Ch 8: Financial Reporting and Management Reporting System GL master ledger: the principal file in the GLS database. Based on chart of accounts. FRS draws upon GL master to produce the firm’s financial statements General ledger history file and journal voucher history file- prior period info Responsibility center file: contains revenues‚ expenditures‚ and other resource utilization data for each responsibility center in the organization (used for responsibility reports) Budget master file: contains
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Accounting homework (Chapter 4) Discussion Questions 4.2 Why do you think it’s important to keep separate the transactions made by the business and its owner? Give an example of a personal transaction that has implications for the business entity. According to entity concept‚ every type of entity – sole trader‚ partnership‚ company and trust – must keep records of its business transactions separately from any personal transactions. Personal transactions are transactions of the owners‚ partners
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2a: Infrared Spectroscopy and Analgesic Drug Identification Abstract: To be able to understand how organic soluble compounds could be isolated from non-organic components‚ a chromatographic separation process was used. The objective of the analgesic drug identification is to isolate the organic compounds/ active ingredients in an unknown drug. The identity of the drug was determined through melting point‚ percent recover‚ and Rf values. The comparable data for acetaminophen from the manufacturer
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stfx university | Accounting For Leases | Capital Vs. Operating Leases | | 200906027 | 11/16/2010 | This paper will outline the differences in accounting treatment of and criteria for determining whether leases should be accounted for as either a capital lease or an operating lease. I will be limiting my discussion to the accounting treatment of leases by the lessee. This paper will discuss the current accounting treatment for the two types of leases according to Canadian GAAP and
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M14_MARI6128_10_SE_CH14.QXD 1/19/11 5:58 PM Page 193 NAME_________________________________ LAB TIME/DATE ________________________ EXERCISE R E V I E W S H E E T 14 Key: a. b. endomysium epimysium fascicle fiber myofibril myofilament perimysium sarcolemma sarcomere sarcoplasm tendon Microscopic Anatomy and Organization of Skeletal Muscle Skeletal Muscle Cells and Their Packaging into Muscles 1. Use the items in the key to correctly identify the structures described below
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The Manager and Management Accounting BUSI 0028 Sem 2‚ 2012/13 Dr. Olivia Leung © 2012 Pearson Education. All rights reserved. Accounting Discipline Overview Managerial accounting—measures‚ analyzes‚ and reports financial and nonfinancial information to help managers make decisions to fulfill organizational goals. Managerial accounting need not be GAAP compliant. Financial accounting—focus on reporting to external users including investors‚ creditors‚ and governmental
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Comprehensive Problem 67 (Ch. 5) Ken is 63 years old and unmarried. He retired at age 55 when he sold his business‚ Understock.com. Though Ken is retired‚ he is still very active. Ken reported the following financial information this year. Assume Ken’s modified adjusted gross income for purposes of the bond interest exclusion and for determining the taxability of his Social Security benefits is $70‚000 and that Ken files as a single taxpayer. Determine Ken’s 2009 gross income. a. Ken won $1
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Exercise 2-3 (CC 1‚ 2‚ 3‚ 4) (15 minutes) | | Cost Behaviour | | To Quantity of Baked Goods Produced | | Cost Item | Variable | Fixed | | Direct | Indirect | 1. | Account Manager’s salary | | X | | | X | 2. | Rent on building | | X | | | X | 3. | Flour used in the making of croissants | X | | | X | | 4. | Bakery manager’s salary | | X | | | X | 5. | Wages of bakers | X | | | X | | 6. | Amortization of commercial ovens used in baking | | X | | | X | 7
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as graphs and Public Health Observatories such as the Health Protection Agency (HPA). ’World Health Organisations were set up on the 7th April 1948 to response to an international desire for a world free from diseases ’ Health and Social Care Book 2. The aim of the World Health Organisation is to make sure people have the highest possible level of health. Some of its responsibilities are to improve and strengthen the health services‚ making sure there is information in the field of health and to
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Continuing Cookie Chronicle – Problem 2 After researching the different forms of business organization‚ Natalie Koebel decides to operate Cookie Creations as a proprietorship. She then starts the process of getting the business running. During the months of November and December 2013‚ the following activities take place: Nov. 12 Natalie cashes her Canada Savings Bonds and receives $980‚ which she deposits in her personal bank account. 12 She opens a bank account under the name “Cookie Creations”
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