Beckett Companys balance sheet shows Inventories $162,800. What additional disclosures should be made?
Question:
Beckett Company’s balance sheet shows Inventories $162,800. What additional disclosures should be made?
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Beckett Company should disclose 1 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Willingham Companys balance sheet shows Inventories $162,800.What additional disclosures should be made?
-
What disclosures should be made by a lessee if the leased assets and the related obligation are not capitalized?
-
What disclosures should be made in the financial statements regarding material related party transactions?
-
A. Discuss the following conceptual model/framework of Orem's Self-Care Theory CONDITIONING FACTORS (12 MARKS) Orem's Self-Care Theory Conceptual Framework SELF-CARE AGENCY SELF-CARE DEFICIT NURSING...
-
A survey of grocery stores in the Southeast revealed 40% had a pharmacy, 50% had a floral shop, and 70% had a deli. Suppose 10% of the stores have all three departments, 30% have both a pharmacy and...
-
If lines land mare parallel lines and if lines land n are skew lines, is it true that lines m and n must also be skew? (Look at Fig. 8.5) Explain your answer and include a sketch to support your...
-
Rearrange the following items in chronological order to show how companies have evolved in incorporating quality concepts into organizational culture a. Emphasis on quality inspections. b. Adoption...
-
New Morning Bakery is in the process of closing its operations. It sold its two-year-old bakery ovens to Great Harvest Bakery for $ 700,000. The ovens originally cost $ 910,000, had an estimated...
-
Conduct research and write a4-5 pagepaper on financial strategies that healthcare organizationsuseto secure financing, while considering the current economic status of your home state. In your paper,...
-
Given is a CPM project network diagram as shown below. Activit y day Start Start 0 A 5 A B B 9 a) The Project Completion time = Blank 1 days. C 4 C D b) The Earliest Start time, ES, of Activity G =...
-
Capaldo Music Center has five CD players on hand at the balance sheet date that cost $400 each. The current replacement cost is $350 per unit. Under the lower-of-cost-or-market basis of accounting...
-
Nele Company discovers in 2010 that its ending inventory at December 31, 2009, was $5,000 understated. What effect will this error have on (a) 2009 net income, (b) 2010 net income, and (c) The...
-
Bens' Corporation paid $12,000 on December 31, 2019, for equipment with a three-year useful life. The equipment will be depreciated in the amount of $4,000 each year. Bens' took the entire $12,000 as...
-
(3 marks) Question 2 (32 marks) Jenny has $200,000 to invest and is considering the merits of two securities. He is interested in the common shares of X Co. and Y Inc. The possible monthly rate of...
-
how to calculate present value, assuming the shareholder expect cash benefit of $18 per year per share, to sell the share for $100 in 3 years time and a required rate of return of 15% per annum. May...
-
reference: https://youtu.be/VYU1Q-ryj_g Which advantages do financial institutions provide when compared to the financial markets? Why is liquidity important in defining the money supply for a...
-
b) Compute the difference in the log value that optimist and pessimists attach to the bond, i.e. In Vo In Voss. In = VOpt. 0,T 0,T VPs). How does bond maturity affect the disagreement between...
-
7. Which one of the following time periods is included in the accounts receivable period but not in the cash collection period? Points) period of time it takes an invoice to reach a customer by mail...
-
What is the best way to open a media release?
-
Modify the counter from Exercise 5.44 such that the counter will either increment by 4 or load a new 32-bit value, D, on each clock edge, depending on a control signal Load. When Load = 1, the...
-
Oxygen can be prepared in the laboratory by heating KClO 3 in the presence of MnO 2 . Write the equation; then determine the mass of KClO 3 needed to produce 0.50 L O 2 gas at 27 C and 755 torr...
-
Sid Hosey, your uncle, is an inventor who has decided to incorporate. Uncle Sid knows that you are an accounting major at U.N.O. In a recent letter to you, he ends with the question, Im filling out a...
-
The R&D division of Marco Chemical Corp. has just developed a chemical for sterilizing the vicious Brazilian killer bees which are invading Mexico and the southern states of the United States. The...
-
The R&D division of Marco Chemical Corp. has just developed a chemical for sterilizing the vicious Brazilian killer bees which are invading Mexico and the southern states of the United States. The...
-
Basic Probability Rules and Notation Bank of Symbols to Copy and Paste and or not not intersection union ~ complement C complement
-
Wee Beastie Animal Farm bonds have 8 years to maturity and pay an annual coupon at the rate of 5.8%. The price of the bonds is $1,067.19 to yield 4.77%. What is the capital gain yield on the bonds
-
7. Mansi Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows -$650 $300 $325 $350 a. 1.80 years b. 1.78 years c. 1.95 years d....
Study smarter with the SolutionInn App