bellringer - 4.1.11

9. What differences are there in the balance sheet we have learned about and those which are submitted to the Securities and Exchange Commission (SEC) by corporations that trade its stock on a U.S. stock exchange?



10. Please use the CC = CB + NI - D formula to calculate the problem below given this information: Current Capital = today's date, = is, Revenue = Aprillena, Expense = lena, Drawings = Fool's!

bellringer - 3.30.11

7. The following formula is used to calculate what?  = capital balance +/- net income/loss - drawings



8. Calculate current capital given the following: capital balance = $10,000, total expenses + $500, component percentage of total expenses = 75%, and drawings = $1,000. 

bellringer - 3.28.11

5. fiscal period :: financial statements : end of 9-weeks :: ________________
cash :: grades : revenue :: ___________



6. What was the component percentage of each of your grades in terms of numerical score and GPA score?

bellringer - 3.24.11

3. What are the formulas for calculating component percentage?


4. What is the division symbol used in Numbers?

bellringer - 3.22.11

1. For this bellringer, you simply need to create your bellringer 4 document, which is to be used for the 4th 9-weeks.


2. After completing the worksheet, an accountant will use the information from the sheet to create the _______________ ________________ and the _______________ __________.

End of 3rd 9-Weeks

This marks the end of the 3rd 9-weeks. We have one more to go!

bellringer - 3.16.11

45. Which two financial statements does the worksheet assist you to properly prepare?



46. This is the last bellringer for the 3rd 9-weeks. You simply need to copy it to your document. Then you need to DROP YOUR BELLRINGERS TO ME. Please use the LAST, FIRST - BELLRINGERS 3 method to do so.

bellringer - 3.14.11

43. In Accounting, what is considered a calendar year?



44. What is a natural business year?

bellringer - 3.10.11

41. Please list the first two types of errors that can occur when preparing a worksheet (page 164).




42. Please list the second two types of errors that can occur when preparing a worksheet (page 164).

bellringer - 3.8.11

39. For which two accounts must we make adjustments in this chapter?



40. Since both of the above accounts must be deducted, and thus credited, what are the names of the two corresponding accounts which are debited?

bellringer - 3.4.11

37. When visiting another room, person, business, etc. on a field trip you should be on your _______ _______ ____________. This might include: being relatively silent to and from the location, being attentive (mentally and physically) to your speaker, raising your hand when you have a question or would like to comment, using sir or mam when addressing the speaker, and thanking the speaker for their time.

38. Could you discuss malpractice liability of accountants with your classmates? If not, you should be able to do so after reading page D (just before 161) in your textbook. Please do so now and be prepared for such a discussion shortly.   

bellringer - 3.2.11

35. What is the concept known as when after adjustments are made, the expenses incurred to earn revenue are reported in the same fiscal period as the revenue is earned and reported?



36. The ending balance of the asset account, Supplies, should represent the amount of supplies ______________________ at the end of the fiscal period. The amount of supplies used during the period should be recorded in the expense account, _________________.