"Cash v accrual basis accounting" Essays and Research Papers

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    basis physical property

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    natural occurrence Volume-Weight relationships As a result from 3 phase diagram several relationship were produce This relationship known as volume weight relationships. Refer to 3 phase diagram 2 01/03/2012 Relationship equations V = Vs +Vv ( eq. 1) = Vs + Vw + Va where Vs = volume of soil solids Vv = volume of voids Vw = volume of water in the voids Va = volume of air in voids 3 01/03/2012 Relationship equations W = Ws + Ww where‚ Ws = Ww= Wa = (

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    liability‚ duty to advice and the liability for the advice given. Also‚ I stated the various important cases such as Hedley Byrne & Co Ltd v Heller & Partners Ltd (1964)‚ Tai Hing Cotton Mill Ltd v Liu Chong Hing Bank (1986)‚ Woods v Martins Bank Ltd (1959)‚ Barnes v Addy (1874)‚ Cornish v Midland Bank plc (1985)‚ Barclays Bank plc v O’Brien (1994)‚ Royal Bank of Scotland v Etridge (2001) and cited the decisions of these decided cases. 1. Doctrinal bases of liability

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    Accounting for non-accounting students eighth edition John R. Dyson ACCOUNTING FOR NON-ACCOUNTING STUDENTS Visit the Accounting for Non-Accounting Students‚ eighth edition Companion Website at www.pearsoned.co.uk/dyson to find valuable student learning material including: G G G G Multiple choice questions to help test your learning Extra question material Links to relevant sites on the web Glossary explaining key terms mentioned in the book We work with leading authors to develop

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    Rational Basis Test

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    6. Rational basis test: is a deferential standard of review asks if the governmental classification at issue is rationally related to a legitimate governmental interest. The Judge was correct in his initial statements but he also harbored a large bias to black community. The judge told Brigance that he needs to not risk his job and family just because of that black man in custody. The state representative and the judge were working together to keep assert their white dominance over this black man

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    INTRODUCTION In this unit we will discuss the inter-dependence of philosophy and education. After discussing the impact of philosophy on education and vice-versa‚ we will describe briefly the different schools of philosophy viz. Naturalism‚ Idealism and Pragmatism‚ and their implications for education in curriculum‚ role of the teacher and the nature of discipline. While explaining the ideas advocated by different schools of philosophy on above concepts‚ this unit will also incorporate the views

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    Accounting Concepts

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    Measurement Concept Going concern concept Accrual basis concept Consistency Concept Materiality and aggregation concept Concept on Prudence Matching Principle Dual Aspect Relevance Concept Introduction Financial accounting has a number of conservative laws which have been considered over the years and all the possible identifiable rules are: Business Entity Concept‚ Money Measurement Concept‚ Going concern Concept‚ Accrual basis of accounting concept‚ Consistency Concept‚ Materiality

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    Accounting

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    The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make

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    Case Cash and Receivables

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    Case Chapter 7 Cash and Receivables 1. Petty Cash (10 min.) The petty cash fund of $200 for Walsh Company appeared as follows on December 31‚ 2008: Cash $93.60 Petty cash vouchers Freight in $21.40 Postage 40.00 Balloons for a special occasion 18.00 Meals 25.00 Instructions 1. Prepare the journal entries required to establish the petty cash fund. 2. Prepare in general journal form the entry to replenish the fund. 3. On December 31‚ the office manager gives instructions

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    Accounting

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    He said he will ask either a petty cash question or a bank reconciliation one but not both. The question will also probably test us on e-controls or cash control for cash receipts and cash payments. What is internal control? It is the organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative

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    Cash Flow (Incremental)

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    Team Assignment Caledonia should focus on project free cash flows as opposed to the accounting profits earned by the project when analyzing whether to undertake the project because cash flows formulas focus on the project itself.   Free cash flow formula determines whether an investment adds value to the firm‚ which important to Caledonia’s management.   Since one of a firm’s primary goal is to gain profits for its stakeholders‚ using free cash flow formula would offer the most valuable information

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