The transactions completed by Franklin Company during January‚ its first month of operations‚ are listed below. Assume that Franklin Company uses the following journals: Cash Receipts (CR)‚ Cash Payments (CP)‚ Revenue (R)‚ Purchases (P)‚ and General (G). Assume that it uses Accounts Receivable and Accounts Payable Subsidiary Ledgers as well as a General Ledger. Indicate by letters which journal would be used for each transaction. Also indicate if the entry requires a posting to a subsidiary ledger
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stated that when a Trial Balance balances‚ it means the accounts are free of errors. I disagree with the statement. There may still be errors even if the trial balance is balances. There are six types of errors. The first type of error is the “error of omission” and the word omission mean left out. Its mean that a transaction is not recorded in the books of original entry‚ which mean both the debit and credit effects of the transaction are not shown in the Trial Balance. For example‚ a transaction
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Ch. 16 Outline XVI Revolution and Change in England A) The Tudors and the Stuarts 1) The Reign of Mary Tudor a) revolution: a radical attempt to change the very structure of a country’s government b) in the late 1400’s the Tudor family became the rulers of England. 2) The Reign of Elizabeth I a) Mary Queen of Scots i)When Mary I died her half-sister‚ Elizabeth‚ became queen. ii) Elizabeth had no children so the crown went to Mary Queen of Scots‚ a Catholic. b) The
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COMPANY PROFILE Procter & Gamble Co. (P&G) is an American company based in Cincinnati‚ Ohio that manufactures a wide range of consumer goods. In India Proctor & Gamble has two subsidiaries: P&G Hygiene and Health Care Ltd. and P&G Home Products Ltd. P&G Hygiene and Health Care Limited is one of India’s fastest growing Fast Moving Consumer Goods Companies with a turnover of more than Rs. 500 crores. It has in its portfolio famous brands like Vicks & Whisper. P&G
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Fixed Income Zero coupon bonds Professor Anh Le 1 – Zero coupon bond and zero yields A zero coupon bond (or zero for short)‚ as its name suggests‚ is a bond that pays no coupons. It only pays the face value on the maturity date. Not surprisingly‚ sellers of zero coupon bonds have to offer them at a deep discount in order to sell them to the public. For example‚ a 30‐yr zero‚ face value $1‚000 could be selling for as little as $53.54. One question you may ask right now is: i
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questions in the below textbook (which can be borrowed in Beanland Library): Additional information for this title Main Title: Understanding company law / Phillip Lipton‚ Abe Herzberg‚ Michelle Welsh. Author: Lipton‚ P. (Phillip) Herzberg‚ A. (Abraham) Welsh‚ Michelle Edition: 16th ed. Imprint: Pyrmont‚ N.S.W. : Thomson Reuters‚ c2012. Collation: viii‚ 987 p.; 26 cm. Notes: Previous ed.: 2010. "The 16th edition incorporates a number of significant recent amendments to legislation and case law.
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Chapter 14 Outline * 14.1 The Nature of Acid and Bases * Acid-Base Theories * Arrhenius- Acid is a hydrogen producer and a base is a hydroxide producer * Bronsted-Lowry- Acid is a proton donor and a base a proton acceptor * Lewis- An acid is an electron pair acceptor‚ and I base is an electron pair donor * Conjugate base & acids * Ka= [products]/[reactants] * Acid dissociation constant * 14.2 Acid Strength * In a strong
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5. Luther’s answers as delineated in the Confession of Augsburg to the four basic theological issues were the following. When asked how a person is saved‚ Luther said by faith alone. When asked where does religious authority reside‚ Luther said in the Word of God‚ as revealed in the Bible alone. When asked what is the church‚ he said the entire Christian community. Luther said there is no highest form of Christian life‚ all are equal. 6. His violent opposition to the Peasant’s War made his teachings
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you do with the money‚” he says. Naushad Merali “After all‚ however fat your bank account‚ you cannot eat more than three meals a day‚ put on two suits or drive in two cars at the same time”. And so Merali has decided to give back to the community through charity and creating employment. Though he owns several banks‚ Merali says one may not believe that his personal bank account balance sometimes reads zero. He discloses: “I have made a decision to give 50% of my annual earnings to charity.
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Chapter 1 Section 1 Anatomy-Study of internal and external structures of the body and the physical relationships among body parts Gross Anatomy -involves the examination of relatively large structures and features usually visible with the unaided eye Microscopic Anatomy-deals with structures that cannot be seen without magnification Physiology-the study of function and considers the functions of the human body Anatomy and physiology are closely interrelated Theroretically Practically Anatomical
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