Current Liabilities Current liabilities are defined as: “Debts due to be paid with cash or with goods and services within one year‚ or within the entity’s operating cycle if the cycle is longer than a year.” (Hongren‚ Harrison & Oliver‚ 2012) These liabilities fit into three categories: Current liabilities of known amount; current liabilities that must be estimated; and contingent liabilities. According to the matching principle of accounting‚ expenses and revenues need to be reported during
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ACCT 205 Wk 1 Dis. 1 E1-21 & E1-26 Question E1-21 KEY: A/R = Accounts Receivable A/P = Accounts Payable Indicate the effects of the following business transactions on the accounting equation of a Blockbuster Video location. a. Received cash of $10‚000 from the owner‚ who was investing in the business. Answer: Increase asset (Cash) Increase owner’s equity (Capital b. Earned video rental revenue on account‚ $1200. Answer: Increase asset (Accounts
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Shared Talking Styles Jessica Tuszynski Com 200 Interpersonal communication Professor: Laura Massengale Ashford University April‚ 2‚ 2012 Do the styles of our language predict the quality of interpersonal relationships? Psychological science thinks the reason why people show mutual romantic interests or can communicate better with someone is because of similar function words. “They say unconscious verbal coordination of this sort‚ dubbed language-style matching by researchers‚ signifies
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“Something’s are just wrong” Jessica Barnett SOC120 Richard Abshier Aug. 27‚ 2012 In "Some Moral Minima‚" Lenn Goodman argues that there are certain things that are simply wrong. Do you think Goodman is right? One of the most controversial subjects is that of pornography. So many people argue over whether or not it should be legal. I would agree that something’s are just wrong‚ however is is really our place to attempt to force others to live according to our beliefs? I think trying to force
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Accounting statements and ratios provide a great deal of information about a company’s financial stability. Some of the concepts to be discussed in further detail include horizontal analysis‚ current ratio‚ quick ratio‚ and cash to current liabilities ratio. A horizontal analysis is used to compare data from two or more periods side by side. The current ratio reveals the relative amount of working capital by dividing current assets by current liabilities. A quick ratio is calculated by dividing the
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I have a sedan‚ and would like to get sport car. The Car I would like to buy will cost me roughly $32‚000. I have selected to use a 6% investment rate to complete this assignment. After doing the reading‚ I learned that the purpose of this assignment is to figure out what your initial investment must be‚ if you want to reach a financial goal. My desired item is a camaro (sport car). The cost in 12 years will be roughly $32‚000. The average interest rate for the investment is 6%. I will be
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Ashford Library has great value while conducting college level research. The Ashford Library‚ in my opinion‚ is a trove of valuable information. While searching for information in the library‚ you will find that Ashford is proprietary database‚ which is only accessible to someone who pays or belongs to an institution who pays. “The Ashford Library is not just one main database‚ but actually contains several” (Bowles‚ 2013). We will soon cover the variety of databases and their benefit‚ but first
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1. Question : Which female auteur is best known for staking out traditionally male territory in her films Sophia Coppola CORRECT Kathryn Bigelow Nora Ephron 2. Question : Which quality most distinguishes the musical as a genre in its own right? Student Answer: CORRECT Its songs are part of the action Its songs accompany the action It contains only songs and no score Its dialogue is primarily sung 3. Question : According to
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Evelyn Ashford is a five-time Olympian in multiple track and field events. She was born on April 15‚ 1957 in Louisiana. Today‚ she is 57‚ going on 58. For her education‚ Ms. Ashford had attended Roseville High School and UCLA. Evelyn Ashford was the first woman to run the 100 meters in 11 seconds and the oldest woman in history to compete in the Olympics. Surprisingly‚ there is not much said about Ms.Ashford’s childhood. Her father‚ Samuel Ashford‚ was in the Air Force. Her family had to move
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CheckPoint: Don’t Count on it IT 205 Joel Balkum The FDCA project is an evolution into the technology age for the U.S. Census Bureau. Implementing handheld electronic devices improves the effectiveness of the collection process because it cuts down the use of paper for recording data‚ it replaces hardcopy maps that collectors would carry to find their way around‚ saves time and money‚ and makes staying organized easier to do which improves data quality and credibility. The problems that the
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