The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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Comparing Accounting Software Programs to Manual Accounting Manual accounting uses several paper ledgers to record financial transactions. It is very time consuming to record each single transaction onto paper‚ being very cautious not to make an error. There are several ledgers for each part of the accounting system‚ such as accounts payable‚ accounts receivable‚ and revenue accounts. Combining these ledgers into one general ledger‚ provide the balance for each ledger. The general ledger
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References: Warren‚ C.‚ Reeve‚ J.‚ and Duchac‚ J (2007). Accounting. 23rd ed South-Western‚ cengage learning in thousands except share data | January 3‚ 2009 | December 29‚ in thousands except share data | December 29‚ 2007 | December30‚
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Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions
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Fundamental Principles of Environmental Protection Sustainable Development The concept of sustainable use of earth’s resource is an ancient one. Without the principles of sustainability as a way of life‚ humans would not have survived in the 20th century. The principle of sustainable development received impetus with the adoption of Stockholm Declaration in 1972‚ World Conservation Strategy prepared in 1980 by the World Conservation Union (IUCN) with the advice and assistance of the United Nations
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Chapter 4 Fundamentals of Material Balances Material Balance-Part 1 Process Classification 3 type of chemical processes: 1. Batch process – Feed is charge to the process and product is removed when the process is completed – No mass is fed or removed from the process during the operation – Used for small scale production – Operate in unsteady state March 31‚ 2009 ChE 201/shoukat@buet.ac.bd 2 Process Classification 2. Continuous process – Input and output is continuously
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Table of Contents Case 1 Introduction Jill’s business is expanding while the up going GST prevent her from gaining more profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising
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FUNDAMENTALS OF COMPUTER ORGANIZATION AND ARCHITECTURE Mostafa Abd-El-Barr King Fahd University of Petroleum & Minerals (KFUPM) Hesham El-Rewini Southern Methodist University A JOHN WILEY & SONS‚ INC PUBLICATION FUNDAMENTALS OF COMPUTER ORGANIZATION AND ARCHITECTURE WILEY SERIES ON PARALLEL AND DISTRIBUTED COMPUTING SERIES EDITOR: Albert Y. Zomaya Parallel & Distributed Simulation Systems / Richard Fujimoto Surviving the Design of Microprocessor and Multimicroprocessor Systems:
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EXECUTIVE SUMMARY: This Statement belongs to one of the famous company and the website of the company is http://www.chunmun.in/. I have to analyze this report with the help of strategic details which has been providing on the website due to the help of branding‚ mass customization and social networking. This website belongs to the major clothing brands who sell in a single roof. Chunmun store has got more than 100 popular brands. The company has done a reliable branding and the website stimulates
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inggLecturer’s Guide Accounting for Non-accounting Students Sixth edition J R Dyson ISBN 0 273 68301 2 © Pearson Education Limited 2004 Lecturers adopting the main text are permitted to download the manual as required. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published in Great Britain under the Pitman Publishing imprint in 1997 Second edition published
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