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Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2015 are as follows:                                                                        Units                 Per unit price           Total Balance, 1/1/15                                             200                          $5.00              $1,000 Purchase, 1/15/15                                        100                            5.30                    530 Purchase, 1/28/15                                        100                            5.50                    550   An end of the month (1/31/15) inventory showed that 160 units were on hand. How many units did the company sell during January, 2015?

Which of the following statements best describes the author’s purpose in William Blake’s “The Tyger?” 

On January 1, 2015, Smith Corporation issued $5,000,000, 10-year, 8% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction on January 1, 2015 is a.  Cash…………………………………………………………………………… 5,000,000                Bonds Payable…………………………………………………….                        5,000,000   b.  Cash…………………………………………………………………………… 5,100,000                Bonds Payable…………………………………………………….                        5,100,000   c.  Premium on Bonds Payable………………………………………….. 100,000       Cash…………………………………………………………………………..5,000,000                Bonds Payable…………………………………………………….                        5,100,000   d.  Cash…………………………………………………………………………… 5,100,000                Bonds Payable…………………………………………………….                        5,000,000                Premium on Bonds Payable…………………………………..                           100,000

In William Blake’s “The Tyger,” how does the line “Did He who made the Lamb make thee?” (Line 20) contribute to the the development of the poem? 

Nick’s Place recorded the following data:                                                           Units                                  Date                Received         Sold     On Hand             Unit Cost 1/1 Inventory                                             600              $2.50 1/8 Purchased     1,000                          1,600                 3.00 1/12 Sold                               1,200          400   The weighted average unit cost of the inventory at January 31 is:

What is the name of the textbook required for this course?

Partridge Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date                                        Purchases                               Sales Jan.    14                                                                             375 @ $14            17                                250 @ $10            25                                250 @ $11            29                                                                             260 @ $16   Partridge does not maintain perpetual inventory records. According to a physical count, 365 units were on hand at January 31.   The cost of the inventory at January 31, under the LIFO method is:

Which of the following methods of computing depreciation is production based and its expense fluctuates? 

Tucson Belt Supplier (TBS) specializes in handmade high-quality leather belts. TBS sells two products: an everyday working belt and a rodeo belt adorned with ornamental beads, metals, stones, or jewels along with an oversized belt buckle and custom stitching. Vista del Rio Rodeo Club, a local collective of rodeo enthusiasts, is looking to purchase new rodeo belts for their upcoming season. Vista has submitted an offer to TBS to purchase 24 rodeo belts for $100 each as a proposed quantity discount since typical retail is $125. Additional information is detailed below: Part III. Question 5: Based on the quantitative information provided, should TBS accept this special order?   Select one answer.

(This is an example of that long worksheet you had to do for your homework problem. How did I show you to balance  the final totals to determine the worksheet?) Hint: Keep in mind your final amount of Revenues vs Expenses and Assets vs Liability The income statement and balance sheet columns of Iron and Wine Company’s worksheet reflect the following totals:                                                                                                                                                                                                           Income Statement                            Balance Sheet                                                                 Dr.                    Cr.                          Dr.                    Cr.                            Totals                   $72,000           $44,000                 $60,000           $88,000   The net income (or loss) for the period is