This is not a question but marking guide to other questions I sent to you. Please ignore this and continue with the rest of the questions. Thanks

Marking Guide Task Marks Inventory (16 Marks) 1(a): compute gross profit using FIFO method of costing 1(b): explain why gross margin is higher under one costing method than another 2 2 : explain benefit of a physical inventory count 2 3(a): accounting treatment of FOB Destination purchase with AJE*, if needed 4 3(b): accounting treatment of inventory net realizable value with AJE*, if needed Capital Assets (22 Marks) 1(a): allocation of cost between land and building and AJE* 1(b): accounting treatment of building improvement and AJE* 4 1(c): recommend depreciation method, calculate depreciation expense, and AJE* for building 5 2 : recommend depreciation method, calculate depreciation expense, & AJE* for equipment 5 3 : recommend accounting treatment of internally generated goodwill and AJE*, if needed 4 Current and Long-term Liabilities (14 Marks) 1 : Record breakage revenue to recognize in 2019 and AJE* 2(a): calculate the total principal reduction in the 2019 fiscal year 3 2(b): AJE* to move amount from Interest Expense to reduction in Mortgage Payable 3 2(c): AJE* to move Current Portion of Mortgage Payable 3 3 : accounting treatment of contingent loss and AJE* 4 Shareholders' Equity (4 Marks) 1 : Use any information that is relevant to update the Trial Balance (if it is not relevant then 2 type "N/A" in the word document under Shareholder's Equity Posting AJEs (2 Marks) AJEs* provided to the Accountant are posted to the Excel trial balance 2 Analysis (17 Marks) Wajax Corporation's Statement of Income is correctly entered in Excel spreadsheet 2 Excel spreadsheet computes common size Statement of Income for HEMI & Wajax Corporation 4 One-page report analyzing HEMI's financial information against Wajax Corporation 13 Total Marks 175