8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
Premium Generally Accepted Accounting Principles Balance sheet Asset
Chapter 14: Signal Transduction Mechanisms: Messengers and Receptors Signal Transduction Mechanisms: II. Messengers and Receptors In the second major means of intercellular communication the signal is transmitted by regulatory chemical messengers Receptors are located on receiving cells that can be quite distant from the secreting cell Chemical Signals and Cellular Receptors Cells produce signals‚ in some cases by displaying molecules on their surfaces or by releasing a chemical signal Multicellular
Premium Signal transduction
FASB Codification Case #1 Treasury Stock Paragraph 505-30-30-3 considers that “. If the purchase of treasury shares includes the receipt of stated or unstated rights‚ privileges‚ or agreements in addition to the capital stock‚ only the amount representing the fair value of the treasury shares at the date the major terms of the agreement to purchase the shares are reached shall be accounted for as the cost of the shares acquired”‚ and further the section mentions that “the price paid in excess
Premium Stock market Generally Accepted Accounting Principles Stock
STUDY GUIDE ANSWERS The Earth’s History Section 14-2 REVIEW VOCABULARY REVIEW radioactive isotope is an isotope whose nucleus tends to release particles‚ radiant energy‚ or both; radioactive dating is a technique for determining the age of a material by measuring the amount of a particular radioactive isotope the material contains. radioactive decay is the release of particles‚ radiant energy‚ or both by a radioactive isotope half-life is the time it takes for one-half of any size
Premium Radioactive decay Chemical element Isotope
to clarify confusion that may occur in an equation that has multiple different operations. This rule of Order of Operations states we must solve a complex equation by complete the operations in this order: Parenthesis‚ Exponents‚ Multiplication‚ Division‚ Addition‚ and Subtraction. We can remember this by this mnemonic: Pink‚ Eyes‚ May‚ Doubt‚ Anyone’s‚ Style. *** This will happen if we take this equation and NOT follow the Order of Operation*** 4+ 2 x 3 = If I did not know the “rule” I would
Premium Integer Real number Management
Chapter 14 Student: ___________________________________________________________________________ 1. Proctor and Gamble was able to get Joy into Japanese homes through all of the following except A. product formula targeted at the unmet needs of the consumers. B. significantly low price to drive the competitors out. C. compelling advertising campaigns. D. packaging that appealed to retailers. E. None of these answers is correct 2. A(n) _____________ marketing strategy that views the world’s consumers
Premium Marketing
COURSE ACCOUNTING IA CODE CAC 1107 AIM The purpose of the course is to provide an understanding of the basic concepts and techniques of accounting and their application to business management. The course covers the accounting cycle and assumes no prior knowledge of accounting. The course is intended for those who will use accounting information as managers rather than those who will prepare it as accountants. In appreciation of the question of the semantic value of accounting information
Premium Management Accountancy Business
1. IntroductionPensonic Company Pensonic is one of the most successful trading companies in Penang‚ Malaysia that sells a wide variety of electrical appliances. In addition to its own brand “Pensonic”‚ the company also owns the German brand “Lebensstil Kollektion” and owns the sole-distribution rights for the Dutch brand “Princess” in Malaysia. Pensonic also established a mass production hub and international distribution network of electrical home mechanism and an international distribution network
Premium Balance sheet Accounts receivable Inventory
CHAPTER 22 Multiple Choice 22-1: b. (P500‚000 – P300‚000) 22-2: d. The total tuition fees for educational and general purposes. 22-3: d. (P1‚240‚000 – P160‚000) 22-4: a. Unrestricted cash contribution received from donors are to be reported as increase in net cash provided by operation. 22-5: d. The remaining contribution of P5‚000 on December 31‚ 2004. 22-6: b. Unregistered pledges from donors are treated as revenues at the time of the pledge. 22-7:
Premium Generally Accepted Accounting Principles Revenue Balance sheet
Candidate Name…Shelley Daly…………………………. Reg. No.:…………. ………. Use this form to record details of activities (tick as appropriate) Observed by your assessor Oral questions Seen by an expert witness written questions Seen by witness Candidate statement Self reflective account Observation of work products CU311 1.1 1.2
Premium Hygiene