equipment‚ supplies‚ any type of capital‚ furniture‚ and banking accounts) must be equal to the liabilities (bills‚ wages of employees‚ mortgages‚ and loans) plus owners/shareholders equality‚ which is the profit left over for the owner(s) (Editorial Board [EB]‚ 2012‚ p. 10). In simple form Assests=Liabilities+OwnersEquality‚ it is very important that the two sides are always even. Debits and credits are to equal the same for a given amount such as when a new piece of equipment is to be purchased for
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validity of the data. This means that data within a system is true and correct. If the information in an accounting information system is not correct then information that is produced is going to be of no use to the company’s employees‚ management‚ and board of directors that make the decisions. There are various steps that these people can take in order to make sure the information is accurate and the best decisions for the company can be made. According to our text‚ some of the ways to ensure integrity
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their own conclusions based on multi-source research. While this supposition is the conceptual intention of curriculum design‚ it is unachievable in practice. Teaching is a fluid action in which discussion and exploration continually have a place. Through the process of student-directed discussion and exploration‚ the teacher inevitably will reveal his/her beliefs and bias whether intended overtly or not. Instructionally‚ sharing ones’ beliefs and bias can be beneficial if they are acknowledged
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Discussion Board 1: 1. In one complete sentence‚ state this production ’s main point or thesis The Hope video proved to viewers that God is the Creator and Sustainer of all things who sent His only son to save us from our sins and to show the world His love for us. 2. State whether this production is designed to be informative or persuasive? This Production was designed to be informative showing viewers that God does exist and did send his only son here to die on the cross to prove that unconditional
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Describe the nature of the early African-European contact. At first‚ the relations between the Europeans and Africans centered primarily on the trade of items such as gold‚ ivory‚ cloth and guns. Then things took a turn for the worse when trade turned to from gold‚ ivory‚ cloth and guns to humans. What is meant by enslavement? Enslavements is the making slaves of your captives or forcibly dispossessing an owner of property (people). How did the plantation system make slavery a lucrative
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“Today‚ with recent advances in Technology‚ people can maintain their social networks electronically; they don’t need face-to-face contacts (Schaefer‚ 2012‚119).” For myself personally‚ social networking has been an important part of my life for this past year. My Husband is in the United States Coast Guard‚ so his job requires us to relocate to different stations mainly across the United States. Relocating is always a big adjustment‚ because not only are you in a new environment that you know almost
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From: Mary.Roupp Date: 4/1/2006 1:35:26 PM Subject: Re: Unit 2 The Timing and Mechanics of Accounting (DB) Companies often try to manage earnings by recognizing revenue before it is actually earned acco5rding to GAAP‚ or by deferring expenses that have been incurred. For example‚ to meet the targeted earnings for a specific period‚ a company may capitalize a cost that should be expensed. Read the following scenario and then decide how you would handle this opportunity to manage earnings
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Organizational Design and Structure For performance organization to be efficient‚ it must be based on a vertical organizational structure for the strategy formulation and decision-making to be accomplished by the top executives. This is then passed down the vertical hierarchical chain to be taken care of by lower workers within the organization or company. Due to this type of structure‚ all the control of the information that is used to complete any and all necessary tasks in order to obtain the
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Unit 2 Discussion Board COMP102 I have been using word throughout my life such as in grade school‚ middle school‚ high school‚ and Now College and to be honest the only thing I have used it for was to type up school work and I had very little knowledge about it. After reviewing the site provided I found quite a few things interesting to me. Since I am a business owner and I am only into the field a few months now I found it very cool that there are templates to make business cards‚ I have
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Leayotta Karley Bibl 105 9/24/12 Discussion Board Forum Thread 1 From the reading of Courageous Faith: ch.1-6‚ I have identified myself with the life of Moses. He portrayed a life with failures as well as received a second chance to overcome his past circumstances in his life. The parallels of Moses’s life to mine is similar in some ways due to the fact that I had to start over again with the help of God. Moses didn’t know what his purpose in life was as myself at present. Do the actions and
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