What information can be calculated from Coca-Cola’s trial balance? Coca-Cola, Inc. (NYSE: KO) is a multinational drink company headquartered in Atlanta, Georgia, United States. It is a publicly held corporation. Coca-Cola operates and reports financial information annually every December 31. To follow is a condensed and adapted trial balance as of December 31, 2022, that […]
Continue readingWebinar: Getting Ready for Fall Classes
August 11, 2023 
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Join us Tuesday, August 15th, 1 – 4 pm Eastern, for Getting Ready for Fall Classes offered by the AAA’s Management Accounting Section as part of the CGMA Teaching and Practice Symposium sponsored by AICPA & CIMA. In this webinar, you’ll have the opportunity to gain valuable insights and practical knowledge in six 30-minute sessions […]
Continue readingPoll: How important are journal entries for introductory financial accounting?
July 9, 2023 14 Comments
Greetings! I am working on developing a new project for introductory financial accounting and I am trying to decide whether to include journal entries as part of the project, or to focus on understanding and the use of the information. The project I am working on would apply to several topics within introductory financial accounting, […]
Continue readingHow would Yeti account for the contingent liability arising from a recall of its soft coolers and gear cases?
March 19, 2023 0 Comments
Yeti is recalling nearly two million soft coolers and gear cases, including the Hopper M30 Soft Cooler 1.0 and 2.0, Hopper M20 Soft Backpack Cooler, and SideKick Dry Gear Case, due to a magnet ingestion hazard. The products, sold between March 2018 and January 2023, feature large internal pockets with powerful magnet closures that can […]
Continue readingWhat information can be calculated from Krispy Kreme’s trial balance?
January 28, 2023 0 Comments
Krispy Kreme, Inc. (NASDAQ:DNUT) is a multinational doughnut company and coffeehouse chain headquartered in Winston-Salem, North Carolina, United States. It is a publicly held corporation. Krispy Kreme operates and reports financial information on a 52- or 53-week year with the fiscal year ending on the Sunday closest to December 31. Krispy Kreme’s 2021 fiscal year […]
Continue readingNew! Crossword and word search puzzles to review financial statement analysis
December 3, 2022 0 Comments
Below are links to a crossword puzzle to review financial statement analysis concepts in financial accounting – and links to a word search puzzle to review the same concepts. I figured many of us are heading into the financial statement analysis chapter right now, so I thought I would share these puzzles I created for […]
Continue readingWhat is the impact on Bausch + Lomb’s balance sheet from its public stock issuance?
December 3, 2022 0 Comments
Bausch Health Companies took its eye care unit, Bausch + Lomb (BLCO) public with a public stock issuance in 2022. Bausch + Lomb had been a private company since 2007, when it had been purchased by two private equity firms. Bausch + Lomb sells contact lenses, eye drops, and implantable lenses for cataract surgery. It […]
Continue readingHow would Kraft account for the contingent liability arising from a class action lawsuit alleging that it takes more than the advertised 3 ½ minutes to prepare Velveeta Microwaveable Shells & Cheese cups?
November 28, 2022 2 Comments
On the packaging of Velveeta Microwaveable Shells & Cheese cups, it says that it takes three and a half minutes to cook to the right consistency of cheese. However, for one upset Florida woman, it seems to be untrue. According to the South Florida Sun-Sentinel, Amanda Ramirez has filed a proposed class-action lawsuit accusing Kraft […]
Continue readingNew book! Teaching with Microsoft Teams: Student Engagement Strategies
November 27, 2022 0 Comments
In January 2023, my new book “Teaching with Microsoft Teams: Student Engagement Strategies” is being published! In this book, I share several techniques for using Microsoft Teams to increase student engagement – both in synchronous online classes and asynchronous classes. Some of the chapters in the book include: Update 11/29/2022: Thank you to everyone who […]
Continue readingNew! Crossword puzzle to review stockholders’ equity concepts
November 13, 2022 0 Comments
Below are links to a crossword puzzle to review stockholders’ equity concepts in financial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Stockholders’ equity crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution. […]
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