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- What are some of the advantages and the disadvantages of database forms?
The efficiency and effectiveness of an Accounting Information System rests on the design of its Schema. A schema needs to be designed in such a way that it can easily answer the questions users ask of the database (subschema). A discussion of subschema will not be complete without the discussion of Queries. Queries are used to customize and enhance subschema.
- What is your experience in using Queries? Have you ever read the SQL commands generated by a Query in Access database?
Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense. Show the year-end balance sheet presentation for accounts receivable.
When one media company buys another, goodwill is often the most costly asset acquired. World media paid $700,000 to acquire-Journalize World Media's acquisition of The Dandy Dime.
During its first year, the firm earned 249,000. Prepare the entry to close the firms income summary accounts as of its December 31 year end and to allocate the 249,000 net income to partners under each of the following separate assumptions:
Sarah incurred employee business expenses of $5,000 consisting of $3,000 business meals and $2,000 customer entertainment. She provided an adequate accounting to her employer's accountable plan and received reimbursement for one-half of the total ..
Tom Hughes died in 2009 with a gross estate of $3.9 million and debt of $30,000. He made post-1976 taxable gifts of $100,000, valued at $80,000 when he died. His estate paid state death taxes of $110,200. What is his estate tax base?
What are some advantages and disadvantages of different types of direct and indirect foreign investments?
What is the difference between a rule-based and principle-based system? Discuss the Global Reporting Initiative, its purpose, the standard setting process, the use of its reporting system, etc.
Maine Company reported a pretax operating loss of $150,000 for financial reporting and tax purposes in 2012. The enacted tax rate is 40% for 2012 and subsequent years.
Prepare a realistic flexible budget for next year for the McDonald's Corporation using economic and company trends. Use three different growth rates (low, average and high) for sales and adjust the expenses based on whether you assume that they v..
What are at least 5 considerations you will need to take into account when you make a make-decision versus a buy decision at some point in the future? Explain at least 5 reasons why these risk are important to consider.
Compute pension expense and prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2010.
There was $800 of supplies on hand at the end of the year. Prepare the adjusting entry for the end of the year.
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