Stella Omusa is another interesting case study. As she pursued early schooling‚ Stella never had any idea of her orientation. Even her parents and peers could not help Stella on the same. Luckily‚ as a bright student‚ it was not difficult to secure admission into a public university. However‚ it is not clear whether Stella pursued a degree in bachelor of commerce‚ accounting option by choice or just as a matter of natural flow of events. Most likely though‚ it was the course she was selected to
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An Essay on “Caravans of Gold” and “Africa: A History Denied” A powerful and peaceful land of trade and scholarship was established in Africa long before European ships even landed there. Great African Empires flourished from the wealth of Africa’s natural resources that marked its rich and lavish history. Though Europeans and Arabs‚ people who most benefited from the wealth of Africa‚ denied Africa its legacy‚ the magnificence of people of color is embedded in the history of powerful empires such
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Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
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Product description for Rooster Gold Coin Lunar Gold Coins came into being in the year 1999 along with their silver counterparts. The aforementioned coins celebrated the Chinese Year of the Rabbit and featured a Rabbit on its reverse. These gold coins are highly valued by investors and collectors alike due to a limited issuing quantity per year. The latest in these series of gold coins is the 2017 design that flaunts the rooster on its reverse‚ signifying the Year of the Rooster. The Perth Mint
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http://jobview.monster.com/Senior-Accountant-Manager-Job-San-Juan-PR-US-130837373.aspx Questions and answers 1. Under what conditions is direct labor a valid basis for allocating overhead? Direct labor is a valid basis for allocating overhead when: (a) direct labor constitutes a significant part of total product cost‚ and (b) there is a high correlation between direct labor and changes in the amount of overhead costs. 2. What has happened in recent industrial history to reduce the usefulness
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taking caring care of a pet and making sure they are okay. Owning a pet should be a privilege because these animals depend on you and that is like a gift to own. Every pet deserves a loving and dependable care-taker even as simple as having a pet gold fish. Gold fishes would make a good and simple pet; it doesn’t take a lot of looking after and being for it all the time. From my experiences with having a fish for a pet‚ it is very important to keep its environment nice and clean‚ similar to us because
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Sarah K January 26‚ 2013 Traveling to Discovering Gold was worth having to Leave Families In 1848 the discovery of gold at Sutter’s Mill took place. It brought numerous and several of men to the site‚ to seek the precious gold for their own keepings. Bunches of famous people also visited the gold camps‚ Mark Twain for example. Many stayed after the rush died down‚ enjoying the land of the West. In the process of the events that took place at Sutter’s Mill‚ families everywhere were being
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1. What is black money? Black money is essentially the currency used in ‘black economy’. Black‚ shadow‚ underground‚ unobserved‚ unofficial‚ subterranean‚ unrecorded‚ informal‚ irregular‚ second‚ twilight‚ parallel – are all the synonyms used for the ‘shadow economy’. The shadow economy basically consists of legal and illegal activities outside the reach of the government. Smith (1985‚ p.18) provides a very broad definition of the shadow economy as ‘market based production of goods and services
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101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
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