Assignment 2: Reading a Recipe NAME: Chrissy 1. What is this a recipe for? This is a recipe to make fish burgers. 2. List the equipment required to prepare this recipe. The equipments required to prepare this recipe are the following: -Cutting board -Sharp knife -Drainer -A measuring spoon -Dry measuring cup -Scale -Portioning scoop -Mixing bowl -Plates -Fry pan 3. How much product does this recipe make? This product is said to serve around 4 people. 4. What would you use to measure the
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James (pseudonym) is a 65 years old man‚ with a 10 year history of type 2 diabetes mellitus (DM). He migrated to New Zealand when he was young. He lives with his wife Barbara (pseudonym) in his own house. They have two daughters who are both in Australia with their family. They visit him regularly. He worked as a shop manager but he discontinued the job because he could not work properly due to fatigue and illness from his disease. He now spends most of the time at home by engaging in hobbies such
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Week 3: Accounting for Intangible Assets Introduction Change from a manufacturing to a “knowledge based” industry Increase market to book gap Intangible Assets play a major role Assets: Definition * Resource controlled by an entity as a result of past events from which future economic benefits are expected to flow to the entity Assets Recognition Criteria * Recognition Criteria * Under AASB Framework (par 89) an asset is to be recognised in the balance sheet only when * It
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Acct 496 CH5 Assignment Kangkang Guo Q1. What is a provision‚ and when must a provision be recognized? Provision provides guidance for reporting liabilities of uncertain timing‚ amount‚ or existence. A provision should be recognized when: 1). The entity has a present obligation (legal or constructive) as a result of a past event. 2). It is probable (more likely than not) that an outflow of resources embodying economic events will be required to settle the obligation. 3). A reliable estimate of
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UNIVERSITY OF SANTO TOMAS COLLEGE OF EDUCATION PORTFOLIO IN FIELD STUDY 1 THE LEARNERS DEVELOPMENT AND ENVIRONMENT FIRST SEMESTER; A.Y. 2013-2014 SUBMITTED BY: Arellano‚ Jiah Mae Austria‚ Christian Miguel Dizon‚ Raphael Enciso‚ Aldrin Mark Loayon‚ Ruby Joy Mercado‚ Pauline SUBMITTED TO: MS. CARMINA VICENTE. FS 1‚ Facilitator TABLE OF CONTENTS Title page/Cover page ……………………………………………………………………………………………….. i Table of Contents ………………………………………………………………………………………………
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receivable: the amounts owed to the firm by customers on account from the sale of goods or services (2)Notes receivable: the amounts owing to the firm outside normal trade for which formal instruments of credit are issued evidencing the debt‚ and on which interest is generally payable (3) Other receivables include non-trade receivables such as interest receivable‚ loans‚ advances and GST receivable. 2. Accounting for A/R Accounts receivables are the most significant receivables for most firms. Thus
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A-Bear offer a different types of bears and toys with different price. It’s range 15$-25$. Now it’s depend upon the customer demand. If they have the purchasing power to buy a 25$ bear they can buy it if not than to switch other lower price bear. Q.NO.2: Think all of factors of Build A-Bear product. Discuss in detail the value that build A-Bear creates fir its customer. Build A-Bear creates it’s own toy. When child goes to the toy store it give s an amazing satisfaction. The toy store also care our
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2013? Gross profit % = ($4‚500‚000-3‚600‚000)/$4‚500‚000=20% 2013:20%x$500‚000=$100‚000In 2014‚ Rigsby would recognize realized gross profitof:Grossprofit%=($4‚500‚000-3‚600‚000)/$4‚500‚000=20%2013:20%x$500‚000=$100‚0002014:20%x[($4‚500‚000-500‚000)/2]= $400‚000 In its December 31‚ 2013‚ balance sheet‚ Rigsby would report: At December 31‚ 2014‚ Rigsby would report in its balance sheet: Balance sheet:Deferred gross profit: $800‚000 - 400‚000 = $400‚000Realized gross profit of $400‚000 would
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Internet Based Tax Briefing 1 – Haig Simmons Aqeel A Sahibzada‚ University of Maryland University College ACCT 613/9040 – Professor Bruce McClain October 14‚ 2012 Subject: Haig Simmons – Loss recognition on anthracite coal future contracts‚ capital or ordinary loss Facts Taxpayer Haig Simmons operates an in home coal heating and delivery service for consumer uses in Baltimore and Anne Arundel counties. Due to the instability of coal resources and prices‚ Haig Simmons enters
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ACCT 346 Final Exam CLICK TO DOWNLOAD ANSWERS Page 1 1. (TCO 1) A difference between actual costs and planned costs 2. (TCO 1) Which of the following is not likely to be a fixed cost? 3. (TCO 2) Which of the following is not a manufacturing cost? 4. (TCO 2) A job-order costing system is likely used by a 5. (TCO 3) Equivalent units are calculated by 6. (TCO 3) The Freedom Corporation’s painting department had a beginning inventory of 580 units‚ which had direct material costs of $22‚715
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