Overview: In this milestone, you will move through the first four steps of Final Project I by creating the monthly journal entries and general ledger accounts in your accounting workbook. The monthly journal entries are how businesses input financial activities into their accounting systems. The values from these entries are posted to the general ledger.
Prompt: Your dog, Peyton, has severe allergies and cannot have the usual store-bought dog treats. You have been making homemade treats for him that are allnatural and hypoallergenic. Over the past year, you have been making and selling these treats out of your home, and you have been quite successful. You now have an opportunity to open your own dog treat bakery. You have decided on a corporate form of business and have named your company “Peyton Approved.”
To complete Milestone One, use accepted accounting principles to follow and record your business transactions for a three-month period. You will find the provided data for your workbook in the appendix at the end of this document. The data have been separated from the prompt so that you can more easily view the full scope of the assignment. Links have been provided to help you locate the information you need as you move through each step.
Specifically, the following critical elements must be addressed:
I. Record financial data that accurately captures business transactions according to accepted accounting principles.
A. Step One: Complete the “July Journal Entries” tab in your workbook using the Step One data in the appendix.
B. Step Two: Complete the “August Journal Entries” tab in your workbook using the Step Two data in the appendix.
C. Step Three: Complete the “September Journal Entries” tab in your workbook using the Step Three data and updated scenario information in the appendix. Note that there was an additional line of products added this month, so you must first complete the “Inventory Valuation” tab in your workbook and then copy the journal entries from the inventory evaluation page into your journal for this month to ensure the impact of merchandising is reflected in your reporting.
D. Step Four: Transfer posted en
Why the Apple Watch isn’t Worth Buying
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apple watch displayApple has persistently been the organization ready to dumbfound and stun. Its past CEO and master Steve Jobs was a virtuoso of advertising; when he was alive, Apple continued amazing its clients quite a long time after year. Notwithstanding, as of late Apple began to help to remember an old woman who attempts to act youthful; a portion of its items appear to be futile knickknacks as opposed to reasonable and progressive. This unflattering comment alludes to Apple Watch—one of Apple’s latest contraptions; despite the fact that Apple fans are now slobbering over it, there is, indeed, no motivation behind why somebody should pay a huge whole for this item.
There is nothing unique about the Apple Watch. Among the most significant highlights designers (and advertisers) stress is the capacity to show warnings when your telephone’s screen is bolted; approaching content investigation—the watch screens messages and other approaching data and recommends answer choices; fast voice informing and adaptable emoticons; a store of wellness capacities, for example, the estimation of pulse, an exercise coordinator, etc; Siri is generally ready, just as Maps (Mashable).
In any case, is this so extraordinary? The notice work basically moves the vibration from your pocket to your wrist when the telephone is off. Stick your iPhone to your hand with a pipe tape, and you will get a comparative encounter. The content examination framework, abstractly, is one of the most questionable and least required capacities. Where is the assurance that it will consistently work accurately? Despite the fact that it recommends conceivable answer alternatives, you will in any case need to peruse them to check whether the answer is precise; it doesn’t spare a lot of time. What’s more, on the off chance that you choose to not twofold check, and basically send the message immediately, simply envision yourself answering to your manager’s message with something like, “Heartbroken, darling, I have a migraine, how about we do it next time.” This capacity makes the communicator—the client—practically futile, leaving them as a latent observer. Brisk voice informing isn’t progressive either—huge amounts of applications can do that, beginning from Viber and winding up with fascinating (in the West) LINE. The equivalent goes for wellness capacities. With respect to adjustable emoticons, it is unquestionably not a what tops off an already good thing that costs $600.
Moreover, this contraption doesn’t fit the Apple condition well. The main adjust it can set up is with an iPhone. On the off chance that you, be that as it may, have an Apple telephone more seasoned than an iPhone 5s, be set up for your Apple Watch to be dormant and a segregated bit of plastic and metal. For what reason is it awful? Numerous individuals despite everything use iPhones of the fifth or even fourth era, since they work fine, and the new ones cost a great deal. In this way, on the off chance that they ever need to buy an Apple Watch, they need to pay extra $500 (roughly) for an iPhone 5s. Clients of Android telephones can’t utilize the contraption either (Whatculture.com).
The Apple Watch is a result of great showcasing. Of course, Apple has offered something that a great many clients promptly felt stunned and captivated with; in any case, behind this mass of amazement, they can’t see that the Apple Watch isn’t exceptional in any viewpoint. It is costly, it doesn’t function admirably in the Apple condition, it has a lot of capacities that any cell phone—even an unremarkable one—can perform at the equivalent, or surprisingly better level. Things being what they are, is it worth buying it? The appropriate response is in all probability no.
References
Clery, Adam. “Apple Watch: 10 Reasons You Shouldn’t Buy One.” WhatCulture.com. N.p., n.d. Web. 21 Aug. 2015.
“The 15 Most Important Apple Watch Features.” Mashable. N.p., n.d. Web. 21 Aug. 2015.