Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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A PROJECT ON MICRO CONTROLLER BASED VOLTAGE MEASUREMENT GROUP MEMBERS:-- Aniruddh Dey – 000611501010 Manoranjan Kumar Choudhary – 000611501017 Nilabh Gupta – 000611501022 Gaurav Bagla – 000611501028 Nilay Mitash – 000611501036 Power Engineering 4th Year Jadavpur University ACKNOWLEDGEMENT I would like to offer my sincere gratitude to Professor Gargi Konar‚ who has contributed to this project in a major way. I thank her for
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observed an activity level of 10‚000 units. During October‚ the activity level was 16‚000 units‚ and the total costs incurred were $150‚000. a. Calculate the variable costs‚ fixed costs‚ and mixed costs incurred during October. b. Use the high-low method to calculate the cost formula for mixed costs. c. If the activity level were expected to be 13‚800 units for the month of December‚ what amount of total costs would be expected? 42. Preppy Co. makes and sells a single product. The current
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Topsoil D.8 Alternative method of measurement Excavation D.9 Volume to be measure D.10 Depth classification D.11 Starting level D.12 Types of excavation Disposal of water D.15 Surface water D.16 Water in ground Disposal of excavated material D.17 Multipel handling D18 Disposal on site D.19 Disposal off site D.20 Topsoil spread on site D.21 Topsoil for re-use D.22 Topsoil removed from site Filling D.23 Classification for filling materials D. 24 Measurement D.25 Filling to excavation D.26 Filling
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to suppliers. Liability (D) Bonds payable. Liability (E) Amount earned from selling a product. Revenue (F) Cost of advertising. Expense Part 2 Ex 1-8 (A) An expression about whether financial statements conform with generally accepted accounting principles. – 8 Auditors opinion (B) A business that raised money by issuing shares of stock. – 1 Cooperation (C) The portion of stockholders’ equity that results from receiving cash from investors. – 6 Common Stock. (D) Obligations to suppliers
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significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte are General Government‚ Water and Sewer‚ Aviation‚ Charlotte area transit system‚ and Storm water. (Pages 1-12) 3) Review the Financial Section c) Did
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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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INTRODUCTION 1.1 Background of the Experiment Mass density describes how heavy an object is. Defined by the Greek letter ρ‚ read as rho‚ density is a basic yet important physical property of matter. For a bulk body without accounting its existing pores and voids‚ density is represented by the ratio of its mass and volume. It is given by the equation ρ= massvolume 1. The SI unit of density is kg/m3. However‚ its CGS units‚ g/cm3 or g/ mL‚ are the most commonly used ones in the laboratory. The
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Distribution using Chi Square test. 11. To learn the methodology of pictorial representation of experimental data and subsequent calculations for obtaining various measures of true value and the precision of measurement using Data acquisition system/ calculator. 12. Vibration measurement by Dual Trace Digital storage Oscilloscope. 13. To find out transmission losses by a given transmission line by applying capacitive /inductive load. 14. Process Simulator. Note: 1. At least ten experiments
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