The financial statements of the hershey company

Assignment Help Accounting Basics
Reference no: EM131146431

The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll in Appendix A.

Instructions

(a) Identify two accounts on Hershey's balance sheet that provide evidence that Hershey uses accrual accounting. In each case, identify the income statement account that would be affected by the adjustment process.

(b) Identify two accounts on Tootsie Roll's balance sheet that provide evidence that Tootsie Roll uses accrual accounting (different from the two you listed for Hershey). In each case, identify the income statement account that would be affected by the adjustment process. 

Reference no: EM131146431

Questions Cloud

What journal entry did laser recording make to record : Identify each of the adjustments Laser Recording Systems is discussing as one of the four types of possible adjustments discussed in the chapter. How is net income ultimately affected by each of the adjustments?
Discuss arguments for and against the firing : While walking through a public park on their way back to work after lunch, four employees of a large Internet services company begin clowning around and singing silly and raunchy songs. One of them captures the scene on his cell phone and later posts..
What relationship did the authors identify about companies : What method did the study's authors use to determine that companies were "managing" their earnings per share calculation?
What would a competing retailer have to do in order to get : What is your favorite retail store? Why do you like this retailer’s business? Which of the marketing mix elements of this business do you find most compelling? Explain why. What would a competing retailer have to do in order to get you switch your lo..
The financial statements of the hershey company : Identify two accounts on Hershey's balance sheet that provide evidence that Hershey uses accrual accounting. In each case, identify the income statement account that would be affected by the adjustment process.
Describe the two product and service offerings : Select two actual advertising campaigns (current or past) - choosing one that you think is effective and one that you think is ineffective. Briefly name and describe the two product/service offerings, then compare the two ad campaigns. What makes one..
Special problems-crises can new entrepreneurial businesses : What special problems and crises can new entrepreneurial businesses expect as they grow? Why do these occur? Respond to at least two of your classmates’ postings and provide recommendations to prevent or to solve the problems and crises they have ide..
How are cash equivalents defined in the notes : What activities are identified in the consolidated statement of cash flows as being responsible for the changes in cash during 2009?
Determine use integer programming versus linear programming : I understand that Integer programming uses whole number, and linear programming does not. However, what are some examples of best situations to use integer programming versus linear programming? Best situations to use linear programming versus intege..

Reviews

Write a Review

Accounting Basics Questions & Answers

  The cost formula for monthly customer order processing

the cost formula for monthly customer order processing cost has been established as 100.15 per order it is expected

  Compute the average annual cash inflows

Compute the average annual cash inflows

  At the time of the destruction mrs brown had an adjusted

during the current year mrs. brown paid 15000 for the demolition of a warehouse she was using in her business. at the

  Evaluate transfer pricing system seattle transit ltd

evaluate transfer pricing system seattle transit ltd. operates a local mass transit system. the transit authority is a

  Complete the balance sheet

Using the following data, complete the balance sheet. Blue Co.'s records show that current and former customers owe the firm a total of $4,000; $600 of this amount has been due for more than a year from two customers who are now bankrupt

  Compute nubones eva if total corporate assets are 500000

compute nubones eva if total corporate assets are 500000 current liabilities are 80000 after-tax operating income is

  On june 30 2013 rosetta granite purchased a machine for

on june 30 2013 rosetta granite purchased a machine for 146000. the estimated useful life of the machine is eight years

  Compound v11v is used to make hickenbottom corporations

compound v11v is used to make hickenbottom corporations major product. the standard cost of v11v is 20.70 per ounce and

  Provide an explanation between 200 and 300 words in length

label each exercise or problem clearly. use apa formatting and citation if needed.sand mell and rand are partners who

  Determine the dollar net cash

Use an Excel spreadsheet to determine the dollar net cash ?ows (after making the debt payment) that you would receive at the end of each of the last 7 years if you partially ?nanced the project by bor- rowing dollars.

  Thomas employment-related expenses

Thomas's employment-related expenses

  Appropriate amounts from the lettered list

Refer to the two lists that follow. Select the appropriate amounts from the lettered list for each item in the numbered list. An amount may be selected once, more than once, or not at all.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd