To: From: Date: Re: Research Memo This memo provides the answers to the Questions CE 10-1 through 4. CE 10-1 Capitalize: Capitalize is used to indicate that the cost would be recorded as the cost of an asset. That procedure is often referred to as deferring a cost‚ and the resulting asset is sometimes described as a deferred cost. Nonmonetary Asset: Nonmonetary assets are assets other than monetary ones. Examples are inventories; investments in common stocks; property
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Chapter 1 1. What is the most important difference between a corporation and all other organizational forms? A corporation is legally separate from its owners; it is an artificial being under the law. 2. What does the phrase limited liability mean in a corporate context? Limited liability refers to the amount of liability an owner has. The owner is only liable for the amount they invested in the corporation. 3. Which organizational forms give their owners limited liability? LLC
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MEMO: From: Learning Team B Date: October 28‚ 2013 Re: Revenue Cycle Reasoning for this memo is to explain with detail the qualitative features of importance that identifies the deviations seen in the auditing process at Apollo Shoes. During the audit process there were none compliances found in the records of Apollo Shoes Inc.’s revenue process‚ cycle of test ending 12/31/2007 and in the receivable aged trial balance sheet. In the following you will see a step listed that was taken during
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FIN 515 Homework #1 1-1. What is the most important difference between a corporation and all other organizational forms? Owners of a corporation are not liable for obligations the corporation enters into because a corporation is defined as a legal entity separate from its owners. 1-2. What does the phrase limited liability mean in a corporate context? Limited liability means that owners/investors are solely liable for the amounts they invested in the company; and owners/investors are not
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Cash Distribution Plan Advanced Accounting ACC 407 Assignment 1 Week 1 LO2-16-8 Cash Distribution Plan Adams‚ Peters‚ and Blake share profits and losses for their APB Partnership in a ratio of 2:3:5. When they decide to liquidate‚ the balance sheet is as follows: Assets Liabilities and Equities Cash $40‚000 Liabilities $50‚000 Adams‚ Loan 10‚000 Adams‚ Capital
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Week 1 Assignment 1 A landline telephone (also known as land line‚ land-line‚ main line‚ homophone‚ landline‚ fixed-line‚ and wire line) refers to a phone that uses a solid medium line such as a copper wire or fiber optical wire for transmission The local loop (also referred to as a subscriber line) is a twisted pair cable or circuit (cable) that connects from the demarcation point (house/building) of the customer premises to the edge of the service provider maximum of 3 miles. A central office
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Veteran’s Marketing Memo Military veterans stood up for our country and are not recognized enough for their dedication. There are many programs dedicated to providing assistance to veterans but not many ways to reward them for their devoted service to their country. Many veterans have been affected due to combat and some need help transitioning from military life to a civilian. As the director of for a military veterans foundation I must raise money to create a fallen heroes monument. The first
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Dr. Thant Syn CIS 410 11/08/2013 A mobile Application for Home Depot This case is very interesting and can be analyzed by many different ways; it depends in which perspective you want to analyze it. Home depot is the world’s largest retailer of home improvement and construction products and service. It was founded in 1978 in Atlanta‚ Georgia. At the beginning‚ when they first started they were more concentrated in expanding. They were forgetting about one of the most important parts
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University Hospital Memo To: Pat Rowe‚ Vice President From: Yilin Zhang CC: Jon M. Werner Date: 5-Nov-13 Re: Technology Training Recommendations With the development of medical science and medical technology‚ high-tech medical devices‚ which come out constantly‚ help caregivers stay informed about new equipment and principles of work performance‚ safe use of new equipment‚ and other issues that are increasingly prominent. Meanwhile‚ the poor attitude of staff during training is also a big
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Analysis of Cisco _____________________________________________________________________ As you concerned‚ our company need to start report comprehensive income. I made several searches for that. In this memo‚ I will illustrate comprehensive income‚ FASB codification‚ and comprehensive income‚ locate and extract relevant information and authoritatively support for the financial report. Comprehensive Income & Net Income Net income shows a company’s total
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