Questions
Provide at least one example of a real-life application of a titration related to your major/intended...

Provide at least one example of a real-life application of a titration related to your major/intended career path. Include citations for resources used on this question. Electrical Engineering

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In: Chemistry

Discuss what happened in the 1990's with HMO's. What backlash came as a result of the...

Discuss what happened in the 1990's with HMO's. What backlash came as a result of the implementation and subsequently failed?

Please support your posts with references and citations within the content.

In: Nursing

Give your opinion on whether using the CATS model clarified the study or not and please...

Give your opinion on whether using the CATS model clarified the study or not and please be sure to explain your reasoning using citations and references from peer-reviewed sources.

In: Nursing

Write an essay on the following topic “Should companies posess the right to patent genes in...

Write an essay on the following topic “Should companies posess the right to patent genes in crops.” In this discussion please highlight clearly the advantages and disadvantages.

Must include references or citations

In: Biology

why is the thyroid glad most important in the endocrine system ? Explain why and defend...

why is the thyroid glad most important in the endocrine system ? Explain why and defend your answer. Your response should be a minimum of 100 words, with in-text citations and references.

In: Anatomy and Physiology

What differences do you see between effective leadership or general management in a large government organization,...

What differences do you see between effective leadership or general management in a large government organization, versus in a business organization?

(please provide citations for resources used)

In: Operations Management

In 1000 words or more (2-3 pages) : Please explain the positive and negative effects of...

In 1000 words or more (2-3 pages) :

Please explain the positive and negative effects of raising minimum wage to $15 an hour.  Include citations at the end of your paper.

In: Economics

In paragraph form write how psychological consequences affects obesity? Also find 3 in text citations (quotes)...

In paragraph form write how psychological consequences affects obesity?

Also find 3 in text citations (quotes) related to psychological consequences of obesity and explain each of them

In: Psychology

Bonadio Electrical Supplies distributes electrical components to the construction industry. The company began as a local...

Bonadio Electrical Supplies distributes electrical components to the construction industry. The company began as a local supplier 15 yrs ago and has grown rapidly to become a major competitor in the North central U.S. As the business grew and variety of components to be stocked expanded, Bonadio acquired a computer and implemented an inventory control system. Other applications such as accounts receivable, account payable, payroll, and sale analysis were gradually computerized as each function expanded. Because of its operational importance, the inventory system has been upgraded to an online system, while all the other applications are operating in batch mode. Over the years, the company has developed or acquired more than 100 application programs and maintains hundreds of files. Bonadio faces stiff competition from local suppliers throughout its marketing area. At a management meeting, the sales manager complained about the difficulty obtaining immediate, current information to respond to customer inquiries. Other managers states that they also had difficulty obtaining timely data from the system. As the result, the controller engaged a consulting firm to explore the situation. The consultant recommended installing a database management system (DBSM), and the company complied, employing Jack Gibbons as the database administrator.

At a recent management meeting, Gibbons presented an overview of the DBMS. Gibbons explained that the databases approach assumes an organizational, data oriented viewpoint as it recognizes that a centralized database represents a vital resource. Instead of being assigned to applications, information is more appropriately used and managed for the entire organization. The operating system physically moves data to and from disk storage, while the DBMS is the software program that controls the data definition library that specifies the data structures and characteristics. As the result. both the roles of the application programs and query software and the tasks of the application programers and users are simplified. Under the database approach, the data are available to all users within security guidelines.

a. Explain the basic difference between a file-oriented system and database management system.

b. Describe at least 3 advantages and at least 3 disadvantages of the database management system.

c. Describe the duties and responsibilities of Jack Gibbons, the database administrator. (CMA Adapted)

In: Accounting

On 31 March 2018, the following balances were taken from the trial balance of Isaac Trading...

On 31 March 2018, the following balances were taken from the trial balance of Isaac Trading Limited:

Accounts receivable                         $400,000

Allowance for doubtful debts              $19,500

Net credit sales                              $5,200,000

Isaac Trading uses the allowance method for accounting for bad debts and identifies the amount on the basis of 5% of net credit sales.

The above accounts receivable includes $6,000 due from XYZ Ltd which was outstanding for more than 150 days. On 31 March 2018, Isaac Trading received notification that XYZ Ltd was insolvent and would be unable to pay their account.

On 31 May 2018, Isaac received notification from the liquidator and $3,200 in settlement of the XYZ’s previous outstanding debt.

Required:

  1. Prepare the journal entry to write off the debt outstanding by XYZ Ltd on 31 March 2018.                      
  2. Prepare the journal entry to adjust the balance for allowance for doubtful debts on the basis of 5% of net credit sales and determine the balance in the allowance for doubtful debts on 1 April 2018.                             
  3. Prepare the journal entry to record the settlement received from XYZ Ltd’s liquidator.                            

The two new accounting interns were discussing the classification of receivables. One commented “Classification of receivables as current or non-current is not that important. The money is received eventually so what is the big deal?”. Discuss the importance of the appropriate classification of receivables and how it could impact on decision making.

In: Accounting