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devry acct 212 week 4 discussion




Question;Week 4 discussions;Inventory Management (graded);A;review of the balance sheet of a retailer, such as Wal-Mart, will disclose that;in current assets the majority investment is in inventory. With manufacturers;such as Ford, the inventory is spread between three different categories. Let's;start our discussion with some basic inventory questions. How is inventory;valued? Which inventory valuation method is most popular and why? What impact;on the financial reports can the selection of an inventory valuation method;have?;Course Project 1 Part A (graded);Go to Course Home and review the Course Project;tab. Continue to use the Course Project template from Doc Sharing. In this;graded discussion, we will be examining the operation of the Accounting;Information System (AIS) with the use of problems and exercises from your;textbook. The goal is to cover all of the requirements to ensure an opportunity;for your successful completion of Course Project 1 - Part B.;Let's start with Exercise 3-22A and practice;developing journal entries to make adjustments. Select one of the six;transactions and develop the adjusting journal entry. If you are using an;example found in the textbook do mention the page number.;Adjusting;Entries;Account;Debit;Credit;Insurance;Expense;900;Prepaid;Insurance;900


Paper#44035 | Written in 18-Jul-2015

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