Question Details

ACC 291 Week 1 Assignment WileyPLUS Assignment: 

Resource: WileyPLUS
Click Assignment: Week 1 Assignment within WileyPLUS to complete the following exercises: 
•	Exercise 8-4
•	Exercise 8-11
•	BYP 8-1
•	BYP 8-2
Click the Assignment Files tab to submit your Microsoft® Excel® spreadsheet showing your work.
Note: Grades for WileyPLUS assignments will not appear in the Classroom gradebook area or show as completed until after the instructor has reviewed the content in WileyPLUS and added it to the student's Gradebook in the Classroom as the two gradebooks are not linked.  In addition, if, for some reason you need your assignment reset, please contact your instructor who can reset it at their discretion.
Exercise 8-4
The ledger of Wainwright Company at the end of the current year shows Accounts Receivable $86,000; Credit Sales $933,000; and Sales Returns and Allowances $50,200. 
Exercise 8-11
Suppose the following information was taken from the 2014 financial statements of FedEx Corporation, a major global transportation/delivery company.