2-1 BU8101 Accounting: A User Perspective Lecture 2 The Accounting Cycle Wednesday‚ 17 August 2011 Mrs. Ho Yin Kheng S3-01C-88 Nanyang Business School Nanyang Technological University Email: yklau@ntu.edu.sg Tel: 67905694 2-2 LO 2 Lecture Outline 1. Analyzing Business Transactions 2. Recording Process a. b. c. d. e. f. The Source Document The journal The accounts Debit and Credit rule Recording process illustrated Unadjusted trial balance 3. Adjusting entries
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Financial Accounting Part I Textbook for Class XI © no N C tt E o R be T re pu bl is he Accountancy d ISBN 81-7450-507-5 First Edition February 2006 Phalguna 1927 Reprinted October 2006 Kartika 1928 October 2007 Kartika 1929 January 2009 Magh 1930 January 2010 Magha 1931 January 2011 Magha 1932 PD 90T RPS © National Council of Educational Research and Training‚ 2006 ALL RIGHTS RESERVED No part of this publication may be reproduced‚ stored in a retrieval system or transmitted‚
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A Strategic Approach to Internationalization: A Traditional versus a "Born-Global" Approach Author(s): Sylvie Chetty and Colin Campbell-Hunt Source: Journal of International Marketing‚ Vol. 12‚ No. 1 (2004)‚ pp. 57-81 Published by: American Marketing Association Stable URL: http://www.jstor.org/stable/25048964 . Accessed: 09/08/2013 09:32 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms
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Chapter 1 Question 1-18 Consumers Union is a nonprofit organization that provides information and counsel on consumer goods and services. A major part of its function is testing of different brands of consumer products that are purchased on the open market and then the reporting of results of the tests in Consumer Reports‚ a monthly publication. Examples of the types of products it tests are middle-sized automobiles‚ residential dehumidifiers‚ flat-screen TVs‚ and boys’ jeans. a.) In what ways
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Introduction to Accounting Accounting is a profession used to make financial and business decisions. Billions of dollars exchange hands every day‚ in millions of separate business transactions. These are recorded and reported on using a comprehensive set of guidelines‚ referred to as Generally Accepted Accounting Principles (GAAP). Brief History of Accounting Accounting was born before writing or numbers existed‚ some 10‚000 years ago‚ in the area known as Mesopotamia‚ later Persia‚ and today the
Free Accountancy Accountant Leonardo da Vinci
Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
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The Primordial Soup Hypothesis is a hypothesis created by Alexander Oparin in the year of 1942. It claims that life started when a group of chemicals mixed together to form a pond‚ making amino acids‚ which then lead to proteins‚ and later the first forms of life. The evidence presented in the Miller-Urey experiment provided proof that basic monomers could be created from a mixture of methane‚ ammonia‚ and hydrogen. Different to the Primordial Soup Hypothesis‚ the Iron-Sulfur World Hypothesis
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That way you can pull it when you would like to make a soup. You can use it to boil some veggies in. Having some in the freezer will make preparing healthy meals very much easier. It is fine to alter recipes. Do you like more cheese than what is called for? It’s fine to add more. Do you think onions would be good added in? Try it! Adding your own special twist to a recipe can help make a meal one of a kind! Make soup stock in large quantities. Soup stock can be used in many different recipes. If you
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I read chicken soup for the soul 1 when I was in middle school. I was deeply moved at that time‚ so I chose to read chicken soup for the soul 2 in an English text while deciding what to read for English assignment. This book is classified into seven chapters such as ‘Overcoming obstacles’‚ ‘Eclectic wisdom’‚ ‘On love’‚ ‘Learning to love yourself’‚ ‘On parenting’‚ ‘On learning’‚ ‘Live your dream’. ‘Who you are makes a difference’ in ‘On love’ of those chapters touched my heart. This story is about
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ledger a.a chronological record of all transactionsb.the balance of each account in the chart of accountsc.budget records for each account in the chart of accountsd.subsidiary details supporting a control account 2. Which steps in the Financial Accounting Process are in the correct sequence based on closing the accounts and determining timing differences prior to issuing financial statements a.record the transaction‚ post to the ledger‚ prepare the adjusted trial balance‚ enter adjusting entries
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