ACCRUAL BASIS OF ACCOUNTING Accrual accounting records the effect of a business transaction as it occurs. When the business performs a service‚ makes a sale‚ or incurs an expense‚ the accountant records the transaction even if it receives or pays no cash. Net income from this activity equals the amount of cash received from customers minus the amount of cash paid for raw materials‚ labor‚ and the services of production facilities. If the entire operating cycle occurred in one accounting period
Premium Generally Accepted Accounting Principles Income statement Revenue
WWI was an inevitable war. Imperialistic and Nationalistic tension‚ alliances between European countries‚ and the conflict between the Austro-Hungarian Empire and Serbia contributed to the inevitability of WWI. To begin with‚ imperialistic and nationalistic tension existed between the European powers. This tension was only heightened during the second half of the 19th century‚ largely due to the "scramble for Africa". As many explorers began to realize the economic potential of the African interior
Premium Africa Colonialism British Empire
The gilded age was a time after the American Civil War and it sprung an economic power house. The development of factories which were built by the union to defeat the confederacy remained open and were not shut down they were remodeled and converted into peacetime purposes. Even though big industries existed before the war the most significant portion of economy which was agriculture was what represented American economy the most. Following the war the production of
Premium United States Andrew Carnegie John D. Rockefeller
during his imprisonment Francis was alone in his cave and found it difficult to pray; it has been discussed from earlier sources that he would often cry because he was so fearful of what would happen to him. What is more‚ I was shocked to learn that Peter brought criminal charges onto Francis for being rebellious‚ public humiliation‚ and theft-these offenses during this time period resulted in either imprisonment or banishment (Chap.5‚ p.52). Moreover‚ Peter restated his case against his son which
Premium Jesus New Testament Christianity
Deep Water 1. What is the ‘misadventure’ that William Douglas speaks about? William Douglas speaks about the ‘misadventure’ that when he was ten or eleven years old‚ a bruiser of a boy tossed him into the deep end of the YMCA pool. He was almost drowned but later luckily saved. After that incident he had the fear of water haunting his mind. 2. What were the series of emotions and fears that Douglas experienced when he was thrown into the pool? What plans did he make to come to the
Premium Christopher Columbus Indigenous peoples of the Americas European colonization of the Americas
of wartime deaths. After the attack on Pearl Harbor by Japan on December 7‚ 1941‚ it became clear that a mass amount of penicillin needed to be produced in order to win the war. The U.S. was able to produce 2.3 million portions of penicillin in order to prepare for the D-Day invasion of Normandy. Penicillin soon was known as the “miracle drug” of the war‚ curing diseases and saving the lives of millions. The discovery of penicillin changed the lives of everyone on the globe‚ but it also changed the
Premium Bacteria Penicillin Antibiotic
the only nations who gave women the right to vote. Yet in Australia‚ women still received a wage 54 present lower than a male would get. Their role was still seen to be in the home‚ performing domestic worker and raising the children. From the outset‚ women were keen to be as actively involved in the war effort as men. Women applied to work in what were considered traditional women’s role‚ such as cooks and clerk‚ so that the men could be free to go and fight. However‚ the government still discouraged
Premium World War II Military Gender role
Medeles 1 Josh Medeles Professor Musgrave History 130 11/21/14 Augustine Paper The Confessions is an autobiography of a spiritual character and it covers 35 years of St. Augustine’s life. It describes in detail his spiritual development and conversion to Christianity. This work is rather controversial and leaves many questionable thoughts on religion and philosophy after the reading. It is full of the religious debates over the topic of human pleasure. An attentive reader may face a question: did Augustine
Premium Augustine of Hippo Jesus God
Aerielle Atkinson Professor History 1301 23 February 2017 The Louisiana Purchase In 1803‚ Thomas Jefferson‚ was able to effectively double the United States Territory with a single purchase from France. These approximately 827‚000 square miles of land‚ which would later go on to become different parts of 15 states‚ have come to be known as one of the greatest achievements of Thomas Jefferson’s presidency: The Louisiana Purchase. After explorations lasting from the beginning of the 17th century to
Premium United States Louisiana Purchase Thomas Jefferson
Cold War Essay What do you think the Cold War is/was? Was it a war between communism and democracy? Well the Cold War was a war between the United States and the Soviet Union‚ the Soviet Union wanted to spread communism while the United States wanted to spread democracy. The Cold War was called Cold because there was not direct fighting between the two countries the Soviet Union and the United States. The two countries only fought proxy wars against each other‚ the definition for a proxy war
Premium World War II Cold War Soviet Union