Question 1 Use the data below to answer Parts (a) through (c). Show all calculations in your solutions. On January 1‚ 20X2‚ Haika Inc. purchased 60% of the outstanding voting shares of Selina Co. for $3‚000‚000. On that date‚ Selina’s shareholders’ equity consisted of retained earnings of $2‚000‚000 and ordinary shares of $1‚000‚000. Selina’s identifiable assets and liabilities had fair values that were equal to their carrying values on January 1‚ 20X2‚ except for the following: | Fair value
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It proclaimed to all blacks that enlisted into the Union army‚ that after a contract of service‚ that they would be considered free men and considered citizens. The text list that I compiled is full of primary sources‚ artwork‚ books‚ and websites that tackle this dominant theme of the Civil War: Blacks and Emancipation. These texts cover the relationship between emancipation and the historical significance of black soldiers. I chose this theme to be used within an eleventh grade history classroom
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`Accounting 6135‚ Advanced Accounting Theory Arthur G. Hendricks‚ Ph.D.‚ CPA professor BU 410 Thursday 7:10 PM to 10:00 PM Required Texts 1. Scott‚ W.R.‚ Financial Accounting Theory‚ 5th edition‚ Prentice Hall (Pearson Education Canada‚ Ltd) 2009 (ISBN 978-0-13-207286-1) 2 Concepts Statement #7‚ Using Cash Flow Information and Present Value in Accounting Measurements‚ FASB‚ February 2000. 3. Optional; The Wall Street Journal. You are expected to read the financial pages of the news media
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ACCOUNTING AND THE BUSINESS ENVIRONMENT Chapter 1A Class Preparation Assignment (Rev 1-08) Checklist: __x____ I have obtained a copy of the textbook from the LLC & then purchased the Course Outline for BUACT- 206 (Bookstore) for use everyday in class. __x____ I read Chapter 1 in text‚ and found it to be a fulfilling experience. __x_ __ I reviewed the outline for Chapter 1 __x____ I know the Accounting Equation __x____ I understand how to analyze a transaction. __x____ I know
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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(a) Briefly explain what prompted some countries over the world to strongly advocate harmonization of accounting. The important reasons which necessitate harmonization of accounting practices are well contained in the observation made by Saudagaran. “While the initial efforts at harmonization were mainly championed by political bodies and professional accounting organizations‚ current pressures to harmonize are driven by investor groups who use financial statements‚ multinational companies which
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INTRODUCTION TO ACCOUNTING ACNT 1303 Lecture Notes GENERAL INFORMATION FOR COMPLETING THE CLASS The following is a summary of the twelve chapters that you will be completing this semester. Be sure that you are taking the time to read and STUDY each chapter. It is important to go through each of the examples in the book and to complete the Review Quiz. Spending time reading and understanding before you start the homework assignment will help you to complete in the exercises and case problems with
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Sustainability‚ in a broad sense‚ is the capacity of maintaining a certain process or state. It is now most frequently used in connection with biological and human systems. In an ecological context‚ sustainability can be defined as the ability of an ecosystem to maintain ecological processes‚ functions‚ biodiversity and productivity into the future. Sustainability has become a complex term that can be applied to almost every facet of life on Earth‚ particularly the many different levels of biological
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LaDarius Brown 12-2-13 1. The Hurrian songs are a collection of music inscribed in cuneiform on clay tablets excavated from the Hurrian city of Ugarit which date to approximately 1400 BCE.It is important because it helps old people out. 2. The Natya Shastra is an ancient Indian treatise on the performing arts‚ encompassing theatre‚ dance and music. It was written during the period between 200 BCE and 200 CE in classical India and is traditionally attributed to the Sage Bharata. The Natya Shastra
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TEXTBOOKS English 1101 BNDL: ACP SSC - WADSWORTH BRIEF HANDBOOK Author: Kirszner Edition: 7th Copyright: 2012 Publisher: Cengage Learning ISBN: 9781285152332 New: $69.50 Used: $52.25 New Rental: N/A Used Rental: N/A Required They Say/I Say w/Rdgs Author: Graff Edition: 2nd Copyright: 2012 Publisher: W. W. Norton & Company‚ Inc... ISBN: 9780393912753 New: $56.00 Used: $42.00 New Rental: $36.40 Used Rental: $26.88 Required Trigonometry Algebra & Trigometry (SSM)
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