Below are links to handouts for a cryptogram puzzle to review Property, Plant & Equipment in financial accounting. Both handouts relate to the same puzzle, but one is the student handout and the other is the solution. This is a quick puzzle – it is a phrase that relates to PP & E. To solve […]
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What expenditures would have been capitalized versus expensed in converting a church building to Belltower Brewing Co.?
October 25, 2022 
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What expenditures would have been capitalized versus expensed in converting a church building to Bell Tower Brewing Co.? The owners of Bell Tower Brewing Co. in Kent, Ohio, purchased a 150-year-old church a few years ago. Over a three-year period, they converted the church building into a two-story, 9,000-square foot brewery. Pews from the church […]
Continue readingNew! Word Search Puzzle to Review PP&E and More in Financial Accounting
October 22, 2022 0 Comments
Below are links to a word search puzzle to review Property, Plant & Equipment and Intangible Assets in financial accounting. Both links are to the same puzzle, but one has a solution button enabled and the other does not. PP&E and Intangible Assets word search puzzle (student version): Share this link with your students to […]
Continue readingHow will Stack Investors use the relative sales value method to allocate the purchase price of a rental property it purchased?
October 17, 2022 0 Comments
How will Stack Investors use the relative sales value method to allocate the purchase price of a rental property it purchased? Stack Investors is a real estate company, specializing in student housing rentals. Black Squirrel Rentals recently purchased a house at 121 Crain Avenue in Kent for $55,000. Rooms in the house will be rented […]
Continue readingHow will Chipotle recognize the costs of Chippy, its tortilla-chip-making robot?
April 5, 2022 2 Comments
Chipotle is currently testing Chippy, a robot that makes tortilla chips. Chippy makes the chips less than perfect so that they appear to be made by a human. Customers are used to finding a chip with a little more salt or a little extra lime, so Chippy is making those subtle variations in the chips. […]
Continue readingWhat costs would the Stellar Pizza robotic pizza restaurant capitalize or expense?
January 11, 2022 2 Comments
Stellar Pizza has a pizza-making robotic machine that was built by three former SpaceX engineers. More than 23 former SpaceX employees work at Stellar Pizza. The pizza-making robot can produce a pizza every 45 seconds. A pizza can be customized, baked, and topped in less than five minutes by the robotic machine. Stellar Pizza will […]
Continue readingHow will Texas Instruments account for the cost of its new semiconductor wafer plant?
December 7, 2021 0 Comments
Texas Instruments Inc. (NASDAQ:TXN) is expanding its chip manufacturing capacity. It announced recently that it will begin construction in 2022 on its new plant for manufacturing 300-millimeter semiconductor wafers. Semiconductor wafers are used in a variety of products, particularly in industrial and automotive electronics. Texas Instruments (TI) acquired the land for the plant in 2021. […]
Continue readingAccounting Case Template tool available to build an introductory financial accounting case assignment
January 3, 2019 3 Comments
Again, as we start a new semester, I wanted to point out the availability of a tool that may be of use in teaching introductory financial accounting. The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from […]
Continue reading10-K, Ch 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 04 Internal control and cash, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 11 Statement of cash flows, Ch 12 Financial statement analysis, Financial accounting
Will the cost of the new Forbidden Frontier attraction at Cedar Point reduce income in 2018?
September 22, 2018 2 Comments
Management of Cedar Point, the amusement park in Sandusky, Ohio, recently announced that it would be closing the Dinosaurs Alive and Witches’ Wheel to make room for a new attraction called “Forbidden Frontier on Adventure Island.” This paragraph is what Cedar Point management released about this upcoming new attraction: “Grab your map and prepare for […]
Continue readingCreate Customized Financial Accounting Case Assignments with the Accounting Case Template
August 20, 2018 3 Comments
Again, as we start the fall semester, I wanted to point out the availability of a tool that may be of use in teaching introductory financial accounting. The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from […]
Continue readingCh 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 04 Internal control and cash, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 11 Statement of cash flows, Ch 12 Financial statement analysis, Financial accounting
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