In October baker’s ownership interest in the firm was sold out equally to Able and Cabot‚ with Baker receiving a total of $110‚000 in notes and cash from Able and Cabot. The firm had $12‚000 net income for the year. Able and Cabot planned to incorporate the firm as of January 1‚ 20X2. Prepare a statement of invested capital for the partnership as of December 31‚ 20X1. 20X2: The firm was incorporated on January 1‚ as planned. The articles of
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of Direct Child/Student Beneficiaries: 18Registered Children Number of Direct Adult Beneficiaries: 13 Adult Total Budget: Php 262‚000.00 Local Contribution: Php25‚000.00 Total Request: Php 262‚500.00 Proposed Activity Start Date: JANUARY 2013 Proposed Activity Duration: JANUARY 2013 – JANUARY 2014 Problem Statement/Description: A WHOLE SALE STORE OF RICE‚ COOKING OIL AND SUGAR TO BE DISTRIBUTED AROUND THE COMMUNITY EVEN TO THE BARANGAY NEARBY. A PROJECT WHERE WILL BE
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TITLE PAGE INCOME TAX Assessment - Report writing NAME: xxxx xxxx STUDENT NUMBER: xxxxxx HND Accounting TUTOR: xxxx xxxx DATE: April 2012 ACKNOWLEDGEMENTS. I would like to thank my tutor‚ xxxx xxxx for the valuable advice and support given to me to enable me to write my report. INTRODUCTION. The purpose of this report is to fully evaluate Katy’s situation by providing detailed information about the different issues regarding employment and self-employment to enable her to determine
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Presentation of Comprehensive Income By: Logan Bell October 3‚ 2012 The Accounting Standards Update (ASU) 2011-05‚ Comprehensive Income: Presentation of Comprehensive Income was issued to increase the importance of items reported in other comprehensive income. The FASB‚ along with IASB‚ worked jointly to improve and converge the reporting and presentation requirements for items contained in other comprehensive income. At the same time FASB issued ASU 2011-05‚ IASB issued an amendment to IAS
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Module 1 Activities If you are not currently working as a teaching assistant‚ you may need to do some research in order to fully answer these questions. Q1.1 Why is it important that you are able to communicate effectively with people in your job role? Effective communication between the teachers and the teaching assistants is paramount in ensuring that effective team work is achieved. Teachers will gain confidence in the teaching assistants with whom they work when they recognize that they
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Chapter 23 Measuring a Nation’s Income TRUE/FALSE 1. In years of economic contraction‚ firms throughout the economy increase their production of goods and services‚ employment rises‚ and jobs are easy to find. ANS: F DIF: 1 REF: 23-0 NAT: Analytic LOC: The study of economics and definitions of economics TOP: Economic expansion MSC: Definitional 2. Macroeconomic statistics include GDP‚ the inflation rate‚ the unemployment rate‚ retail sales‚ and the trade deficit. ANS: T DIF: 1 REF:
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Civil engineering has been a fundamental law in the province of building for thousands of years‚ from the aqueducts’ of Ancient Greece to the modern Shard of London‚ furthermore it will be needed for many years to come and this is where my interest lies. The Tacoma Narrows Bridge‚ collapsing on the 7th December 1940 was the third largest suspension bridge when it was deconstructed; luckily nobody was injured but a dog. The bridge collapsed due to aeroelasticity force when its natural vibration plus
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1. List down the characters and analyze their professional personalities/attitudes in this movie. Jared Cohen Suggested that they should sell all the products Not responsible Should consider the long term effect of every action that they take John Tuld Decided to sell all the products to the same buyers and any new buyers He argues that the action made is for the sake of the company Agency problem - conflict of interest Ruin the company reputation and loss people trust Sam Rogers Facing a dilemma
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his theories evolved. Almost all of his work involves mathematical computations to express the theories he devised. Fisher’s theories were revolutionary in the time period as a result‚ but his theories and legacy was tarnished due to one public statement in his career. He publicly announced right before the stock market crash of 1929 that the stock market had reached a “permanent plateau” and improvements were imminent. However‚ we know this never happened and he paid for it in both his career and
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companies are to report positive results and shall not present any ’surprises ’. Managers therefore often turn to their accounting departments for help‚ whose job it then is to improve the bottom line by changing the information shown in financial statements and hence improve investor confidence. This process is also called earnings management. Earnings management may be utilised in several different ways – facilitated by the flexibility of the US GAAP and the IFRS. These can be stated and interpreted
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