accoounting

  This is a graded discussion forum. Your first message should be posted by Wednesday. At least 3 comments are required. The best practice is to post at the beginning, middle, and end of the week. Required: The Week 1 Discussion consists of three separate questions. You will answer one or more of the following … Read more

Smith Hardware

   Smith’s Home Hardware is a successful Arizona – based retail operation, realizing significant profits from its retail hardware stores. Smith’s creates a subsidiary (“Alixco”) by contributing $70 million of capital. The contribution of capital includes: $15 million of inventory, $15 million of CD’s, a $10 million office building in Missouri, and patents on high-tech … Read more

Closing Entries project 2

The attached excel worksheet is the project. You will complete the worksheet by making the necessary adjustments. Afterwards, you will prepare the adjusted trial balance, income statement, and balance sheet. The worksheet is the only one that you will use and return. Do not convert it into PDF. Points will be taken off for not … Read more

Closing Entries project

The attached excel worksheet is the project. You will complete the worksheet by making the necessary adjustments. Afterwards, you will prepare the adjusted trial balance, income statement, and balance sheet. The worksheet is the only one that you will use and return. Do not convert it into PDF. Points will be taken off for not … Read more

Tax question

Question 1:   List all the specific tax consequences suitable for the given case for TOM and DONNA who are the sellers of their heating oil delivery business ( an S corporation) Question 2:  According to the data given in the question, calculate and fill final tax return for the company that was sold by … Read more

Unit 3 (ACC310) – Part 2 due 11.24.2022

 The Super Hero Theme Park was started on January 1 of the current year by Dr. Strange. The following selected events and transactions occurred during January: 1-Jan Jack Strange, the owner, invested $50,000 in the business. 5-Jan Purchased equipment for $100,000 on account from The Gotham Company. 8-Jan Incurred advertising expense of $1,800 on account … Read more