following items‚ and determine the correct amount to report on the income statement for each‚ using the accrual basis of accounting for the referenced period of time. Revenues A Company had beginning accounts receivable of $8‚000. The company reported cash basis revenues of $100‚000. The ending accounts receivable amounted to $18‚000. Supplies B Company purchased $25‚000 of supplies. Supplies on hand decreased by $5‚000 during the period. Rent C Company started the year with no prepaid rent
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DEFINITION A branch of economics concerned with resource allocation as well as resource management‚ acquisition and investment. Simply‚ finance deals with matters related to money and the markets. To raise money through the issuance and sale of debt and or equity MEANING OF FINANCE ------------------------------------------------- Finance is the study of how investors allocate their assets over time under conditions of certainty and uncertainty. A key point in finance‚ which affects
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MASTER OF BUSINESS ADMINISTRATION LB5205: HUMAN RELATION AT THE WORK- PLACE | WORK- LIFE BALANCE | (Reflective journal) | | | | LECTURER: DR. LISA TOMBALAKIAN SUBMITTED BY: PHAM THU THUY- 12517827 INTRODUCTION WHAT DO I UNDERSTAND ABOUT WORK- LIFE BALANCE? After graduated from Hanoi National University ( one of the biggest university in Vietnam)‚ two months later‚ I was hired by a telecom company. At that time‚ there were already 3 telecom companies
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CHAPTER 5 BALANCE SHEET AND STATEMENT OF CASH FLOWS IFRS questions are available at the end of this chapter. TRUe-FALSE—Conceptual Answer No. Description F 1. Liquidity and solvency. T 2. Limitations of the balance sheet. T 3. Definition of financial flexibility. T 4. Long-term liability disclosures. F 5. Definitions of the balance sheet. F 6. Land held for speculation. T 7. Balance sheet format. F 8. Disclosure of fair values. F 9. Disclosure of company operations and estimates. T
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At the time of a credit sale‚ a company would record an increase in assets and an increase in revenues. True False 3. A sale on account is recorded as a debit to revenue and a credit to accounts receivable. True False 4. Accounts receivable represent the amount of cash owed to the company by its customers from the sale of products or services on account. True False 5. Trade discounts represent a discount offered to the purchasers for quick payment. True False 6. When a company
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School for Mechanical Engineering & Applied Mathematics IMNDNG NDip: Engineering: Mechanical LABORATORY GUIDE STRENGTH OF MATERIALS II (MSM21AI / MSM22AI) COMPILED BY: MNR / MR NP DU TOIT REVISED BY: Mr. O Y Odufuwa DATE REVISED: JANUARY 2013 2 CONTENTS 1. INFORMATION ABOUT THE PRACTICALS ASSIGNMENTS. ...........3 SAFETY AND SAFETY PRECAUTIONS………………………………..3 INTRODUCTION………………………………………………………….3 GENERAL SAFETY…………………….……….………..........................3 LABORATORY
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Abstract Work life balance is an important issue that has been engaging the attention of research scholars‚ theoreticians‚ and practicing professionals alike. The increase in the number of dual-working couples and the ascendance of women to higher positions‚ and to professions traditionally regarded as male bastions‚ are two important factors that have contributed to increasing work life imbalance. Several studies have shown that work life balance has a direct bearing on organizational performance
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$600000 and a hand tools expense of $150000 in its profit and loss account. (5 marks) 2. The cash book of Ronald Limited showed a favourable bank balance of $98777 at 30 April 2001. An examination of the bank column in the cash book and the bank statement disclosed the following: iii. Dividends amounting to $752 had been credited by the bank but not entered in the cash book. iv. The bank had credited the company’s account with $3725 being the proceeds of a bill receivable. This amount
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Republic of the Philippines ROMBLON STATE UNIVERSITY Institute of Information Technology Odiongan‚ Romblon GRADING SYSTEM FOR THE ON-THE-JOB TRAINING BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY GRADING SYSTEM Semester School Year Name: Address: Final Rating: A. PERSONAL TRAITS a. Grooming b. Interest in Work c. Cooperative d. Initiative e. Adaptability B. SKILL / PERFORMANCE
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The Advantages of Wearing School Uniform School uniforms are becoming a popular trend amongst schools. Although many of us disagree for having school uniforms but it’s not a negative thing to have. The problem is majority of the students’ focus more on fashion rather than focusing on schoolwork. Although requiring students to wear school uniforms may violate their self-expression in some ways‚ a uniform are supposed to be looked upon as a positive thing. We look neat when we wear school uniform
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