Exercises and Problems XACC/291 Principles of Accounting II Week 2 February 8‚ 2015 Exercise E9-1 The following expenditures relating to plant assets were made by Spaulding Company during the first 2 months of 2011 (determine cost of the plant acquisitions). 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery
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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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reasonably relied on the promise of another may be able to obtain some measure of recovery. Requirements to make a claim 1. Must be a clear and definite promise 2. The promisor should have expected that the promisee would rely on the promise 3. Promisee reasonably relied on the promise by acting or refraining from some act 4. Promisee reliance was definite and resulted in harm or damage 5. Enforcement of the promise is necessary to avoid lack of fairness Chapter 13 Minors Age
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Accounting for the iPhone at Apple‚ Inc. (HBS 9-111-003) 1. Exhibit 3 provides the journal entries under subscription accounting. Refer to the example in Exhibit 3. a) Complete the following FSET assuming the Apple follows subscription accounting to account for iPhone’s sales revenue (separately for the transaction in Quarter 1 and in Quarters 2 to 8). Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets - = Liabilities + Contrib. Capital + Earned Capital Revenues
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cable. Problem: must be within 3 miles of the DSL service provider’s facilities. The further the slower. Broadband: faster! 200kbps but more expensive Cable: offered by cable TV provider and uses the same wires to carry both signals. Faster than DSL and broadband. Problem: share cable along with broadband with neighbors. Fiber-to-the-home: “fiber-to-the-premises” FASTEST 300kbps. MORE EXPENSIVE. Internet and phone and TV carried over a fiber optic cable i.e. Verizon‚ Google Fiber. Problem: requires
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Kristine Boncales Mgt Info Systems BUS353350 Morphew November 4‚ 2013 Individual Case Study Three 1. This case implies that the frequent acquisition and disposition of tourism brands poses problems for information systems. I believe these problems include the information systems being a type of pre-internet‚ e-commerce‚ web 2.0 and enterprise 2.0 which are inter-organizational information systems. THL uses five components of an information which include SharePoint‚ Microsoft Office SharpPoint
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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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Case 8-28. Evaluating a Company’s Budget Procedures. 1. Identify the problems that exist in Ferguson & Sons Manufacturing Company’s budgetary control system and explain how the problems are likely to reduce the effectiveness of the system. The overall company’s strategy is not well defined by executives and communicated to the management. There is no goal other the cost reduction at total company level as well as at departmental level. Managers don’t see connection between expenses‚ revenues
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Memic_________________ Directions: Complete the questions below by referring to the corresponding information or websites located above each question set (A-C). Answer the questions electronically in RED text or hand write the answers‚ scan the document‚ and upload it in this assignment box. A. Watch this 8 minute video clip about demand and answer the questions below: http://www.youtube.com/watch?v=lmr4-ocHjLA 1. Why is calculating elasticity important for businesses? - companies use it just how elastic
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Child Development CHAPTER 8 WHAT HAVE YOU LEARNED? Body Changes 1. The study of human development is a science because it depends on theories‚ data‚ analysis‚ critical thinking‚ and sound methodology just like every other science. 2. The five steps of the scientific method are: 1) begin with curiosity 2) develop a hypothesis 3) test the hypothesis 4) draw conclusions 5) report the results. 3. The research on SIDS illustrates the replication and application
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