opinion‚ why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them? In my opinion the reason for this is that accounting equations must always balance and the two sides must always be equal. Each transaction has a dual
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3 Adjusting Accounts and Preparing Financial Statements QUESTIONS 1. The cash basis of accounting reports revenues when cash is received while the accrual basis reports revenues when they are earned. The cash basis reports expenses when cash is paid while the accrual basis reports expenses when they are incurred (and matched with revenues they generated). 2. The accrual basis of accounting generally provides a better indication of company performance and financial condition than does
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Table of Contents Case 1 Introduction Jill’s business is expanding while the up going GST prevent her from gaining more profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising
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ĐỀ THI KIỂM TRA GIỮA KỲ Môn học: KẾ TOÁN QUẢN TRỊ (Managerial Accounting) Lớp: KT302DV01‚ HK10.1 Thời lượng: 6 0 phút (Không kể thời gian phát đề) Không được tham khảo tài liệu‚ Chỉ được sử dụng từ điển Anh – Việt‚ không sử dụng Kim từ điển Sinh viên làm bài trên đề thi Đề thi gồm 07 trang Họ tên sinh viên: …………………………………………………. Chữ ký và họ tên cán bộ coi thi 1 Chữ ký và họ tên cán bộ coi thi 2 Đ iểm thi Bằng số Đ iểm thi b ằng chữ ………………………………………………… MSSV: ………………………………………
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Question 1 The ethical guidelines which accountants are obliged to follow in the conduct of their work are made to combat criticism and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors
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Oxfam is an international confederation of 17 organizations working in approximately 90 countries worldwide to find solutions to poverty§ and related injustice§ around the world.[1] In all Oxfam’s actions‚ the ultimate goal is to enable people to exercise their rights and manage their own lives. Oxfam works directly with communities and seeks to influence the powerful‚ to ensure that poor people can improve their lives and livelihoods and have a say in decisions that affect them. Each organization
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TMC1414 Tutorial 2 1. What are the contents of following header files a. b. c. d. 2. Explain the basic data types used in c with their data range. 3. Identify the following identifiers are valid or invalid. If invalid explain why? (a) Date12/2/2012 (b) _net (c) $Twenty (d) false (e) 2Me 4. Identify and correct the errors in each of the following statements (Note: there may be more than one error per statement): a) scanf( "d"‚ value ); b) printf( "The product of %d and %d is %d"\n
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.... ..... New generation Today‚ banks claim themselves as new generation banks on the basis of certain services they render or the time period they have being formed or bought into existence. But‚ it should not be done so because‚ it totally depends on how they function‚ in terms of implementing strategies‚ creating and initiating new investment plans managing funds and non-performing assets‚ looking on to the way how their work force is recruited and retained by analysing their true caliber and
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Written Word Count (Excluding Tables & Charts): 1381 Masco is an American company founded in December of 1929. The company originally began as a manufacturer of machined automotive parts but over a 60 year period successfully grew into a company that sold a broad portfolio of Building and Home Improvement products‚ Oil-field and Related Products‚ and Transportation-related products. The company had a reputation for innovation and has developed of portfolio of successful brands. Decisions:
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Operating System Administration 2 CIT 0563 Problem Base Learning (Set 1) ) 1. Perform a SLES 10 installation • Boot from installation media Choose cd from folder then click “Next” Select the system language ( English us ) • Select the installation mode Select “New Installation” then “Next” • Set the clock and time zone Choose the region and time zone. • Understand and change the installation settings Choose “ Create Custom Partition Setup”
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