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Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing, and reporting these transactions to oversight agencies and tax collection entities.

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Are you able to understand the accounting principles in class, but once you start your homework at home you’re lost? We have more than 3,000 expert tutors available online to help you get through the toughest problems. Our online accounting tutors are qualified to help with the highest levels of accounting— even college accounting homework doesn’t intimidate them!

24/7 Accounting Help

Whether you’re stuck identifying cost drivers at midnight before your final exam or finishing up an income statement for class tomorrow, our tutors are available to help. Wherever you are, whenever you need them, our accounting tutors are ready to help you understand any and all accounting principles. If you forgot to ask a question at the review for the midterm or were distracted in the class on calculating net income, you can sign up for your own personal tutor and be prepared for your next class or exam.

One-to-One Sessions

Not everyone can learn in a group. Class lectures can be so large and it is easy to get behind. Get your own personal one-to-one session with an online accounting tutor at Tutor.com and stop playing catch up with your classmates. Debits and credits are very confusing—work through your accounting coursework one-to-one and don’t miss a beat!

Online Classroom Advantages

Work on accounting equations easily with your tutor in our online classroom. Easily walk through income statements and identify cost drivers using the chat feature. Or upload any file—from old tests to homework assignments—and go through them with your tutor to figure out where you went wrong. The interactive whiteboard is crucial to calculating net income and balance sheets so your tutor can see each step you make and help you along the way.

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Accounting Homework Help

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All the tutors I’ve dealt with on StudyGate were extremely helpful and professional. I don’t write reviews often, but you should definitely give it a try! Melissa at NYU

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✔ Experience personalized economics education support

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Common Problems Faced by Students While Working on Accounting Homework

Students are not aware of the difficulties that they have to face while studying accounting. It is a true challenge for most business students.

At StudyGate our accounting homework help is made to understand your needs and make sure you are set up for success. Our accounting tutors ensure you understand concepts, know-how to apply them in your assignments, and are ready for any challenges that may come your way – either in an exam or in-class assignments.

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We make learning fun. Straight from top universities like Stanford, Caltech, and NYU, our accounting tutors have the talent and personality to help students with their online accounting assignments. Our Studygate program is designed to fit your busy schedule, accounting homework help can be booked at your own pace, in your time zone.

Accounting plays a vital role in running a business and provides vital information regarding cost and earnings, profit and loss, liabilities and assets for decision making, planning, and controlling. This means that your accounting homework is important for your academic success. Whether you’re a business student seeking more broad accounting help in finance or managerial accounting or an accounting major pursuing a CPA career, an online accounting tutor will help you meet your goals.

Accounting Homework Help FAQs

How do I know accounting homework help will boost my grades?

Our risk-free guarantee was made to be sure you are 100% satisfied. We are committed to student success. In order to ensure our customers are 100% satisfied with the tutoring services StudyGate provides, we back our services up for complete satisfaction.

How will I know my accounting tutor is right for me and my accounting assignment?

Our accounting tutors take a one-to-one approach to be sure the student’s question and the way they learn and understand is unique to them and resulting in not only academic but social and emotional growth as well. Our tutors are solution-driven and start with the foundation and build on the concepts prior to reviewing specific subject questions.

How important is time management in accounting homework?

With an already intense school workload, students will find that their free time is limited. Studying accounting requires that students set aside time for homework or studying each night and plan around their classes. Our accounting tutors can work around your schedule 24/7 – we know students study at all times of the day.

What are some of the topics tutors cover while helping with accounting homework?

Accountancy is a profession that relies heavily on academic achievement for students to be successful in their professional career. Our accounting tutors cover topics ranging from: financial statement analysis, legal compliance, tax return preparation, financial record maintenance, management consultation, financial advisement, audit companies and seek ways to reduce cost and increase profits and uncover and prosecute fraud

Does it matter where I live in order to get accounting help?

No, we help students all over the world. Our tutors focus on the U.S. education system and guidelines and our approach has helped finance students beyond North America. We encourage everyone to be part of the StudyGate program.

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Accounting assignment help caters to the areas you need help with, rather than just doing the accounting assignment on your behalf. With an extensive experience of helping several thousand students, with their accounting homework, across globe, the expertise of our accounting tutors spans domains like ratio-analysis, cash-flow statement, break-even analysis, trial balance, balance sheets and other accounting assignment problems.

The Perfect solution: Accounting, as a subject, often deals with the correct answer and our accounting tutors boasts the ability to provide you with the same. Flawless and accurate answers are what you will get here and our team of accounting homework helpers will make sure that you get that all desired A-grades in all your accounting homework answers.

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Just drop us a mail at [email protected] or fill up the assignment request form on the right side. Our team will reach out to you immediately and we will assign one of the engineering assignment tutors online (exclusively for your work, as per your requirement) within 5 minutes. So what are you waiting for?

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Currently working as one of the senior accountants at a reputed accounting firm in California, our head accounting tutor is equipped with a Ph.D. in Cost-Benefit Analysis and had been associated with PwC in the past.
Having been a guest lecturer at London School of Economics and Political Science, she runs her own chartered accountant firm in Glasgow, Scotland. Her expertise in the field has enabled hundreds of students to complete their financial accounting courses with top grades.
Currently pursuing his second Ph.D. in financial management, the accounting tutor had been associated with a big name like JPMorgan Chase. HelpWithAssignment boasts his inclusion in the team of accounting tutors online from July 2016. His impeccable ability of ratio-analysis has already helped over 300 students to get “A” grades in their accounting homework answers, in such a short period.
After completing her Masters from the London Business School, in financial management, she started supporting HelpWithAssignment.com with accounting assignment solution. She carries in-depth knowledge of the cash flow statements, ratio analysis and also balance sheet evaluation.

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About Accounting & Accounting Homework:

What is Financial Accounting?

Accounting is an art of recording, organizing, maintaining and analyzing financial activities. Accounting is generally called as the “language of business”. The information that has been recorded is then used by users who assess the financial “health” and the condition of an organization.

Users of accounts are classified into two categories. The first is the Internal Users and then the External users. These Internal Users are the managers and employees of the organization. These managers and employees are part of the organization and are directly involved in the activities of the organization. The accounting information that internal users possess is used for decision-making in the organization.

While the External users are the creditors, banks and third parties, etc. Though, these users are directly not involved in the day-to-day affairs of the organization they have a stake in the interests of the organization in the form of their credit to the organization.

Accounting an Art or Science?

Accounting is regarded as art but not science because one organization may not follow the same set of rules that another organization uses. Thus every organization has its own way of treating financial information, thus making accounting an art but not science. Despite this, there have been standards issued by accounting authorities worldwide such as the GAAP or the Generally Accepted Accounting Principles. These rules are set by the International Accounts Standards Board

Management Accounting:

Managerial or Management accounting is a profession that involves management’s decision making, planning, and performance management system. It is a field of study that assists to measure, examine and report financial and non-financial information.

Fund Accounting:

It is a branch of accounting that deals with arrangement, allocation and management of funds. Various non-profit organizations that include Human Welfare organizations and NGO’s are used in this branch of accounting.

Tax Accounting:

Tax accounting deals with issues related to tax. That is why it is necessary to have a clear understanding of the basic principles and rules of taxes in order to solve any issue to prepare any assignment.

Financial Accounting

Financial accounting deals with the process of preparing financial statements of companies that they used to show the financial performance and position of the company in that particular period of time. Financial accounting is accountable for finding out the overall profitability, suitability, liquidity and cash flow position of the company.

Forensic Accounting:

Forensic accounting deals with the legal issues faced by the company. It requires extensive knowledge and skills to evaluate the frauds and scandals.

Cost Accounting:

It is one of the important branches of accounting that deals with the underlying costs in a business. It’s a systematic set of procedures for recording and reporting measurement of the cost of manufacturing goods and performances services in the aggregate and in detail.

It is the procedure in which an auditor examines the financial results that include cash flows, balance sheets, financial documents and income statement.

Business Evaluation

It is the process of determining the economic value of a business’s assets under a certain assumption and limiting conditions to the data available at the valuation data. It considers a variety of factors to determine the fair market value while buying and selling of the business or company.

For quick Accounting Homework Help , upload your accounting homework file in the form on the right side. Our experts, with Masters and Ph.D. in the subject, would revert in less than 10 minutes to your query.

The approach taken in solving accounting homework is to lucidly explain the concepts involved as well as how to apply these to practical problems. Our Accounting sample solutions are comprehensive, fully referenced and original in their content. Accuracy is a guarantee.

Managerial Accounting Sample Solution – FREE
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Our highly qualified and skilled online accounting tutors can provide you help with the following topics:

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International Accounting
IFRS International Accounting Standards Board
International Accounting: Europe
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Job Costing in Accounting
Accounting Practice Sets
Activity-Based Costing in Managerial Accounting
Management Accounting Tactical Decision Making
Principles of Accounting

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HwA provides timely help at affordable charges with detailed answers to your assignments, homework, research paper writing, research critique, case studies or term papers so that you get to understand your assignments better apart from having the answers. The team has helped a number of students pursuing education through regular and online universities, institutes or online Programs.

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Accounting topic is a remarkably demanded profession, but analysis indicates that most candidates encounter major challenges when completing an accounting assignment .

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Book Balancing

Accounts subject is based on numeracy. Accounts are synonymous with balance. It is the accountants’ student’s responsibility to review and tally financial transactions before they are balanced.

The accountants are responsible for demanding more reports and highlighting inconsistencies triggering the imbalance if accounts collapse.

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Time management in account

Failure to handle time and immediately register entries is the greatest error accounts students make in financial management. This is why, before assisting, any good accounting homework helper would require all relevant details.

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Mathematical numeration

This branch of accounting requires numerics, so make sure you understand algebra and mathematics before opting for this subject. You will have to review and make numeric entries to report the findings.

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Our assignment help is renowned for many reasons, but some fundamental reasons play a vital role in making our notoriety in the market. Find out our features specifically before getting accounting assignment help online .
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Accounting homework means that with the initial word document report on your lesson, you must submit an excel sheet with calculations. Our accounting help online ensures that you receive both the written and measurement parts of your assignment.
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Recently Asked Accountancy Questions

Q 1 : Extra Credit (10 pts): On January 1, 2014, Cassandra Incorporated paid $300,000 for 60% of Hecuba Company's outstanding capital stock. Hecuba reported common stock on that date of $250,000 and retained earnings of $100,000. On that date, • Hecuba's equipment with a 5-year remaining life was undervalued by $10,000; • Hecuba's buildings with a 10-year remaining life was undervalued by $60,000; • Any remaining fair value/book value differential is allocated to goodwill. The income statements for the year ended December 31, 2014 of Cassandra and Hecuba are summarized below: Sales Income from Hecuba Cost of sales Depreciation equipment Depreciation - buildings Net Income Cassandra I/S Hecuba I/S $1,000,000 $400,000 Hecuba's net income and dividends paid the first two years that Cassandra owned them are shown below. Net Income Dividends paid $80,000 $30,000 10,000 2014 2015 a. b. d. MUST SHOW your calculations for: 43,200 (400,000) (120,000) (200,000) $323.200 Required: 1) Prepare a schedule to assign the difference between the fair value of the investment in Hecuba and the book value of the interest to identifiable and unidentifiable net assets AND to amortize identifiable net assets for each of the two years. (200,000) (40,000) (80.000) $80,000 90,000 Total excess over book value calculation (both implied value and book value of 100% Hecuba) Assigned amounts for identifiable net assets and goodwill Amortization expenses for 12/31/14 AND unamortized excess on 12/31/14 Amortization expenses for 12/31/15 AND unamortized excess on 12/31/15 See Answer
Q 2 : What is the amount of gross accounts receivables and the allowance for doubtful accounts for both 2019 and 2018? What is a bit unusual about the relationship between these numbers between years? PAST P STARBUCKSⓇ Fiscal 2019 Annual Report ALSACIA Starbucks Visitors Center at Hacienda Alsacia, Costa Rica UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 29, 2019 or □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington (State of Incorporation) Title of Each Class Common Stock, $0.001 par Large accelerated filer Emerging growth company For the transition period from value per to Commission File Number: 0-20322 Starbucks Corporation (Exact Name of Registrant as Specified in its Charter) 2401 Utah Avenue South, Seattle, Washington 98134 (206) 447-1575 91-1325671 (IRS Employer ID) (Address of principal executive office, zip code, telephone number) Securities Registered Pursuant to Section 12(b) of the Act: Trading Symbol SBUX share Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act. Accelerated filer Name of Each Exchange on Which Registered Nasdaq Global Select Market Non-accelerated filer Yes x No Yes No 冈 Smaller reporting company If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No X The aggregate market value of the voting stock held by non-affiliates of the registrant as of the last business day of the registrant's most recently completed second fiscal quarter, based upon the closing sale price of the registrant's common stock on March 31, 2019 as reported on the NASDAQ Global Select Market was $89.8 billion. As of November 8, 2019, there were 1,181.0 million shares of the registrant's Common Stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive Proxy Statement for the registrant's Annual Meeting of Shareholders to be held on March 18, 2020 have been incorporated by reference into Part III of this Annual Report on Form 10-K. Item 1 Item 1A Item 1B Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 7A Item 8 Item 9 Item 9A Item 9B Item 10 Item 11 Item 12 Item 13 Item 14 Business Risk Factors Unresolved Staff Comments Properties Legal Proceedings Mine Safety Disclosures STARBUCKS CORPORATION Form 10-K For the Fiscal Year Ended September 29, 2019 TABLE OF CONTENTS PART II Market for the Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities Selected Financial Data PART I Management's Discussion and Analysis of Financial Condition and Results of Operations Quantitative and Qualitative Disclosures About Market Risk Financial Statements and Supplementary Data Index for Notes to Consolidated Financial Statements Report of Independent Registered Public Accounting Firm Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Controls and Procedures Other Information PART III Directors, Executive Officers and Corporate Governance Executive Compensation Item 15 SIGNATURES Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters Certain Relationships and Related Transactions, and Director Independence Principal Accounting Fees and Services Exhibits, Financial Statement Schedules PART IV 2 9 17 17 17 17 18 20 23 43 44 49 84 86 86 88 89 89 89 89 89 90 97 See Answer
Q 3 : Listed as follows are nine technical terms used in this chapter. Liquidity Adequate disclosure Income Summary Nominal accounts After-closing trial balance Interim financial statements Real accounts Closing entries Dividends Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not describe any of the items. a. The accounting principle intended to assist users in interpreting financial statements. b. A term used to describe a company's ability to pay its obligations as they come due. C. A term used in reference to accounts that are closed at year-end. d. e. A term used in reference to accounts that are not closed at year-end. A document prepared to assist management in detecting whether any errors occurred in post- ing the closing entries. f. A policy decision by a corporation to distribute a portion of its income to stockholders. g. The process by which the Retained Earnings account is updated at year-end. h. Entries made during the accounting period to correct errors in the original recording of com- plex transactions. See Answer
Q 4 : 5 . 10 Compute and discuss briefly the significance of the following measures as they relate to Save-A- Lot Supplies. a. Net income percentage in current year. b. Return on equity in current year. c. Working capital on December 31, current year. d. Current ratio on December 31, current year. See Answer
Q 5 : Sprinkles Ice Cream Shoppe Please read the instructions carefully. A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell ice cream cones or in a cup, shakes, sundaes, and soda.Her grand opening will be September 30, 2020. The name of her business is Sprinkles!You, as an independent consultant, have been hired to develop a cash pro forma budget for her business venture (note: this is a spreadsheet that helps forecast income and expenses over a period of time). It used to plan for and manage the business if done correctly. Assignment:Using Microsoft Excel, construct a monthly proforma cash budget for your client for the first year of operations.Use the file attached Excel Template - "Sprinkles" as your starting point. Download and use this file as the basis for your assignment. Do not make any changes to this pre-defined template items (this means start with the items that already included and that are expected in the spreadsheet). You may add your information to the existing sheets. You may add extra worksheets as needed as well update the template.Do not use a template from a previous semester – this is academic dishonesty and will be subject to disciplinary action.Place the finished cash pro forma on a worksheet labeled "Cash Pro Forma".Place all your case assumptions data on a separate worksheet. Label the worksheet"Assumptions" (note: each piece of data must appear in its own cell on the Assumption sheet).Place your start-up costs on a third worksheet labeled "Startup Costs"Create two additional worksheets for your recommendations. You will choose 2 of the 3 recommendations defined at the end of this document. Label one worksheet "Specialty Desserts" (this will include: Banana Splits, Double Delight Brownie Fudge and Molten Lava Spectacular), or "Ice Cream Cakes" or Iced Coffee.• Appropriate Charts (graphs): You will be creating two separate charts so create and label two additional worksheets for the charts (each chart will be in its own worksheet). Chart One -"Monthly Product Revenue" – this will show the monthly revenue for each of your five products for the entire year.Chart Two – "Total Product Net Income" - You want to track the total product net income for the year to determine any trends or projections in product sales.Make sure both charts are formatted correctly (i.e. appropriate title, legend where appropriate, data series properly labeled) and they are appropriate for business use. Information needed to complete assignment:Sugar cones, milkshakes, sundaes, toppings, soda and bottle water. Product Selling Prices:I scoop Cup or Sugar Cone - $2.252 scoops Cup or Sugar Cone - $3.253 scoops Cup or Sugar Cone - $4.25 I scoop Sugar Cone - $2.252 scoops Sugar Cone - $3.253 scoops Sugar Cone – $4.25 Small Shake – $2.95 Medium Shake - $3.75 Large Shake – $4.50 Small Sundae (1 topping) - $2.55 Medium Sundae (1 topping) - $3.55 Large Sundae (1 topping) - $4.65 Additional topping: .50 per topping Soda -$1.25 a bottle Bottled Water - $1.00 a bottle Cost of Goods Sold:Ice Cream Cones (Ice cream ingredients and cone) cost $1.10 for 1 scoop and .20 cents extra for each additional scoop Ice cream Cups (Ice cream ingredients and cup) cost $1.25 and .20 cents per extra for each additional scoop Small Shake cost $1.40 Medium Shake cost $1.55 Large Shake cost $1.75 Small Sundae cost $1.201 Medium Sundae cost $1.50 Large Sundae cost $1.75 Additional Toppings cost $.10 Sodas cost about $.7 per 16 oz. bottle Water cost $.6 per 16 oz bottle The building rent is $2500 per month.Phone will cost about $100 per month. Electricity should cost about $800 a month.Insurance will be $850 a month.Advertising and promotion will be $500 a month. Operating Hours:Sprinkles will be open seven days a week.Sprinkles will serve ice cream products all day and will be open from 11 am – 8 pm on weekdays (Monday – Thursday, Sunday).Friday Saturday 11 am – 11 pm Employees:Two hourly employees on Friday, Saturday and Sunday.One hourly employee needed during Monday - Thursday.Either an assistant manager or manager is required during the Sprinkles Operating hours.Your client will be the manager and draw a salary of $35,000 per year (including benefits). She will work during the busiest times and fill in for the assistant manager. Approximately 40%.The assistant manager will receive a salary of $22,400 per year(including benefits). Approximately 60%.Hourly workers will be paid $8.75 an hour. Demand Rate:Monday - Thursday the owner expects 10 customers per hour.Friday - Sunday the owner expects an average of 20 customers per hour.. Product demand on average:1/2 of all customers will buy 1 scoop Ice Cream Cones 1/2 of all customers will buy 2 scoop Ice Cream Cones 1/3 of all customer will buy 3 scoop Ice Cream Cones 1/2 of all customers will buy 1 scoop Ice Cream cups 1/2 of all customers will buy 2 scoop Ice Cream cups 1/3 of all customer will buy 3 scoop Ice Cream cups 1/4 of all customers will buy Medium Shakes 1/4 of all customers will buy Large Shakes 1/2 of all customers will buy Small shakes 1/4 of all customers will buy a Large Sundae 1/3 of all customers will buy a Medium Sundae 1/4 of all customers will buy Small Sundae 3/4 of all customers will buy a Soda 1/4 of all customers will buy a Bottled Water 1/4 of all customers will buy an additional topping Start-up costs Kitchen equipment: $10,250 Cash register and sales equipment: $1,350 Initial inventory: $4,500 Pre-opening marketing: $1,500 Store fixtures (chairs, tables etc.): $4,500 Oil paintings of your client's momma and grandma to hang on the wall: $350 Licenses: $1,025 Security deposit: $4,500 First Insurance Payment: $750 Your client has $8,000 and plans to borrow the rest from the bank with a five-year loan at 2.5% interest. You are to calculate the monthly loan payment using the appropriate financial function.Assume a tax rate of 21% if Income Before Taxes (IBT) is equal to or is greater than$13,500. Assume a tax rate of 13% if IBT is less than $13,500. You are to calculate the monthly tax payment using the appropriate logical function.Assume that sales will grow at an average of 1.50% per month. Assume that each month contains 4.2 weeks. Recommendations:Show your client how these recommendations would affect the bottom line by recreating the pro forma for each scenario, and applying the data analysis to determine profitability. You do not have to start from scratch, but note, these are completely independent pro formas. They must update accordingly from the data worksheets.Plan on showing your analysis and discussing the proforma changes that occur under each new scenario and how it affects profitability.Use a formatted text box (not a comment) to explain your recommendations under each new pro forma. This will be approximately a 2-3 paragraph endeavor. Scenario One: "What if" Analysis for adding flavored ice coffees.Your client is unsure if she should sell flavored ice coffees. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $3.75 each and costs him only $1.60 to purchase.Unfortunately your client is afraid that he would cannibalize his soft drink sales with the coffee customers (one soft drink less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another $155 per month due to the hot equipment needed to make the coffee.What is your recommendation: Should your client offer flavored coffee to her customers? Scenario Two: “What if" Analysis Your client would like to consider adding ice cream cakes to the list of items available for sale. She is wanting to offer cakes with customized cake, ice cream decorations. She thinks she can sell 20 small cakes a week and 25 large cakes a week. It seems to be lucrative because the small cake is $16.95 and the large cake is $23.95. Costs are$5.45 per small cake and $7.40 per large cake.It will cost her $3,250 to purchase the equipment and insurance costs would rise by another $255 per month due to the hot equipment needed to make the cakes.What is your recommendation? Would it be profitable to sell the cakes?Bonus Scenario Three: "What if" Analysis - Optional 10 pts. You may choose to complete this bonus scenario. It is optional.Your client would like to consider adding three specialty sundaes (Banana Split, Molten Lava Explosion, Nutty Chocolate Brownie. She thinks she can sell a specialty sundae to half the customers per day and it seems to be lucrative because these sundaes sell for 4.75 each and costs him only $1.85 to make.Unfortunately, your client is afraid that she would cannibalize his regular sundae sales.It will cost her $3,250 to purchase the equipment and insurance costs would rise by another $255 per month due to the hot equipment needed to make the brownie sand molten cake.For this scenario create and use a pivot table to explain your recommendation along with the other scenario criteria instructions. See Answer
Q 6 : Conoy 2018, a government department entered into a contract with Consultant Co Pty Ltd for the provision of services by Robert Black, an technician who is nominated in the contract. The contract specifies that Robert Is required to develop a product for use in the department's IT system in accordance with functionali specifications provided by the department. The contract specifies a fixed amount by way of payment to Consultant Co for the development of the product that is required to be produced within 12months of commencement of the contract. The contract is for the performance of a specific task that produces an outcome or result, with Robert maintaining a high level of discretion and flexibility as to how the work ought to be performed. Payment is not made until the work is performed, although installments are payable upon the achievement of particular milestones. Discuss the tax implications of the personal services income (PSI) legislation to the above arrangement, (500 words) See Answer
Q 7 : Use a geometric gradient formula to compute the present value, P, for the following cash flows. See Answer
Q 8 : A student has a job that leaves her with $300 per month in disposable income. She decides that she will use the money to buy a car. Before looking for a car, she arranges a 100% loan whose terms are $300 per month for 48 months at 9% nominal annual interest. What is the maximum car purchase price that she can afford with her loan? See Answer
Q 9 : AFTER-TAX COST OF DEBT The Holmes Company's currently outstanding bonds have an 8% coupon and a 10% yield to maturity. Holmes believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 40%, what is Holmes' after-tax cost of debt?10-1 See Answer
Q 10 : A 10-year annual coupon bond is currently selling for its par value of $10,000 with an annual yield of 5%.If the bond is callable at par, what is the effective duration of the bond, assuming rates change by 1.6%? See Answer
Q 11 : (a) Calculate the following ratios for McCrea plc in 2019. Return on Capital Employed (ROCE) Operating profit margin i) Inventories' turnover period Settlement period for trade receivables ) Current ratio Acid test ratio i) Gearing ratio ii) Interest cover ratio Earnings Per Share (EPS) See Answer
Q 12 : On 30 June 2020, Wick Ltd prepared an income statement and a statement of financial position but failed to take into account several adjusting entries. The incorrect income statement showed a profit of $40 000. The statement of financial position showed total assets, $120 000; total liabilities, $50 000; and equity, $70 000. The following adjustments need to be made: (1) Depreciation of $7000 was not recorded on equipment. (2) Wages amounting to $8000 for the last two days in June were not paid and not recorded. Then xt payroll will be in July. (3) Rent of $12 000 was paid for two months in advance on 1 June. The entire amount was debited to Rent Expense when paid. (1) Depreciation of $7000 was not recorded on equipment. (2) Wages amounting to $8000 for the last two days in June were not paid and not recorded. The next payroll will be in July. (3) Rent of $12 000 was paid for two months in advance on 1 June. The entire amount was debited to Rent Expense when paid. a)Prepare the adjusting entries at 30 June 2020, with narrations. (3 Marks) b)Complete the following tabulation to correct the financial statement amounts shown(indicate deductions with a bracket) (10 Marks) See Answer
Q 13 : Michino plc is a small manufacturing business based in the UK. It makes three products, details of which are shown below: All three products are produced on the same type of machines. However, some of the machines have to be repaired and will be out of commission for a period of time. This means that the machine time is limited to 840 hours a week. Required: (a)Which combination of products should be produced if the business is to produce the highest profit? (b) By how much will the normal total contribution per week be reduced as a result of the limited number of machine hours? (c) Advise management as to what solutions it might consider that would lead to a higher level of contribution for the business. See Answer
Q 14 : Compute Clear plc has produced the following budget and actual information. REQUIRED: (b) Prepare a flexible budget for Compute Clear plc to present actual versus flexed budget comparisons and also total variances. (a)You are required to prepare a traditional budget versus actual report using the above figures. (c)Using Material X as an example, demonstrate how this cost can be broken down into price and efficiency variances. Briefly comment on the significance of the results of these variances to the company. See Answer
Q 15 : You are given the following information regarding Aspek plc: Gross Sales £10,000,000. Operating expenses £3,500,000. Depreciation £1,000,000. Taxes £1,500,000. Net fixed Assets £12,000,000. Net working capital £3,000,000. You are also told that 30% of the company's assets are financed by debt which has an after-tax cost of 4%, while 70% is financed by equity with a cost of 14%. Required: (a)Calculate the Economic Added Value (EVA) of Aspek plc. (b)Briefly explain to the management of Aspek plc what the EVA calculated in part(a) represents. See Answer
Q 16 : . Special Pty Ltd, a resident private company, was incorporated on 1 July 2015.From 1 July 2011 until 30 June 2017, it conducted a travel agency business. The company incurred the following trading losses for tax purposes: > $15 000 – year ended 30 June 2016, and $22 000 – year ended 30 June 2017. In July 2013, the company discontinued its travel agency business, restructured and acquired a hotel-motel operation. The company's shareholdings of ordinary shares at the close of each financial year were as follows: For the tax year ended 30 June 2018, the company reported taxable income of $35000. Discuss the tax implications of the above events for Special Pty Ltd. See Answer
Q 17 : 3) Which of the following best explains why a patient would be willing to undergo a caesarean section when the price of the procedure is over $60,000when the price for same procedure for another patient is less than $7,000? A - The patient charged the higher price believes the medical staff used for her procedure is superior to the staff used for the lower-priced procedure. B - Willingness to pay the higher price is an example of the "snob effect" whereby the patient wishes to pay for a service another patient could not afford. C - The patient charged the higher price is given a private recovery room in the hospital; the patient charged the lower price must share a recovery room with another patient. D-A caesarian section procedure is a Giffen good. E - The cost of the procedure is covered by the patient's health insurance. See Answer
Q 18 : Ritter Razors produces deluxe razors that compete with Gillette's Mach line of razors. Total manufacturing costs are $200,000 when 30,000 packages are produced. Of this amount, total variable costs are $80,000.What are the total production costs when 35,000 packages of razors are produced? Assume the same relevant range. Determine the formula, then calculate the total production costs. See Answer

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Accuracy: Understanding accounting principles, including when to debit and credit expenses and income, is essential. Accurate responses to practical problems are crucial to passing your homework in accounting because it is not simply theoretical. Therefore, a student's best bet is to look for homework help accounting.

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Popularly Searched FAQs By Students

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Accounting Assignment Help

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Types of Accounting tasks we help with:

Financial analysis and interpretation of financial statements, classification of the company’s cash flow activities, ratio analysis;
Journalizing financial activities, preparing general journals and ledgers, helping with cash flow and break-even cost analysis;
Working with principles of internal control and fraud prevention;
Reporting and analyzing the firm’s inventory, liabilities and stakeholder’s equity and many more.

Software used by our experts for solving the accounting assignments:

Excel is the most useful tool for the beginner accountant, since it allows to make all records and calculations personally, while computational capabilities of the tables prevent from calculation errors.
QuickBooks, FreshBooks, Wave Accounting and other accounting software is used by experts to help with more complex tasks and data processing, depending on the customer’s requirements.
MS Word and MS PowerPoint are used for research papers and projects with a lot of original graphs and tables based on the data from Excel or another accounting programs and applications.

Easy Steps to Get Your Accounting Homework Done

Submit instructions and requirements to your assignment

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Expert conducts a research and makes calculations, follows style, formatting, word count and deadline required

Paper undergoes the quality control team check for grammar and spelling issues, and plagiarism

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Examples of the Completed Papers in Accounting

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Course Resources

Assignments.

The assignments in this course are openly licensed, and are available as-is, or can be modified to suit your students’ needs. Answer keys are available to faculty who adopt Lumen Learning courses with paid support. This approach helps us protect the academic integrity of these materials by ensuring they are shared only with authorized and institution-affiliated faculty and staff.

If you import this course into your learning management system (Blackboard, Canvas, etc.), the assignments will automatically be loaded into the assignment tool.

You can view them below or throughout the course.

Module 0: Personal Accounting— Assignment: Creating a Budget
Module 1: The Role of Accounting in Business— Assignment: Lopez Consulting
Module 2: Accounting Principles— Assignment: Accounting Principles
Module 3: Recording Business Transactions— Assignment: Recording Business Transactions
Module 4: Completing the Accounting Cycle— Assignment: Completing the Accounting Cycle
Module 5: Accounting for Cash— Assignment: Accounting for Cash
Module 6: Receivables and Revenue— Assignment: Manilow Aging Analysis
Module 7: Merchandising Operations— Assignment: Merchandising Operations
Module 8: Inventory Valuation Methods— Assignment: Inventory Valuation Methods
Module 9: Property, Plant, and Equipment— Assignment: Property, Plant, and Equipment
Module 10: Other Assets— Assignment: Other Current and Noncurrent Assets
Module 11: Current Liabilities— Assignment: Calculating Payroll at Kipley Co
Module 12: Non-Current Liabilities— Assignment: Non-Current Liabilities
Module 13: Accounting for Corporations— Assignment: Collins Mfg Stockholders’ Equity
Module 14: Statement of Cash Flows— Assignment: Kachina Sports Company Cash Flows
Module 15: Financial Statement Analysis— Assignment: Coca Cola FSA

Discussions

The following discussion assignments will also be preloaded (into the discussion-board tool) in your learning management system if you import the course. They can be used as is, modified, or removed. You can view them below or throughout the course.

Module 0: Personal Accounting— Discussion: Winning the Lottery
Module 1: The Role of Accounting in Business— Discussion: The Crafty Coffee Crook
Module 2: Accounting Principles— Discussion: SoftSheets
Module 3: Recording Business Transactions— Discussion: Baker’s Breakfast Bars
Module 4: Completing the Accounting Cycle— Discussion: Closing the Books in QuickBooks
Module 5: Accounting for Cash— Discussion: Counter Culture Cafe
Module 6: Receivables and Revenue— Discussion: Maximizing Revenue
Module 7: Merchandising Operations— Discussion: Inventory Controls
Module 8: Inventory Valuation Methods— Discussion: LIFO, FIFO, Specific Identification, and Weighted Average
Module 9: Property, Plant, and Equipment— Discussion: Cooking the Books
Module 10: Other Assets— Discussion: Other Assets
Module 11: Current Liabilities— Discussion: Current Liabilities
Module 12: Non-Current Liabilities— Discussion: Off-Balance Sheet Financing
Module 13: Accounting for Corporations— Discussion: Home Depot
Module 14: Statement of Cash Flows— Discussion: Facebook, Inc.
Module 15: Financial Statement Analysis— Discussion: Financial Statement Analysis

Alternative Excel-Based Assignments

For Modules 3–15, additional excel-based assignments are available below.

Module 3: Recording Business Transactions

Module 3 Excel Assignment A
Module 3 Excel Assignment B

Module 4: The Accounting Cycle

Module 4 Excel Assignment A
Module 4 Excel Assignment B
Module 4 Excel Assignment C
Module 4 Excel Assignment D

Module 5: Accounting for Cash

Module 5 Excel Assignment

Module 6: Receivables and Revenue

Module 6 Excel Assignment A
Module 6 Excel Assignment B

Module 7: Merchandising Operations

Module 7 Excel Assignment

Module 8: Inventory Valuation Methods

Module 8 Excel Assignment A
Module 8 Excel Assignment B
Module 8 Excel Assignment C

Module 9: Property, Plant, and Equipment

Module 9 Excel Assignment A
Module 9 Excel Assignment B

Module 10: Other Assets

Module 10 Excel Assignment

Module 11: Current Liabilities

Module 11 Excel Assignment

Module 12: Non-Current Liabilities

Module 12 Excel Assignment A
Module 12 Excel Assignment B

Module 13: Accounting for Corporations

Module 13 Excel Assignment A
Module 13 Excel Assignment B
Module 13 Excel Assignment C

Module 14: Statement of Cash Flows

Module 14 Excel Assignment A
Module 14 Excel Assignment B

Module 15: Financial Statement Analysis

Module 15 Excel Assignment

Review Problems

There are also three unit review assignments and a final review. These reviews include a document which sets up the problems and an excel worksheet.

Unit 1 Review Problem (After Module 6)

Review Problem Document

Unit 2 Review Problem (After Module 8)

Unit 3 review problem (after module 9), final review (after module 15).

Assignments. Authored by : Cindy Moore and Joe Cooke. Provided by : Lumen Learning. License : CC BY: Attribution

The Edu Partner

How to Prepare an Accounting Assignment

Preparing an accounting assignment requires thorough and proactive thinking and a planned discipline. Accounting assignments are one of the most important evaluation tools to understand your knowledge of financial concepts. Additionally, the complexities demand strategic accounting assignment help.

In this guide, we will study effective preparation strategies by providing step-by-step guidelines for success. Students and professionals can easily understand accounting assignments by reading the requirements, researching thoroughly, and using an organised outline structure to write and read through. Follow us as we delve into the core components, such as literature review and methods, to ensure your accounting project thoroughly comprehends financial ideas that have practical implications for our discipline.

Table of Contents

Importance of Accounting Assignments

Accounting assignments play a significant role among students as they mediate between theory and practice. These tasks enable students to put accounting principles into practice in real-life situations and develop analytical problem-solving skills. Most students hire a professional accounting assignment helper to ace their projects.

Furthermore, these papers better comprehend financial concepts and equip students for professional issues. Analysing data, researching, and presenting findings improve critical thinking skills and increase communication abilities. To sum up, successful completion and mastering of accounting assignments allow the students to gain the necessary skills and confidence in working out the complexities of financial reality that play a crucial role when embarking on professional careers.

Steps to Prepare Your Assignments

These Papers require proper planning and detailed steps. Students have to give undivided attention to their papers, no matter what. With the increasing challenges of accounting, students are bound to seek accounting assignment help . Check the steps below to understand the steps needed to prepare an impactful assignment.

Understand the Assignment Requirements

Comprehending assignment requirements is paramount. Read guidelines carefully, paying attention to the important points such as topic, scope and format. Determine special instructions, word count limit and submission dates. This first step gives you a clear plan ahead, keeps away any deviations and ensures that your accounting assignment fits the requirements set by your instructor to a T. Moreover, with a proper understanding of the requirements, you are set to work in the right direction.

Research and Gather Information

Study your accounting assignment with thoroughness. Seek the guidance of a reliable accounting assignment helper and use reliable sources such as textbooks, academic journals and web materials. Make sure the information is recent and relevant to your subject. Record every little detail meticulously and arrange them systematically. This step aims to create an informed and complete assignment framework, offering appropriate information and insights to support your analysis and discussions effectively.

Create an Outline

Develop a structured plan for your accounting assignment. Break it down into the relevant portions, including the introduction section, literature review part, methodology chapter, findings discussion portion and finally, conclusion. Additionally, hire accounting assignments help to ensure a smooth flow of ideas, with each section coherently connected to the next one. This necessary step maximises the cohesion and readability of your assignment, as it helps you through this activity while helping you effectively convey insights from a relevant perspective.

Introduction and Background

Start your accounting assignment with an engaging introduction that briefly summarises how and why you will accomplish the purpose of this work. Write out the clear objectives and questions that your assignment aims to answer. This establishes the tone and creates interest in your assignment, detailing financial principles and concepts. Moreover, you can hire a professional accounting assignment helper for better results. Furthermore, your introduction briefly summarises your paper and summarises your knowledge and findings.

Literature Review

Perform a thorough literature review that demonstrates your knowledge of recent research and theories in the accounting field. Embed key findings from reliable sources, focusing on their relation to your assignment’s purpose. Your literature review draws from current knowledge to show your expertise. It reveals gaps that open up a way for you to make unique contributions to this assignment on accounting discourse. Additionally, you can hire a service offering online assignment help Australia for reliable sources and materials.

Methodology and Analysis

Demonstrate the methodology utilised in your account assignment by tracing data collection measures and evidence instruments. Use tables and graphs where appropriate to present findings. This section illustrates how you have approached this task, pointing out that your methodology is systematic and rigorous, allowing the reader to understand clearly your capacity for accurate data interpretation and aiding in giving substance and credibility to the accounting assignment. Besides, make sure your methodology answers all the possible questions.

Discuss your findings in the accounting assignment comprehensively. Demonstrate critical thinking by relating the results to existing literature and theoretical frameworks. Seek a professional accounting assignment help to define the limitations of your study and suggest areas for future research. This part enhances the assignment by identifying links between your analysis and better financial ideas, promoting further insight and demonstrating how you can critically assess.

Conclusion and Reference

The conclusion of your assignment summarises key points, reaffirming the importance of the findings. Do not present new information and summarise the main arguments briefly. Make sure to cite all the sources correctly according to a particular referencing style (APA, MLA, etc. A careful approach to referencing makes your accounting assignment more plagiarism-free, gives it credibility and enhances overall professionalism. Additionally, hire an accounting assignment helper if you are unsure of the citation and referencing styles.

Proofreading and Editing

Ensure that your accounting assignment is properly proofread and edited before submission. Look for advice from other peers or teachers to gain useful insights and increase clarity. This careful review provides a neat and faultless document, bringing the overall quality of your assignment higher. A well-edited submission suggests professionalism and attention to detail, meaning those who evaluate your work will see you in a positive light. Additionally, seek online assignment help in Australia for reliable editors.

In The End,

A successful accounting assignment is an elaborate process, from understanding requirements to presenting well-researched findings. By following a well-structured plan, comprehensive research, and adequate methodologies, students and professionals can address the intricacy of financial concepts. Accounting assignments are significant because they teach how to combine theoretical knowledge with practical application while increasing critical thinking and communication skills. As a result of this process, an assignment that has been correctly proofread and referenced makes genuine contributions to academia. Besides, students can always seek professional accounting assignment help to smoothen their process.

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Accounting Assignment Help: Sample Question & Answer

Explain the difference between accrual accounting and cash accounting. Provide examples of transactions for each method.

Accrual accounting records transactions when they are incurred, regardless of when the cash is exchanged. Cash accounting, on the other hand, records transactions only when cash is received or paid. For example, if a company provides services on credit, accrual accounting recognizes revenue when the service is provided, while cash accounting records revenue when the cash is received.

2. Question:

Discuss the concept of depreciation. How does it impact financial statements, and what are the different methods used to calculate depreciation?

Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. It impacts financial statements by reducing the asset's value on the balance sheet and allocating a portion of the cost to the income statement. Common methods include straight-line depreciation, declining balance depreciation, and units-of-production depreciation.

3. Question:

Define the terms "liquidity" and "solvency" in the context of financial analysis. How are these metrics important for assessing a company's financial health?

Liquidity refers to a company's ability to meet its short-term obligations, while solvency refers to its ability to meet long-term obligations. Liquidity is crucial for day-to-day operations, and metrics like the current ratio assess it. Solvency, evaluated through metrics like the debt-to-equity ratio, indicates a company's long-term viability and ability to cover long-term debt.

4. Question:

Describe the accounting treatment for goodwill. How is it initially recorded and subsequently tested for impairment?

Goodwill is recorded when a company acquires another and represents the excess of the purchase price over the fair value of identifiable net assets acquired. Goodwill is tested for impairment regularly, and if the fair value drops below its carrying amount, impairment is recognized. Impairment losses are reported on the income statement.

5. Question:

Explain the difference between financial accounting and managerial accounting. Provide examples of the types of information each accounting system generates and how they are used by different stakeholders.

Financial accounting focuses on providing external stakeholders, such as investors and regulators, with financial information about a company. Managerial accounting, on the other hand, is geared towards internal management and provides information for decision-making. Financial accounting produces financial statements like the income statement and balance sheet, while managerial accounting generates reports such as budget analysis and cost projections for internal use.

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Sample assignment on accounting question and solution, why do you need help with accounting assignments.

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Module 4: Completing the Accounting Cycle— Assignment: Completing the Accounting Cycle. Module 5: Accounting for Cash— Assignment: Accounting for Cash. Module 6: Receivables and Revenue— Assignment: Manilow Aging Analysis. Module 7: Merchandising Operations— Assignment: Merchandising Operations. Module 8: Inventory Valuation Methods ...
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