Sawyer Furniture Company concluded its first year of operations in whi (1).docx

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Sawyer Furniture Company made $920,000 in installment sales in its first year of operations. It collected $302,000 in down payments and installments. Total purchases for the year were $735,200 and merchandise on hand at year-end was $82,000. The document provides entries to record installment sales, cash collections, cost of sales, unrealized gross profit, and realized gross profit using the installment sales method.

Education

Sawyer Furniture Company concluded its first year of operations in which it made sales of
$920,000, all on installment. Collections during the year from down payments and installments
totaled $302,000. Purchases for the year totaled $735,200; the cost of merchandise on hand at the
end of the year was $82,000.
Using the installment-sales method, make summary entries to record the installment sales and
cash collections.
1. Using the installment-sales method, make summary entry to record the cost of installment
sales.
2. Using the installment-sales method, make summary entry to record unrealized gross profit.
3. Using the installment-sales method, make summary entry to record the realized gross profit.
This is not a multiple choice question. It is asking for entries for all 3!!!!
Solution
(a)Â Â Â Installment Accounts Receivable................................................... Â Â Â Â 920,000
Installment Sales.................................................................
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 920,000
Cash................................................................................................ Â Â Â Â 302,000
Installment Accounts Receivable.......................................
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 302,000
(b)Â Â Â Â Cost of Installment Sales ($735,200

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List and define the factors that are important to successful implementation efforts. List and define the factors that are important to successful implementation efforts. Solution Q)List and define the factors that are important to successful implementation efforts. Ans) Several factors are important to the successful implementation of a system: including 1. management support, 2. The involvement of users, and 3. User expectations. Additionally, 4. commitment to the project, 5. commitment to change, and 6. extent of project definition and planning are important. Commitment to the project refers to managing the project so that the problem being solved is well understood and the target system actually solves the problem. Commitment to change means being willing to change behaviors and procedures. The premise of project definition and planning is that more extensive planning is more effective than less extensive planning. .

List and define the factors that are important to successful implement.docx

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List some places that may be using Network Address Translation (NAT) and how do they use it. Solution In this way Network Address Translation (NAT) is mainly working through LAN and WirelessLAN to be mapped in a single public IP address. Communicate with multiple devices on network structure is designed for easiest manner. In NAT is network designed for inside and outside network. NATs are widely used in Wi-Fi zones and UWLAN, WAN technologies and it translate private address and legal address into single layer. Metropolitan cities are using in this technology because single port but multiple access Space communication also using NAT, easily packet transmission into two or more communication channels in different categories. Military service is used in various aspects, message (packet) transfer in one IP address through entire communication channel. Civil democratic living areas are mobilized in easy to connects and configure their network channels in own arrangements. .

List some places that may be using Network Address Translation (NAT) a.docx

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List Five differences in the Format of Foreign vs Domestic Companies Income Statement. List Five differences in the Format of Foreign vs Domestic Companies Balance Sheet. Solution Differences between IFRS and U.S. GAAP Issue IFRS U.S. GAAP Documents included in the financial statements Balance sheet Income statement Changes in equity Cash flow statement Footnotes Balance sheet Income statement Statement of comprehensive income Changes in equity Cash flow statement Footnotes Balance sheet Requires separation of current and noncurrent assets and liabilities Recommends separation of current and noncurrent assets and liabilities Deferred taxes Shown as separate line items on the balance sheet Included with assets and liabilities Minority interests (usually ownership positions by significant but not majority investors) Included in equity as a separate line item Included in liabilities as a separate line item Extraordinary items (events that don .

List Five differences in the Format of Foreign vs Domestic Companies I.docx

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List and define the types of System Software. How does System Software differ from Applications Software? Solution Answer for Question: System Software Definition: System software is a type of computer program that is designed to run a computer\'s hardware and application programs. If we think of the computer system as a layered model, the system software is the interface between the hardware and user applications. Differences Between Application and System Software: Application Software: 1. Application software is computer software designed to help the user to perform specific tasks. 2. It is specific purpose software. 3. Classification: Package Program, Customized Program 4. Application Software performs in a environment which created by System/Operating System System Software: 1. System software is computer software designed to operate the computer hardware and to provide a platform for running application software. 2. System Software Create his own environment to run itself and run other application. 3. It is general-purpose software. 4. Classification: Time Sharing, Resource Sharing, Client Server Batch Processing Operating System Real time Operating System Multi-processing Operating System Multi-programming Operating System Distributed Operating System .

List and define the types of System Software- How does System Software.docx

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List and define the types of System Software. How does System Software differ from Applications Software? Solution System software are set of instructions which are used to run computer hardware and applications. It is like a bridge between hardware and user applications. System software are of threee types. 1) OPERATING SYSTEM It is designed to run process and act as a bridge between applications and user. Different Types are: * General purpose operating system * batch processing operating system * single use operating system * multi use operating system * multi programming/multi tasking operating system * multi thread operating system * Real time operating system * Embedded operating system 2) Language translator : which helps to translate high level language to assembly language. Types are: * Compiler * Interpreter * Assembler 3) Utility software: helps to organize, configure and opttimise the applications in a computer. Examples are: anti-virus software, back-up software These all are to give boost to application softwares... using these softwares.. applications run smoothly. .

List and define the types of System Software- How does System Software (1).docx

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List 6 reasons “WHY” we treat wastewater focused on the different types of contaminants in municipal wastewater. Solution Due the fact that waste water is generated with different types contaminents which are composed of salts,ammonia,pathogenic material,pesticides,chemicals such as nitrates,posphorus etc..................... Most conventional waste water plants are through rivers,lakes and streams all these plants have (National POllutant Discharges Elimination System) NPDES Different types of pollutants are present in waste water are 1) BOD (Bio Chemical Oxygen Demand) 2) Ph value 3) Total suspended values 4) coliform bacteria 5) metals 6) Total dissolved solids 7) pesticides 8) Pharacetimals The Different reasons why we treat waste water treatment focused on contaminents are 1) Clean water is critical to plants and animals that live in water and drink water This is important for fishing industries,animal lifes and plants 2) All the water that is diposed into lakes and rivers used in villages for drinking so we should treat the water for removing pollutants 3) Sewage or waste water can be recycled and used for any purpose of usage of water 4) As if we dont properly treat waste water it carries so many harmful bacteria and viruses which may cause danger to health as we play and stay with water for long time (example : oceans,rivers ) 5) The chemicals and toxic acids present in water may cause various side effects to species (any species) 6) If water is not teated all the water is sent into oceans and rivers which pollute them and cause effect to aquatic and wild life 7) If the waste water is sent into lakes or ponds all the ground water in that area is polluted So we should treate waste water depending on the contaminents present in water .

List 6 reasons WHY we treat wastewater focused on the different types.docx

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Linux distributions are becoming more and more user friendly. There is a relatively new distribution called Ubuntu that is extremely easy to install and is very functional. What additional Linux distributions are currently available, and what are their advantages and/or disadvantages? Solution The various linux distributions available are given below: 1) Finnix, its used for system administration and also comes in market with various architectures 2) Raspbian, its a a type of desktop bases distribution, its also known as a very less power computer 3) 64 Studio, its for the production of audio and video on x86 environment. 4) Corel Linux, its also one of the linux distribution. 5) Dream Linux, its one of the old linux distribution Advantages of Linux Distributions: 1) One of the advantages is that, most of the distributions of the linux are free to use and it also can be installed without license in any numbers of Computers. 2) They are more secure than windows systems, with less virus attacks 3) Opne sources and you can free to do the modifications on it. 4) Various software available to use on these distributions. 5) Robust and fast in execution. Disadvantages of Linux Distributions: 1) To understand linux distribution, you have to be patience, as its not easy as windows, to get familiar with it. 2) Not have a very strong GUI as windows. 3) Linux distributions also having various compatibility issues with other systems. 4) In terms of various applications, linux distributions are still lagging behind the windows .

Linux distributions are becoming more and more user friendly- There is.docx

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