The purpose of this lab was in order to find which combination of two electrodes would produce the greatest voltage‚ under the condition that lemon juice was the electrolyte within a chemical cell. To conduct the lab‚ two slits were created in a lemon‚ which worked as a chemical cell‚ and an assortment of different electrodes were inserted into the lemon. Afterward‚ two wires were attached to each of the electrodes‚ where a voltmeter then gave a reading that was recorded into data. As the experiment
Premium Oxygen Hydrogen Chemical element
Revenue Recognition Policy (Note 2): A. Sale of goods Revenue Recognition According to the annual report ’s financial statement notes‚ CV Technologies (CVT) recognizes revenue when the title of goods is passed on to the customer‚ and when reasonable assurance exists regarding the measurement and collection of the consideration given. This means that once CVT ships its goods to their reliable customers‚ they will account for those goods as sold‚ and recognize the contract amount as revenue. This
Premium Income statement Balance sheet Generally Accepted Accounting Principles
that are being examined in this paper are Juicy Juice and Minute Maid. Juicy Juice is more persuasive to Minute Maid because it catches people’s attention with the bold colors all throughout the ad and the happiness of the little girl. Juicy Juice ad used bright colors like green‚ yellow‚ pink‚ red‚ and blue because those colors will jump out to people.
Premium Color Color Primary color
Capital and Revenue Expenditures Edwin Bivens XACC- 291 06/08/2014 Capital and Revenue Expenditures: The Differences and Similarities. In order to be able to explain the differences between Capital Expenditure and Revenue Expenditure; I believe it is important to understand what each are: A capital expenditure is an amount spent to acquire or improve a long-term asset such as equipment or buildings. Usually the cost is recorded in an account classified as Property‚ Plant and
Premium Generally Accepted Accounting Principles
CHAPTER 2: RELEVANT REVENUES AND COSTS The primary goal of a firm is to maximize profits. This implies‚ of course‚ that each decision a manager makes is consistent with that goal. Although managers are expected to rely on internally-produced reports‚ such as balance sheets and income statements‚ to help them make decisions‚ most of the information that appears on these statements is period-based rather than decision-based. A balance sheet shows the sum total of a firm’s assets and liabilities
Premium Costs Variable cost Cost
Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered，东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道，造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算，而不应当仅仅按照它们的法律形式作为会计核算的依据
Premium Invoice Financial audit General ledger
Dabur eyes Rs 500 crore sales turnover from Real juice BS Reporter / New Delhi February 21‚ 2007 Dabur Foods‚ a 100 per cent subsidiary of FMCG company Dabur India‚ aims to achieve a sales turnover of Rs 500 crore by 2010 from its flagship juice brand Real. Towards this‚ the company will invest Rs 100 crore over three years. Of this‚ Rs 70 crore will be utilised for expanding manufacturing lines in Jaipur‚ Siliguri and Nepal. Currently‚ Dabur Real contributes Rs 175 crore to the kitty of Dabur Foods
Premium Juice Nectar
Methods of Revenue Recognition 1. The Accrual Method of Revenue Recognition The most common revenue recognition system is based on the accrual method. Under this approach‚ if the revenue recognition rules presented in the last section have been met‚ then revenue may be recognized in full. In addition‚ expenses related to that revenue‚ even if supplier invoices have not yet been received should be recognized and matched against the revenue. The name of this method does not imply that the revenue
Premium Generally Accepted Accounting Principles Construction Project
ACCOUNTING/291 Capital Expenditure vs Revenue Expenditure Carlos Flannigan XACC/291 Instructor: Tameka Johnson October2 ‚2014 Expenditures are unavoidable for any company to exist in the competitive market‚ to expand the business or to find new opportunities to open up beneficial business
Premium Generally Accepted Accounting Principles Capital expenditure Operating expense
Boost Productivity to Control Labor Costs by David Pavesic‚ Ph. D.‚ FMP You have two major “cost centers” at your restaurant. One is food and beverage. The other is labor. Which one do you think is most problematic? If you said labor‚ either you’ve been running a restaurant for at least a few months‚ or you have some genuine insight into the challenges of running a restaurant. Labor issues are still the No. 1 concern of most restaurant owners and managers. Food and beverage costs are held
Premium Management Economics Cost