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 […]
Continue readingWhat expenditures would have been capitalized versus expensed in converting a church building to Belltower Brewing Co.?
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
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?
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 readingRecap of all data analytics projects available
Hello! I have posted a few data analytics projects here on my blog and thought it might be useful as the semester starts to post the links in one post. (Heads up: I will be posting a new managerial accounting data analytics case within the next week too!) Here goes: Project 1: Transaction analysis for […]
Continue readingWill the costs of converting UPS trucks from diesel to electric be capitalized or expensed?
UPS is working with the New York State Energy Research and Development Authority to develop new technology that will allow UPS to convert its diesel-fueled delivery trucks to electric-fueled. UPS hopes to have a working model of the converted delivery truck ready sometime in 2018. The plan is to convert 1,500 of the company’s delivery […]
Continue readingWould the costs related to the clothing vending machines that Uniqlo has installed in airports and shopping malls be expensed or capitalized?
Uniqlo, a Japanese clothing designer, manufacturer, and retailer, is installing vending machines in some airports and shopping malls in the U.S., including Oakland Airport (San Francisco), George Bush Intercontinental Airport (Houston), and Queens Center (New York.) Uniqlo’s thermal jackets and parkas, which are thin, warm, and easily packable, are going to be stocked in the […]
Continue readingWhat costs at LimeBike, the bike sharing service, would be capitalized versus expensed?
LimeBike is a start-up founded in 2017 located in San Mateo, California. Its mission is to make shared bicycles accessible and affordable. The company has taken the basic idea of shared bicycles and eliminated the need to return the bike to a docking station, which may not be near the cyclist’s destination. LimeBike charges $1 […]
Continue readingFor a Zume Pizza delivery truck that uses a combination of robots, AI, and GPS in pizza preparation and delivery, what will be capitalized versus expensed?
Zume Pizza uses a combination of robots, artificial intelligence (AI), and GPS in its food trucks to deliver pizzas to customers’ houses just as the pizza is finished baking. The process starts with a customer using Zume Pizza’s app to order pizza. The pizza combinations offered by Zume have been derived by analyzing customer data […]
Continue readingWould the cost of the football field constructed on Bristol Motor Speedway for the UT vs VT game be capitalized or expensed?
On September 10, 2016, a football game was played on Bristol Motor Speedway. The game was the University of Tennessee (UT) versus Virginia Tech (VT.) Bristol Motor Speedway hosts NASCAR races. About ten years ago, a plan began to come together to host the UT vs. VT game at the track, since it is located […]
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