8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
Premium Generally Accepted Accounting Principles Balance sheet Asset
Joe Giudice begins a new journey: Justice being served for fraud charges Joe Giudice spent his last days as a free man with his wife Teresa and his four daughters‚ Gia‚ Gabriella‚ Milania and Audriana before surrendering himself to authorities. The day he turned himself in was a very emotional day for the whole family. Joe’s wife‚ his sister and brother along with other family members and the family attorney were present when Joe presented himself to the prison to being his sentence. They all
Premium Family Mother Father
International Journals Review Jstore.org Journal Review #1 Accounting Measures of Corporate Liquidity‚ leverage and costs of financial distress. Teresa a john Synopsis: When the cost of financial distress is high in a firm that firm may maintain a large amount of its total asset as liquid asset and be careful on taking debt. This journal has talked about the relation on the financial distress the cost of corporate liquid policy and the leverage policy of the firm. Liquid asset constitute
Premium Investment Asset Generally Accepted Accounting Principles
A. What is the difference between accrual-basis accounting and cash-basis accounting? The difference between the two types of accounting is when revenues and expenses are recorded. In cash basis accounting revenues are recorded when cash is actually received and expenses are recorded when the expenses are actually paid. B. Why would politicians prefer the cash basis over the accrual basis? The accrual basis system deals with deprecation of the value of equipment‚ land and such. Politicians would
Premium Government Federal government of the United States Generally Accepted Accounting Principles
will get a lighter sentence? That reminds me of this one time where my cousin Joe‚ you know Cousin Joe right? Anyway‚ he was caught murdering five people and they locked him up real tight but if he sold out his accomplice he would get a lighter sentence. Cousin Joe only got life for his murders. That’s a deal if I’ve ever seen one. Cousin Joe is still waiting to be released to this day. Man‚ I can’t wait to see Cousin Joe. Anyway‚ what were we talkin’ about? Oh yeah‚ the robbery. It all started one
Premium Jury English-language films Crime
Furthermore‚ after her relationship with Logan‚ Joe makes his way into Janie’s life. In Janie’s eyes he is a step above Logan‚ personality wise. Besides‚ Janie thought that Joe can give change and chance for her as the pear tree symbolized. Immediately‚ Joe convinces Janie that he would be a guide into realizing what her dreams in life are. Eventually‚ Janie comes to show that Joe is not the right one for her based on his power as the mayor. For instance‚ he says "You ain’t never knowed what it was
Premium Marriage The Crucible Woman
who really stands out to me is Joe Gargery. Joe is a very hardworking man who provides for his wife and Pip. Even though Joe is not Pips father‚ he is the only fatherly figure Pip has ever known. Joe is a blacksmith and he teaches Pip how to be a blacksmith because one day he is expected to do the same. Joe Gargery is a positive light in the movie because the actions he has chosen to do. Joe did not have to step up to be Pip’s father but he did. Joe’s wife treats Joe and Pip very badly because she
Premium
WEALTH AND THE AMERICAN DREAM DESCRIPTION OF THE THEME The American Dream and money play a massive part in the play and are both key themes throughout the play. Joe Keller’s obsession with this American Dream drives him to his death. Their persistence on having the classic American household creates tension and a sense of false reality. The classic family business that creates a sustainable income through the hard work that Keller put in‚ and is meant to be carried down to the son creates the
Premium James Truslow Adams United States English-language films
Joe Louis "The Brown Bomber" Joe Louis was born and raised in Detroit Michigan. Although throughout his life he lived in many places including Las Vegas and Chicago‚ he still always considered Detroit home. Officially Joe Louis Barrow‚ Joe was born in the foothills of Alabama to his mother Lillie and father Muroe Barrow on May 13‚ 1914. Munroe was a sharecropper‚ but was committed to an asylum when Joe was only two‚ and died when he was four. Following this his mother got a job doing washing to
Premium
This question examines the criminal liability of Joe and Luo in the deaths of Karla and Mick. Joe could be charged with gross negligence manslaughter on the death of Karla. He cannot be charged for murder and voluntary manslaughter because he does not meet the mens rea requirements for intention to kill or cause grievous bodily harm. He cannot also be charged for unlawful act manslaughter because he has not committed an act but instead has failed to act. The court has established in the case of
Premium Law Tort law Tort