Exercise 4-19 – Wainwright Corporation Required: 1.  Analyze each transaction and classify each as a financing, investing and/or operating activity (a transaction can represent more than one...

Week 1 DQ 2 Cash vs. Accrual Judgment Case 2-1 p. 109 You have recently been hired by Davis & Company, a small public accounting firm. One of the firms partners, Alice Davis, has asked you to...

Week 2 Installment Sales Exercise 5-3  – Charter Corporation Prepare summary journal entries for 2011 and 2012 to account for the installment sales and cash collections. The company uses the...

Week 2 Project Contracts Exercise 5-10 Sanderson Construction Required: 1. Determine the amount of gross profit or loss to be recognized in each of the three years using the percentage-...

Exercise 4-16  Required: Prepare a statement of cash flows for 2011 for Bluebonnet Bakers. Use the direct method for reporting operating activities.

Assignment 2 Tax Cuts and Jobs Act The Tax Cuts and Jobs Act was signed on December 22, 2017 and produced some of the most significant impacts in tax law in over 30 years. In this assignment, you...