The goal of this assignment is to help you compile, select, and study the sources you will use in your final essay project. It also asks you to spend time reading, interpreting, and analyzing your sources so that you can decide how you might incorporate them in your project. The idea here is to list five or more sources you’re thinking about using in your essay; you may later discover a source may not fit your argument and find others that do. The idea here is to help you become familiar with the library databases and the sources you’re considering and how they might operate in your essay (to help you develop your thesis/analysis or answer your research question). This assignment will also give me an idea of the sources you’re considering so I can give you some feedback.

To create your bibliography, follow these guidelines for each entry:

1. List all of your selected sources in MLA format (8th edition). Since your sources must come from the library databases, each of the databases – OneSearch, Proquest, Opposing Viewpoints, CQResearcher, etc. – provide citation links; all you have to do is click on it, select MLA 8th edition, and your source will be cited for you.
2. Just below each MLA citation, write a 100-word summary of the source, which includes a one or two sentence explanation of how you think this source will help support, be of value to, your argument.
3. Before turning in your annotated bibliography, remember to proofread and correct for errors.
4. Be sure your annotated bibliography is typed, 12 pt font, Times New Roman, with 1” margins. (You can submit your AB in a MSWord docx format or convert it to a pdf file in this format).

As I addressed above, including sources in your working annotated bibliography does not obligate you to use them in your final paper, but your work will be more useful if you begin careful research now and explore sources that you intend to use. Here is a sample of some Annotated Bibliography entries

*** basically, I need 5 library sources of what I can write about the life as a slave. My final essay is going to be about the life as a slave in America in the early 1600-1700s. One of my sources is going to be Uncle Tom’s Cabin, so I need 4 other sources***

Into exam problems. Just fill it in please

AC310 Assessment Exam—50 points

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Name__________________________________Section# _________

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I. PROBLEMS

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Part 1 – Journal Entries with t-accounts

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Pollard Laminated Products Company began business on January 1, 2019. Below are the following transactions that occurred.

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Required: Prepare the general journal or the adjusting entries for each transactions. Omit explanations.

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• Pollard borrowed $50,000 from the bank and signed a promissory note on January 1^st.
• Pollard paid for inventory that was previously purchased on account for $25,000 (the perpetual inventory system is used) on January 9^th.
• The basement of the building is rented out to another firm and used for storage. The tenant paid $96,000 in advance to Pollard on January 12^th for two year’s rent. The firm will begin using the building next month.
• Pollard performed service on January 15^th for $6,000 on account.
• January 1^st, Pollard paid $30,000 for a two year insurance policy for their new building. Pollard debited Prepaid Insurance on January 1^st when the $30,000 payment was made. What is the adjusting entry on January 31^st?
• Pollard purchased an intangible asset on January 1 for $120,000. The intangible asset has an expected life of 10 years and is worthless at the end of its life. Pollard uses the straight-line method for cost allocation. What is the adjusting entry on January 31^st?

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Date	Account	Debit	Credit

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Date	Account	Debit	Credit

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Date	Account	Debit	Credit

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Date	Account	Debit	Credit

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Date	Account	Debit	Credit

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Date	Account	Debit	Credit

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Part 2 – Account Recognition

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For each item, indicate: (1) the account name (2) the type of account (A=Asset, L=Liability, SE =

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Stockholder’s Equity, R=Revenue, E= Expense), and (3) whether it is reported on the income statement

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(I/S), or the balance sheet (B/S)

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Description	(1) Account Name	(2) Type of Account	(3) Reported on (I/S) or (B/S)
Amount earned on savings and loans to others. The right to collect from customers for prior sales on credit Goods on hand that are being held for resale Cost of intangible assets used up or expired during the period Amount paid for rent relating to future periods Amount borrowed from lenders by signing a promissory note Amount of stock which is bought back by the issuing company and reduces the amount of outstanding stock. Cost of products sold in the ordinary course of business Amount of earnings distributed to shareholders Amounts (customer deposits) received in advance of providing goods or services to customers

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Part 3 – T-account Analysis

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Palmer Company paid or collected during 2019 the following items:

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Cash payment for rent during the year$ 17,000

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Cash collected for interest during the year45,700

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Cash paid for salaries during the year120,200

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The following balances have been excerpted from Palmer’s balance sheet:

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December 31, 2019December 31, 2018

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Prepaid rent $ 2,500$ 5,000

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Interest receivable5,9002,700

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Salaries payable12,30010,600

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1. The rent expense on the income statement for 2019 was (use t-accounts)

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a.$19,500.

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b.$14,500.

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c.$12,000.

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d.$2,500.

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2.The interest revenue on the income statement for 2019 was (use t-accounts)

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a.$48,900.

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b.$43,000.

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c.$42,500.

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d.$45,700.

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Part 4. MULTIPLE CHOICE

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1. Which of the following would be included in cash flows from investing activities?

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1. Cash collected from customers
2. Cash used to purchase equipment
3. Cash received from an issuance of bonds
4. Cash dividends paid
5. Cash paid for inventory

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1. On September 1, 2019, a company issued a $50,000, 6-month, 9% note payable to purchase equipment. At December 31, 2019, the company records an adjusting entry to accrue interest incurred but not paid.Adjusting entries are made on an annual (not monthly) basis. The company pays the note with interest at the maturity date.Assuming the company does not use reversing entries, what is the entry to record the payment of the note and interest at the maturity date?

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1. Debit Notes Payable for $50,000, debit Interest Expense for $4,500, and credit Cash for $54,500
2. Debit Interest Expense for $2,000, debit Interest Payable for $2,500, and credit Cash for $4,500
3. Debit Notes Payable for $50,000, debit Interest Payable for $1,500, debit Interest Expense for $750, and credit Cash for $52,250
4. Debit Interest Expense for $2,250 and credit Cash for $2,250
5. Debit Cash for $4,500 and credit Interest Payable for $4,500

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A piece of equipment was acquired on January 1, 2018, at a cost of $72,000, with an estimated residual value of $3,000 and an estimated useful life of six years. The company uses the straight line method. What is its book value at December 31, 2019?

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1. $24,000
2. $32,000
3. $23,000
4. $49,000
5. $48,000

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1. A trucking company sold its fleet of trucks for $55,300. The trucks originally cost $1,421,000 and had Accumulated Depreciation of $1,272,000 recorded through the date of disposal. What gain or loss did the trucking company record when it sold the fleet of trucks?

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1. Gain of $55,300.
2. Loss of $93,700.
3. Loss of $55,300.
4. Gain of $93,700.
5. No gain recognized

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The following information is available from the accounting records of the Cups Company: Treasury Stock $20,000 debit balance Common Stock 300,000 credit balance Additional Paid-In Capital 70,000 credit balance Retained Earnings 150,000 credit balance What is the amount of stockholders’ equity for Cups Company? $350,000 $430,000 $540,000 $520,000 $500,000 Which of the following statements about treasury stock is correct? When a company reissues treasury stock for more than it originally paid for the stock, it reports a gain that increases net income. Treasury stock is reported as issued and outstanding stock. Treasury stock is reported as an asset on the balance sheet. When a company purchases treasury stock, it decreases total stockholders’ equity. Treasury stock gives rise to interest income.

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1. Which of the following statements about Retained Earnings is correct?

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1. Retained Earnings equals cash available to pay dividends to stockholders.
2. Retained Earnings is decreased by purchases of treasury stock.
3. Retained Earnings is increased by the par value of the common stock that is issued.
4. Retained Earnings consists of cumulative net income less any net losses and dividends since inception.
5. Retained Earnings is equal to cash less total liabilities.

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1. Small Town Rentals depreciates its stretch Hummer using the units-of-production depreciation method and bases usage on the miles driven per year. The estimated useful life of the vehicle is 250,000 miles. The vehicle was purchased for $115,000 and is not expected to have any residual value at the end of its life. It was driven a total of 40,000 miles during the first year of its useful life and 25,000 miles during the second year. What is the amount of Accumulated Depreciation recorded on the vehicle at the end of those two years?

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a. $70,769

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b. $33,400

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c. $46,000

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d. $18,400

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e. $29,900

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1. On January 1, 2019, Slow Sloth, Co. signed a $315,000, 5-year note payable to buy a new industrial veneer cutter. Slow Sloth plans to use the machine for 10 years and then sell it for its scrap value of $5,000. Using straight-line depreciation, depreciation expense for the year ended December 31, 2019 equals:

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1. $31,000.
2. $284,000.
3. $283,500.
4. $31,500.
5. $32,000

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1. Your company pays $900,000 for a patent that has 10 years remaining.Each year, your company should:

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1. debit Amortization expense for $90,000 and credit Accumulated Amortization (or Patent) for $90,000.
2. debit Accumulated Amortization (or Patent) for $90,000 and credit Amortization Expense for $90,000.
3. report no Amortization Expense because patents are not subject to amortization
4. use the accelerated method (double-declining balance) to amortize the patent over 20 years.
5. debit Amortization expense for $45,000 and credit Accumulated Amortization (or Patent) for $45,000.

3-4 pages

Due: 18 hours

Happy Monday!

Most importantly, the Reflection Paper should be on your agenda. I have had a few people ask for some clarifications.
The bulk of your reflection paper should be about your thoughts, feelings, reflections on the scenario. Your summary of the teaching scenario should take up only a SMALL part of your paper. The purpose of this paper isn’t to show how much you know about a topic, but to demonstrate that you are able to reflect on your practice.

Here’s a brief example. Let’s pretend I taught someone how to use their insulin pen.
I would describe the interaction (who, where, when, what, why, how, etc….).

For the reflection: I admit I felt nervous going into this appointment. It was the first time I was teaching someone to start insulin. I think my hands were shaking and my voice was shaky. I ensured that I put a warm smile. I think this put the patient at ease, which in turn helped me to relax. I knew, despite being nervous, that I had prepared well for the appointment, reviewing the steps and equipment needed with my colleague…..

This project requires you to conduct a 5-year financial analysis and forecast of an existing or proposed NPO. Student employed by an NPO must assess the organization’s annual financial report from 2016 to 2019 and provide recommendations for enhancing its revenue sources and for ensuring its long-term sustainability. The 5-year financial analysis and forecast must address each of the following:

1. Financial structure and diversity;

2. Historical and anticipated annual growth for each revenue source;

3. Historical and anticipated annual growth of operating, program, and service costs;

4. Historical and projected net profit margin;

5. Historical and projected fiscal health;

6. 5-year financial forecast;

7. Recommendations for achieving long-term financial sustainability; and,

8. Implementation strategy and project plan for achieving long-term financial stability.

For the proposed creation of an NPO, the financial analysis and forecast must address the following:

1. Identification of corporate, foundation, individual, and governmental funding sources;

2. Projected annual revenue collection by source for each fiscal year in the forecast;

3. Projected annual growth in operating, program, and service costs for each year of the financial forecast;

4. Projected net profit margin for each year of the financial forecast;

5. Projected fiscal health for each year of the financial forecast;

6. 5-year financial forecast;

7. Strategies for achieving long-term financial sustainability; and,

8. Implementation strategy and project plan for achieving long-term financial stability.

Structure of the Course Project

The mandatory structure of the course project is as follows:

1. Cover Letter

2. Cover (Title) Page

A. Executive Summary

B. Table of Contents

C. Report

1. Introduction

2. Financial structure and diversity analysis

3. Net profit margin analysis

4. Fiscal health analysis

5. Five-year financial forecast

6. Recommendations for long-term sustainability

7. Conclusion

properly formatted with references

Part Two:
Create a Powerpoint Presentation