Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Jan 2018 My Price 6.00

Kelley Company

Kelley Company reported net income of USD 358,050 for 2009, USD 371,400 for 2010, and USD 325,800 for 2011, using the incorrect inventory amounts shown for 2009 December 31, and 2010. Recently, Kelley corrected the inventory amounts for those dates. Kelley used the correct 2011 December 31, inventory amount in calculating 2011 net income.

 

Incorrect

Correct

2009 December 31

USD 72,600

USD 86,200

2010 December 31

84000

70200

Prepare a schedule that shows: (a) the reported net income for each year, (b) the amount of correction needed for each year, and (c) the correct net income for each year.

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Jan 2018 08:01 PM My Price 6.00

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