Paul Allen co-founded the Microsoft Corporation with Bill Gates (1955- ) ‚ adapting existing programming languages such as BASIC‚ which was originally written for mainframe computers‚ into software suitable for personal computers. Such innovations enabled the software industry to become established and expand as a viable business‚ strengthening the American economy and creating new groups of computer entrepreneurs and users. As personal computers became more affordable and accessible during the 1980s
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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
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The early 20th century in France was a cultural moment which artists and aesthetic sensibilities influenced each other‚ especially in costume. The French couturier‚ Paul Poiret (1879-1944)‚ born in Paris to a cloth merchant had the good fortune of being immersed in the traditions of the French couture. As a young boy‚ Poiret was fascinated with color‚ design‚ and fabric. He experimented with scraps of fabric on a wooden mannequin during the first job for an umbrella maker. His first break came when
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usefulness 2 2‚ Task two 6 The role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure. 6 3‚ The advantages and disadvantages of introducing an Activity Based Costing system to replace the current Absorption Costing system. 8 Conclusion 12 Reference lists 13 Bibliography 14 Introduction Manac plc is a large
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3.Segregatin of functions 3. C 4.Cancellation of documents C 5.Prenumbering of documents for accounting sequences C 6.Internal verification of documents C C C C C 7.Chart accounts C 8.Processing for procedures C 9.Monthly reconciliation of Accounts Payable Master file with the general ledger C Deficiencies* 1. 2. 3.
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Each operating entity (Georgia‚ Michigan‚ California‚ and China) each have their own Finance & Accounting Systems and they provide input that is consolidated at Corporate. The basic components of each system are as follows: general ledger‚ accounts payable‚ accounts receivable‚ order entry‚ procurement‚ sales and purchasing history‚ invoicing and shipping‚ payroll‚ financial reporting‚ EDI*‚ bar code reading*‚ EDSS (Executive Decision Support System)* *San Jose Only During the due diligence
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Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
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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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Paul McCartney was born June 18‚ 1942‚ in Liverpool‚ England. His work with the Beatles in the 1960s helped lift popular music from its origins in the entertainment business and transform it into a creative‚ highly commercial art form. He is also one of the most popular solo performers of all time in terms of both sales of his recordings and attendance at his concerts. Paul McCartney began his lifelong love affair with music at an early age. Although he took formal music lessons as a boy‚ the future
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The following report is phase 3 of the Tanglewood recruitment process consultation. The following report has six sections the first of which is a recruitment guide for store associates this can also be used as a template for other roles at Tanglewood. It also includes an analysis of methods of Tanglewood’s recruitment and acknowledges them as either open or targeted recruitment strategies. The next section includes an analysis of appendix B in the Tanglewood case book. The report also addresses
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