Accounting Basics: Introduction Accounting is a glorious but misunderstood field. The popular view is that it’s mostly mind-numbing number-crunching; it certainly has some of that‚ but it’s also a rich intellectual pursuit with an abundance of compelling and controversial issues. Accountants are often stereotyped as soulless drones laboring listlessly in the bowels of corporate bureaucracies. But many accountants will tell you that it’s people skills‚ not technical knowledge‚ that are crucial to
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opinion‚ why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them? In my opinion the reason for this is that accounting equations must always balance and the two sides must always be equal. Each transaction has a dual
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television with two eyes on the screen and a third on the smartphone or computer. This “second-screen-trend” has started a new movement of advertising‚ targeting specifically this younger audiences and open up a whole new market of advertising on Television. Many brands have already connected their Twitter accounts with TV advertising‚ using hashtags. This leads us to the question: How does the hashtag-trend change marketing and advertising in the TV and Media landscape? In this essay I will discuss the use
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diverse culture and the work ethic of American people all helped to push this country forward. From antebellum America in the 19th century‚ to the Progressive Era in the late 19th century and early 20th century‚ and finally to the New Deal period in the 20th century‚ many changes occurred as millions of people lives were affected greatly during this time. Throughout these eras in U.S. history‚ there was a general improvement in the lives of most Americans from the progression of economic life. During
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CHANGES IN THE AFTERMARKET BUSINESS TREND AND THE EFFECT ON CUSTOMER CRDEIT MAGAGEMENT -VINEETA SUMAN LUCKY BHAVINI ACKNOWLEDGEMENT This project has been carried out at the Sales Office of Bosch Ltd.‚ Patna which looks after Bihar aftermarket operation. We are really very glad that we got an opportunity to get an exposure of a real corporate environment at Bosch Ltd.‚ Patna. We are very grateful to Mr. Ashish Ranjan Sharma‚ Business Manager and for
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Question 1 The ethical guidelines which accountants are obliged to follow in the conduct of their work are made to combat criticism and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors
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parts as needed. GOODS & SERVICES SELECTION: The good or service provided is basis for an organization’s existence and the key to success; To maximize success‚ companies focus and concentrate on few products; Companies must look constantly for new products to design; Product Decision- to develop‚ implement a product strategy that meets the demands of the marketplace with a competitive advantage; Product strategy is 1 of 10 decisions of OM and focuses on developing a competitive advantage thru
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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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Question 1 Use the data below to answer Parts (a) through (c). Show all calculations in your solutions. On January 1‚ 20X2‚ Haika Inc. purchased 60% of the outstanding voting shares of Selina Co. for $3‚000‚000. On that date‚ Selina’s shareholders’ equity consisted of retained earnings of $2‚000‚000 and ordinary shares of $1‚000‚000. Selina’s identifiable assets and liabilities had fair values that were equal to their carrying values on January 1‚ 20X2‚ except for the following: | Fair value
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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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