HLT307VAssignment

HLT 307V Grand Canyon Week 5 Assignment

HLT307V

Week 5 Assignment Professional Development Plan

Details:

Read the Introduction to the "Professional Development Plan" carefully.

Fill out this document in its entirety. Be completely honest in your self-evaluative responses. This resource is intended to provide you with insight into your professional practice that you may have overlooked in the past.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to Turnitin.


HLT 307V Grand Canyon Week 5 Assignment

Details:

Read the Introduction to the "Professional Development Plan" carefully.

Fill out this document in its entirety. Be completely honest in your self-evaluative responses. This resource is intended to provide you HLT307VAssignment with insight into your professional practice that you may have overlooked in the HLT307VGrandCanyonWeek5Assignment past.

APA format is not required, but solid HLT 307V academic writing is expected.

You are not required to submit this assignment to Turnitin.


HLT 307V Grand Canyon Week 5 Assignment



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ACCT 304

ACCT 304 DEVRY WEEK 5 COMPLETE WORK LATEST

ACCT 304 DeVry Week 5 Complete Work Latest

ACCT 304 DeVry Week 5 DQ 1 Cash

Cash is listed first on the balance sheet because it is the asset most readily available to pay off debt or use in operations. Cash is also one of the assets that most often “grows legs” and walks away. Therefore, it is important that any business protect its cash; it does so through Internal Control Procedures. Please start by defining Internal Control, then discuss specific procedures related to cash.

ACCT 304 DeVry Week 5 DQ 2 Receivables

When a business extends credit to its customers, we call this Accounts Receivable. Often a business will grant its customers a discount. What are the two types of discounts, and how does the journal entry to record the sale change when there is a discount granted?

ACCT 304 DeVry Week 5 Quiz

(TCO 7) Compensating balances represent

funds in a bank account that cannot be spent.

balances in a payroll checking account.

accounts that are subject to bank service charges.

accounts on which banks pay interest, such as NOW accounts.

Question 2. Question : (TCO 7) On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit term ACCT 304 DeVry Week 5 Complete Work 2/10, n/30. Flores uses the gross method of accounting for cash discounts. What is the correct entry for Flores on November 17, assuming the correct payment was received on that date?

Option a

Option b

Option c

Option d

Question 3. Question : (TCO 7) Which of click here the following is recorded by a credit to accounts receivable?

Sale of inventory on account

Estimating the annual allowance for uncollectible accounts

Estimating annual sales returns

Write-off of bad debts

Question 4. Question : (TCO 7) Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $2,750, and the bank balance on the bank statement was $2,980. Outstanding checks totaled $680, and deposits in transit were $400. The bank statement revealed that a check written for $120 was incorrectly recorded by Brockton as a $220 disbursement. The bank statement listed service charges and NSF check charges totaling $150. The corrected cash balance is

$2,270.

$2,550.

$2,470.

$2,700.

Question 5. Question : (TCO 7) Calistoga Produce estimates bad debt expense at ½% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at December 31, 2010. click here During 2011, Calistoga’s credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off. Calistoga’s adjusted allowance for uncollectible accounts at December 31, 2011 is

$1,575.

$1,505.

$1,650.

$1,720.

Tags: ACCT 304, ACCT 304 DeVry, ACCT 304 DeVry Week 5 Complete Work, ACCT 304 Week 5, ACCT304, ACCT304DeVry, ACCT304DeVryWeek5CompleteWork, ACCT304Week5

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