BAO3312 Advanced Management Accounting Sem 1 2011 Tutorial Class Participation / Learning Journal Name of Student / ID no.: Name of Tutor: Day / Time of Tutorial Class: Week Attended Tute: Yes/No Describe participation and/or contributions made (if any) Reflect on and describe 1 important learning point from this week’s reading /case ( length guide: 50-75 words a week); Do not just list what topics were discussed; describe a valuable learning point for you and
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ACQUISITION Answers to Discussion Questions How Does a Company Really Decide which Investment Method to Apply? Students can come up with literally dozens of factors that should be considered by Pilgrim in making the decision as to the method of accounting for its subsidiary‚ Crestwood Corporation. The following is simply a partial list of possible points to consider. Use of the information. If Pilgrim does not monitor its own income levels closely‚ applying the equity method would seem to be a
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Serial Bond Debt Service Fund Journal Entries and Financial Statements. As of December 31‚ 2010‚ New Town had $9‚500‚000 in 4.5 percent serial bonds outstanding. Cash of $509‚000 is the debt service fund’s only asset as of December 31‚ 2010‚ and there are no liabilities. The serial bonds pay interest semiannually on January 1 and July 1‚ with $500‚000 in bonds being retired on each interest payment date. Resources for payment of interest are transferred from the General Fund and the debt service
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Dairy Entries Dairy Entry 1 – Explain where in the past you travelled to 28/02/24 Dear Diary. My name is Professor Sharon Jung and I am the first person in the WORLD to travel through time. I have been studying Ancient Greece for some time and I have been waiting for this moment for AGES. With all my courage‚ I took a deep breath and stepped into the time machine. 448 BCE As soon as I stepped out of the time machine‚ it was as if I was walking into a whole new world. Loud‚ busy and dirty. The streets
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“JOURNAL ENTRIES” a. JIL made initial cash investment. Cash XXX JIL‚ Capital XXX b. JIL made an additional investment‚ Equipment. Equipment XXX JIL‚ Capital XXX c. Purchased equipment on account. Equipment XXX Accounts Payable XXX d. Purchased equipment for cash. Equipment XXX Cash XXX e. Purchased supplies on account. Supplies XXX Accounts Payable XXX f. Purchased supplies for cash. Supplies XXX Cash XXX g. Rendered services on account. Accounts receivable XXX Service
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I would not be able to complete my assignments on time. I begin my week with reading the assignments and answering the discussion forum questions. Next‚ I usually reply to other peoples posts throughout the week. I will start writing the journal entries and completing the assignments that are due for the week on Tuesdays and Wednesdays. Finally‚ I read my work over before I finally submit my assignments for the week. After a hard day of work I come home and complete my assignments first‚ and
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Journal Entry Question #4: “Everyday Use” What is heritage? This is a question that begins to wander through one’s mind in Alice Walker’s Everyday Use. Although‚ it seems like a pretty generic answer‚ one sees that through this story that there are different meanings to people. Everyday Use is a story that follows a mom and her two daughters Maggie and Dee otherwise known as “Wangero.” It goes through these lives to share with the reader how people can completely abandon their past or ways of
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Advanced Accounting Assignment Week 7 1. Which of the following combinations correctly describes the relationship between foreign currency transactions‚ exchange rate changes‚ and foreign exchange gains and losses? Answer: c. Import purchase‚ Depreciates and Gain 3. On October 1‚ 2013‚ Mud Co.‚ a U.S. company‚ purchased parts from Terra‚ a Portuguese company‚ with payment due on December 1‚ 2013. If Mud’s 2013 operating income included no foreign exchange gain or loss‚ the transaction could
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ACCOUNTING THEORIES 1. What is the difference between a positive theory of accounting and a normative theory of accounting? 2. What do we mean when we say that ‘theories are abstractions of reality’? Do you agree that theories of accounting are necessarily abstractions of reality? 3. Identify and explain 5 different criteria we might use to establish a theory as being suitable for use in our research. 4. Is the study of financial accounting theory a waste of time for accounting
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September 13‚ 2013 Journal Entry 1 1. In your journal‚ write the eight areas of the self-assessment and record your scores for each as follows: 60 1. Accepting personal responsibility 68 2. Discovering self-motivation 68 3. Mastering self-management 53 4. Employing interdependence 51 5. Gaining self-awareness 46 6. Adopting lifelong learning 50 7. Developing emotional intelligence 66 8. Believing in myself 2. Write about the areas on the self-assessment in which you had your highest scores
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