Intermediate Accounting I (a) The president of Gonzales‚ Inc. used his expense account to purchase a new Suburban solely for personal use. Miscellaneous Expense 29‚000 Cash 29‚000 This in inappropriate based on the economic entity assumption. Economic Entity Assumption states that the economic activity can be identified with a particular unit of accountability. In other words‚ a company keeps its activity
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Food Holdings Berhad based on the company annual report 2010 and 2011. Lastly‚ we had learned the ways to obtain and analyse the annual report of a company. 1.Types of inventories of Apollo Food Holding Berhad There have many products in Apollo Food Holdings Berhad ‚ like chocolate wafer ‚ layer cake ‚ chocolate layer cake ‚ swiss roll ‚ biscuits and so on. We choose chocolate layer cake as our main product that we want to introduce. 1.1. Raw materials Sugar ‚ wheat flour ‚ eggs ‚ vegetable
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The Importance of Accounting Theory to the Field Of Accounting The objective of theory is to explain and predict. One of the basic goals of the theory of a particular discipline is to have a well-defined body of knowledge that has been systematically accumulated‚ organized‚ and verified well enough to provide a frame of reference for future actions. The Webster’s definition of theory is the systematically organized knowledge‚ applicable in a relatively wide variety of circumstances‚ a system
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5 Tutors Helen Parker Alexander Munro Bozena Pieniazek Lisa McCullough Alvin Valdez Annie Klein Wen Nian Serge Putilin (Senior Tutor) Luke Turner 6 2 3/3/2014 The ‘Zen’ Questions - Who am I? - Why are we here? - What’s it all about? Curriculum Overview 9 3 3/3/2014 The ‘Professional You’ at work • • • • Think Feel Believe Behave/Act ‘You in relationship’ • Leadership • Teams and teamworking The External World •
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theory of accounting. There are a number of accounting theories (though a systematic attempt has been made by Financial Accounting Board (FASB) of USA and IASC and other to formulate a comprehensive theory of accounting). The definition of Accounting Theory given by Hendriksen as “a set of broad principles that (i) provide a general frame of reference by which accounting practice can be evaluated‚ and (ii) guide the development of new practices and procedures” lead us to perceive accounting theory as
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Statement Not this time! The White House officially responded to a petition that asked for Justin Bieber’s deportation on Friday‚ April 18‚ ultimately siding with the 20-year-old entertainer. PHOTOS: Justin’s biggest scandals "Sorry to disappoint‚ but we won’t be commenting on this one‚" the statement read. "We’ll leave it to others to comment on Mr. Bieber’s case‚ but we’re glad you care about immigration issues. Because our current system is broken. Too many employers game the system by hiring undocumented
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The Rich Keep Getting Richer Robert B. Reich was born in 1946 and is a Professor‚ activist‚ politician‚ and an author. He graduated from Yale Law School‚ John F. Kennedy Government School‚ and was a Rhodes scholar studying at Oxford University. Reich served as secretary of labor in the first Clinton administration and has a reputation of being a "conciliator‚ who can see opposite sides" to every question and solve them (Jacobus‚ 287). He has written many books‚ such as the Next American Frontier
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Ways to keep your neighborhood clean and green Good morning to….Today‚ I would like to talk about “Ways to keep your neighborhood clean and green”. It is important to keep our neighborhood clean and green. There are many ways to do this but they need to be done correctly. Some jobs we can do are to make sure we clean up our garbage and recycle items around the house. I love my community and I do not like to see it littered and dirty. We need to do our best to keep our community looking clean. Everyday
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Chapter 29: Code of professional conduct * What guidance is provided to help AICPA members follow the Code Of Professional Conduct? Provides general guidance on professional responsibilities‚ the public interest‚ integrity‚ objectivity and independence‚ due care‚ and the scope and nature of services without establishing specific standards. Nevertheless‚ every practitioner should read them. An understanding of the difference between independence and objectivity is important particularly
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Magnitogorsk Technical State University Foreign Languages Department № 2 Report: «The History of Accounting» Done: Izhevsky V. Checked: Gamper E.E. Magnitogorsk 2011 Contents - Introduction -- 1. What Is Accounting -- 2. History --- 2.1. Ancient Accounting --- 2.2. Accounting In Mesopotamia --- 2.3. Accounting In Ancient Egypt‚ China‚ Greece and Rome --- 2.4. Medieval Accounting --- 2.5. Italian Renaissance: Birth of Double Entry Bookkeeping ---- 2.5.1. Luca Pacioli Biography
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