Managerial Accounting

ARMSTRONG COMPANY is a family-owned, medium-sized, manufacturing business that makes industrial cleaning solvents. Various chemicals, detergents and water are mixed together and then bottled in two-gallon containers. Now, more than ever, ARMSTRONG cleaners are in strong demand due to the worldwide pandemic.

ARMSTRONG COMPANY is a family-owned, medium-sized, manufacturing business that makes industrial cleaning solvents. Various chemicals, detergents and water are mixed together and then bottled in two-gallon containers. Now, more than ever, ARMSTRONG cleaners are in strong demand due to the worldwide pandemic.

You are the junior controller of GIBSON’S, a small family-run retail operation. On April 11, 2019, a fire damaged the office and warehouse of GIBSON’S. Most of the accounting records were destroyed, but the following account balances were determined as of March 31, 2019.

You are the junior controller of GIBSON’S, a small family-run retail operation. On April 11, 2019, a fire damaged the office and warehouse of GIBSON’S. Most of the accounting records were destroyed, but the following account balances were determined as of March 31, 2019.

You are a staff accountant at MARTIN CORPORATION. The assembly department supervisor has asked you to explain depreciation charges and why the double-declining balance method of depreciation was used.

You are a staff accountant at MARTIN CORPORATION. The assembly department supervisor has asked you to explain depreciation charges and why the double-declining balance method of depreciation was used.