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Write a one to two page memorandum on the following ethics issue: The owner of Sorena Company has asked your firm not to close the revenue accounts at the end of the fiscal year. "Our year-end income statement will look a lot better if we can fatten up those revenue figures with a couple extra days of revenue," she says. Sorena Company is a client of Accounting Services, Inc. You work for Accounting Services. I'm your supervisor and have asked you to research this issue and to give me your opinion and recommendations. You can assume I have knowledge of the subject area. This is a business memo and you will not reference the instructor, student, any textbook, or assignment. Keep this memo in a business context. Make sure to list the references (web addresses) you used to form your opinion. The reference needs to be within the memo not listed at the end of the memo. The following resources may help you research the subject: Accounting Periods and Methods Tax Guide for Small Businesses
Evaluate each of the following for every alternative Net income and Earnings per share.
An extensive consultation paper has been provided to you related to the Conceptual Framework from the International Public Sector Accounting Standards Board.
Compute the labor rate and efficiency variances. Assuming that the labor variances are attributable to the new manufacturing process, should it be continued or discontinued?
Evaluate the amount of consolidated basic and diluted earnings per share for Peppercorn and Salt Corporations.
In ____ lease, you must pay any difference between the projected residual value of the vehicle and its actual market value at the end of the lease period.
What do you think are the best strategis for Lowe'so to outperform Home Depot as the housing market and world economy continue to improve. Develop the project financial statement that fully assess and evaluate the impact of your proposed strategy.
Sund Corporation bases its budgets on the activity measure “customers served”. During April, the company plans to serve 38,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting: Fixed element per ..
question using these 2007 annual reports for the coca-cola company and pepsico inc. answer the subsequent questions.
irons delivery inc. purchased a new delivery truck for 42000 on january 1 2009. the truck is expected to have a 2000
Prepare adjusting entries in the journal format the allowance for doubtful accounts should be increased by 1% of total revenue of $35,000 insurance expired during the year total $1,300 signed a 90-day note at 6% for $300,000 shown as notes payable. A..
Review the educational and experience requirements to sit for the Uniform CPA Examination published by the Board of Accountancy for the State in which you intent to pursue licensure, in addition to licensure and continuing professional education r..
Finlon Upholstery, Inc. uses a job-order costing system to accumulate manufacturing costs. The company’s work-in-process on December 31, 20x1, consisted of one job (no. 2077), which was carried on the year-end balance sheet at $156,800. Determine the..
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