Mevelyn Ann McCloud

Mevelyn Ann McCloud

Published Work

Articles

Accounting Adjustments to a Balance Sheet for Issuing Warrants

Accounting for stock warrants can be complex. Warrants are certificates granting the holder the right to buy common shares at a certain price within a certain period. If the warrants are exercised they dilute the earnings per share of the common stock… More »

How to Compute an Income Statement From Closing Entries

The year-end closing is not difficult -- but it is time-consuming, tedious, and harried. Data must be gathered, compiled, and consolidated for preparing financial statements, income tax returns, and closing entries that will zero-out the temporary accounts… More »

Relationship Between Total Factory Overhead & Changes in Direct Labor Hours

Factory overhead and direct labor are manufacturing and manufacturing costs (direct materials + direct labor + manufacturing overhead). Stated succinctly, manufacturing is turning raw materials into a finished product that has value. The cost of such… More »

Additional Transactions After Year-end Fiscal Closing

Regardless of the size or type of business, the accounting cycle runs from transaction to financial statements. Each transaction is analyzed and entered into a journal. At the end of an interim period specified by the chief financial officer, the journals… More »

What Are the Mechanics Involved With Taking Back a Second Deed of Trust?

Deeds are written instruments by which land title is transferred for one person (grantor) to another (grantee). A deed of trust is a written security instrument holding interest in real property. Most lenders prefer deeds of trust because it is not necessary… More »

The Real You According to the Platinum Rule

Gaining Insight into Oneself Through Behavioral Self-assessment.… More »

And Who Do You Say I Am?

A case of mistaken identity.… More »

Education

Date Description
2009
University of Phoenix

Phoenix, AZ - Bachelor of Science in Business Accounting

1995
Mt. Hood Community College

Gresham, OR - Associate of Applied Science in Journalism Arts Technology

Areas of Expertise

  • Accounting
  • Caregiving