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Tag: Financial Accounting

  • [Solved] Business Finance – Accounting AT2: Assignment – Partnerships

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    [>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting) I just wanted to clarify that I created the following tables based on the Income Statement, Trial Balance, and the instructions given in Part B of the task: Profit & Loss Account Profit & Loss Appropriation Ac…

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    [>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting)

    I just wanted to clarify that I created the following tables based on the Income Statement, Trial Balance, and the instructions given in Part B of the task:

    Profit & Loss Account

    Profit & Loss Appropriation Account

    Current Account – Hari

    Current Account – Jane

    I applied the rules as outlined in the textbook, such as:

    The Profit & Loss account records:

    • All business expenses and incomes to calculate net profit

    • The following items relating to individual partners are treated as business expenses/incomes:

    • Interest on Loans by a partner

    • Interest on Advance/Loan to a partner

    • Salaries to Partners.

    The Profit & Loss Appropriation account records:

    •The Net Profit transferred from the Profit & Loss account.

    •Any Interest on Capital credited to partners on balances of their capital accounts.

    •Any Interest on Drawings charged to partners on the amount of their drawings.

    •The Share of Profits to the partners in accordance with the partnership agreement.

    The Current account is used to record all other transactions affecting the equity of the partner:

    •Share of profits.

    •Partner's salary (if credited and not paid).

    •Drawings.

    •Interest on "fixed" capital.

    •Interest on drawings.

    •Any adjustments between the partners.

    **(An annual salary of $10,000 which is not paid in cash, is to be credited to Jane (at the end of each financial year on 30 June))**

    I truly feel that I followed the correct structure, yet today I received this feedback:

    Unfortunately, your answers are completely wrong. These are ledger accounts, not statements. You have to have the closing balance marked by CR/DR in each line. Each account must have an opening balance and a closing balance. You either move the closing balance to another account and bring it to NIL, or keep the closing balance (depending on the nature of the account).

    You need to study the relevant material carefully, practice the examples given in the collaborative session 5, and in the textbook (Chapter 5 – Part 2) and try this question from scratch.

    I'm confused and also starting to feel frustrated after being told several times that my answers are wrong, even though I've carefully applied what's in the textbook.

    Could you please take a look at my tables and provide specific feedback on what exactly is incorrect? I really want to understand where I'm going wrong so I can improve. And please write balance cells too.

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    bandicam2025-03-2613-17-56-213.jpg](https://www.sweetstudy.com/files/bandicam2025-03-2613-17-56-213-jpg "bandicam2025-03-2613-17-56-213.jpg")
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    bandicam2025-03-2613-17-29-669.jpg](https://www.sweetstudy.com/files/bandicam2025-03-2613-17-29-669-jpg "bandicam2025-03-2613-17-29-669.jpg")
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    bandicam2025-03-2613-17-46-705.jpg](https://www.sweetstudy.com/files/bandicam2025-03-2613-17-46-705-jpg "bandicam2025-03-2613-17-46-705.jpg")
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    bandicam2025-03-2613-17-09-797.jpg](https://www.sweetstudy.com/files/bandicam2025-03-2613-17-09-797-jpg "bandicam2025-03-2613-17-09-797.jpg")
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    bandicam2025-03-2613-17-19-691.jpg](https://www.sweetstudy.com/files/bandicam2025-03-2613-17-19-691-jpg "bandicam2025-03-2613-17-19-691.jpg")

    – 2 years ago

  • [Solved] Business & Finance ACC 201 Module Four Assignment Guidelines and Rubric Overview

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    ## ACC 201 Module Four Assignment Guidelines and Rubric ### Overview Internal controls are methods and strategies used to keep information and inventory safe from theft and to easily tell if something is compromised or missing. In this assignment, you will recommend internal controls for safeguardin…

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    Assignment Prompt & Instructions

    ## ACC 201 Module Four Assignment Guidelines and Rubric

    ### Overview

    Internal controls are methods and strategies used to keep information and inventory safe from theft and to easily tell if something is compromised or missing. In this assignment, you will recommend internal controls for safeguarding inventory from an accounting perspective and explain which financial statements are affected by missing inventory.

    ### Scenario

    One of your friends has opened a new wholesale electronics business and wants your help figuring out some inventory issues they are facing.

    One night last week, there seemed to be fewer HD televisions in the warehouse than they expected. The last time they were in the warehouse was a week earlier, and they hadn’t noticed anything amiss.

    As they looked around, they saw that the evening warehouse worker was filling the last orders of the day. The delivery driver and day warehouse worker were gone for the day, and the delivery van keys were on the desk that the warehouse workers shared. The doors to the loading dock were open, as was the door to the office area where the accountant, two customer service specialists, and the owner worked.

    Knowing that you are familiar with accounting principles, they asked for your help in figuring out how to prevent this in the future.

    ### Prompt

    Based on what you have learned about internal controls, provide recommendations on what controls the business owner should put in place to prevent loss of inventory and ensure that any losses are reported immediately. Also, specify which parts of the financial statements are affected by these losses.

    Specifically, you must address the following rubric criteria:

    – **Role of Internal Controls**

    Explain the role of internal controls in business settings. Also explain how not having internal controls in place may impact the accurate analysis of any wrongdoing.
    – **Recommendations**
    – Recommend at least two internal controls that should be put in place to prevent inventory from going “missing,” noting any assumptions you are making about the root cause of the missing products and how your recommendations will help address them.
    – Recommend at least one control that should be put in place to alert the owner if something is actually missing.
    – **Financial Statements**

    If you found that two $400 HD televisions were missing, explain which financial statements you would correct and how. Be specific as to accounts and amounts.
    – **Citations and Attributions**

    Support your response with cited sources using APA style.

    ### What to Submit

    Submit a 1- to 2-page Word document with 12-point Times New Roman font, double spacing, and one-inch margins. Sources should be cited according to APA style.

    ### Module Four Assignment Rubric

    CriteriaExemplary (100%)Proficient (85%)Needs Improvement (55%)Not Evident (0%)Value **Role of Internal Controls** Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains the role of internal controls in business settings and how not having internal controls in place may impact the accurate analysis of wrongdoingShows progress toward proficiency, but with errors or omissions; areas for improvement may include not fully explaining how a lack of internal controls may impact the accurate analysis of wrongdoingDoes not attempt criterion20 **Recommendations** Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerRecommends at least two internal controls that should be put in place to prevent inventory from going “missing,” noting any assumptions about the root cause of the missing products and how the recommendations will help address them; recommends at least one control that should be put in place to alert the owner if something is actually missingShows progress toward proficiency, but with errors or omissions; areas for improvement may include recommending only one internal control to prevent inventory from going missing, not including assumptions about the root cause of the missing products and recommendations to address them, not recommending an internal control to alert the owner if something goes missingDoes not attempt criterion40 **Financial Statements** Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains which financial statements would need correction and how; specifies accounts and amountsShows progress toward proficiency, but with errors or omissions; areas for improvement may include providing only partial explanation of some financial statements that would need correction, not specifying the correct accounts and amountsDoes not attempt criterion20 **Articulation of Response** Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerClearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purposeShows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readabilitySubmission has critical errors in grammar, sentence structure, and spelling, preventing understanding of ideas15 **Citations and Attributions** Uses citations for ideas requiring attribution, with few or no minor errorsUses citations for ideas requiring attribution, with consistent minor errorsUses citations for ideas requiring attribution, with major errorsDoes not use citations for ideas requiring attribution5 **Total:** 100%

    – 2 years ago

  • [Solved] Article #1 Marketing Solutions

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    [>Marketing homework help](https://www.sweetstudy.com/fields/business-finance-marketing) **REQUIREMENTS** – Four (4) current peer-reviewed marketing articles. – Use the required**Article Review Template**. Any other submissions will not receive credit. – The originality report for each article must …

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    Assignment Prompt & Instructions

    [>Marketing homework help](https://www.sweetstudy.com/fields/business-finance-marketing)

    **REQUIREMENTS**

    – Four (4) current peer-reviewed marketing articles.
    – Use the required**Article Review Template**. Any other submissions will not receive credit.
    – The originality report for each article must not exceed 15%.

    **Page 1** – **Cover Page**

    **Page 2** – **Article Summary****(1 FULL page, minimum, 1-inch margins, double spaced, 12 pt. font)**

    – Summarize the key points of the article.
    – Use direct quotes or paraphrase the author in each paragraph.

    **Page 3 & 4** – **Personal Review****(2 FULL pages, minimum, 1-inch margins, double spaced, 12 pt. font)**

    – Detail a personal review of the article and how it applies and impacts your field and profession.
    – Utilize quotes and directly connect content to your industry.

    **Page 5** – **Reference Page** (APA format)

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    REC670ArticleReviewTemplate-Spring20221-1.docx](https://www.sweetstudy.com/files/rec670articlereviewtemplate-spring20221-1-docx "REC670ArticleReviewTemplate-Spring20221-1.docx")

    – 2 years ago

  • [Solved] D1

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    [>Economics homework help](https://www.sweetstudy.com/fields/business-finance-economics) Identify two similarities and two differences between the for-profit business sector and the not-for-profit business sector. – Support your responses with specific examples and cite your sources. Submission: APA…

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    Assignment Prompt & Instructions

    [>Economics homework help](https://www.sweetstudy.com/fields/business-finance-economics)

    Identify two similarities and two differences between the for-profit business sector and the not-for-profit business sector.

    – Support your responses with specific examples and cite your sources.

    Submission: APA, 2 paragraphs

    – 2 years ago

  • [Solved] Research Project: Final Business Plan

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) ## Research Project: Final Business Plan – 2 years ago

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)

    ## Research Project: Final Business Plan

    – 2 years ago

  • [Solved] Presentation around 10 slides

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) The Chosen Business is EGSD (E-GREEN SOCIAL DESIGN) a Business close to Barcelona that is preparing people for the economy 4.0 using industrial 3D printing in plastics and ceramics, Virtual reality, AI… https:…

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)

    The Chosen Business is EGSD (E-GREEN SOCIAL DESIGN) a Business close to Barcelona that is preparing people for the economy 4.0

    using industrial 3D printing in plastics and ceramics, Virtual reality, AI…

    https://www.egsd.me/

    – [\
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    CW1REPORT.docx](https://www.sweetstudy.com/files/cw1report-docx "CW1REPORT.docx")
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    CW143.docx](https://www.sweetstudy.com/files/cw143-docx "CW143.docx")

    – 2 years ago

  • [Solved] Organizational Culture and Leadership

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) – 2 years ago

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)

    – 2 years ago

  • [Solved] Week 2 Discussion- Marketing

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    [>Marketing homework help](https://www.sweetstudy.com/fields/business-finance-marketing) **Conduct internet research and give examples, support, and explain your answers and positions.** **Include and Answer the following questions:** 1. Explain why marketers study buyer behavior and discuss charact…

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    Assignment Prompt & Instructions

    [>Marketing homework help](https://www.sweetstudy.com/fields/business-finance-marketing)

    **Conduct internet research and give examples, support, and explain your answers and positions.**

    **Include and Answer the following questions:**

    1. Explain why marketers study buyer behavior and discuss characteristics affecting consumer behavior. Which characteristics do you think would have the greatest impact on your decision to select a CBO to patronize?
    2. How has the McDonald’s concept changed since the 1960s? What environmental forces were behind these changes? How will McDonald’s concept change in the next decade, given the new forces operating in the environment?
    3. What environmental trends will affect the success of an HRT CBO in the next 10 years? If you were the director of marketing, what plans would you make to deal with these trends?

    **Explain** your answers?

    **Cite/quote** – 1 citation per paragraph using APA format?

    Reference/ Textbook

    Godin, S. (2018). This is marketing. Portfolio Penguin. ISBN: 978-0-525-54083-0

    – 2 years ago

  • [Solved] Week 11: Interactive HR Analytics Dashboard

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) **Background:** SWAPNJEET Financial Services is a large financial institution with a diverse workforce. The company faces challenges with employee retention, as the attrition rate has been increasing over the …

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    Assignment Prompt & Instructions

    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)

    **Background:** SWAPNJEET Financial Services is a large financial institution with a diverse workforce. The company faces challenges with employee retention, as the attrition rate has been increasing over the past few years. The Human Resources (HR) department is tasked with analyzing employee data to identify trends and factors contributing to attrition. They aim to use this analysis to develop strategies for improving employee retention and job satisfaction. **Objectives:**

    1. **Understand Employee Demographics and Attrition:** Identify which demographics (age, gender, department, etc.) are most affected by attrition.
    2. **Evaluate Job Satisfaction:** Assess how job satisfaction varies across different job roles and departments.
    3. **Develop Data-Driven Strategies:** Use the insights from the analysis to propose actionable strategies to reduce attrition and improve employee satisfaction.

    You are given a dataset that includes various attributes of employees such as age, gender, department, job role, education level, years of experience, performance rating, work-life balance, annual salary, training hours, job involvement, job satisfaction, and attrition status. You are task to create an interactive and dynamic HR analytics dashboard using the provided dataset. **The dashboard should be** **modeled after the example dashboard shown in the provided video.** The key metrics and visualizations should include:

    01. **Employee Count:** Total number of employees.
    02. **Attrition Count:** Total number of employees who have left.
    03. **Attrition Rate:** Percentage of employees who have left.
    04. **Active Employees:** Number of current employees.
    05. **Department-wise Attrition:** Pie chart showing attrition by department.
    06. **Number of Employees by Age Group:** Bar chart showing the distribution of employees across different age groups.
    07. **Attrition by Gender:** Bar chart showing attrition by gender.
    08. **Education Field-wise Attrition:** Bar chart showing attrition by education field.
    09. **Attrition Rate by Gender for Different Age Groups:** Donut charts showing attrition rates by gender for different age groups.
    10. **Job Satisfaction Rating:** Heatmap or table showing job satisfaction ratings by job role.
    11. **Others:** Any other visuals or analysis you find appealing to add

    Ensure the dashboard is interactive and allows filtering by various dimensions such as department, gender, and education level. **You must use Excel to create the dashboard.Ensure that your submitted files include a sheet demonstrating the thoroughness of your analysis.Any dashboard generated using AI will be marked zero.Instructions**

    1. **Prepare Your Data:**
    – Clean and structure your data for analysis.
    2. **Create Visualizations:**
    – Employee Count: Use a card or KPI visualization.
    – Attrition Count and Rate: Calculate using formulas or calculated fields.
    – Department-wise Attrition: Create a pie chart.
    – Number of Employees by Age Group: Create a bar chart.
    – Attrition by Gender: Create a bar chart.
    – Education Field-wise Attrition: Create a bar chart.
    – Attrition Rate by Gender for Different Age Groups: Create donut charts.
    – Job Satisfaction Rating: Create a heatmap or table.
    – Any other visuals or analysis you find appeal to add
    3. **Assemble Your Dashboard:**
    – Arrange the visualizations in a clear and logical layout.
    – Add titles, labels, and legends.
    4. **Add Interactivity:**
    – Implement filters and slicers to allow users to interact with the data.
    5. **Review and Adjust:**
    – Ensure the dashboard is user-friendly and provides clear insights.
    – Adjust the layout and visualizations as needed.
    6. **Presentation**:

    – Prepare a brief report or presentation summarizing the findings.
    – Highlight key metrics and insights from the dashboard.
    – Include a 20 – 25 minute presentation video where you walk through the workings of the dashboard and a brief summary of the analysis. The presentation should cover:
    – **Overview of the Dashboard**: Introduce the key metrics and visualizations included.
    – **Data Sources and Preparation**: Explain the data cleaning and preparation steps and highlight key aspects of your analysis.
    – **Detailed Walkthrough**: Go through each visualization, explaining what it shows and why it is important.
    – **Key Insights and Observations**: Summarize the main findings and insights from the data.
    – **Technical Aspects**: Briefly discuss any technical challenges or interesting techniques used in creating the dashboard.

    **Submission:** Submit the Excel file containing the final dashboard, along with a sheet demonstrating the thoroughness of your analysis. Include a report or presentation with your analysis and insights. Additionally, submit the recorded presentation video file. **Any dashboard generated using AI will be marked zero. Evaluation Criteria:**

    – Accuracy of data cleaning and preparation.
    – Completeness and clarity of visualizations.
    – Creativity and effectiveness of the dashboard design.
    – Depth of analysis and quality of insights.
    – Overall presentation and communication, including the effectiveness of the recorded presentation video.

    **How to Design Beautiful Background for Dashboard |** [**#tableau**](https://www.youtube.com/hashtag/tableau) [**#excel**](https://www.youtube.com/hashtag/excel) [**#powerbi**](https://www.youtube.com/hashtag/powerbi) [**‪@datatutorials1‬**](https://www.youtube.com/@datatutorials1) https://youtu.be/IOzvRueiYi8

    **Excel Dashboard from start to end (Part 1) | HR Analytics Dashboard | Start to End Design**

    https://youtu.be/4WUzvr9jxGc

    **Excel Dashboard from start to end (Part 2) | HR Analytics Dashboard | Start to End Design** [**#excel**](https://www.youtube.com/hashtag/excel)

    https://youtu.be/j3YhwyliwsY

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    SWAPNJEET_HRDataforAnalysis1.xlsx](https://www.sweetstudy.com/files/swapnjeet-hrdataforanalysis1-xlsx "SWAPNJEET_HRDataforAnalysis1.xlsx")

    – 2 years ago

  • [Solved] 1-1 Discussion: Ownership Structures

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    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) Explain the advantages and disadvantages of bringing in a private management company such as SMG or Global Spectrum to manage a public sport facility. If you were the lead government official in your municipal…

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    Assignment Prompt & Instructions

    [>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)

    Explain the advantages and disadvantages of bringing in a private management company such as SMG or Global Spectrum to manage a public sport facility. If you were the lead government official in your municipality, would you hire private management or keep the facility under in-house control? Why?

    As the general manager of this type of facility, how would you evaluate organizational effectiveness? Choose one of the organizational models discussed in the module and explain how it would be used.

    – 2 years ago