Questions from College Accounting

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. What is the cost of finished goods inventory for 2013 as shown in note 17?

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 and find the balance sheet of Kellogg’s. Did Kellogg’s Accounts Payable go up or down f...

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

Go to http://investor.kelloggs.com/investor-relations/annual-reports/ to access Kellogg’s 2013 Annual Report. Find the statement of earnings. Sales are the revenue for a merchandise company. How much...

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. Look at Notes to Consolidated Financial Statements and use information from Note 17 pag...

Q: Before Adjustment / Given: Accrued Salaries,

Before Adjustment Given: Accrued Salaries, $125. a. Complete a transaction analysis box for this adjustment. b. What will be the balance of these two accounts on the adjusted trial balance?

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, and locate the balance sheet. How much has merchandise inventory increased or decreased...

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 and locate the consolidated statement of Income. How much has Selling and General Admini...

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 and find the Consolidated Statement of Income. What was the Interest Expense in 2012 and...

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 and, in note 3, find how much impairment has decreased from 2012 to 2013.

Q: Go to the consolidated balance sheet in the 2013 annual report for

Go to the consolidated balance sheet in the 2013 annual report for Kellogg’s Company at http://investor.kelloggs.com/investor-relations/annual-reports. What is the amount of retained earnings in 2013?...