Accounting Answers

a) Explain three limitations of the linear regression analysis

Calculate the weighted average outstanding shares. The answer is 249.

1/1 Outstanding = 100 shares

4/1 Issued = 20 shares

6/1 Declared dividend = 10%

10/1 Acquired = 10 shares

11/1 declared = 2:1 stock split

if Lars' Land Racers wanted a unit market share of 24.0% with no change in their Average Selling Price Per Unit, what would their Dollar Market share? Assume that the total market size in dollars and units does not change.

ABC company sold a truck for $950,000 the truck had been purchased 2 years on Jan for $230,000 the amount of deportation is $400 at year accumulative for the amount was recorded at the end of the two previous years.

A. Record the depreciation for the current year to JUN 30

B. record the sale of the truck

The first is applying data analysis to catch pickpockets and increase public safety in Beijing’s subway system. The second is to apply the MineSweeper game logic to screen and detect internal control risks. The four types of data analysis in detail.

What type of the analysis is for the first case introduced?

1. Descriptive analytics.              B. Diagnostic analytics.
2. Predictive analytics.              D. Prescriptive analytics

The three principles to design high quality data visualization. Write a paragraph about what is data deception and how to avoid data deception.

Happy House Bakeshop uses a cash receipts journal, a sales journal, purchases journal, cash disbursements journal, cash receipts journal, and a general journal. 

1. Identify which journal should be used to record each of the following transactions? 

A. Adjusting entry to record depreciation

B. Purchase of baking equipment on credit

C. Sale of merchandise on credit

D. Sale of merchandise for cash

E. Cash refund to a customer who returned a product that was purchased

F. Return of merchandise to a vendor that was damage

G. Payment of property taxes 

H. Purchase of a delivery van for cash

I. Purchase of merchandise on credit

2. Explain how special journals can benefit accounting personnel.

3. Explain what you have learned about companies using special journals.

4. What information covered in Unit 4 interest you most and why?

Think of a company you may have worked for or one that you may be interested in working for. Once you have determined the company, write a paper that answers the following questions:  

• What is the name of the company?
• What are the company’s accounting and organizational internal control procedures? 
• What are your suggestions for the company on internal controls improvements? 
• Has the company ever experienced fraud? 
• What is the company’s plan to reduce fraud?

As technology continues to progress, careers in accounting information systems are being created. For this discussion take a moment to explore some of the new career paths in accounting information systems. In the discussion forum, post an initial response that answers the following questions:

• Explain which accounting information systems career path interests you.
• Discuss why this career interests you.
• Explain if the accounting information system position you chose can or cannot be used in your country.

On 1.1/20X0, you are hired as a manager for a company with a resource of 1 billion Vietnam Dong in cash (500 million from owner’s money and 500 millionfrom creditor). In January:

Company purchase goods which cost 300 million in cash and then re-sell with 400 million(received cash)

Borrow 200 million cash from bank and purchase a machine which)costs 300 million (paid by cash)

Record the above transactions in terms of changes in the elements of the accounting equation.

Dec1, 2020 Jimmy, the business owner input cash $ 7,000 and $2000 computer into the business