Name: Learning Team Course: ACC/280 Date: P4-2A The adjusted trial balance columns of the worksheet for Porter Company are as follows. (a) Complete the worksheet by extending the balances to the financial statement columns. PORTER COMPANY Work Sheet (Partial) For the Year Ended December 31‚ 2008 Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit
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work of ACC 421 Week 3 Individual Assignments Solutions A comprises: EXERCISE 4-6 (30–40 minutes) EXERCISE 4-6 (Continued) EXERCISE 4-16 (30–35 minutes) EXERCISE 4-16 (Continued) EXERCISE 18-4 (20–25 minutes) EXERCISE 18-4 (Continued) EXERCISE 18-5 (10–15 minutes) Business - Accounting ACC 421 All Week 3 Assignments – Individual Assignment Includes: ACC 421 Week 3 Learning Team Assignment with 3 part excel spreadsheet included ACC 421 Week
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Acc 5 Computer Information System Brief Elliott Mathieson ACC/542 January 13‚ 2013 Willard Berry Computer Information System Brief Kudler’s Fine Foods is a small to medium size business that specializes in gourmet foods throughout the San Diego Metropolitan Area. To operate the business efficiently‚ Kudler uses Retail Enterprise Management System (REMS) to implement the necessary operating for all of the business the Kudler conducts. Like many small to medium size organizations entering
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Module 1– Case MGT 501 Management and Organization Behavior 14 January 2013 “Culture is defined as the collective mental programming of the human mind which distinguishes one group of people from another. Statements about culture do not describe “reality”; they are all general and relative”. So depending on the person‚ everyone see things in a different view. According to the case study the question is asked: How does culture and environment affect institutions and their management? I
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Checklist for Evaluating Internal Controls ACC 544 CHECKLIST FOR EVALUATING INTERNAL CONTROLS Introduction “In response to the number of major corporate accounting scandals rocking the financial world (e.g.‚ Enron‚ WorldCom‚ Xerox‚ KMart‚ etc.)‚ on July 30‚ 2002‚ Congress passed the most wide-sweeping financial reporting legislation since the 1930s (when it established the Securities and Exchange Commission). The Sarbanes-Oxley Act is intended to strengthen corporate
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In this file ACC 300 Week 5 Individual Assignment - Chapter Six you will find overview of the following parts: 1. Assignments from the Readings. Prepare responses to the following assignments from the e-text‚ Fundamentals of Financial Accounting 1st ed.‚ by Phillips‚ Libby‚ and Libby a. Chapter 6: Questions 2 and 3 2. Summarize the primary purposes of an internal control system. 3. What are the three internal control objectives for financial reporting? Business
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Sarbanes-Oxley Act of 2002 ACC 290 Sarbanes-Oxley Act of 2002 The Sarbanes-Oxley Act (SOX) originated on July 29‚ 2002 due to fraudulent bookkeeping practices and misleading financial reports from large corporations. These practices created a number of accounting scandals‚ which resulted in this in the government creating such an act. The purpose was to prevent and punish corporate corruption and‚ along the way‚ try to repair investor confidence. The law was passed by congress after well-known
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Financial Statement Differentiation Paper ACC/561 Financial Statement Differentiation Paper All owners and business managers need to have current financial information to take decisions on its future operations. The financial statements are the documents to be prepared by the company at the end of the accounting period in order to meet the financial and economic performance in the activities of his company over a period. Balance Sheet Goods and credit reports at a specific
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1.1 Review the range of groups and individuals whose communication needs must be addressed in own job role Being able to communicate effectively builds trust‚ respect‚ enhances learning and accomplishes goals. Within my job role the level of communication I have to uphold has to be one of massive importance. I have a role of great responsibility dealing with service users and their families or advocates‚ internal staff and external agencies. Therefore‚ my communication has to be clear and concise
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Individual Summary Question One ACC-290 March 3rd 2014 Individual Summary Question One It is commonly known that most commercial and general accounting principles use accrual based accounting over cash based accounting. Accrual based accounting is more advanced than cash based accounting so that is why most accountants chose this over the latter. Cash based accounting is when revenues are recognized when cash is received and when expenses are recognized when cash is paid. Cash based accounting
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