BUSN 319 Week 4 Midterm Exam Solutionhttp://homeworkyahoo.com/downloads/busn-319-week-4-midterm-exam-solution/ To Buy this tutorial Copy & paste above link in your BrowerBUSN 319 Week 4 Midterm Exam Solution 1. (TCO 1 T!e "##ountin$ E%uation i& u&ed to de'elo( t!e or$ani)ation*& +inan#ial re(ort&, (1 -eri.e w!at a&&et& are and (/ (ro'ide an exam(le o+ an a&&et a##ount2. (TCO 1 T!e +inan#ial &tatement& (re&ent a #om(any to t!e (u.li# in +inan#ial term&, (1 W!i#! +inan#ial &tatement identi+ie& !ow well t!e #om(any (er+ormed durin$ t!e year and (/ ex(lain w!at in+ormation t!i& +inan#ial &tatement (ro'ide&,3. (TCO 1 T!e a##ountin$ (ro+e&&ion +ollow& a &et o+ $uideline& +or mea&urement and dilo&ure o+ +inan#ial in+ormation #alled t!e 0enerally "##e(ted "##ountin$ 1rin#i(le& (0""1, (1 Ex(lain w!at t!e Co&t 1rin#i(le i& and (/ (ro'ide an exam(le o+ it& a((li#ation, 4. (TCO / Tran&a#tion analy&i& re&ult& in t!e de'elo(ment o+ a 2ournal entry, Su((lie& are (ur#!a&ed on a##ount a$reein$ to (ay 3/4566 wit!in 36 day&, (1 Name t!e a##ount& im(a#ted and !ow to u&e t!e +ormat a##ount name7de.it or #redit7dollar amount 4 and (/ ex(lain !ow t!e "##ountin$ E%uation i& im(a#ted,5. (TCO 3 "d2u&tin$ Entrie& are re%uired at t!e end o+ t!e (eriod to en&ure t!at a##rual a##ountin$ (rin#i(le& are a((lied, "t t!e .e$innin$ o+ t!e mont!4 3356 o+ o++i#e &u((lie& were (ur#!a&ed, T!ere wa& not a .e$innin$ .alan#e and t!e one (ur#!a&e wa& t!e only one +or t!e mont!, "t t!e end o+ t!e mont!4 3166 o+ &u((lie& remained, -e'elo( t!e ad2u&tin$ entry, (1 Name t!e a##ount& im(a#ted and ex(lain !ow to u&e t!e +ormat a##ount name7de.it or #redit7dollar amount 4 and (/ ex(lain !ow t!e "##ountin$ E%uation i& im(a#ted,1. (TCO 5 8nternal Control& are re%uired to &a+e$uard a&&et& and to en&ure et!i#al .u&ine&& (ra#ti#e&, (1 8denti+y and ex(lain t!e rea&on +or any two o+ t!e &e'en internal #ontrol (ro#edure& and (/ (ro'ide exam(le& o+ !ow your two &ele#ted internal #ontrol (ro#edure& will meet t!e $oal o+ &a+e$uardin$ a&&et& and(romotin$ et!i#al .u&ine&& (ra#ti#e&,2. (TCO 5 T!e .ank a##ount a& a #ontrol de'i#e t!at !el(& to (rote#t #a&!, One o+ t!e re%uirement& i& to #ondu#t (eriodi# .ank &tatement re#on#iliation&, U&in$ t!e +ollowin$ data4 #om(lete t!e .ank &tatement re#on#iliation +or "#orn 1lum.in$4 8n#, (U&e t!e +ormat &!own on (a$e /51 o+ your text.ook, (/5 (oint& $30.00 Purchase