Page 1 of 5 CPA REVIEW SCHOOL OF THE PHILIPPINES Manila AUDITING PROBLEMS AUDIT OF STOCKHOLDERS’ EQUITY - QUIZZERS PROBLEM NO. 1 Resolve Corporation began operations on January 1‚ 2005. The company was authorized to issue 60‚000 shares of P10 par value common stock and 120‚000 shares of 10%‚ P100 par value convertible preferred stock. In connection with your audit of the company’s financial statements‚ you noted the following transactions involving stockholders’ equity during 2005: Jan. 1 Issued
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1. Invasion of Canada (1813) - 2. USS Constitution ("Old Ironsides") - the nickname given to the super-frigate Constitution during the War of 1812 3. Adm. Oliver Perry - American naval officer; managed a fleet on the shores of Lake Erie in 1813; captured a British fleet on Lake Erie‚ his victory slogan "We have met the enemy and they are ours" brought new life and inspiration to the American troops‚ he was a hero during the war 4. Battle of the Thames (1813) - The Battle of Thames was fought
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Hinduism and Christianity are two of the thriving religions in the world today. Both religions help make up vast amount of worshiper all over the world. While both religions agree in some aspects‚ they differ in others‚ both impacting people around the globe in a unique way. Hinduism and Christianity are similar‚ in that loving god is one’s first responsibility in life. The two religions differ‚ in the number of gods or spirits they worship‚ and the founders of the religion. In both religions loving
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Question 1: In light of scientific advances in our understanding of human origins‚ what have we learned about our relationship to the earth and other living species? Answer 1: Our understanding of human origins has not changed very much in light of scientific advances. Although we have not learned much more about our relationship to the earth and other living species‚ the scientific advance have allowed historians and archaeologists to prove earlier theories and form new ones concerning the ways
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Ch 20 Packet Africa and the Africans in the Age of the Atlantic Slave Trade Part 1 1. Describe the characteristics of the “Atlantic System”. The Atlantic System was a major catalyst in the growth and development of the Atlantic slave trade‚ which boosted the world economy significantly. The Atlantic system a link between Africa and the rest of the world. It simply was the destiny that Africans were going to face‚ being shipped to the Middle East‚ Europe‚ and especially across the Atlantic
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During the post-classical time period‚ both the Umayyad and Mongol empires rose to the height of their power through many similarities and differences. For example‚ both dynasties expanded by militaristic advances‚ but a single man was responsible for the rise of the Mongols and they also supported all faiths unlike the Umayyad. The Mongol founder‚ Genghis Khan‚ conquered surrounding nomadic tribes and brought them under his rule through extensive military conquest. Over the entire rise of the
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2007 DBQ At the height of the Han and Roman Empires‚ the emergence of technological advancements heavily influenced their societies. These advancements had several benefits in improving the social order of the empires‚ however they also had their negative effects; the essential argument being that the more elaborate‚ and intricate the inventions were‚ the higher they were considered in the social classes. The simpler‚ craft-like inventions on the other hand‚ were said to be made by men who are
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In China between 1925 and 1950‚ the Chinese Communist Party was growing and taking over China with the support of the peasant class. The CCP allowed peasants a better life and was supported by the lowest class while higher class people like the landlords were chastised by the Party‚ and even with Japan occupying some parts of China‚ Communist ideas kept the peasant class strong enough to push the Japanese out. In the time leading up to the Chinese Communist Party taking over‚ Japan held power over
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Biology has been the most interesting and appealing subject I have taken. Taking the course as a freshman‚ and the AP course as a junior‚ has really influenced my choice of a potential major. The course taught me how to be more studious and efficient with the information I retain. It is a puzzle‚ in which you piece together process by process‚ step by step. AP Biology also enhanced my collaboration skills. The course is very rigorous and challenging‚ and I struggled often trying to do it all by myself
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To what extent was it justified to characterize the industrial leaders of the late 19th century as either “robber barons” or “captains of industry”? Document A Q: How is the freight and passenger pool working? W.V.: Very satisfactorily. I don’t like that expression “pool”‚ however‚ that’s a common construction applied by the people to a combination which the leading roads have entered into to keep rates at a point where they will pay dividends to the stockholders. The railroads are not run
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