Accounting
Question:
The following sales invoice is entered into the Jan 2016 sales journal: sales invoice $6000 was dated 12.31.15 and shipped 12.30.15 and cost of merchandise sold was $4000.  It is FOB shipping point.  Is an adjusting journal entry necessary and if so what should it be?

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Accounting
Question:
1)             Before your physical observation of an inventory count, you obtained a copy of the client’s inventory instructions and reviewed them with the controller.  You noted the following features of their processes:  1) shipping operations will not be halted during the count and 2) there will be no double counting of the original inventory count by a second counting team.  Evaluated the importance of each of these features and describe and audit procedure you might use to compensate for each feature.  Note that as an auditor, you cannot force the client to alter their procedures and must adapt to them through your own tests.  This question is adapted from the text and the normal caveats about not trying to looking up the solution apply.    Hint:  While these features complicate taking a physical inventory, they are not uncommon.  Firms don’t want to risk losing customers by delaying shipments during a count and doing a complete double count is expensive and not usually done.  Your job is to discuss what audit procedures you would use to compensate for these features but you should not recommend changes to the client’s approach.

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Finance
Question:
The 2001 recession ended in November 2001, but the perception of “bad economic times” lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession? Hint: contrast the performance of the unemployment rate and the level of real GDP during the period from 2001 through 2003.

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Business
Question:
I need help writing a Term Paper with the attached requirements Due date is August 6th.

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Business
Question:
Currently it is week 10 of the project and the amount completed is shown in the table below. What is the status of the project (over/under budget, ahead/on/behind schedule)? Activity                         A       B       C       D       E       F       G       H %  Completed          100    100    100   70     30     20      0       0

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