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\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/acc-201-module-3-slp-latest-trident/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nACC 201 Module 3 SLP Latest-Trident\nACC201\nACC 201 Module 3 SLP Latest-Trident\nModule 3 – SLP\nBALANCE SHEET\nWe’re continuing to analyze the same company as in modules 1 and 2.\nAdditional information added in module 2\n• One client had indicated that they were interested in purchasing $42,500 worth of products. However, the client has not actually committed to the purchase.\n• The bookkeeper already corrected the sales account. However, the bookkeeper may have made a mistake when computing cost of goods sold. She included total production costs for 2014 and did not adjust ending inventory for the $42,500 worth of units left at the end of the year. The amount of ending inventory was determined using a physical count.\n

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acc 201 module 3 slp latest trident

ACC 201 MODULE 3 SLP LATEST-TRIDENT

Visit Below Link, To Download This Course:

https://www.tutorialsservice.net/product/acc-201-module-3-slp-latest-trident/

Or

Email us on

SUPPORT@TUTORIALSSERVICE.NET

ACC 201 Module 3 SLP Latest-Trident

ACC201

ACC 201 Module 3 SLP Latest-Trident

Module 3 – SLP

BALANCE SHEET

We’re continuing to analyze the same company as in modules 1 and 2.

Additional information added in module 2

One client had indicated that they were interested in purchasing $42,500 worth of products. However, the client has not actually

committed to the purchase.

The bookkeeper already corrected the sales account. However, the bookkeeper may have made a mistake when computing cost of goods

sold. She included total production costs for 2014 and did not adjust ending inventory for the $42,500 worth of units left at the end of the

year. The amount of ending inventory was determined using a physical count.

additional information for module 3

Additional information for module 3

The company made a secondary offering of stock and raised an additional $180,000 which includes $150,000 of Paid-in Capital.

The company had already paid $15,000 in dividends before deciding on the offering.

The company now has cash to invest in a piece of raw land on which to build in the future. The investment takes place before year end.

The cost of the land is $400,000, the down payment is $40,000 and a note to the bank covers the rest.

Nybrostrand Company

31-Dec-14

Trial Balance (accounts in alphabetical order)

Accounts payable

Accounts receivable

Cash

Common stock

Depreciation expense

Cost of goods sold

Equipment (net of depreciation)

Insurance

Inventory

Long-term debt

Marketing

Paid-in capital

Property taxes

Rent

Retained earnings

Revenues

Salaries

Utilities

Total

Debit

$ 36,500

30,000

24,350

307,000

415,000

1,400

34,000

4,500

16,900

28,000

78,500

6,700

982,850

Credit

$ 78,000

10,000

127,000

50,000

?

586,000

982,850

SLP Assignment Expectations

Prepare a balance sheet for the company in good format. Update the balance sheet for the changes to income in module 2 and also consider the

effect of paying the dividend. You do not need to include the income statement.

the submission should be 2 to 4 pages and need

The submission should be 2 to 4 pages and need to include answers to all the questions listed above. Show computations, discuss the results and

include references in APA format.

When your paper is done, send it in. .

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