The Effects of Technology on the Accounting Profession ACC340 / February 16‚ 2015 There are several advancements in technology that has allowed companies from all different sizes to keep accurate financial data and records as well as decrease or as far as eliminate paper records. Technology has really advanced the accounting field by allowing the ability to process and interpret financial information more effective and efficient. Since technology has advanced with the introduction to the internet
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Kaplan University AC113-01 UNIT 1 ASSIGNMENT My current networking strategies are different in comparison to my past networking strategies. Over the years I have realized how important networking is and that it is something that you must tend to over time in order to reap benefits from it in the future. After all‚ the United States Bureau of Labor of Statistics stated that 70% of jobs are obtained through networking (Caullay). In the past I used to only have friends‚ family members‚ and
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AC552 Week 5 Homework Please complete the below problems and submit your answers in the Week 1 Dropbox. See "Syllabus/Due Dates for Assignments & Exams" for due date information. 1. You are on a tight budget and need to decide between the following 3 texting plans: Plan A: Pay $0.10 per text Plan B: Pay a fixed monthly fee of $15 for up to 500 texts per month and $0.08 for each text over the 500. Plan C: Pay a fixed monthly fee of $25 for up to 1‚000 texts per month and $0.05 for each text
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1. Cash equivalents are short term investments that are converted into cash. Examples include money market funds‚ U.S. Treasury bills‚ and high-grade commercial paper. These items are combined with cash for the purpose of a balance sheet because cash equivalents are so similar to cash that they are combined. The cash equivalents are very safe‚ have a market value‚ and mature in 90 days of the date of acquisition. If they do not meet these requirements‚ they are to be listed as Marketable Securities
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$1‚687‚000 Deduct: Cash dividends $185‚000 Stock dividend 240‚000 425‚000 Retained earnings unappropriated‚ December 31‚ 2011 $1‚262‚000 1. On January 2‚ 2011 short-term investments (classified as available-for-sale) costing $121‚000 were sold for $155‚000. 2. The company paid a cash dividend on February 1‚ 2011. 3. Accounts receivable of $16‚200 and $19‚400 were considered uncollectible and written off in 2011 and 2010‚ respectively. 4. Major repairs of $33‚000 to the
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Chapter 1 CA 1-1 · GAAP is the term used to indicate the whole body of FASB authoritative literature. True · Any company claiming compliance with GAAP must comply with most standards and interpretations but does have to follow the disclosure requirements. False This statement is false because the companies they not only have to comply with most GAAP standards and interpretations but also have to follow the disclosure requirements. · The primary governmental body that has influence over
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484.38 10/ 1 $9‚875.31 18 708.62 24 921.30 843.86 10/ 8 $9‚219.03 19 157.00 25 246.03 941.54 10/23 $9‚541.58 21 234.15 25.00 SC 808.58 10/29 $10‚101.01 240.00 NSF 1‚100.00 CM 10/31 $10‚951.01 ———————————————————————————————————————— Symbols: NSF (Not sufficient funds) SC (Service charge) CM (Credit Memo) ———————————————————————————————————————— Check No. 18 was correctly written for $708.62 for a payment on account. The NSF check was from S. King‚ a customer
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Accounting 221 Exam 1 -- Fall 2003 Multiple Choice (10 points). Select the correct answer for each of the following multiple choice questions. 1. Assets may best be defined as: a. Economic resources invested by the owners of a business. b. Tangible economic resources of value. c. Economic resources invested by the creditors of a business. d. Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. e. Probable future economic
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Table of Contents 1. Pro forma Cash Receipt 1 2. Company’s Cheque to Supplier 3 3. Power Point Presentation 5 4. Purchase Order Form 8 5. Delivery Note 10 6. Sales Invoice 12 7. Credit Note 14 8. Statement of Account and Remittance Advice 16 References 21 1. Pro forma Cash Receipt You are to prepare pro forma cash receipt for use in the company’s shops. Pick a sample transaction and show the VAT element separately. Placebo Ltd Fountain House London N1 Cash Receipt #: 123456790 Date: /
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good researching on the inventories process‚ valuation and understanding about the Apollo 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
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