Difference Between Temporary and Permanent Accounts

November 24, 2022

Difference Between Temporary and Permanent Accounts

Order Number	636738393092
Type of Project	ESSAY
Writer Level	PHD VERIFIED
Format	APA
Academic Sources	10
Page Count	3-12 PAGES

Instructions/Descriptions

Difference Between Temporary and Permanent Accounts

[Order Now]

Week 5 Assignment

Application Problems

Completing them will help you understand the concepts in this lesson.

Exercise 6-7A on page 338
Exercises 6-10A and 6-11A on page 339

Quiz

1. Describe the difference between temporary and permanent accounts, and state which ones are closed. Describe the purpose of the closing process.

Explain the significance of the return on equity ratio. Who (what category or type of financial statement users) would normally be most interested in this ratio?
Rolla Company was founded in 2010. It acquired $30,000 cash by issuing stock to investors and an additional $20,000 cash by borrowing from creditors. During 2010 it received $15,000 cash revenues and paid $22,000 in cash expenses. The company then went out of business.What amount of cash will Rolla’s stockholders receive?
Rolla Company was founded in 2010. It acquired $30,000 cash by issuing stock to investors and an additional $20,000 cash by borrowing from creditors. During 2010 it received $15,000 cash revenues and paid $22,000 in cash expenses. The company then went out of business.What amount of cash will Rolla’s creditors receive?
Rolla Company was founded in 2010. It acquired $30,000 cash by issuing stock to investors and an additional $20,000 cash by borrowing from creditors. During 2010 it received $15,000 cash revenues and paid $22,000 in cash expenses. The company then went out of business.What amount of cash should Rolla Company have had on hand immediately before going out of business?
Petty cash funds are maintained on an imprest basis. Explain the advantage of using the imprest basis in accounting for petty cash.

401 – 3 DQ’s need to be answered today by 4pm EST. On time work NO Plagiarism 275 word count for each question. Please post answers below the questions PLEASE

Marketing Plan – Ch.8 – What are benefits of entrepreneurs conducting market research? Provide examples of market research strategies used in your current business or one with which you are familiar. Ensure that in preparing your response, you properly cite and reference sources. This includes text, the internet and the UOP library. As a reminder, blogs are not appropriate sources for information in responding as the information is opinion only and not reviewed by credible sources.

Customers Ch.8 – Why is it important for entrepreneurs to define and identify who their customers are? What strategies do entrepreneurs use to determine customer needs and wants? Ensure that in preparing your response, you properly cite and reference sources. This includes text, the internet and the UOP library. As a reminder, blogs are not appropriate sources for information in responding as the information is opinion only and not reviewed by credible sources.

Internet – Ch.9 – What benefits are associated with a business selling on the Internet? Discuss how the Internet and Web-based businesses have changed entrepreneurs’ strategies. What advice would you offer to an entrepreneur thinking of starting an e-business? Ensure that in preparing your response, you properly cite and reference sources. This includes text, the internet and the UOP library. As a reminder, blogs are not appropriate sources for information in responding as the information is opinion only and not reviewed by credible sources.

Difference Between Temporary and Permanent Accounts

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Literature Support

91-84 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Methodology

58-53 points

With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached.

Average Score

50-85%

40-38 points

More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied.

83-76 points

There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration.

52-49 points

The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached.

Poor Quality

0-45%

37-1 points

The context and/or importance are lacking. There is no search history information supplied.

75-1 points

There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references.

48-1 points

There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached.