Stockholder’s Equity J. Preston‚ Capital $65000 Total Stockholders’ equity $65000 Total Liabilities and equity $106000 4. Basic transaction processing Assets Liabilities Stockholder’s Equity Description Cash A/R Office /F Van Acct/Payable CS/ Dividends Revenues/Expenses Ass./beg/bal $2100 $1800 $5000 $1800 $32000 $300
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Common Increase Credit holders’ Stock Equity Acct. Debited Acct. Credit Basic Spc Effect NB Basic Spc Effect NB Date Type Act. Type Act. Jan 2 Asset Cash Increase Debit SHE Com.Stock Increase Credit 3 Asset Equip Increase Debit Asset Cash Decrease Debit 9 Asset Supp. Increase Debit Liability A/P Increase Credit 11 Asset A/R Increase Debit SHE Serv. Ev Increase Credit Date Acct. Debited Acct.
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iDempiere Fixed Asset User Manual Created By Edwin Ang Created On June 12‚ 2012 Version 0.1 Introduction The iDempiere Fixed Asset extension package is developed based on the work of these three remarkable men: 1. Robert Klein‚ who developed the first ever Fixed Assets extension for Compiere 2. Teo Sarca‚ who modernized Robert Klein’s work to use Adempiere more modern document structure. His work was however not properly documented and was influenced with his country
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Spring 2013 SAN FRANCISCO STATE UNIVERSITY Course Syllabus Course: ACCT 508- Federal Tax Accounting I Prerequisite: ACCT 301 with grade of C or better‚ or ACCT 303 with grade of C- or better. Professor: Tim Hurley‚ M.B.A.‚ J.D.‚ LL.M. Office: SCI 355 Office Hours: M 3:00-4:00‚ W 5:00-7:00‚ TH 6:00-7:00; by appointment Office Phone: E-mail: thurley@sfsu.edu Required Text: Hoffman & Smith
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February 2013 ACCT 102 Managerial Accounting Oil Refinery: A Typical Example for the use of Process Costing Objectives ☯To understand what is process costing ☯To understand the physical flow and basic entries in a process costing system ☯To be able to calculate the production cost able in a process costing system by using the the Weighted Average method 1 Comparison of Job-Order Costing and Process Costing JobJob-order costing The oil refining process starts with a fractional
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Introduction Just as companies were forced to realize that they could not operate successfully without making their employees a priority‚ they are now realizing that they must equally support and integrate all functional departments within their organization to become and remain leaders in their industry. Competition in the business world continues to increase and many firms must operate globally just to keep pace with their competitors. At the heart of global business growth is information
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implement the new technology‚ to cut costs‚ to increase productivity and to maximize the efficiency. Organizational Structure By Graham Organization Structure CEO / President Region 6 Sr. VP IT Finance / Acct. Merch. HR Region 1 Sr. VP Region 1 Sr. VP IT Finance / Acct. Merch. Store Ops. Region 5 Sr. VP Region 2 Sr. VP Region 3 Sr. VP Distr. Regional VP Regional Mgr. Area Mgr. Distr. Mgr. Store 1 Store 2 Store 3 Store 4 Region 4 Sr. VP Organization
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E 12-1: (a) 10‚ 13‚ 15‚ 16‚ 17‚ 19‚ 23 (b) 1. Long-term investments in the balance sheet. 2. Property‚ plant‚ and equipment in the balance sheet. 3. Research and development expense in the income statement. 4. Current asset (prepaid rent) in the balance sheet. 5. Property‚ plant‚ and equipment in the balance sheet. 6. Research and development expense in the income statement. 7. Charge as expense in the income statement. 8. Operating losses in the income statement. 9. Charge as expense in
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Course Description (Students should be cautious about enrolling in ACCT 310 or ACCT 311. These are professional courses requiring intensive study and analysis and are not to be undertaken casually. Students who have not taken ACCT 221 within the last two years may have difficulty.) Prerequisites: BMGT 110 (or at least two years of business or management experience) and ACCT 221. A comprehensive analysis of financial accounting topics involved in preparing financial statements and in external reporting
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1980’s and continuing on through 2009 when he was charged with fraud. In 2008 Madoff pushes one of those investing companies to raise more money for his brokerage firm. Also in 2008 he tells his wife to transfer money from a brokerage acct to her own personal bank acct after telling his sons he is facing 7 billion dollars in redemptions. In Dec 2008 Madoff allegedly confesses to his sons the night before turning himself in to face charges. In 2009 Madoff was caught trying to mail jewelry and watches
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