100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

Presented below is information related to Baskins

Presented below is information related to Baskins Corporation for its fiscal year ending June 30, 2016. During the year, the Board of Directors decided to discontinue the operations of its entire Robbins division because the employees kept eating the inventory and retain its Chocolate manufacturing operations. In November 2015, Baskins sold the Robbins operations to Braum’s Company. The following amounts were taken from Robbin’s general ledger:Administrative expenses $ 70,000Cost of goods sold 1,200,000Depreciation expense omitted in 2014 105,000Dividends declared 120,000Gain from disposal of Robbins division 300,000Gain on sale of investments 30,000Interest expense 45,000Interest revenue 20,000Loss from operations of Robbins division 240,000Retained earnings, July 1, 2015 740,000Sales 2,000,000Sales returns 50,000Selling expenses 95,000Unrealized gain on available-for-sale securities 220,000Write-off of inventory due to obsolescence (I would have eaten it!) 75,000Additional information:All amounts are before tax. Assume a 30% tax rate when calculating income taxes. This includes items such as ordinary income, discontinued operations, other comprehensive income and prior period adjustments if applicable.There are 200,000 shares of common stock outstanding for the Earnings per share (EPS) disclosure. All EPS amounts should be rounded to pennies.INSTRUCTIONS: Use appropriate headings on all financial statementsPrepare an Income Statement (multi-step of course) for the year ended June 30, 2016.Prepare a separate Statement of Comprehensive Income for the year ended June 30, 2016Prepare a Statement of Retained Earnings for the year ended June 30, 2016.Your work should be professional as if you were presenting these financial statements to a client. For example, (1) no abbreviations, (2) use dollar signs, underlines and double underlines appropriately, (3) use commas for amounts greater than $999 and (4) use appropriate headings.

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Instant Quote

Instant Quote
Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Total Cost: NaN

Get 10% Off on your 1st order!