"After examining illustration 4 5 on p 151 of financial accounting what do you consider might happen if revenue accounts are not closed explain why expense accounts are not closed explain why" Essays and Research Papers

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    organizations: closed systems and open systems. An open system interacts with its environment through giving and receiving information. Closed systems are closed off from the outside environment‚ and all interaction and knowledge is transmitted within the closed system only. Closed systems can hamper growth since the flow of information stays within the system and has no chance to interact with or build on knowledge from the outer environment A production line is an example of a closed system within

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    ACCOUNT exam

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    estimates have been prepared to evaluate the benefits from the reorganization: Before the change After the change Total annual sales $ 700‚000 $850‚000 Costs as percentage of sales: Direct materials 10% 9% Direct labor 6% 4% Support costs 9% 7% Work-in -process inventory $200‚000 $120‚000 Inventory carrying costs are estimated to be 12% per year. Required: Why do the layout reorganization estimates include from carrying reduced levels of work-in-process inventory

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    Explain Why 1688 – 1832?

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    Why 1688 – 1832? Clavers got a clankie o’ to mere artificers Nation and state became disjointed then at the very time men and women of accomplishment were flourishing and‚ as stated‚ we find difficulty in determining when we think this began and when we think it became complete. Consequently‚ for our purposes‚ bearing in mind the general parameters just set out‚ the study of the Scottish Enlightenment and the learned men and women will begin with the Glorious Revolution of 1688. David Hume certainly

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    Why should you be concerned with retirement and estate planning? To start with‚ giving definition of the two will make them to be easily be understood. Retirement planning is the accumulation of wealth to provide income and financial security in retirement. Estate planning focuses on wealth preservation and wealth transfer. The reason with have to be concerned with retirement is because it is unavoidable but a reality of things at one time in life you will no longer have energy to keep on working

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    slavery was bad. This belief will appear through his statements. For instance‚ Lincoln once said that “[he] [was] naturally anti-slavery‚” and that “[if] slavery [was] not wrong‚ nothing [was] wrong.” This statement shows that Lincoln believed in what he fought for‚ and that it was not only for political and economical reasons. Indeed‚ in this statement‚ Lincoln clearly said that slavery is so wrong‚ that if it is not wrong‚ therefore‚ nothing is wrong‚ so‚ for example‚ if slavery is not wrong‚

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    A financial intermediary‚ by definition‚ is responsible for the process of transferring money from economic agents with a surplus of funds to economic agents with a deficit of funds‚ and is known as financial intermediation. This is achieved by means of a financial security‚ such as stocks and bonds. The mechanism that allows the trade of such financial securities is known as a financial market. Financial markets aim to facilitate the raising of capital‚ as well as the transfer of risk between

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    You should change your behavior depending on what situation you are in. This could be for many reasons but I will only give you two today. The reasons why you should change behavior in situations are you will not have friends to mess with‚ if your are in school then some teachers will think that your behavior is inappropriate‚ and you won’t be able to speak in public. First of all‚ you should change your behavior depending on what situation you are in because you will not have any friends to mess

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    which includes the Financial Times‚ FT. com and a range of other financial magazines‚ online services and financial databases. Pearson ’s consumer operations‚ Penguin‚ operates a series of connected national publishing houses. With sales of £5. 6 billion in 2009‚ Pearson operates in more than 60 countries. Financial statements are prepared in accordance with IFRS. Shares trade in London and New York (Source: Company Annual Report and Form 20-F) Refer to the Pearson plc financial statements and footnote

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    Would your parents pay you to do chores? I think kids should be payed to do chores. It will help us understand money.Be more organized with stuff. Be more responsible with what we do. Learn to manage money the right way. We can go out with friends and have fun. First‚ we can be more organized. It will heal properly us organize time and other things. It will help us in the future. We can see the work we did. It is a great way to make us more mature. I did more stiff and help more around the house

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    Why You Should Choose Toroidal Transformers. Transformers are important and highly efficient devices that have incredible applications. Construction mostly distinguishes them and they serve the basic applications. There are different types of transformer applications‚ but toroidal transformer applications are the best. Here are some reasons why you should always use them. Easy to mount. Most toroidal transformer applications do not have very complex designs‚ so you will be able to install them easily

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