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  • Accounting

    Accounting

    Case: Audit standards require that several levels of review occur. The senior accountants' review is required to ensure that the staff has performed the required audit procedures and that findings and conclusions are well documented. Managers and partners review at a higher level. Their intent is to ensure that GAAS

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    Essay Length: 387 Words / 2 Pages
    Submitted: October 9, 2013
  • Accounting

    Accounting

    Advanced Accounting 2 Hand-out Contingent Consideration 1. On January 1, 2015, the fair values of Pink Conrad’s net assets were as follows: Current assets P100,000 Equipment 150,000 Land 50,000 Buildings 300,000 Liabilities 80,000 On January 1, 2015, Blue George Co purchased the net assets of the Pink Conrad Co purchased

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    Essay Length: 1,132 Words / 5 Pages
    Submitted: March 14, 2017
  • Accounting 2

    Accounting 2

    Adjustments are important for several reasons which all have to do with profitability and liquidity. An adjustment entry affects the net income on an income statement and also affects the profitability comparison from one period to another. Adjustments also affect assets and liabilities on a balance sheet which gives valuable

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    Essay Length: 511 Words / 3 Pages
    Submitted: February 26, 2012
  • Accounting 291 Excersice Week Four

    Accounting 291 Excersice Week Four

    Exercise and problems-Week 4 Acc/291 Exercise E11-15 On October 31, the stockholders' equity section of Omar Company consists of common stock $600,000 and retained earnings $900,000. Omar is considering the following two courses of action: (1) declaring a 5% stock dividend on the 60,000, $10 par value shares outstanding, or

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    Essay Length: 2,403 Words / 10 Pages
    Submitted: September 4, 2011
  • Accounting 501 (mba) - Interpreting Financial Statements Report

    Accounting 501 (mba) - Interpreting Financial Statements Report

    EXECUTIVE SUMMARY In order to gain a better understanding of how to interpret financial statements as presented in ACCOUNTING 501, we analyzed select data, including Liquidity Ratios, Solvency Ratios, and profitability Ratios from the Coca-Cola Company and PepsiCo, Inc's 2009 financial statements. The report is divided into four parts. The

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    Essay Length: 2,823 Words / 12 Pages
    Submitted: August 7, 2011
  • Accounting 5135 Answer Sheet

    Accounting 5135 Answer Sheet

    Accounting 5135 Fall 2016 Naples ANSWER SHEET FINAL EXAMINATION MULTIPLE CHOICE (36 Points; 3 points each) 1. c. Rest are above-the-line deductions. 2. b. Only tuition payments (or medical payments) made directly to the educational institution (or hospital) are not considered gifts. The promise here cannot be considered a quid

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    Essay Length: 2,395 Words / 10 Pages
    Submitted: September 11, 2017
  • Accounting and Decision Making

    Accounting and Decision Making

    Financial accounting is a fundamental element of business. Every corporation need to do accounting everyday. It plays the role of analyzing business information of a company to its stakeholders, through the process of three activities, identification, recording and communication. Accountants select and record all economic transactions of companies. Those accounting

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    Essay Length: 439 Words / 2 Pages
    Submitted: April 28, 2013
  • Accounting and Ethics

    Accounting and Ethics

    Kristine A Skocich November 30, 2013 Financial Accounting Assignment # 7 Accounting and Ethics Accounting and financial professionals must obey the ethical standards that regulate the kind of business they conduct, and who they will serve. Ethical standards are determined by professional accounting and finance organizations and the Financial Accounting

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    Essay Length: 405 Words / 2 Pages
    Submitted: July 5, 2015
  • Accounting and Financial

    Accounting and Financial

    I'm a student in master of accounting and finacial managemnt in university of arizona, also i have a plan to seat for Certified public accountant exam in state of Arizona board of accountancy. Meanwhile i'm studing hard to get two more licenses to open up an insurance agency and open

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    Essay Length: 300 Words / 2 Pages
    Submitted: December 6, 2011
  • Accounting and Financial Management

    Accounting and Financial Management

    PART A Answer Question 1: 1. Gross profit ratio 2007: 16.96% Gross profit ratio 2008: 19.44% 2. Net profit ratio 2007: 1.6% Net profit ratio 2008: 2.08% 3. Working capital ratio 2007: 6.56:1 Working capital ratio 2008: 1.62:1 4. Quick asset ratio 2007: 2.08:1 Quick asset ratio 2008: 0.72: 1

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    Essay Length: 1,404 Words / 6 Pages
    Submitted: August 2, 2011
  • Accounting Assumptions

    Accounting Assumptions

    Since accountants needed more detailed guidelines to solve the practical problems, the FASB set forth operational guidelines to assist accountants. These guidelines are known as assumptions, principles and constraints. Assumptions are a way to show accountants a foundation for the accounting process. Some of the basic assumptions are things such

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    Essay Length: 472 Words / 2 Pages
    Submitted: March 3, 2013
  • Accounting Case

    Accounting Case

    1 Value of a firm without debt = 1.2 million / 11% Cash flow 1,200,000 Value of a firm without debt = 10,909,091 2 Cost of Equity 11% Cost of Debt 7% Tax Rate 35% Equity 8,909,091 Debt 2,000,000 WACC = 81.67% * 11% + (7%*0.65)* 18.33% WACC = 9.82%

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    Essay Length: 371 Words / 2 Pages
    Submitted: June 27, 2011
  • Accounting Case

    Accounting Case

    Parkview Landscaping Corporation Parkview Landscaping Corporation Parkview Landscaping Corporation Income Statement Statement of Retained Earnings Balance Sheet For the Month Ending July 31 For the Month Ending July 31 July 31 Revenues: Retained Earnings, July 1 Assets: Landscaping Revenue $5,344 Add: Net Income 2,144 Cash $21,356 Subtotal Prepaid Insurance 2,200

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    Essay Length: 288 Words / 2 Pages
    Submitted: September 27, 2011
  • Accounting Case

    Accounting Case

    i am ntu student. my major is accounting. i think this is a good website from me. i want to focus on financial accounting. accounting is a business language. i'll try my best to do research. i love all of my classmate now. i am happy to study in the

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    Essay Length: 298 Words / 2 Pages
    Submitted: April 15, 2012
  • Accounting Case

    Accounting Case

    14) When the effective-interest method of bond discount amortization is used A. the applicable interest rate used to compute interest expense is the prevailing market interest rate on the date of each interest payment date B. the carrying value of the bonds will decrease each period C. interest expense will

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    Essay Length: 403 Words / 2 Pages
    Submitted: September 12, 2012
  • Accounting Case

    Accounting Case

    The main purpose for this memo is to give an advice pertaining referent to the current business situation. Ms. Gonzalez, I am aware that you have expressed concern regarding the ability of the business to meet income tax obligation, because due to weather condition, the cost of acquiring produce to

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    Essay Length: 659 Words / 3 Pages
    Submitted: October 15, 2012
  • Accounting Case

    Accounting Case

    As a representative of my accounting firm, I want to thank you for allowing us to assist you with your concerns about internal control and security within your company. So I would like to start by making a few suggestions that will increase the protection against your company's assets. I

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    Essay Length: 993 Words / 4 Pages
    Submitted: January 17, 2013
  • Accounting Case

    Accounting Case

    Chapter 5 Questions 1. When recording a credit sale, what account do we debit? Describe where this account is reported in the financial statements. Accounts Receivable. It is reported in the balance sheet under current assets. 2. What is the difference between a trade receivable and a nontrade receivable? Trade

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    Essay Length: 1,109 Words / 5 Pages
    Submitted: October 20, 2013
  • Accounting Case

    Accounting Case

    After thirteen years of attending an all girls' catholic school, I became an expert on what it takes to wear plaid and the importance of serving in my community. Although I always appreciated my education, it was not until my plaid jumper became a skirt when I realized such a

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    Essay Length: 562 Words / 3 Pages
    Submitted: February 6, 2014
  • Accounting Case - Three Main Fraudulent Acts

    Accounting Case - Three Main Fraudulent Acts

    There are so many fraudulent acts that companies faced during the operations of the business. Most of these acts belong to the cash management and book keeping. Accounting is basically the art of recording transaction and during the recording of the transaction any wrong entry can pass which change the

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    Essay Length: 1,007 Words / 5 Pages
    Submitted: May 19, 2011
  • Accounting Case Analysis

    Accounting Case Analysis

    molex Case Analysis Case 1 1. Why do Molex have to hire an external auditor? 2. What factors do you think influenced management's decision not to raise the issue with the auditor's? 3. As a member of Molex's board, what would you do to respond to the auditors' request that

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    Essay Length: 271 Words / 2 Pages
    Submitted: September 21, 2011
  • Accounting Case Study

    Accounting Case Study

    Ayers The case study requested for ethical analysis revolves primarily around a work challenge faced by Oliver Bloom, who has just received a promotion to accounting manager at Dex Corporation’s headquarters in Raleigh, NC. Oliver was promoted to this position as part of his participation in the Leadership Development Program

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    Essay Length: 1,446 Words / 6 Pages
    Submitted: April 5, 2018
  • Accounting Case Study - Computation of the Following Journal Entries

    Accounting Case Study - Computation of the Following Journal Entries

    a. Record the transactions on the books of the Employees Retirement Fund. Solution: Computation of the Following Journal Entries Particulars Debits Credits 1) Cash A/c-----------------Dr $160,000 To Accrued Interest Receivable A/c $160,000 2) Cash A/c-----------------Dr $1,160,000 To Additions-Contributions-Plan Members A/c $460,000 To Additions-Contributions-Employer A/c $700,000 3) Deductions-Annuity Benefits A/c-----------------Dr $780,000

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    Essay Length: 786 Words / 4 Pages
    Submitted: September 4, 2012
  • Accounting Costing Valuation

    Accounting Costing Valuation

    Cost accounting systems provide managers with cost information about the products or services that their business sells. Traditional, or simple, cost systems have been used for the allocation of indirect costs and to calculate product pricing. This method is effective when a company offers a limited assortment of products, otherwise

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    Essay Length: 445 Words / 2 Pages
    Submitted: March 28, 2012
  • Accounting Decision Making

    Accounting Decision Making

    Detail Qantas Airways Limited (QAN) Telstra Corporation Limited (TLS) Products and Services This company involved in transportation which Qantas is Australia biggest domestic and international airline company. The business includes operational reliability, engineering and maintenance, customer service, and subsidiary business such as Qantas Holidays, Q catering, loyalty and lounges. (Qantas

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    Essay Length: 996 Words / 4 Pages
    Submitted: March 6, 2016
  • Accounting Essay

    Accounting Essay

    Quiz 2 1. Largo Inc. ended 20x5 by capitalizing interest of $32,000 on the construction of equipment for its own use. During 20x5 Largo also spent $560,000 on qualifying construction expenditures. The 12/31/x5 balance in construction in progress therefore is $592,000. In 20x6 Largo spent $420,000 more in qualifying construction

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    Essay Length: 484 Words / 2 Pages
    Submitted: September 23, 2015
  • Accounting for Planning and Control

    Accounting for Planning and Control

    Name: rc Professor's name: Dr. Wright Course: AF 211 Accounting for Planning and Control Managers in making investment decisions are faced with the problem of limited resources. This, therefore, necessitates an understanding of the topic of capital budgeting. Capital budgeting is the process of determining and pursuing investments which cash

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    Essay Length: 916 Words / 4 Pages
    Submitted: April 28, 2013
  • Accounting Ford Motor Company

    Accounting Ford Motor Company

    Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support. Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook

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    Essay Length: 2,171 Words / 9 Pages
    Submitted: January 10, 2013
  • Accounting Fundamentals

    Accounting Fundamentals

    BA BUSINESS PORTFOLIO Year 1 ACCOUNTING FUNDAMENTALS Resit Assignment 1 Donald Smith is a retailer of photocopiers. He prepares accounts to 31 December 2010. At 1 January 2010 the balances on his nominal ledger accounts were as follows: £ Capital 11,600 Bank 4,000 Cash 100 Motor Vehicles - Cost 20,000

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    Essay Length: 1,759 Words / 8 Pages
    Submitted: August 30, 2011
  • Accounting Homework Help

    Accounting Homework Help

    In the table below are given the output (X), T.C., and Price for a firm. Complete the following table, and then answer the questions at the bottom of the table. X T.C P = A.R. = 52 T.R A.T.C. M.C. M.R. Profit (+) or Loss (-) amount 0 72 1

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    Essay Length: 365 Words / 2 Pages
    Submitted: March 22, 2012

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