Examlex

Solved

Following Are Five Separate and Completely Independent Cases

question 143

Essay

Following are five separate and completely independent cases:
CASE A: A $700 item was excluded incorrectly from the ending inventory; the related purchase was not recorded.
CASE B: A $200 item was included incorrectly in the ending inventory; the related purchase was
recorded.
CASE C: A $900 item was included incorrectly in the ending inventory; the related purchase was not recorded.
CASE D: A $500 item was excluded incorrectly from ending inventory; the related purchase was recorded.
CASE E: The beginning inventory was Overstated $400.
Enter dollar amounts where appropriate in the following tabulation to indicate the effect on the financial statements of each of the items given above (disregard income tax). Following are five separate and completely independent cases: CASE A: A $700 item was excluded incorrectly from the ending inventory; the related purchase was not recorded. CASE B: A $200 item was included incorrectly in the ending inventory; the related purchase was recorded. CASE C: A $900 item was included incorrectly in the ending inventory; the related purchase was not recorded. CASE D: A $500 item was excluded incorrectly from ending inventory; the related purchase was recorded. CASE E: The beginning inventory was Overstated $400. Enter dollar amounts where appropriate in the following tabulation to indicate the effect on the financial statements of each of the items given above (disregard income tax).


Definitions:

Alkene

A hydrocarbon that contains at least one carbon-carbon double bond, characterized by the general formula CnH2n.

Heat Of Hydrogenation

The heat released during the addition of hydrogen to a double or triple bond in unsaturated hydrocarbons.

(E)-2-Pentene

An alkene that has the two largest groups on each end of the double bond in opposite directions, which is the trans configuration.

(Z)-2-Pentene

An alkene where the two largest groups on each side of the double bond are on the same side, resulting in a cis configuration.

Related Questions