ChaNoel A. Torres Acevedo Intermediate Accounting I Homework: Exercise 3-1: Apr. | 2 | Cash | 30‚000 | | | | Equipment | 14‚000 | | | | Christine Ewing‚ Capital | | 44‚000 | | | | | | | 2 | No entry—not a transaction. | | | | | | | | | 3 | Supplies | 700 | | | | Accounts Payable | | 700 | | | | | | | 7 | Rent Expense | 600 | | | | Cash | | 600 | | | | | | | 11 | Accounts Receivable
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Scand. J. Mgmt. 18 (2002) 233}248 Strategic management as multi-contextual sensemaking in intermediate organizations Runolfur Smari Steinthorsson *‚ Anders Soderholm K University of Iceland‚ Faculty of Economics and Business Administration‚ Oddi v/ Sturlugata‚ IS-101 Reykjavik‚ Iceland Umeas School of Business and Economics‚ SE-901 87 Umeas ‚ Sweden Received 1 June 1997; accepted 1 July 1999 Abstract Traditional strategic theory often provides limited means for dealing with the strategic
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seen as immoral and unthinkable by parents and teachers. Students are now punished with detentions and notes to their parents which although less severe is arguably a better and more popular policy for schools. Firstly‚ hitting as a disciplinary sanction should not be allowed by teachers because it does not teach children anything. School is designed to teach children the skills they will need as a grown up which includes knowing right from wrong. Hitting as a punishment does not teach this lesson
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Time +Interaction | Stage and Aim | Procedure | Assessment methodsEG Q/A‚ CCQs‚ monitoring‚ task completion‚ peer/self assessment | Tutor’s Comments | 10mT-SS | Warm upTo create interest in the topic To elicit/supply essential vocabulary for later tasks | I will contextualise the language by using pictures (PowerPoint presentation)‚ stories and gestures. The vocab taught will be happy‚ sad‚ crying‚ angry‚ scared and bored. I will also ask the students of any other emotions they already know. I
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CHAPTER 1 FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Answer No. Description F 1. Definition of financial accounting. T 2. Purpose of financial statements. T 3. Definition of financial accounting. T 4. Capital allocation process. F 5. Financial reports. F 6. Fair value information. F 7. Objectives of financial reporting. F 8. Accrual accounting. T 9. Generally accepted accounting principles. T 10. Users
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SOLUTIONS TO CODIFICATION EXERCISES CE16-1 Master Glossary (a) The amount of earnings for the period available to each share of common stock outstanding during the reporting period. (b) A reduction in EPS resulting from the assumption that convertible securities were converted‚ that options or warrants were exercised‚ or that other shares were issued upon the satisfaction of certain conditions. (c) A security that gives the holder the right to purchase shares of common stock in accordance
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CHAPTER 13 CURRENT LIABILITIES AND CONTINGENCIES IFRS questions are available at the end of this chapter. TRUE-FALSE—Conceptual Answer No. Description F 1. Zero-interest-bearing note payable. F 2. Dividends in arrears. T 3. Examples of unearned revenues. T 4. Reporting discount on Notes Payable. F 5. Currently maturing long-term debt. F 6. Excluding short-term debt refinanced. T 7. Accounting for sales tax collected. F 8. Accounting for sick pay. T 9. Social security
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CASES Real World Case 5-1 Requirement 1 A bill and hold strategy accelerates the recognition of revenue. In this case‚ sales that would normally have occurred in 1998 were recorded in 1997. Assuming a positive gross profit on these sales‚ earnings in 1997 is inflated. Requirement 2 A customer would probably not be expected to pay for goods purchased using this bill and hold strategy until the goods were actually received. Receivables would therefore increase. Requirement 3 Sales that would
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Chapter 3 continued... Every acct on adj trial bal is used only once in creating first 3 financial stmts. Point of closing is to bring RE up to date - in doing that‚ we zero out temp accts. 4 kinds of closing entries: 1) close out Revenue - debit Rev CR Income Summ (normal credit bal) (only exists long enough for closing entries) - companies may be closing hundreds of rev or exp accts 2) close out Expense accts - list every single acct DR Income Summ CR Exp accts 3) DR Income Summ
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Chapter 1 An Overview of Financial Management ANSWERS TO BEGINNING-OF-CHAPTER QUESTIONS 1-1 The primary goal is assumed to be shareholder wealth maximization‚ which translates to stock price maximization. That‚ in turn‚ means maximizing the PV of future free cash flows. Maximizing shareholder wealth requires that the firm produce things that customers want‚ and at the lowest cost consistent with high quality. It also means holding risk down‚ which will result in a relatively low
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