Questions from College Accounting

Q: From the following, calculate the cost of raw materials used:

From the following, calculate the cost of raw materials used: Raw materials inventory, January 1 …………………………………… $ 6,700 Raw materials inventory, December 31 ……………………………….. 13,100 Purchases of raw mat...

Q: Using the Allowance for Doubtful Accounts method, what journal entries would

Using the Allowance for Doubtful Accounts method, what journal entries would be made to write off an account as well as later record the recovery of the accounts receivable?

Q: Explain how to calculate the total cost of goods manufactured.

Explain how to calculate the total cost of goods manufactured.

Q: Before Adjustment / Given: At year end

Before Adjustment Given: At year end, rent expired is $300. a. How much is the adjustment for Prepaid Rent? b. Complete a transaction analysis box for this adjustment. c. What will be the balance of...

Q: Draw a diagram to show the flow of manufacturing costs.

Draw a diagram to show the flow of manufacturing costs.

Q: Complete the following table by placing an X in the correct column

Complete the following table by placing an X in the correct column.

Q: Complete the following table by placing an X in the correct column

Complete the following table by placing an X in the correct column.

Q: Go to http://investor.kelloggs.com/investor-

Go to http://investor.kelloggs.com/investor-relations/annual-reports/ to access the Kellogg’s 2013 Annual Report. Find the balance sheet and calculate the following: How much did cash increase or decr...

Q: Go to the 2013 annual report for Kellogg’s Company at http://

Go to the 2013 annual report for Kellogg’s Company at http://investor.kelloggs.com/ investor-relations/annual-reports. Calculate for Kellogg’s the current ratio for 2012 and 2013.

Q: Go to the 2013 annual report for Kellogg’s Company at http://

Go to the 2013 annual report for Kellogg’s Company at http://investor.kelloggs.com/ investor-relations/annual-reports. Find the net sales figure for Latin America for 2013 in Project K in note 3.