{"id":4097,"date":"2020-10-19T11:28:20","date_gmt":"2020-10-19T15:28:20","guid":{"rendered":"http:\/\/community.mis.temple.edu\/mis5121sec001fall17\/?p=4097"},"modified":"2018-12-07T12:12:07","modified_gmt":"2018-12-07T17:12:07","slug":"exercise-3-journal-entries-clarifications","status":"publish","type":"post","link":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/2020\/10\/19\/exercise-3-journal-entries-clarifications\/","title":{"rendered":"Exercise 3 (Journal Entries) Clarifications"},"content":{"rendered":"<p>As a result of some questions raised in class I have added some clarifying comments in the assignment. The comments are on page 9 in the previous events section. Note the changes in bold below.<\/p>\n<p>The updated Exercise 3 Guide is <a href=\"http:\/\/community.mis.temple.edu\/mis5121sec001fall17\/files\/2017\/10\/Ex-3-Journal-Entries-Guide.pdf\">here<\/a> and also posted on the assignment page.<\/p>\n<h2>Events of interest that Occured Previously (in Prior year if no year is listed)<\/h2>\n<p><strong>Date Description of Event<\/strong><\/p>\n<table style=\"height: 462px\" width=\"722\">\n<tbody>\n<tr>\n<td style=\"width: 38.859375px\"><\/td>\n<td style=\"width: 132.875px\">January 1, 2008<\/td>\n<td style=\"width: 528.28125px\">Production Machinery, Equipment and Fixtures were placed in service. They are expected to last 15 years with no salvage value.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.859375px\"><\/td>\n<td style=\"width: 132.875px\">July 30<\/td>\n<td style=\"width: 528.28125px\">Payment for GBIs advertisement in the English language edition of Italian Cycling Journal. Advertisement to run in six consecutive monthly publications starting in August. <strong>Assume this is the extent of GBIs prepaid advertising.<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.859375px\"><\/td>\n<td style=\"width: 132.875px\">December 22<\/td>\n<td style=\"width: 528.28125px\">Windy City Bikes in Chicago, IL invoicied $22,000 for bicycle accessories from GBI. The terms of payment for Windy Citys order are 2 \/ 20 net 60 days <strong>(in laymans terms this means 2% discount if paid in 20 days and net open receivable is due in 60 days)<\/strong>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>As a result of some questions raised in class I have added some clarifying comments in the assignment. The comments are on page 9 in the previous events section. Note the changes in bold below. The updated Exercise 3 Guide is here and also posted on the assignment page. Events of interest that Occured Previously [&hellip;]<\/p>\n","protected":false},"author":22812,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[87],"tags":[],"class_list":{"0":"post-4097","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-assignments","7":"entry"},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts\/4097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/users\/22812"}],"replies":[{"embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/comments?post=4097"}],"version-history":[{"count":1,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts\/4097\/revisions"}],"predecessor-version":[{"id":4914,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/posts\/4097\/revisions\/4914"}],"wp:attachment":[{"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/media?parent=4097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/categories?post=4097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/community.mis.temple.edu\/mis5121sec701fall2019\/wp-json\/wp\/v2\/tags?post=4097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}