"Aiu principles of accounting unit 1" Essays and Research Papers

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    Unit 1

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    UNIT 1: Roles‚ responsibilities & relationships in lifelong learning 1.1 Explain your role and responsibilities as a teacher in lifelong learning. It is vitally important for me as a teacher to keep up to date with legislation and any changes made to legislation. I will start with explaining what the difference is between a legislative requirement and a code of practice. A legislative requirement is a duty to act according to the law as defined in an Act of Parliament and is usually enforceable

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    Problem 1-7/39 Nikolas Benton launched a new business‚ Benton’s Maintenance Co.‚ that began operations on June 1. The following transactions were completed by the company during that first month. 1. N.Benton invested $41.000 cash in the company ( cash‚ equity (owner capital)) 2. The company rented a funitured office and paid $2.200 cash for June’s rent. ( cost‚ cash) 3. The company purchased $1.860 of equipment on credit ( equipment‚ payable) 4. The company paid $780 cash for this

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    Unit 1

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    AS-Level HISTORY Revision Guide Britain 1906-1951 1. Liberal Landslide and Liberal Reforms………………p3 2. The impact of the First World War…………………...p13 3. Interwar 1 – 1918-1929……………………………………p18 4. Interwar 2 – 1929-1940……………………………………p24 5. The impact of the Second World War……………….p26 6. ‘New Jerusalem’ Labour in Power 1945-1951…………p35 7. Writing Guide‚ Model answers‚ Question Bank……P41 2012-3 edition Welcome to the Revision Guide to Britain 1906-1951. This booklet contains the essential

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    Unit 1

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    Phoenix collegiate 12H Unit 1 The Business Environment Contents Task 1 Two Businesses on our door step * Types of businesses‚ purpose and ownerships of two contrasting businesses * Different stakeholders who influence the purpose of two contrasting businesses * How are two contrasting business are organised? * How the styles of organisation help them to fulfil their purposes? * Points of view of different stakeholders seeking to influence the aims and objective of two

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    Accounting Test 1

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    QUESTION 1 1. Annie’s Attic has the following account balances for the dates given:   Cash‚ Sept 1 $40‚000 Cash‚ Sept 30 60‚000 Accounts receivable‚ Sept 1 10‚000 Accounts receivable‚ Sept 30 14‚000 Owner’s equity‚ Sept 1 ? Owner’s equity‚ Sept 30 ? Supplies‚ Sept 1 30‚000 Supplies Sept 30 24‚000 Accounts payable‚ Sept 1 6‚000 Accounts payable‚ Sept 30 ? Net income for September 20‚000   What would owner’s equity be on September 1? 5 points    QUESTION 2 1. Annie’s Attic has the following account

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    unit 1

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    1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). Four main points that must be included in a contract of employment are: 1. Job title and job description 2. Main place of work 3. Holiday and sick pay entitlements 4. Hours of work and salary 2a) List three key points of legislation that affect employers in a business environment. Three

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    Unit 1

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    E1. Describe three different types of settings which provide care and education for children in your area. Statutory – Primary School Voluntary – Youth Network Private – College E2. Describe how each of the settings identified in E1 aims to support children and their families. Statutory (Primary School) The quality of support‚ guidance and care provided for pupils and their families is strength. The head teacher provides dedicated leadership. In a relatively short period of time he has developed

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    ACC201 … STUDY GUIDE for TEST ONE (Chapters 1‚ 2‚ 3) Test #1 will consist of 50-60 of the questions below. (Finding the “answers” to these questions is part of the review) True or False 1. Owner’s equity represents the amount of assets that can be claimed by creditors. 2. The right-hand side of an account is always the increase side. 3. A ledger is a chronological record of a business’s transactions. 4. The chart of accounts proves that all

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    What are the advantages and disadvantages of principles-based accounting? Perhaps the primary benefit of principles-based accounting rests in its broad guidelines that can be applied to numerous situations. Broad principles avoid the pitfalls associated with precise requirements that allow contracts to be written specifically to manipulate their intent. A 1981 study sponsored by FASB found evidence that managers purposefully try to structure leases as operating leases to avoid incurring additional

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    Financial Statements Principles of Accounting/ACC280 Date Instructor Name Abstract Understanding what is happening financially in the company insights provides the financial information system of accounting. One must have knowledge of numbers when working in accounting. The three basic activities in accounting are identifies‚ records‚ and communicates. The four financial statements are income statements‚ retained earnings statement‚ balance sheet‚

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