Example Company Balance Sheet December 31‚ 2011 ASSETS LIABILITIES Current Assets Current Liabilities Cash $ 2‚100 Notes Payable $ 5‚000 Petty Cash 100 Accounts Payable 35‚900 Temporary Investments 10‚000 Wages Payable 8‚500 Accounts Receivable - net 40‚500 Interest Payable 2‚900 Inventory 31‚000 Taxes Payable 6‚100 Supplies 3‚800 Warranty Liability 1‚100 Prepaid Insurance 1‚500 Unearned Revenues 1‚500 Total Current
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owners equity on January1‚ 2012 called the balance sheet. The report the reader will see below is a current balance sheet for a company called Custom Building that I personally work with. Working one on one with the owner has offered quite a bit of experience in the accounting world. The reader will be able to view the balance sheet below‚ following the explanation of the balance sheet for Custom Building discussed in full. Custom Building Company Balance Sheet January 1‚ 2012 Non-current Assets
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Water Balance of Berkeley‚ California and Terre Haute‚ Indiana Johnny L. Luckett Excelsior College Abstract This paper discovers the water budget for Berkeley‚ California in comparison to Terre Haute‚ Indiana. The two cities precipitation differs throughout the twelve month calendar year where many of the heavy precipitation months are totally opposite. Berkeley California’s winters‚ where the majority of rain occurs and Terre Haute‚ Indiana where the rainfall is observed as
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Gun Control Debate: Our Right to Safety Many arguments for and against gun control in our country revolve around the second amendment. Unfortunately the majority of those arguments are based on an individual’s perception of what the second amendment means. The second amendment was adopted into the United States Bill of Rights in 1791‚ which was 222 years ago. The second amendment states‚ “A well regulated Militia‚ being necessary to the security of free State‚ the right of the people to keep and
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processes used to select the content) that most differentiates the various versions of the tool in circulation. The balanced scorecard also gives light to the company’s vision and mission. These two elements must always be referred to when preparing a balance scorecard. The Balanced Scorecard was slightly amended. The “new” balanced scorecard transforms an organization’s strategic plan from an attractive but passive document into the "marching orders" for the organization on a daily basis. It provides
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2008 © The Author ISBN: 978-87-593-8365-0 ISSN: 0906-6934 Distributed by: Samfundslitteratur Publishers Rosenørns Allé 9 DK-1970 Frederiksberg C Tlf.: +45 38 15 38 80 Fax: +45 35 35 78 22 forlagetsl@sl.cbs.dk www.samfundslitteratur.dk All rights reserved. No parts of this book may be reproduced or transmitted in any form or by any means‚ electronic or mechanical‚ including photocopying‚ recording‚ or by any information storage or retrieval system‚ without permission in writing from the publisher
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Differences between private and public international law In the study of international law‚ a sharp distinction is usually drawn between public international law‚ concerned with the rights and obligations of states with respect to other states and individuals‚ and private international law‚ concerned with issues of jurisdiction‚ applicable law and the recognition and enforcement of foreign judgments in international private law disputes before national courts. Private international law is viewed
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The balance sheet approach’s main goal is to properly value assets and liabilities. The assets are most commonly valued by the amount of money they can receive by selling that asset for or how much they spent for the asset. The determination of the accounting method depends on the nature of the underlying item and how the firm intends to use it. Earnings is a function of the change in net assets. The income statement approach’s main goal‚ on the other hand‚ is to determine revenues‚ expenses‚ and
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diet. This project will benefit a student in understanding the concept of a balanced diet. After completion of the project the student must be able to: Explain why diet‚ especially energy intake‚ should be related to age‚ sex‚ and activity of an individual. List the principal sources of‚ and describe the dietary importance of carbohydrates‚ fats‚ proteins‚ vitamins (C and D only)‚ mineral salts (calcium and iron only)‚ fiber (roughage) and water Name the diseases and describe the symptoms resulting
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What is a Trial Balance? State its objectives and characteristics. Give some reasons for disagreement of the Trial Balance. A ’Trial Balance’ is a list of all the General ledger accounts (both revenue and capital) contained in the ledger of a business. This list will contain the name of the nominal ledger account and the value of that nominal ledger account. The value of the nominal ledger will hold either a debit balance value or a credit balance value. The debit balance values will be listed
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