Given the amount borrowed, months on note, and discount rate they ask you to prepare the necessary journal entries.

Given a note issuance they ask you to determine the interest expense that would be present at different year-ends.

Given the cash received towards a sale… find the journal entries for the two different days.

Given the amount of gift cards sold and the days they were redeemed… find how much gift card revenue should be recognized with the sale.

Given the credit sale, state, and local tax rate… prepare for the journal entry.

They give you the warranty period, the percent of sales the warranty costs, the sales, and warranty expenditures and ask you to fill out a T-account to calculate the ending balance.