ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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This was the paper I passed for the movie "The Emperor’s Club" for Teaching Professions class last semester. Haha! Enjoy? :))) Mr. William Hundert was a promising teacher who was quite possibly the next headmaster for St. Benedict’s School for boys. Mr. Hundert taught the classics and served as moderator for the yearly Mr. Julius Cesar competition. On the first day of class‚ he tells his students that “Great ambition without contribution is without significance‚” taking Shutruk Nakhunte’s life
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1. IntroductionPensonic Company Pensonic is one of the most successful trading companies in Penang‚ Malaysia that sells a wide variety of electrical appliances. In addition to its own brand “Pensonic”‚ the company also owns the German brand “Lebensstil Kollektion” and owns the sole-distribution rights for the Dutch brand “Princess” in Malaysia. Pensonic also established a mass production hub and international distribution network of electrical home mechanism and an international distribution network
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Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
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huge portion of what’s going to happen relies on the way we handle our present. Much of what our future brings depends on how much we let our past made an impact in our lives. To fully explain my point‚ let us examine the movie‚ “The Emperor’s Club”. It is a movie starring Kevin Kline as Professor William Hundert of St. Benedict’s School for Boys. It is a story about a dedicated Western Civilization teacher who has hoped that he could make a dent by imbibing his virtues and principles to his
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The Breakfast Club contained a wide variety of communication. Within this essay‚ the various types of communication and behaviors will be discussed. Key terms will be pointed out and highlighted‚ as well as described in relation to the examples extracted from the film. The character’s included: Brian (brain)‚ Andrew (athlete)‚ John Bender (criminal)‚ Claire (princess)‚ and Allison (basketcase). I will concentrate on two characters through out the film. The first character is John Bender (criminal)
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Objective 1. Determine the total considerations transferred. 2. The land and buildings should be recorded on the premise of “in-use” or “in-exchange”. 3. Determine the fair value recorded for the intangible assets. Applicable accounting pronouncement ASC 805-20-25 Business Combinations-Identifiable assets and liabilities and any non controlling interest-Recognition Recognition Conditions 25-2 To qualify for recognition as part of applying the acquisition method‚ the
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The Film I chose to watch for this assignment was Fight Club‚ directed by David Fincher. This film had many stylistic techniques that we discussed in class. When purchasing this video I was looking in the thriller section but eventually found it in drama. I thought this film was both a drama and a thriller. The outstanding cinematography and creative directive eye of David Fincher made this one of the best films I’ve seen in awhile. What David Fincher did that really made this film stand apart from
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UNDERGRADUATE PROGRAMME HANDBOOK 2014 – 2015 ACCOUNTING & FINANCE BSc Accounting (N400) BSc Accounting and Finance (N490) BSc Accounting and French (N410) BSc Accounting and German (N4R2) BSc Accounting and Spanish (N4R4) BSc (Econ) Accounting and Economics (Joint Honours) (LN14) BSc (Econ) Accounting and Management (Joint Honours) (NN24) BSc Finance and Management (NN23) INTERCALARY YEAR ©2014 Cardiff Business School Version control: v1.0: Initial version published to students CBS0422 Created
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ledger a.a chronological record of all transactionsb.the balance of each account in the chart of accountsc.budget records for each account in the chart of accountsd.subsidiary details supporting a control account 2. Which steps in the Financial Accounting Process are in the correct sequence based on closing the accounts and determining timing differences prior to issuing financial statements a.record the transaction‚ post to the ledger‚ prepare the adjusted trial balance‚ enter adjusting entries
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