Journal Article Analysis

Each student will select one of the key terms presented in the module and conduct a search  find 1 recent peer-reviewed academic journal article (within the past 3 years) that closely relate to the concept. Your submission must include the following information in the following format:

DEFINITION: a brief definition of the key term followed by the APA reference for the term; this does not count in the word requirement.

SUMMARY: Summarize the article in your own words- this should be in the 150-200 word range. Be sure to note the article’s author, note their credentials and why we should put any weight behind his/her opinions, research or findings regarding the key term.

DISCUSSION: Using 300-350 words, write a brief discussion, in your own words of how the article relates to the selected chapter Key Term. A discussion is not rehashing what was already stated in the article, but the opportunity for you to add value by sharing your experiences, thoughts and opinions. This is the most important part of the assignment.

REFERENCES: All references must be listed at the bottom of the submission–in APA format.

Be sure to use the headers in your submission to ensure that all aspects of the assignment are completed as required.

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journal assignment 

MUST BE SUBMITTED IN PDF

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Journal discussion questions below.  A minimum of 150 with references.

• The interest rate affects the investment patterns in the economy. A friend of yours suggests a get-rich-quick scheme: Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate, and profit from the interest-rate differential. Do you see any potential problems with this idea? Explain. What are the cons of the strategy?
• Consumer spending during holiday seasons affects the aggregate demand (AD) in the economy. AD drastically declines during serious recessions. In 1939, with the U.S. economy not yet fully recovered from the Great Depression, President Roosevelt proclaimed that Thanksgiving would fall a week earlier than usual so that the shopping period before Christmas would be longer. Explain what President Roosevelt might have been trying to achieve, using the model of aggregate demand and aggregate supply. Was the policy effective to increase AD?

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Journal EntriesThe work in process account has the following information already posted for the three jobs from the first week of work:JOB 621 JOB 622 JOB 623MATERIALS $2800 $3400 $1800LABOR $2100 $2700 $1350APPLIED F.O. $1680 $2160 $1080__________________________________________________TOTAL $6580 $8260 $4230The following information is for the second week. Make all necessary entries.a. Materials purchased and received, $22,000, terms n/45.b. Materials requisitioned for production were $21,000. Of this amount $2400 were indirect and the rest was distributed as follows: JOB 621–$5300 JOB 622–$7400 JOB 623–$5900.c. $600 of materials were returned to the storeroom. $200 was indirect and $400 was from JOB 622.d. Materials returned to the vendor amounted to $800.e. Gross payroll for the week was $60,000. Federal income tax withheld was $7000. Union dues were $500. FICA was withheld at the rate of 7.65%.f.. The payroll was divided as follows:direct labor……………..55% {JOB 621–$6420, JOB 622–$8160, JOB 623–$18,420}indirect labor…………..20%marketing salaries…….10%admin. salaries…………15%g. Payroll taxes were recorded as follows: {13.85% is the total of the rates}fut………….. .8%sut………….. 5.4%fica………… 7.65%h. Factory overhead amounted to $5500. This included depreciation of $2000, $250 in expired insurance, and $3250 in unpaid bills. {hint…….no crediting expenses!}i. Factory overhead was applied at the rate of 80% of the direct labor charges of letter “f”. {don’t forget to do it by the job}.j. Jobs 621 and 622 were completed and transferred to finished goods. k. Both jobs were shipped and sold at a 40% profit {2 entries!}

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journal entry 

which transaction should i use?

Aloha company has bond worth $30,000 and the interest rate of the bond is 6%. Interest will be paid on December 1. The interest earned in August is $150 [($30,000 x 6%)/12 = $150). The company recorded this interest as a interest receivable.

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