Accounting 3 & 4 Exercises Set # 1 Lee E. 1. Fred has owned and operated a sole proprietorship for several years. On January 1‚ he decides to terminate this business and become a partner in the firm Sears and Roebucks. Fred’s investment in the partnership consists of P12‚000 in cash‚ and the following assets of the proprietorship: accounts receivable P14‚000 less allowance for doubtful accounts of P2‚000‚ and equipment P20‚000 less accumulated depreciation of P4‚000. It is agreed that the allowance
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a tradition of common law (UK)‚ specific accounting rules are established by the profession or by an independent nongovernmental body representing a variety of constituencies. Thus‚ the type of legal system in a country tends to determine whether the primary source of accounting rules is the government or a nongovernmental organization. Code Law: the accounting law tends to be rather general and does not provide much detail regarding specific accounting practices and may provide no guidance at all
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master! Help the Lord of Chester! He fell into the river!! King: the Lord of Chester calls for help! Guards run and help the Lord of Chester. He is my friend! Guard 1: Yes‚ yes Your Majesty! Peter: My clothes… where are my clothes? I’m cold! Puss in Boots 2: Oh‚ my poor Lord! Where are your clothes? King: Guards‚ new clothes for the Lord of Chester
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Ms Morgini Ramen INSTRUCTIONS TO STUDENTS All questions carry equal marks. Your assignment will be marked on a total of 30 marks. You may choose any TWO questions from the following four questions set. Submission date: 22 March 2014 Please note that any assignment submitted after the deadline for any reason whatsoever will not be considered. Word limit: 1000 words per question Format: Please follow the guidelines in the document “Guide to writing assignments” available on Moodle. In general
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Topic 1 Accounting and Society Prepared by Graeme Wines. One issue in Topic 1 that can be a little confusing is the distinction between inductive and deductive theories. The example of the topical area of climate change can be used to provide explanations of the distinction which may help your understanding. Inductive theory A descriptive (explanatory/scientific) theory‚ as these terms imply‚ suggest that the theory is attempting to describe or explain a particular phenomenon‚ and that
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OM CHAPTER 1 GOODS‚ SERVICES‚ AND OPERATIONS MANAGEMENT DAVID A. COLLIER AND JAMES R. EVANS OM‚ Ch. 1 Goods‚ Services‚ and Operations Management ©2009 South-Western‚ a part of Cengage Learning 1 Chapter 1 Learning Outcomes learning outcomes LO1 Explain the concept of operations management. LO2 Describe what operations managers do. LO3 Explain the differences between goods and services. LO4 Describe a customer benefit package. LO5 Explain three general types of processes
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ECO331 Behavioural Economics Lecture Notes Lecture 2: Experiment Design Econ vs Psych experiments: -No deception -Incentivized choices Purposes of experiments: Theory Experiments Theory *Testing theory for robustness Internal Validity: -Extent to which differences are due to hypothesized mechanism -Question of sufficient controls -Must assess plausibility of alternative explanations External Validity: -To what extent do experiment results translate into the world -Extrapolating
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text‚ then select Print from the File menu. Student CHAPTER 1 Name: Student BRANDON.GIBBONS@LIVE.COM Email: Summary of Results 100% Correct of 8 Scored items: 8 Correct: 100% 0 Incorrect: 0% Site Title: Economics UOP custom CW Book UOP-custom course for Economics Title: Book Case Author: Location Chapter 1 > Lecture Exam Questions on Site: Date/Time August 6‚ 2010 at 6:50 PM (EDT) Submitted: More information about scoring 1. According to the law of demand: As prices rise‚ ceteris paribus
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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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1. Substantive law vs Procedural law a. Substantive law: defines individual rights & duties IE K law‚ employment law‚ criminal law b. Procedural law: laws that deliberate methods of enforcing the rights established by Substantive law IE litigation‚ some parts of process of Family law 2. Criminal vs Civil a. Criminal: govt vs someone for a crime designed to protect the society as a whole b. Civil: individual protects individual rights & enforces individual duties 3. Cause of Action (COA)
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