilemma - due in 72 hours - Making connections between texts - Discussion--Rising Savings during the Pandemic - Enable data integrity access lookup wizard - Case assignment (Breaking the bank) - Among us always imposter mod menu - School finance a california perspective 9th edition - Technology to support Access Control - Hybridisation in chemistry ppt - How does dark matter affect the expansion of the universe - Help - Air cadet brassard measurements - Your answers to all five questions must be in the Answers worksheet of the Ad Bids workbook that you downloaded from Blackboard. In addition, your Excel model coming up with the answers for each of the five questions should be on - How to create a cost benefit analysis in excel - Top 100 weirdest phobias - Mandiant intelligent response agent wiki - Broadgreen hospital alexandra wing address - Which of the following is most closely related to the reason a firm might implement mrp? - Program Governance - Nick scali bedroom suites - Ingvar kamprad leadership - Joy luck club questions - Six Minute speech - Signs and symbols in the laboratory - CCIS - Princ of Mngmnt Final Paper Review - Kay magill company had the following adjusted trial balance - A polygon with 15 sides - Melbourne uni special consideration - John fleming professional development - Seafood worker industrial revolution - Acca distance learning cost - Does benzaldehyde give fehling test - CC-6 - Mechanical engineering internship report doc - The ford pinto case demonstrated that - Grep r cheat sheet - General electric meters catalog - Sampling 4 pieces of precision cut wire - Safe handling of medication answers - What PESTEL factors contribute to KFC's positioning? - Style approach to leadership northouse - How to vlsm subnet - Project profiling attributes - Assignment 2: Revisions of Foundations of the Development and Functions of Police - Me talk pretty one day summary sparknotes - Preaching the word only refers to the old testament - Point lonsdale post code - Stop all the clocks poem summary - Issues facing the international community - Business intelligence-report 3 - Does technology make us more alone persuasive essay - Strategies of teamwork ppt - Owner builders insurance nsw - Dr gregory cario hurstville - Yum cha items crossword clue - Scaling report 2013 vce - Tic tac toe flowchart design - Igcse biology end of chapter answers chapter 13 - Persuasive speech on eating breakfast - Understanding human communication 13th edition rent - Importance of statistical programming languages - Tm 9 1015 260 10 pdf - Idea services policies and procedures