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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Chapter 3 Financial Statements‚ Cash Flow‚ and Taxes Learning Objectives After reading this chapter‚ students should be able to: ◆ Briefly explain the history of accounting and financial statements‚ and how financial statements are used. ◆ List the types of information found in a corporation’s annual report. ◆ Explain what a balance sheet is‚ the information it provides‚ and how assets and claims on assets are arranged on a balance sheet. ◆ Explain what an income statement
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Basic Concepts in Attachment Theory Attachment theory is the joint work of John Bowlby and Mary Ainsworth (Ainsworth & Bowlby‚ 1991 ). Drawing on concepts from ethology‚ cybernetics‚ information processing‚ developmental psychology‚ and psychoanalysts‚ John Bowlby formulated the basic tenets of the theory. He thereby revolutionized our thinking about a child’s tie to the mother and its disruption through separation‚ deprivation‚ and bereavement. Mary Ainsworth’s innovative methodology not only
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sociolinguistics studies. Sociolinguistics often shows us the humorous realities of human speech and how a dialect of a given language can often describe the age‚ sex‚ and social class of the speaker; it codes the social function of a language . II. Basic Concepts 1. Speech communities Are groups of people of any social class‚ students‚ workers or even friends and families. They use the language according to a set of norms to share enough characteristics of pronunciation‚ grammar‚ vocabulary
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discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out. | 1. No‚ production and sale of the racing bikes should not be discontinued. If the racing bikes were discontinued‚ then the net operating income for the company as a whole would decrease by $11‚000 each quarter: |Lost contribution margin | |$(27‚000) | |Fixed costs that can be avoided:
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all computations to the nearest dollar.) (a) Prepare the journal entries to record the following transactions. (1) The issuance of the bonds on July 1‚ 2010. (2) The accrual of interest and the amortization of the discount on December 31‚ 2010. (3) The payment of interest and the amortization of the discount on July 1‚ 2011‚ assuming no accrual of interest on June 30. (4) The accrual of interest and the amortization of the discount on December 31‚ 2011. (b) Show the proper balance sheet presentation
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Solution sto Chapter 2 Problems Accounting Judgements Questions 1. Accounting principles include: (a) Underlying assumptions – basic underlying assumptions that make accounting possible. (b) Qualitative criteria – standards to judge policy choices in conjunction with reporting objectives. (c) Measurement methods – ways to measure results and financial position. 2. The importance of establishing a document such as the IASB’s Framework is that this material helps standard setters when
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The State of Statements: Balance Sheets‚ Income Statements and Statements of Cash Flow Robert M. Traynor‚ Ed.D.‚ MBA CEO/Audiologist Audiology Associates‚ Inc. Johnstown‚ Colorado Introduction For most audiologists the patient is foremost in mind as we provide hearing care services. Successful practitioners know that when their practice is centered on their patient’s welfare‚ success will usually follow. Probably the greatest responsibility of the Robert G. Glaser‚ Ph.D. CEO/Audiologist Audiology
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Crane and Matten Business Ethics (3rd Edition) Chapter 3 Evaluating Business Ethics: Normative Ethical Theories Lecture 3 Overview • Locate the role of ethical theory • Highlight international differences in perspectives • Provide critical overview of traditional ethical theories • Explore contemporary ethical theories What are normative ethical theories? • Ethical theories are the rules and principles that determine right and wrong for any given situation Crane and Matten (2010) • Normative
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Check Point: Basic Concept in Positive Psychology * What do researches mean by ‘subjective well-being’? How is this construct measured? What the researchers mean by ‘subjective well-being’ is that it takes a broad view of happiness‚ beyond the pursuit of short-term of physical pleasures defining a narrow hedonism. It is also define as life satisfaction‚ the presence of positive affect‚ and a relative absence of negative affect. ‘Subjective well-being’ is measured by hedonic well-being where
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