Category: Accounting

Assignment Question(s):
Q1. Suppose you are an auditor who has been tasked with looking into the internal controls at a company. Define an internal control system and list the main principles of internal controls. (5 Mark)
Q2. A company allows its customers to use bank credit cards to charge purchases. The company is charged 2.5% service charge credit card sales. (5 Mark)
A. On April 10, the company sold SAR 27,000 worth of merchandise to customers who used credit cards.
B. On April 18 Received cash proceeds less the service charge for the April 10 Prepare the company’s journal entry for each of the above transactions.
Q3 A company’s property records revealed the following information about its plant assets: Machine No. Cost Salvage Value Purchase Date Depreciation Method and Estimate Life
1 SAR 24,000 SAR4 ,000 1/1/2023 Straight-line (4 years)
2 SAR 30,000 SAR1,500 1/1/2023 Double-declining-balance (5 years)
Calculate the depreciation expense for each machine for the year ended December 31, 2023, and for the year ended December 31, 2024. (Marks 5)
Machine 1:
2023: 2024: Machine 2:
2023: 2024:

Please answer the questions labeled in part 2. I need this ASAP please. It should be done no later than 3 pm EST. Don’t look at deadline i couldn’t put an earlier time
Important Info
The order was placed through a short procedure (customer skipped some order details).
Please clarify some paper details before starting to work on the order.
Type of paper and subject
Number of sources and formatting style
Type of service (writing, rewriting, etc)

This course, ACCT 301 (Cost Accounting), was selected as a socially responsible course last year as part of the university’s social responsibility initiatives. This implies that the third activity of this course should be a presentation that demonstrates some aspect of social responsibility. Students should form groups of 4 students and prepare a presentation regarding the following title
How Social Responsibility Relate to Performance Evaluation and Compensation (Chapter 15)
Presentation should be submitted in PDF form

Assignment (2)
Deadline: Saturday 04/05/2024 @ 23:59
Course Name: Principles of Accounting Student’s Name:
Course Code: ACCT 101 Student’s ID Number:
Semester: Second CRN:
Academic Year: 1445 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: /15 Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted. Assignment Question(s): Q1. Suppose you are an auditor who has been tasked with looking into the internal controls at a company. Define an internal control system and list the main principles of internal controls. (5 Mark)
Q2. A company allows its customers to use bank credit cards to charge purchases. The company is charged 2.5% service charge credit card sales. (5 Mark)
A. On April 10, the company sold SAR 27,000 worth of merchandise to customers who used credit cards.
B. On April 18 Received cash proceeds less the service charge for the April 10 Prepare the company’s journal entry for each of the above transactions.
Q3 A company’s property records revealed the following information about its plant assets: Machine No. Cost Salvage Value Purchase Date Depreciation Method and Estimate Life
1 SAR 24,000 SAR4 ,000 1/1/2023 Straight-line (4 years)
2 SAR 30,000 SAR1,500 1/1/2023 Double-declining-balance (5 years)
Calculate the depreciation expense for each machine for the year ended December 31, 2023, and for the year ended December 31, 2024. (Marks 5)
Machine 1:
2023: 2024: Machine 2:
2023: 2024:

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted.

Please see the following attached files for the task sheet etc. The Excel document uploaded has the data that you need to reference and use in the assignment.

you need to answer the question in the case study based on the information from the link provided in the case.
you must visit the link, and watch all the videos and answer the questions accordingly. (PLASE THIS IS MANDATORY)
the link: https://apps.cte.smu.edu.sg/financial-statement/
the case is attached

detailed descriiption of what you did in Capsim. How did you make decisions? What information did you use?
Where did you find the information? Which decisions were successful? Why? Which decisions were not successful? Why?
What did you learn from these rounds? What will you do differently in upcoming rounds?
How did your team make decisions? Did you use consensus? Did you assign different areas to different people?
How did the decisions in different functional areas impact other functional areas?
What is your biggest takeaway from these rounds?

For your Research Paper, you will choose a topic that deals with some aspect of theory related to
topics covered in the course (Examples Current Liabilities and Contingencies, taxes and owners equity, bonds and Longterm notes payable) Use the Explore: Research
Portal: Articles/Journals/Databases, which can be found in this Module’s Learn section, along
with other sources to search for journal articles in professional accounting and business journals
that pertain to your topic.
Then, you will write an 8 – 10-page, double-spaced research paper that adheres to current APA
format. It must include references from at least 5 scholarly resources, a title page, and a reference
page.
Also relate a piece of scripture to the paper at some point.

Write a business report for Comfy Toy Company, fulfilling the following requirements with
supporting calculations. The report is subject to a 1,000-word limit, inclusive of in-text
referencing (if applicable, although not necessary). This word limit excludes the title page,
appendix (containing detailed supporting calculations), and reference list. The inclusion of a
reference list is optional, but if used, proper referencing is encouraged (e.g. APA 7th). Penalties
may be applied to reports exceeding the word limit, with exceptions granted for minor excess
(e.g., within 10% of the limit) containing relevant material.